Sunedison Inc (SUNE) Seals $2.2 Billion Deal To Acquire Vivint Solar Inc (VSLR)Mani
Sunedison Inc (SUNE) and its unit TerraForm Power Inc. (TERP) unveiled Monday their decision to acquire Vivint Solar Inc. (VLSR), in a deal valued at about $2.2 billion, including debt, to expand in U.S. residential and commercial solar rooftops.
In line with today’s announcement, SunEdison also initiated 2016 annual guidance of 4,200 MW to 4,500 MW, a 50% increase from its prior outlook of 2,800 MW to 3,000 MW.
SunEdison to acquire Vivint at 51% premium
SunEdison’s decision to acquire Vivint Solar exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
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