Brief: Sunedison responds to claims and allegations made by Terraform Power and Terraform Global

AlTi Global

03/10/2016 21:45

Oct 3 (Reuters) - Sunedison Inc  SUNEQ.PK   
    * "Sunedison disagrees with many of statements, claims and 
allegations made by Yieldcos in their press releases" 
    * No date has been established yet in bankruptcy cases for 
objecting to proofs of claims 
    * Sunedison, Inc. Responds to claims and allegations made by 
Terraform Power, Inc., and Terraform Global, Inc. 
    * Sunedison confirms that settlement discussions with 
Yieldcos have commenced 
    * Settlement discussions relate to alleged claims asserted 
by Yieldcos, claims that Sunedison Estate is reviewing,may 
assert against yieldcos 
    * "will evaluate proposed transactions based on value they 
deliver to Sunedison's bankruptcy estate" 
    * Anticipated that ultimately there will be resolution of 
dispute regarding claims alleged by Yieldcos,claims that co 
holds against yieldcos 
 
Source text for Eikon:  ID:nPn6DP8FFa  
Further company coverage:  SUNEQ.PK  
 
 ((Bangalore.newsroom@thomsonreuters.com;))