Deals
SunEdison’s TerraForm Units Both Say They’re Seeking Buyers
- TerraForm Power, TerraForm Global could operate independently
- Yieldcos seeking to resolve outstanding claims with parent
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TerraForm Power Inc. and TerraForm Global Inc., two yieldcos that own wind and solar farms linked to bankrupt SunEdison Inc., are seeking to sell themselves.
The companies, which have yet to file a claim in the Chapter 11 bankruptcy of SunEdison, are working closely with their parent to resolve all inter-company claims, according to statements from both of the TerraForm companies on Monday.