Sunedison Inc. (fka SUNEQ)

[BayTrader280]

Please Help Me Do the Math and Understand:

So SUNEQ is selling India Assets for $260M, some cash some debt relieved.... But this is for 1.4GW and $1.3B - where is the $1.3B going, I assume to payoff some bilk of the debt load?

Also NRG proposing to buy 2.1GW for $188M? This should be somewhere around $1.7B, am I right?

So now $1.3B and hopefully $1.7B from NRG bids = $3B
Then auction the YieldCos shares for another Billion (conservative)
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Won't this put us at a conservative $4b? This significantly reduces the debt and if they can sell more assets to get another Billion, then they are on their way.

I understand VSLR want a Billion too......

Anyways not looking too good but if SUNEQ can reduce the debt to as close to $1B as possible then this may open up possible options for a white knight to come in and bid for the company outright. I know this is somewhat of a dream but it may be SUNE's only option out of this mess.