New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
July 22, 2014
07:03 EDTSUNESunEdison signs PPA with Southern Nevada Water Authority
SunEdison announced that it has signed a 20-year power purchase agreement, or PPA, with the Southern Nevada Water Authority, or SNWA. The power purchase agreement enables SNWA to lock in a significant portion of its energy costs at a fixed rate, providing an effective hedge against future increases. As part of the agreement, SunEdison will develop, construct, own and operate a 14 megawatt AC solar photovoltaic power plant, located in Clark County, Nevada. Construction of the facility will begin in early 2015 with commercial operation slated for later that year.
News For SUNE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 21, 2015
07:33 EDTSUNESunEdison awarded 33MW rooftop solar contract in Southern California
Subscribe for More Information
May 20, 2015
10:00 EDTSUNEOn The Fly: Analyst Initiation Summary
Subscribe for More Information
May 19, 2015
16:42 EDTSUNESunEdison initiated with an Outperform at Baird
Subscribe for More Information
May 14, 2015
11:33 EDTSUNEStocks with call strike movement; TWTR SUNE
Subscribe for More Information
May 12, 2015
07:06 EDTSUNESunEdison signs agreement with County of Alameda for 3MW solar system
SunEdison (SUNE) announced that is has signed an agreement with the County of Alameda, Calif. to install 3 megawatts, or MW, DC of solar systems as part of the second phase of the Regional Renewable Energy Procurement Program, or R-REP. In the first phase of R-REP, SunEdison was awarded more than 18 MW DC of solar projects with 9 different Bay Area public agencies, including 11 MW with Alameda County. In this second phase of the R-REP, SunEdison was awarded all of the projects on which it bid. SunEdison expects to add these projects to the Call Right Projects List for TerraForm Power (TERP),
May 11, 2015
16:20 EDTSUNESunEdison to review strategic alternatives
SunEdison announced that it is reviewing strategic alternatives to more effectively align the Company structure as a sponsor in a long term asset ownership platform, through its TerraForm platform. The most efficient and commonly utilized structure by sponsors of yield vehicles is the general partnership structure in a master limited partnership. The company is considering a range of alternatives that will drive greater value and enable the efficient return of capital to shareholders, while maximizing its growth opportunities. The company's board authorized this strategic review. SunEdison expects to conclude its strategic review before the end of the year. However, no specific timetable has been set, and there can be no assurance that any transaction will take place. Likewise, no decision has been made on the timing or terms of any such transaction if one were to occur.
16:07 EDTSUNESunEdison files to sell $750M of convertible senior notes
Subscribe for More Information
May 8, 2015
16:48 EDTSUNESunEdison in settlement agreement with Wacker Chemie
On May 7, SunEdison and Wacker Chemie entered into a Settlement and Release Agreement. The Settlement Agreement resolved the disagreement between the parties regarding two long-term polysilicon supply agreements entered into by the company and Wacker in 2010 and the subsequent settlement agreement entered into by the parties in August of 2012. As previously disclosed, this dispute had been the subject of an arbitration proceeding at the Swiss Chambersí Arbitration Institution .The Settlement Agreement resolves this dispute and provides for the mutual request by the Company and Wacker to the SCAI for the termination of the arbitration. The parties filed this request for termination and entry of an award on agreed terms also on May 7. Pursuant to the Settlement Agreement, Wacker will retain certain deposits previously paid by the Company under the Agreements in the amount of EUR 24,080,582.40. In addition, the company will pay to Wacker a total of EUR 76,762,724.96 in installments over 2015. Neither party has admitted to any wrongdoing or liability with respect to any of the claims related to the Agreements, and Wacker and the company have fully released each other from any further obligations under the Agreements.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use