SunEdison's Filing Leaves the Renewable Energy Industry Unfazed
- Bankrupt company's buying spree wasn't replicated elsewhere
- Ecotricity buys SunEdison's U.K. solar rooftop business
SunEdison Files for Bankruptcy After Buying Binge
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Renewable energy companies distanced themselves from the collapse of SunEdison Inc., saying the largest U.S. bankruptcy this year won’t harm the industry.
The world’s biggest developer of clean-energy projects sought protection from creditors after racking up $16.1 billion of liabilities following a $3.1 billion expansion spree that spooked investors and industry partners.