UPDATE 1-TerraForm to buy wind farms in North America for $2 bln July 6- TerraForm Power Inc, a unit of SunEdison Inc, said it would buy 930 megawatt of wind farms in the United States and Canada from Invenergy Wind LLC for $2 billion. TerraForm's shares rose 3.5 percent to $38.86 in extended trading, while SunEdison's shares rose 3.2 percent to $29.90. The remaining 470 MW will be acquired by a new warehouse facility sponsored by...
SunEdison unit TerraForm to buy wind power plants for $2 bln July 6- TerraForm Power Inc, a unit of SunEdison Inc, said it would buy 930 megawatt of wind power plants from Invenergy Wind LLC for $2 billion. Under the deal, TerraForm will acquire seven contracted wind farms in the United States and Canada, the company said on Monday. The deal is expected to close in the fourth quarter.
Construction begins on 185-megawatt wind farm in Maine SunEdison announced Wednesday it had secured $360 million in financing for the wind farm that is expected to produce 185 megawatts of electricity, enough to power about 65,000 homes. When it's finished in late 2016, the 56- turbine farm will bring SunEdison's total wind-generation capacity in Maine to 552 megawatts. Missouri- based SunEdison says it will...
Source: The Associated Press
UPDATE 1-8point3 Energy Partners expects IPO to be priced at $19-$21/share June 10- 8 point3 Energy Partners LP, formed by solar companies First Solar Inc and SunPower Corp, said it expects its initial public offering to be priced between $19 and $21 per share. The offering of 20 million Class A shares is expected to raise about $420 million and value 8 point3 at about $1.49 billion at the top end of the expected price range.