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SunEdison Cash Reserves Shrinking Amid Lawsuits, Canceled Deal

  • Vivint lawsuit poses threat to SunEdison's liquidity
  • Hawaii cancelation `raises the question' about business model
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SunEdison Inc. is burning through its cash.

The world’s biggest clean-power developer was expected to have about $1.2 billion at the start of the year, an amount that may drop to $270 million if a pending court case doesn’t go its way, according to an estimate by Patrick Jobin, an analyst at Credit Suisse Group AG.