SunEdison's two yieldcos exploring strategic options, including sale

AlTi Global

19/09/2016 13:20

Sept 19 (Reuters) - TerraForm Global Inc  GLBL.O  and 
TerraForm Power Inc  TERP.O , the "yieldcos" of bankrupt solar 
company SunEdion Inc, said on Monday that they were exploring 
strategic alternatives, including a sale of their entire 
business. 
    The yieldcos were not part of SunEdison's bankruptcy in 
April and said at the tine that they had sufficient liquidity to 
operate and that their assets were not available to satisfy the 
claims of SunEdison creditors.  urn:newsml:reuters.com:*:nL2N17B0J1     
 
 (Reporting by Arathy S Nair in Bengaluru; Editing by Savio 
D'Souza) 
 ((arathys.nair@thomsonreuters.com; within U.S. +1 646 223 8780, 
outside U.S. +91 80 6749 3863; Reuters Messaging: 
arathys.nair.thomsonreuters.com@reuters.net)) 
 
Keywords: TERRAFORM ALTERNATIVES/