SunEdison Inc. is preparing to file for bankruptcy protection, according to a person familiar with the matter. The move would confirm what the industry has been expecting for months.
The company, the world’s biggest clean-energy business, may file in New York as early as Sunday, according to the person. SunEdison has arranged with first- and second-lien lenders for financing to carry it through bankruptcy reorganization, said the person, who asked not to be identified because the situation is private.
