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Re: bleu22 post# 30045

Thursday, 10/27/2016 9:26:06 AM

Thursday, October 27, 2016 9:26:06 AM

Post# of 36208
D.E. Shaw has been playing this game all the way back to its ownership of First Wind. They went thru the same exorcism of consistently bad cash flows when SUNE became their white knight. You do know that SUNE's ownership of the Class B yieldcos shares prohibits their sale, unless converted to Class A shares where they lose 10-to-1 voting rights, and that SUNE must maintain not less 25% ownership at all times? The only way D.E. Shaw gets control of the yieldcos is if they buy SUNE at a economically supportable price and that will not happen under the current SUNE shareholder structure.

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