Vortex sells controlling stake in 365MW portfolio in c.£500m transaction
Vortex Energy has completed the sale of its controlling and managing stake in its 365MW portfolio, originally purchased from ex-SunEdison yieldco TerraForm Power.
Articles tagged with: Sunedison
Foresight Solar cashes compensation as it toasts ‘transitionary’ year
Foresight has revealed it recouped around £13 million in compensation for lost production last year as it cast its eyes beyond what it has termed a “transitionary” year for UK solar.
Foresight increases PPA interest as it warns of ‘below expectations’ performance
Foresight Solar Income Fund has significantly bolstered its stake in power purchase agreements, but warned production in 2017 will fall short of expectations.
EFG Hermes lauds optimisation team as ex-SunEdison portfolio exceeds expectations
EFG Hermes has heaped praise on its asset optimisation team after the 365MW former-SunEdison portfolio it acquired earlier this year performed some 25% ahead of expectation.
Ex-Mark Group employees win compensation after legal battle
Over 400 ex-employees of failed energy saving products firm Mark Group have won a court case against their former employer, bringing an end to the almost 18-month legal battle over their treatment.
Foresight’s problems with SunEdison-built assets persist as owner shrugs off underperformance
Foresight Solar Fund has continued to experience serious underperformance issues with SunEdison-built assets that it owns a year after the problems were first made public.
Troubled Norrington Solar Farm left on TerraForm’s books after asset sale
The troubled 11.1MW Norrington Solar Farm is now the sole UK asset left on TerraForm Power’s books after EFG Hermes elected to acquire all other assets in the SunEdison yieldco’s portfolio.
Feature
TerraForm deal closes chapter on SunEdison’s UK market exploits
Finlay Colville, head of market research at Solar Media, discusses today's TerraForm Power deal and takes a look at what it means in broader terms for both the UK market and SunEdison.