Deals
SunEdison Shopping Vivint Assets Before Acquisition Closes
- Terms of the Vivint acquisition were revised in December
- `This deal has the potential to be the undoing of SunEdison'
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SunEdison Inc. has yet to complete its $1.9 billion purchaseof Vivint Solar Inc. and it’s already shopping some of the company’s rooftop solar assets.
The purchase from Blackstone Group LP was announced in July and revisedin December, and SunEdison may have trouble closing the deal if it can’t find a buyer, said Patrick Jobin, a New York-based analyst at Credit Suisse Group AG.