SunEdison Shares Surge In Wake Of Q1’15 Earnings, New Yieldco, Acquisitions



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Clean Technica

In a week with several big-name renewable energy companies releasing their first quarter earnings reports for 2015, SunEdison has outshone them all. Despite only steady Q1’15 results, SunEdison — the world’s largest renewable energy developer — also announced the acquisition of seven renewable energy portfolios in emerging countries, and the intention to form a second yieldco dedicated to emerging markets.

“As we described in our Capital Markets Day in February, SunEdison intends to act quickly to address the opportunity in emerging markets, where the majority of future global electric power infrastructure investments will be deployed,” said Ahmad Chatila, CEO of SunEdison.