Sunedi­son to ter­mi­nate Con­tin­uum pur­chase

Power Watch India - - DESPATCHES FINANCE -

SunEdi­son has de­cided to ter­mi­nate its ac­qui­si­tion of Con­tin­uum Wind En­ergy in In­dia. The Con­tin­uum port­fo­lio con­sisted of 412.5MW of wind projects and, if ac­quired, SunEdi­son in­tended to of­fer them as Call Rights projects to Ter­raForm Global, Inc., its emerg­ing mar­kets yieldco ve­hi­cle. SunEdi­son and the sell­ing share­hold­ers are in am­i­ca­ble dis­cus­sions to com­plete ter­mi­na­tion re­lated doc­u­men­ta­tion.

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