SunEdison and TerraForm Power Sign Definitive Agreement to Acquire First Wind for $2.4 Billion
Submitted by aburr on Thu, 2014-11-20 13:00SunEdison and TerraForm Power signed a definitive agreement to acquire First Wind for $2.4 billion. SunEdison will purchase over 1.6 GW of pipeline and backlog projects, which have been added to TerraForm Power's call right project list and are expected to be operational in 2016-2017. Included in the transaction is an additional 6.4 GW of project development opportunities.