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Stock Market & Financial Investment News

News Breaks
July 3, 2014
07:02 EDTSUNE, AESSunEdison acquires 50% stake in Silver Ridge Power Joint Venture
SunEdison (SUNE) completed its acquisition of a 50% ownership stake in Silver Ridge Power, from a subsidiary of AES Corporation (AES) for approximately $178.6M in cash. Through its ownership in the SRP joint venture, SunEdison now owns a 50% interest in 336 MW of solar power plant operating projects, including the 266 MW Mt. Signal solar project in California, and a 40% interest in the Tenaska Imperial Solar Energy Center West 183 MW solar power facility to be completed in 2016. SunEdison will provide operations and management (O&M) and asset management for SRP's entire projects portfolio.
News For SUNE;AES From The Last 14 Days
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March 27, 2015
07:14 EDTAESAES Corp. management to meet with UBS
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March 26, 2015
07:33 EDTSUNESunEdison partners with City of Long Beach to provide 2.5MW of solar power
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March 25, 2015
07:31 EDTSUNESunEdison purchases 1K energy storage systems from Imergy
SunEdison announced that it plans to purchase up to 1,000 vanadium flow batteries from Imergy Power Systems. The vanadium flow batteries will be used to store solar-generated electricity for SunEdison's rural electrification and solar powered minigrid projects in India. SunEdison will also increase its equity investment in Imergy. This aims to strengthen the supply relationship between the two companies as SunEdison begins deployment of its extensive rural electrification program in India.
March 18, 2015
07:32 EDTSUNESunEdison to provide Georgetown, Texas, with 150 MW of solar power
SunEdison (SUNE) will construct new solar plants in West Texas to supply the City of Georgetown with 150 MW of solar power for 25-years. The SunEdison solar plants will be interconnected in 2016, and will provide over 9,500 gigawatt-hours of clean energy to Georgetown through 2041. Upon completion, SunEdison expects to offer this project for investment to TerraForm Power (TERP).

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