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SunEdison raises $403 Million for wind and solar

Wednesday, June 17, 2015

SunEdison, the best-performing U.S. solar company, raised $402.5 million to help buy renewable energy plants in emerging markets, and then purchased more than 2 gigawatts of wind and solar projects in Central America and Asia.

The company agreed to buy the Central American developer Globeleq Mesoamerica Energy, which owns 325 megawatts of operating wind and solar farms and another 326 megawatts of projects in development.

Source: Bloomberg