Security News Highlights

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Share This:Notable Mergers and Acquisitions of the Day 07/03: (SUNE) (QCOM) (LULU) (RAI)/(LO) 10:19 AM ET, 07/03/2014 – Street Insider SunEdison (NYSE: SUNE) completed its acquisition of a 50% ownership stake in Silver Ridge Power, LLC (“SRP”) from a subsidiary of The AES Corporation (NYSE: AES) for approximately $178.6 million in cash, after giving effect to certain pre-closing adjustments to the initial purchase price pursuant to the provisions of the acquisition agreement. Through its ownership in the SRP joint venture, SunEdison now owns a 50% interest in (i) 336 MW of solar power plant operating projects, including the 266 MW Mt. Signal

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