SunEdison launches IPO for Emerging Markets Yield Vehicle
SunEdison, Inc. has announced that it confidentially submitted a draft registration statement on Form S-1 to the United States Securities and Exchange Commission (SEC) relating to an initial public offering (IPO) of the common stock of a yieldco vehicle.
SunEdison Emerging Markets Yield Vehicle will be focused on contracted clean power generation assets in attractive, high growth, emerging markets, primarily in Asia (excluding Japan) and Africa.
The number of shares of common stock to be sold and the price range for the proposed offering has not yet been determined. The IPO is expected to commence after the SEC completes its review process, subject to market and other conditions.
SunEdison is a global leader in transforming how energy is generated, distributed and owned. SunEdison manufactures solar technology and develops, finances, installs and operates distributed solar power plants, delivering predictably priced electricity and services to its residential, commercial, government and utility customers.
Last week we reported another IPO related to the energy sector in the USA. CONE Midstream Partners LP, a Delaware limited partnership formed by CONSOL Energy Inc. and Noble Energy, Inc., had announced its IPO. CONE Midstream Partners will own, operate, develop and acquire natural gas gathering and other midstream energy assets.
Country news
-
-
October 06, 2014
Starwood Energy acquires natural gas combined cycle facility in Texas
Starwood Energy Group Global, LLC, the energy focused private equity firm, announced in late September that an affiliate has entered into an agreement with affiliates of Exelon Corp. to acquire a natural gas combined cycle electric power generating facility in Odessa, Texas. Read more -
October 08, 2014
Trafigura AG completes sale of majority stake in South Texas assets
Trafigura AG has successfully completed the sale of 80 percent of its membership interests in Trafigura Terminals LLC, the entity which holds its South Texas midstream assets (USA), to Buckeye Partners, L.P. Read more -
October 08, 2014
Capital Dynamics and Prudential sign financing for 300 MW Texas wind farm
Capital Dynamics, a global private asset manager, and Prudential Capital Group announced on Monday the financial closing of the first phase of a 300-megawatt (MW) onshore wind project in Texas, USA (Green Pastures). Read more -
October 08, 2014
KKR acquires oil & gas properties in the U.S.
KKR has signed a definitive agreement to acquire certain oil and gas properties in Ector and Midland Counties of the Permian Basin (USA) from Linn Energy, LLC for US$350 million. Read more -
October 09, 2014
US DoE plans presidential permit for Champlain Hudson transmission
Transmission Developers Inc., a Blackstone portfolio company, has announced that the United States Department of Energy (DOE) has issued a Presidential Permit for the Champlain Hudson Power Express a 1,000MW buried transmission line that will connect New York City and Quebec. Read more
