TerraForm Global Inc (NASDAQ:GLBL), a clean energy power plants operator, has reached a deal to be bought by Brookfield Asset Management Inc (NYSE:BAM). Brookfield mainly specializes in alternative asset management. Brookfield will buy off TerraForm at a total cost of around $787 million in cash and inherit a debt of around $455 million. Following the […]
TerraForm Global Inc. (NASDAQ:GLBL)
Sunedison Inc (OTCMKTS:SUNEQ) Initiates Negotiations With TerraForm Power Inc (NASDAQ:TERP), As, It Prepares For Asset Auction
Sunedison Inc (OTCMKTS:SUNEQ) is reported to be conducting negotiations with TerraForm Power Inc (NASDAQ:TERP) and its parent TerraForm Global Inc. (NASDAQ:GLBL). The company has a controlling stake in TERP, which it is reluctant to liquidate as part of its reorganization process. Currently, representatives from SUNEQ are conducting talks with the creditors, so as to evaluate […]
