real-time news and commentary for investors
Tuesday, Sep 10
SunEdison obtains $212.5M in financing for 100MW solar plant
- SunEdison (SUNE +4.5%) is receiving the funds from a World Bank unit and the U.S. government's development finance arm. They'll be used to create a 100MW plant in Chile's Atacama Desert.. Construction began in August, and is expected to be finished in Q1 2014. (PR)
- The announcement comes a day after SunEdison filed for a $250M IPO for its semiconductor wafer ops.