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Stock Market & Financial Investment News

News Breaks
April 21, 2014
09:08 EDTSO, SUNESouthern Company and Turner Renewable Energy acquire California solar plant
Southern Company (SO) subsidiary Southern Power, in partnership with Turner Renewable Energy, has acquired the partnership's second California solar installation. The agreement to acquire the Adobe Solar Facility, a 20-MW solar photovoltaic installation in Kern County, Calif., was closed upon successful completion of construction. The facility is expected to begin commercial operation in May. The Adobe Solar Facility was built and will be operated and maintained by SunEdison (SUNE).
News For SUNE;SO From The Last 14 Days
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July 2, 2015
05:30 EDTSUNESunEdison and Gamesa sign MOU to develop 1GW of wind power plants
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July 1, 2015
08:09 EDTSUNESunEdison closes financing and starts financing in wind energy project in Maine
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June 30, 2015
16:02 EDTSOGeorgia Power to offer solar sales, installation services July 1
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07:32 EDTSUNESunEdison inaugurates 50MW DC solar power plant in central India
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June 29, 2015
10:51 EDTSOSupreme Court overrules EPA regulations on power plant pollution, The Hill says
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08:06 EDTSUNESunEdison and TerraForm announces closing of 521-MW Atlantic Power acquisition
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June 25, 2015
11:38 EDTSOSouthern says regulators agree to filing of stipulation
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June 24, 2015
09:04 EDTSOSouthern Company subsidiary surpasses 400 MW of solar development in Georgia
Southern Company subsidiary Southern Power has surpassed 400 MW in the state of Georgia with the acquisition of the 20-MW Butler Solar Farm from Strata Solar. The Butler Solar Farm is expected to enter commercial operation in Q4. Georgia Power will purchase the energy generated from the 20-MW farm under a 20-year power purchase agreement. Southern Power will retain the associated renewable energy credits, which it may sell to third parties.
07:33 EDTSUNESunEdison and Green Charge Networks partner in solar energy plus storage system
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06:35 EDTSUNESunEdison Semiconductor enters into granular polysilicon supply agreement
In a regulatory filing, SunEdison Semiconductor (SEMI) disclosed that the company and SunEdison (SUNE) entered into a letter agreement regarding granular polysilicon supply matters. The agreement provides for a long-term supply by SUNE and the joint venture SMP of the company’s granular semiconductor grade polysilicon needs. The agreement provides for a fixed price per kilogram of the granular polysilicon for each year over the 10.5-year period of the agreement. The price for polysilicon decreases during the term of the Agreement. In exchange, the company has agreed to assign all of its share of the dividend and distributions from SMP to SUNE for the duration of the agreement. Because these arrangements are different than those originally agreed upon by and between SUNE’s subsidiary, SunEdison Producer Singapore Pte Ltd., and the company’s subsidiary, SunEdison Semiconductor B.V., relating to the SMP joint venture, the parties have agreed to take all necessary steps to provide for these changes in the original polysilicon supply agreement and to otherwise implement these provisions relating to SMP.
June 23, 2015
09:27 EDTSUNESunEdison shares should rise significantly on pending deal, says Wolfe Research
After an SEC filing revealed that SunEdison's (SUNE) captive yieldco, Terraform Power (TERP), is in talks to buy up to 1.2 GW of wind assets, ,Wolfe Research believes that the acquisition could enable Terraform to increase its dividends per share by about 87c. The firm thinks the deal could increase Terraform's stock value by $4-$7 per share. It says that these increases are not currently in its estimates, and it keeps a $44 price target and Outperform rating on SunEdison.
07:34 EDTSUNESunEdison completes 1MW DC canal top solar power plant for Karnataka Government
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June 22, 2015
19:56 EDTSOUtilities sector dips after EPA warns of 'significant risks' from climate change
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