SunEdison to Sell 202 Megawatts of Solar to Chile's Colbunby and
SunEdison Inc., the clean-energy giant that filed for bankruptcy protection last week, agreed to sell 202 megawatts of solar projects in Chile to power generator Colbun SA.
The Olmué solar development in the Valparaiso region has 145 megawatts of capacity, while the Santa Sofia solar project in the Metropolitan region has 57 megawatts, according to a statement Tuesday from Santiago-based Colbun. Both are under construction and no price was disclosed.
SunEdison on Thursday listed $16.1 billion of debt in Chapter 11 filings in Manhattan federal court, making it the biggest U.S. bankruptcy in more than a year. Closely held Ecotricity Group Ltd. announced last week that it had bought SunEdison’s British rooftop solar business.
SunEdison also agreed to transfer contracts to Colbun to supply third parties with 350 gigawatt-hours per year over 15 years and to supply Colbun with 200 GWh of solar energy a year over the same period.
Ben Harborne, a SunEdison spokesman, didn’t immediately respond to an e-mailed inquiry for comment.