SunEdison to Delay Filing 2015 Results Amid Internal InquiryWill Wade
SunEdison Inc., the struggling renewable-energy developer, won’t release its financial results for 2015 on time.
The company announced the delay in a regulatory filing Monday.
The delay was due to several factors, including an internal inquiry that began late last year “based on allegations made by former executives” related to the accuracy of the company’s financial status.
The company is evaluating the assertions, and may be required to reassess its liquidity position, according to the filing.