SunWorks Inc (SUNWQ)

[markp1950]

Shares of Sunedison Inc (NYSE: SUNE) were up more than 7 percent in Thursday’s after-hours session after the company announced that, through its partnership with JPMorgan Chase & Co. (NYSE: JPM) and Terra Nova Renewable Partners, it had acquired the Bingham and Oakfield wind farm assets (accounting for 333 megawatts of wind-power) for $209 million in equity.

Sunedison CEO Brian Wuebbels , "This transaction represents good value for SunEdison's shareholders and enhances our financial strength and flexibility (...) Terra Nova's purchase is representative of the strong demand we've seen for ownership of SunEdison's attractive renewable energy assets."

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.