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SunEdison Faces Lawsuits, Cash Crunch After Vivint Cancels Deal

  • Biggest clean-power developer announced Vivint deal in July
  • Vivint sues SunEdison in Delaware over failed acquisition
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In the short term, SunEdison Inc. investors may be relieved that the company’s troubled deal to buy Vivint Solar Inc. finally fell apart. That feeling is unlikely to last.

SunEdison climbed Tuesday after Vivint canceled the $1.9 billion acquisition. The world’s biggest developer of clean-energy projects still faces liquidity issues, and Vivint is suing for damages.