L R AS Published on Saturday 27 August 2016 - n° 157 - Categories:miscellaneous financial
The two performance companies created by SunEdison fail to prepare their quarterly accounts
Having failed to provide the US stock exchange authorities with the accounting statements at the end of June, the two yield companies created by SunEdison (TerraForm Power and TerraForm Global) are struggling with difficulties due to the interlocking of activities with the bankrupt company, which makes it difficult to draw up accounts. The Nasdaq gives both companies until the end of August to present their accounts, failing which they will be delisted, which would lead to further difficulties for shareholders.
PV Magazine of August 19
