Sunedison Inc. (fka SUNEQ)

[FEED_THE_FOXES]

A merger of what? SUNEQ was a company based on a lot of people with industry experience putting together energy projects and access to capital. The people are gone. The projects of any value have been sold. All that is left is a mountain of debt with no collateral. There is nothing to merge with given that the only remaining value is in the yieldcos, which are under a PSA to Brookfield, and that still leaves $billions owed to creditors. This will go away just like Enron did: a whimper.