SunEdison To Explore Possible Monetization Of Its Class B Shares In Publicly Traded YieldCos
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SunEdison , said recentlythat it will be working collaboratively with TerraForm Power and TerraForm Global to explore value creation options for SunEdison’s controlling Class B shares in both companies. This initiative will be conducted through a jointly managed sales process and accompanying marketing protocol.
John S. Dubel, CEO of SunEdison, said: “This is a collaborative undertaking, marking the next step in SunEdison’s chapter 11 process as we explore restructuring options including whether to monetize our interests in TerraForm Power and TerraForm Global.”
