SunEdison Plans A Second YieldCo, This One For Asia

By | September 29, 2014

Scalper1 News

SunEdison (SUNE) on Monday revealed plans to launch a second “yieldCo” focused on clean power generation in emerging markets in Asia and Africa, sending its stock rising. St. Peters, Mo.-based SunEdison on Monday registered with the SEC for a proposed initial public offering for the yieldCo. Terms haven’t yet been determined, the company said. A “yieldCo” is a spinoff of renewable-energy companies. It is designed to offer a dividend to investors Scalper1 News

Scalper1 News