Saturday, April 16, 2016

LIGHTS OUT FOR SUNEDISON

Solar energy company SunEdison Inc is preparing to file for bankruptcy as early as the evening of April 17, nine months after its market value had reached $10 billion. The former darling of Wall Street and the renewable energy sector, whose rapid, debt-fueled expansion with solar and wind energy plants around the world proved unsustainable. The company's market value as of Friday was $117 million.
 
 

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