SunEdison, Goldman Sachs Team Up On Solar Investment
SunEdison (SUNE) stock rose more than 4% in after-hours trading Monday following the announcement of a $1 billion facility to benefit its yieldco, TerraForm Power (TERP). The company shortly thereafter also announced plans to raise up to $500 million to sell preferred stock that can be perpetually converted to common shares, and SunEdison stock later was up 1.5% after hours. West Street Infrastructure Partners III, an infrastructure fund managed