Flexible Electronics News

SunEdison, TerraForm Power to Acquire Vivint Solar for $2.2 Billion

Accelerates SunEdison’s expansion to become leading global residential and commercial solar provider.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

SunEdison, Inc., Vivint Solar, a leading provider of residential solar systems in the U.S., and TerraForm Power, Inc. announced that SunEdison and Vivint Solar have signed a definitive merger agreement pursuant to which SunEdison will acquire Vivint Solar for approximately $2.2 billion, payable in a combination of cash, shares of SunEdison common stock and SunEdison convertible notes. In connection with SunEdison’s proposed acquisition of Vivint Solar, SunEdison, the world’s largest renewable...

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