Brookfield Asset Management takes 12.13 percent stake in SunEdison unit

June 29, 2016 6:26 PM

18 0

Brookfield Asset Management Inc (BAMa.TO) reported a 12.13 percent stake in TerraForm Power Inc (TERP.O), one of the two units of bankrupt solar company SunEdison Inc (SUNEQ.PK).

The Canadian asset manager said it acquired 11.1 million Class A common shares of TerraForm with economic exposure to about 24.82 percent shares under swap agreements.

Also read: China's Geely to buy Lotus, take stake in Malaysia's Proton

Read more

To category page

Loading...