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SunEdison Launches "Yieldco" IPO

Posted by Industry News on Feb 20, 2014

SunEdison has launched yieldco, an IPO aimed at unlocking the true value of its solar assets  and providing leverage as it taps into big capital markets. The terms of the IPO are yet to be determined but it will be an offering of common stock for a new yieldco vehicle. Reports over the past couple of months have suggested that a SunEdison yieldco could raise $300 million. Read more here.