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Saturday, 10/29/2016 6:48:31 AM

Saturday, October 29, 2016 6:48:31 AM

Post# of 36208
The SUNE Canadian Unit bankruptcy is a microcosm of what SUNE has been and will continue to be as it moves forward. The Balance Sheet is untrustworthy, it has negative operating cash flow and it no longer has access to funding. Essentially all of its units (except FW California Holdings), either in or out of bankruptcy, will be sold off or cease operating because they have no cash flow or access to funds. FW California Holdings is the Boston unit that provides all the services to the yieldcos. It will go wherever SUNE's investments in the yieldcos go (IMO).
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