SunEdison, Goldman Agree to Form $1 Billion Clean-Power Fund

Lock
This article is for subscribers only.

SunEdison Inc. is getting $1 billion in cash and loans to build and buy clean power plants.

The world’s biggest renewable-energy developer is forming an investment vehicle with a Goldman Sachs Group Inc.-managed fund, according to a statementBloomberg Terminal Monday. SunEdison shares surged after the close of regular trading in New York.