I am not really changing the name! If you thought it was true, my apologies, but you fell for an April Fool’s joke.
The notice has come out though the official filing has not yet happened. Sunedison appears to be in talks with lenders to see it through the chapter 11 filings. Two lenders are in play, Deutsche Bank, and a few funds that participated in the latest debt raise. The stock is now nearing the single digits and it will take some time to unwind the projects and various business units. Stay tuned for much more.
- Bloomberg: SunEdison Plunges on Report of Plans to File for Bankruptcy
- Forbes: Troubled China Solar Firm Hanergy Posts $1.6B Loss As Uncertainty Deepens
- Greentech Media: A First Look at Amazon’s New Drone-Based Solar Installation Service
- Renewable Energy World: Community Solar Tipping Point: Flexibility + Access = Market Growth
- Think Progress: Florida Will Vote This Year On Measure That Would Block Solar Leasing In The State
- PV-Tech: German government could miss own solar capacity target for third year in row
- Greenbiz: Will some states be left out of clean energy’s economic boost?
- Los Angeles Times: Are you paying too much for a rooftop solar system?
Opinion
Have a great day!
Yann