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Wednesday, 01/11/2017 7:17:52 AM

Wednesday, January 11, 2017 7:17:52 AM

Post# of 36208
Brookfield could scoop up SunEdison yieldcos
Canada's largest alternative-asset manager has submitted proposals regarding its interest in buying the yieldcos of bankrupt solar company SunEdison (OTCPK:SUNEQ).Brookfield Asset Management (NYSE:BAM) would purchase all of TerraForm Power (NASDAQ:TERP) for $11.50 per share in cash, or a total consideration of $1.6B, and may even raise its offer to $12.50 per share if can also buy TerraForm Global (NASDAQ:GLBL).
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