TerraForm Power, an owner and operator of clean energy power plants, and SunEdison, currently the world’s largest renewable energy development company, recently announced that TerraForm Power has signed a definitive agreement to acquire net ownership of 930 megawatts (MW) of wind power plants from Invenergy Wind LLC, the largest independent wind owner in the United…
GE inks deal with TerraForm Global to boost international wind growth
GE’s renewable energy business announced a $25-million investment in TerraForm Global. TerraForm is a dividend growth-oriented company, or yieldco, formed by SunEdison to own and operate contracted renewable power generation assets in attractive, high-growth emerging markets. “This investment is about driving continued global growth for renewable power,” said Anne McEntee, president & CEO of GE’s…
Vaisala supports SunEdison and TerraForm in $2.4B First Wind acquisition
Vaisala, a global leader in environmental and industrial measurement, played a critical role in supporting SunEdison and its power-plant holding company, TerraForm Power, in the $2.4 billion purchase of First Wind Holdings in late 2014. Prior to the acquisition of a large number of assets in any industry, it is imperative that the value of…