SunEdison, Inc. (NYSE: SUNE) ("SunEdison"), the largest global renewable energy development company, and Vivint Solar, Inc. (NYSE: VSLR) ("Vivint Solar"), a leading provider of residential solar systems in the United States, have reached an agreement to amend and modify the terms of the definitive merger agreement previously announced on July 20, 2015. In conjunction therewith, SunEdison also announced today that 313 Acquisition LLC ("313 Acquisition"), the vehicle controlled by private equity funds managed by Blackstone (NYSE: BX) ("Blackstone"), has entered into a commitment to provide a $250 million credit facility to fund the ongoing growth of SunEdison. The merger is anticipated to close in the first quarter of 2016... More
MARYLAND HEIGHTS, Mo., LEHI, Utah and BETHESDA, Md., July 20, 2015 /PRNewswire/ -- SunEdison, Inc. (NYSE: SUNE), the world's largest renewable energy development company, Vivint Solar (NYSE: VSLR), a leading provider of residential solar systems in the United States, and TerraForm Power, Inc. (together with its subsidiaries, TerraForm Power) (Nasdaq: TERP), an owner and operator of clean energy power plants, today announced that SunEdison and Vivint Solar have signed a definitive merger agreement pursuant to which SunEdison will acquire Vivint Solar for approximately $2.2 billion, payable in a combination of cash, shares of SunEdison common stock and SunEdison convertible notes... More
Vivint Solar (NYSE: VSLR), a leading provider of residential solar systems in the United States, announced today that it will open new sales and installations offices in New Mexico and Nevada... More
Vivint Solar, a leading provider of residential solar energy systems in the United States, and Brahma Group, a world-class industrial construction, project management and maintenance company, have entered into an agreement for the engineering, procurement and construction (EPC) of clean, renewable solar energy projects for commercial and industrial businesses and organizations across the U.S... More
Vivint Solar, a leading provider of residential solar energy systems in the United States, is announcing that they have entered into their first solar commercial and industrial investment fund to which the investor has committed to invest $150 million, which will allow the company to finance energy efficient commercial and industrial solar projects. This announcement marks the first time that Vivint Solar has expanded its offerings beyond residential solar... More
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