Right now, it looks like SunEdison is looking to raise as much cash as possible to exit bankruptcy. The company is now in negotiations with hedge fund DE Shaw over its 150 MW Californian solar plant. The price looks to be around $80 million. SunEdison is also selling the rights to the King Pine Wind project in Maine to Pattern Energy. SunEdison expects to get about $26.5 million for this project.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.