Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Investing

SOLAR ENERGY CO. SUNEDISON BUYING WIND POWER CO.

SOLAR ENERGY CO. SUNEDISON BUYING WIND POWER CO.

The Associated Press

Solar energy company SunEdison is adding some wind-fueled power to its business with a deal worth up to $2.4 billion.

The St. Peters, Missouri-based company and its publicly traded subsidiary, TerraForm Power Inc., say they are buying First Wind for $1.9 billion now and $510 million in payments if First Wind completes certain projects.

First Wind is a Boston-based independent energy company operating or building projects in the Northeast, West and Hawaii.

The deal is expected to close in the first quarter.

SunEdison Inc. develops and operates solar power plants. Its shares are up 8 percent to $17.95 in after-hours trading. TerraForm’s shares gained 1.2 percent to $26.15.

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post