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ohhhritchie

09/01/16 2:56 PM

#27165 RE: Top Penny #27159

Top Penny, you believe this even though the article you posted said this...

"Until this most recent news, many in the solar industry were holding out a thread of hope
that bankrupt SunEdison could somehow recover and continue in a diminished but intact capacity.

That does not appear to be the case.

According to a report in SparkSpread, SunEdison’s restructuring agent, Rothschild, is
"soliciting bids for the bankrupt company’s asset portfolio in what is expected to
result in an outright liquidation of the developer."

That's an approximately 4-gigawatt to 5-gigawatt collection of operating and development assets, according to reports.

Assets will be bundled by geography.

SunEdison has not made a final decision on liquidating its portfolio,
according to SparkSpread, but it appears that the renewable energy developer
is unlikely to refinance and re-emerge from this self-inflicted financial implosion. "
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mds3579

09/01/16 8:34 PM

#27182 RE: Top Penny #27159

If they can bring cap ex to very low by using ready to use panels from GTAT and use their expertise in solar development then I think that this will come out good. Because CAPEX to complete projects will be low. If they are giving bonuses to exec then it means that there is chance of survival. if this is a dead cat then why are the spending money on bonuses right?