Edison subsidiary to buy 22 Minnesota solar projects from SunEdison

• Edison International (NYSE:EIX) subsidiary SoCore Energy agrees to acquire equity interests in 22 community solar garden development projects in Minnesota as part of SunEdison's (OTCPK:SUNEQ) bankruptcy proceedings.
• The deal was approved today by the U.S. Bankruptcy Court in New York for a total of as much as $79.8M if all projects are completed.
• SoCore says the projects would provide up to 140 MW of solar generated power to meet the growing demand for renewable energy in Minnesota.