SunEdison's two yieldcos exploring strategic options, including sale
TerraForm Global Inc and TerraForm Power Inc , the "yieldcos" of bankrupt solar company SunEdison Inc, said on Monday that they were exploring strategic alternatives, including a sale of their entire business.
The yieldcos were not part of SunEdison's bankruptcy in April and said at the tine that they had sufficient liquidity to operate and that their assets were not available to satisfy the claims of SunEdison creditors.
(Story corrects SunEdison spelling in first paragraph.)
(Reporting by Arathy S Nair in Bengaluru; Editing by Savio D'Souza)