M&A transaction. Terraform has cash and shares.
TerraForm acquires PV projects totaling 30 MW from Just Energy Group |
10.10.2014: Renewable energy investment firm TerraForm Power, which is majority owned by US solar developer and producer SunEdison, has agreed to acquire Hudson Energy Solar Corp. from US green energy retailer Just Energy Group Inc. for $35 million. Hudson Energy owns 25.5 MW of operational PV power plants and 4.5 MW PV projects under developerment. The projects under development will be acquired by SunEdison and added to TerraForm Power's call right project list. The company did not provide details about the individual projects. © PHOTON http://www.terraform.com http://ir.terraform.com/phoenix.zhtml?c=253464&p=irol-newsArticle&ID=1
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Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
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