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Stock Market & Financial Investment News

News Breaks
June 29, 2014
17:00 EDTSUNESunEdison closes financing for merchant solar project in Chile
On Friday evening, SunEdison announced the closing of a $155M non-recourse debt financing arrangement with the Overseas Private Investment Corporation, OPIC, the U.S. Government's development finance institution, the Inter-American Development Bank, IDB, the largest multilateral lender to Latin America and the Caribbean, the Clean Technology Fund, CTF, a multinational fund whose resources are channeled by IDB to support investments aimed at having a transformational impact in the reduction of greenhouse gas emissions, and CorpBanca, one of the most important Chilean commercial banks. The debt proceeds will be used in Chile for the construction of a 72.8 MWp solar power plant, to inject energy directly into the Sistema Interconectado del Norte Grande, SING, selling all its production in the spot market. OPIC is providing $ 48.9M of debt, the IDB is providing $50.3M of debt directly and is also administering the $16Mof debt from the CTF, and CorpBanca is providing a parallel loan of $39.8M in addition to providing a local Chilean Peso VAT facility for the equivalent of $35M. CorpBanca's participation represents the first time a local bank is participating in the senior debt facility for a merchant solar project in Chile.
News For SUNE From The Last 14 Days
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September 17, 2014
13:10 EDTSUNEChinese solars advance after analysts upbeat on space
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08:18 EDTSUNECanadian Solar price target raised to $45 from $40 at FBR Capital
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September 15, 2014
17:33 EDTSUNESunEdison, TerraForm announce interconnection of 50 Megawatts solar projects
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September 10, 2014
09:22 EDTSUNEOn The Fly: Pre-market Movers
HIGHER: Twitter (TWTR), up 2.8% after upgraded at UBS... SunEdison (SUNE), up 2.7% after Google (GOOG) to provide $145M investment in the company's Regulus solar plant... Camtek (CAMT), up 15% after receiving new orders of $3.0M from large OSAT... Doral Financial (DRL), up 12.5% after announcing sale of approximately $430M in assets... Imperva (IMPV), up 1.5% after upgraded at Oppenheimer... Mandalay Digital (MNDL), up 13.7% after updating its guidance. UP AFTER EARNINGS: Land's End (LE), up 8.7%... Palo Alto (PANW), up 4.4%. LOWER: eBay (eBAY), down 2.6% after downgraded at Piper Jaffray following yesterday's launch of Apple Pay (AAPL)... Mobileye (MBLY), down 2.5% after downgraded at Deutsche Bank... Krispy Kreme (KKD), down 2% after Q2 earnings report... GT Advanced (GTAT), down 7% after downgraded at Goldman and Piper Jaffray... Boyd Gaming (BYD), down 3.3% after downgraded at Morgan Stanley... Urban Outfitters (URBN), down 2% after reporting Q3 SSS were so far in the low single-digits negative... Armada Hoffler (AHH), down 6% after filing to sell 5M shares of common stock... AvalonBay (AVB), down 1.8% after to sell 4.5M shares in a forward sales agreement with Goldman... AngloGold (AU), down 12% after announcing plans to restructure its international mining under a new company and saying equity capital raising being contemplated.
07:04 EDTSUNEGoogle to provide $145M investment in SunEdison's Regulus solar plant
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