SWFI First Read, April 3, 2016

SunEdison Plans to File for Bankruptcy Protection

The once darling of hedge funds and other institutional investors, solar-energy company SunEdison Inc., plans to file for bankruptcy protection in future weeks. SunEdison became one of the largest developers of renewable power plants in the United States by taking advantage of cheap funding and financial engineering by utilizing yieldcos. In July 2016, SunEdison had a market capitalization approaching US$ 10 billion. As of April 1, 2016, the market capitalization dwindled down to US$ 136 million.

Øystein Olsen Seeks to Apply for 2nd Term as Norges Bank Governor

[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]

Contact the writer or creator of this article or page.
Questions or comments: support(at)swfinstitute(dot)org
Follow on Twitter at @swfinstitute and @sovereignfunds
Learn, Attend and Network: Institutional Investor Events and Summits
Go Back: HOME: Sovereign Wealth Fund Institute

institutional investor investment mandates