SunEdison Q1 Misses; Stock Up On 2nd Yieldco Filing

By | May 7, 2015

Scalper1 News

SunEdison (SUNE) early Thursday reported Q1 earnings and revenue that missed Wall Street estimates, but its stock was up as the company delivered more megawatts and announced that its second yield company filed for an initial public offering. SunEdison announced that new “yieldco” TerraForm Global, which will own and operate some of SunEdison’s power plants in emerging markets, has filed with the U.S. Securities and Exchange Commission for an Scalper1 News

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