Replies to post #6864 on Sunedison Inc. (fka SUNEQ)

[BlackSnake1]

The patents they hold could be sold for more than they owe. People keep forgetting this point. Plus, with the shredded price so cheap, these billionaires can just buy up most of the shares, then cancel some shares sending this rocketing way higher!!! Remember, a billionaire's credit rating can do crazy things with repayment of debt!! Also, oil is being sold super cheap for market share because that market is shrinking with new storage tech for solar market. Ten years from now oil will have less demand and same supply. Only a war will make prices of oil go up much higher. To much debt and not enough workers. Go SUNE!!!! IMHO

[sprtcrdlui]

SUNE Has Plenty Assets and Sold Japan $80 million

The tumultuous past few months for U.S. renewable energy developer SunEdison look set to continue long into February following the news that the firm has sold its Japanese arm and is currently seeking the "least bad" option in its attempts to close its controversial acquisition of U.S. residential solar company Vivint Solar. This week, Thai oil company Bangchak Petroleum snapped up SunEdison Japan Corporation, SunEdison Japan Debt Financing Pte Ltd, and SunEdison TK Invester Pte Ltd for JPY 9.63 billion ($80 million). The acquisition comprises a 198 MW solar PV portfolio in Japan and has been driven by SunEdison's need to improve its balance sheet after a chastening 2015 that saw the company's workforce diminish by around 15%. SunEdison's 2015 shopping spree ...



TRANSLATIONNo.
10000/006/2016
February 1, 2016
Subject : The Acquisition of Solar Power Plant Business in Japan
Attention : President of the Stock Exchange of Thailand
The Bangchak Petroleum Public Company Limited (“The Company”) would like to inform
that BCPG Company Limited (“BCPG”), which is a subsidiary of The Company, has signed Purchase
and Sale Agreement with SunEdison International, LLC. (“SEI”) and SunEdison Energy Holding
(Singapore) Pte. Ltd. (“SEH") to acquire the entire solar power business of SunEdison in Japan by
acquiring all the outstanding shares of SunEdison Japan Corporation (“SEJ”), SunEdison Japan Debt
Financing Pte. Ltd. (“SEDF”) and SunEdison TK Investor 1 Pte. Ltd. (“SETK”). The transaction is
in accordance with The Company’s Board of Directors Meeting No. 1/2016 on January 26, 2016.
The transaction details as follows:
1. Transaction Date Signed Purchase and Sale Agreement on January 29, 2016
with Condition Precedents
2. Involved Parties
Purchaser BCPG
Seller SEI and SEH
Relationship The seller is not a Connected Person to the Company.
3. General Features of Transaction
Type of Transaction Purchase the entire solar power plant business of SunEdison in
Japan within the budget of JPY 9,626 million (equivalent to
THB 2,915 million1) with total capacity of 198 Megawatts
portfolio including:
o Plants in operation with a total capacity of 13
Megawatts
o Plants Under Construction with total a total capacity of
27 Megawatts
o Projects Under Development with a total capacity of up
to 158 Megawatts
4. The Purchased Asset Details as of December 31, 2015 (Unaudited Financial Information)
4.1 Company name SunEdison Japan Corporation
Capital JPY 489 million (equivalent to THB 148 million)
Type of Business Develop, operate, construct, and manage investments in
solar power plants in Japan with up to 185 Megawatts under
development

[sprtcrdlui]

SUNE list of Subsidiaries This is not all of them

SUNE has more Subsidiaries , that are not listed here. Some of the Ones listed here are sold . SUNE buys and Sells Solar Companies and Projects all the Time. As SUNE continues to expand,.