When did you create Terraform, and what’s the story behind it? What was your initial inspiration? Terraform Industries was founded in late 2021, as a vehicle to bring gigascale atmospheric hydrocarbon synthesis to the world. Regardless of technical approach, ever-cheapening renewable power means that, in any given market, it’s only … [continued]
Both of SunEdison’s TerraForm yieldcos have announced that they have entered into exclusive talks with Canadian Brookfield Asset Management to discussion a potential acquisition of the yieldcos for as much as $2.46 billion.
Less than a week after TerraForm Power and Global threw their parent company SunEdison under the bus, it has hit back with a passive aggressive press release that 16-year-olds the world over will be learning from for many years to come. Late September, SunEdison’s two yieldcos — TerraForm Power and … [continued]
Financially embattled renewable energy developer SunEdison is in “active discussions” with its second yield-co, TerraForm Global, to sell off its interests in the company. TerraForm Global, SunEdison’s second yield-co formed to own and operate clean energy power plants in emerging markets, formed in early 2015, published a presentation on its … [continued]
Once the world’s leading renewable energy developers, SunEdison, is now facing tumbling share prices and the demise of $10 billion in market value. Fourteen Months Of Pending Doom It was just over a year ago that SunEdison and its first yieldco, TerraForm Power, announced closure on the $2.4 billion acquisition … [continued]
Renewable energy developer SunEdison has revised its merger agreement with Vivint Solar, causing a flurry of activity for happy investors. Shares of both SunEdison and Vivint Solar jumped on news that the two companies had revised their merger agreement. It was announced in July that SunEdison would acquire Vivint Solar for $2.2 … [continued]
SunEdison and its emerging markets yieldco, TerraForm Global, are relying on Latin America to bolster its pipeline. A week after GTM Research published its Q2 2015 Latin America PV Playbook, one of the company’s senior solar analysts has expounded on how the region is going to be a vital location for the … [continued]
Update: The Vivint Solar acquisition never went through, and SunEdison tumbled dramatically into bankruptcy. SunEdison has continued its absurdly prolific acquisition spree this week, announcing the purchase of Vivint Solar in conjunction with its yieldco TerraForm Power, and a separate acquisition of the British company Mark Group. SunEdison, in partnership … [continued]
Solar funding was down slightly in Q2’2015, sitting at $5.9 billion, with project acquisitions rising to an impressive $2.9 billion, according to new figures released by Mercom Capital Group. In a press release sent out to journalists, Mercom Capital released its report on solar funding and merger & acquisition (M&A) … [continued]
TerraForm Power and its parent company SunEdison have announced the $2 billion acquisition of a 930 MW wind energy portfolio from Invenergy. The monumental transaction comes just over a week after SunEdison and TerraForm finalized the acquisition of 521 MW worth of operating wind energy plants from Atlantic Power, which … [continued]
