"Appaloosa asked for a halt on the deal, on the grounds it threatened to plunge TerraForm into financial trouble, sacrificing it to serve SunEdison's interests. SunEdison has run up a pile of debt that topped $11 billion as of the end of the third quarter last year, and Appaloosa and other investors believe TerraForm needs protection from the financially desperate solar power developer."
Write to Peg Brickley at peg.brickley@wsj.com
(END) Dow Jones Newswires
February 25, 2016 19:13 ET (00:13 GMT)