Sunedison Inc. (fka SUNEQ)

[FEED_THE_FOXES]

SUNE has filed for another extension (Docket 1492) for exclusivity to reorganize until Feb 15, 2017. They report that they have agreed to 19 sales for $609MM in gross proceeds which includes sale of the entire solar materials business and their platforms in India, Latin America, Honduras and South Africa. U.S. sales include all the stalking horse agreements. They now need the extension to best determine how best to monetize the value of their yieldcos. It should be noted that SUNE stated in the filing that they successfully rebuffed establishment of an equity committee as it is unnecessary at this time.