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Stock Market & Financial Investment News

News Breaks
June 30, 2014
08:03 EDTSUNESunEdison closes $190M project financing for solar plant
SunEdison announced the closing of a $155M non-recourse debt financing arrangement with the Overseas Private Investment Corporation, the Inter-American Development Bank, and CorpBanca, a prominent Chilean commercial bank, who also provided a local Chilean Peso VAT facility equivalent to $35M. The debt proceeds will be used in Chile for the construction of a 72.8 MWp merchant solar power plant. Interconnection of the 72.8 MWp plant is expected to take place during 2014. Once completed, the project, called "Maria Elena" and located in the Antofagasta region of Chile, is set to become one of the largest solar photovoltaic merchant power plants in Latin America and one of the largest in the world.
News For SUNE From The Last 14 Days
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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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