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Last $25.27 USD
Change Today -0.28 / -1.10%
Volume 7.0M
SUNE On Other Exchanges
Symbol
Exchange
New York
Mexico
Frankfurt
As of 1:03 PM 07/30/15 All times are local (Market data is delayed by at least 15 minutes).

sunedison inc (SUNE) Snapshot

Open
$25.45
Previous Close
$25.55
Day High
$25.80
Day Low
$24.86
52 Week High
07/20/15 - $33.45
52 Week Low
10/14/14 - $13.09
Market Cap
7.9B
Average Volume 10 Days
14.1M
EPS TTM
$-3.14
Shares Outstanding
313.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for SUNEDISON INC (SUNE)

sunedison inc (SUNE) Related Businessweek News

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sunedison inc (SUNE) Details

SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials. The Solar Energy segment provides solar energy services that integrate the design, installation, financing, monitoring, operations, and maintenance portions of the downstream solar market. It also manufactures polysilicon, silicon wafers, and solar modules. As of December 31, 2014, this segment had interconnected approximately 974 solar power systems representing 2.35 gigawatts of solar energy generating capacity. The TerraForm Power Segment owns and operates clean power generation assets that sell electricity through long-term power purchase agreements to utility, commercial, and residential customers. The Semiconductor Materials segment manufactures and sells silicon wafers to the semiconductor industry, such as prime and test/monitor wafers; polished wafers for various applications, including memory, analog, RF devices, digital signal processors, and power devices; EPI wafers; and silicon-on-insulator wafers that enhances switching speeds and the performance of RF devices, such as power amplifiers, switches, and sensors. Its wafers are used as starting materials for the manufacture of various types of semiconductor devices, including microprocessor, memory, logic, and power devices. SunEdison, Inc. serves semiconductor device manufacturers, including the memory, microprocessor, and ASIC manufacturers; foundries; national retail chains and real estate property management firms; federal, state, and municipal governments; and utilities. It markets its products and services primarily through a direct sales force, as well as local or regional solar channel partners. The company was formerly known as MEMC Electronic Materials, Inc. and changed its name to SunEdison, Inc. in May 2013. SunEdison, Inc. was founded in 1984 and is headquartered in Maryland Heights, Missouri.

7,260 Employees
Last Reported Date: 03/2/15
Founded in 1984

sunedison inc (SUNE) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $836.5K
Chief Financial Officer, Chief Administration...
Total Annual Compensation: $466.7K
Chief Executive Officer of Sunedison Semicond...
Total Annual Compensation: $516.4K
Chief Executive Officer of TerraForm Power In...
Total Annual Compensation: $500.0K
Senior Vice President of Solar Materials
Total Annual Compensation: $381.9K
Compensation as of Fiscal Year 2014.

sunedison inc (SUNE) Key Developments

SunEdison Starts Construction of a 110-Megawatt Solar Energy Plant in the Metropolitan Region of Chile

SunEdison, Inc. announced that it has secured financing and started construction on the 110-megawatt (MW) DC Quilapilun solar power plant in the Metropolitan Region of Chile. Once completed, the power plant will be SunEdison's first solar project in Santiago and is expected to be its large solar project in Latin America. The energy produced by the solar plant is expected to be sold to the regulated market through long-term power purchase agreements with local electricity suppliers. The energy will supply the Sistema Interconectado Central (SIC) as part of the 570 gigawatt hour (GWh) contract awarded to SunEdison by the Chilean National Energy Commission in December, 2014. Concurrently, SunEdison closed a $160 million USD long-term, non-recourse debt financing arrangement for the project with CorpBanca. The financing will be used to fund the development, construction, and operation of the project. CorpBanca and DNB acted as mandated lead arrangers, underwriters and hedge providers of the project financing. CorpBanca, who is the administrative and onshore collateral agent, will also provide a Chilean Peso VAT facility. The Quilapilun solar plant is expected to generate 242 GWh of electricity a year, enough to power 117,000 homes, and should eliminate the emission of more than 125,000 tons of carbon dioxide per year, the equivalent of removing 28,000 cars from Chilean roads.

SunEdison, Inc. Signs Long-Term Power Purchase Agreement with Tata Power Delhi Distribution Limited

SunEdison, Inc. announced that it has signed a long-term power purchase agreement with Tata Power Delhi Distribution Limited (TPDDL) to provide 180 megawatts (MW) AC of utility-scale solar power for the people of New Delhi. TPDDL provides power to over 6 million people in India's capital city. SunEdison has signed under the open access solar framework, which allows renewable energy providers to sell energy directly through the national grid to end customers. The solar power plants for this project will be built in Madhya Pradesh and are expected to supply TPDDL with electricity over the next 20 years. The plants are projected to generate 375,000 megawatt-hours a year, and eliminate the emission of approximately 300,000 metric tons of carbon dioxide per year, equivalent to taking more than 54,000 cars off the road. The operation and maintenance of the solar power plants will be performed by SunEdison Services, which provides 24/7 asset management, monitoring and reporting services.

SunEdison To List Indian Renewable Assets On Nasdaq

SunEdison, Inc. (NYSE:SUNE) will list its Indian assets on Nasdaq. Of the $500 million it plans to raise through TerraForm Global, Inc. for renewable assets of non-OECD countries, Indian projects are 20% or around 250 Mw. “Our parent company SunEdison is a listed entity and now we have formed two vehicles to be listed - OECD and non-OECD assets which is also called TerraForm Global owned by us. India assets worth 1.3 Gw have been identified for same – 250 Mw will be part of listing and remaining would be part of call rights given to holding company,” said Pashupathy Gopalan, President and Managing Director (Asia Pacific). The company in its securities statement for Initial Public Offering (IPO) in NASDAQ said, “TerraForm Global plans to sell about 56.6 million shares for between $19 and $21 a share. SunEdison will hold all the Class B shares in TerraForm." “We will develop, own and operate assets in wind, solar and even small hydro in the range of 15.2 Gw by 2022,” said Gopalan.

 

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Price/Sales 2.9x
Price/Book 59.8x
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