TERP downgraded as hedge fund begins investigation
TerraForm Power (TERP) has been downgraded further into junk territory by Standard & Poor's, following a number of "aggressively" leveraged acquisitions.
Industry and investors welcome extension of US solar tax credits
Shares in US solar energy companies have soared on news that the investment tax credit (ITC) is to be extended for three years at the current level of 30%.
EF BRIEFS: Trucost, NY Green Bank, Yes Bank, Abengoa Yield, SunEdison, RWE, Samsung
German utility RWE has got the go-ahead to spin off a renewable energy subsidiary, which will be floated late next year.
SunEdison sweetens Vivint deal with $123m of savings
SunEdison has revised the terms of its much-criticised $2.2 billion acquisition of Vivint Solar, in a move that has been well received by shareholders.
SunEdison may face legal action over Vivint
Billionaire investor David Tepper has compounded a tough couple of months for SunEdison's management with a threat of legal action and raised his stake in its yieldco subsidiary TerraForm Power (TERP) to 9.7%.
EF BRIEFS: SunEdison, Generation IM, EDC, Kingfisher, RWE, Drax
India is planning to launch a $1 billion private equity fund to invest in its domestic renewable energy sector, according to the country's energy minister, Piyush Goyal.
Profile: Ben Goldsmith/Menhaden Capital
Ben Goldsmith explains why his new fund, Menhaden Capital, is investing in energy and resource efficiency - and why it's named after a fish. Sophie Robinson-Tillett reports
SunEdison share price plunges 27% on Q3 results
US renewables giant SunEdison saw its shares plunge 27% from $7.88 to $5.71 on the back of mixed results in its third quarter earnings, released yesterday.
TerraForm Power ups size of planned green bond to $250m
Yieldco TerraForm Power (TERP) has increased the proposed size of a green bond it announced in July to $250 million, up from $200 million.
A round-up of the latest new appointments and moves in the industry, including changes at SunEdison, PRI, UKSIF, MSCI and EY.