SunEdison Plummets 40% On “Substantial Bankruptcy Risk” Warning

by Tyler Durden
ZeroHedge.com
03/29/2016

Just as we warned was likely, the once infamous hedge fund hotel US solar company SunEdison unit TerraForm Global said on Tuesday there was “substantial risk” that SunEdison would soon seek bankruptcy protection given liquidity difficulties, noting that “such an action would have a material adverse effect” on TerraForm Global. In 2016 alone, SUNE has collapsed from a hope-strewn $6 price to just 73c this morning…

The Rest…HERE

This entry was posted on Tuesday, March 29th, 2016 at 11:08 am and is filed under Economics, Energy. You can follow any responses to this entry through the RSS 2.0 feed.