SunEdison, TerraForm To Buy First Wind; Shares Soar

By | November 18, 2014

Scalper1 News

SunEdison (SUNE) and TerraForm Power announced late Monday a deal to pay up to $2.4 billion to acquire wind energy company First Wind, sending shares of SunEdison and TerraForm Power soaring on Tuesday. SunEdison stock was up 24% in midday trading in the stock market today, near 20.50. TerraForm Power (TERP) stock was up 29%, at a four-month high above 33. St. Peters, Mo.-based SunEdison develops and operates utility-scale solar power plants and Scalper1 News

Scalper1 News