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Apr

21

SunEdison Files for Bankruptcy Protection

By Tony Seruga

Workers clean solar panels outside Ahmedabad, India, that were installed under the guidance of SunEdison. The company aspired to be the world’s leading renewable energy business.CreditSam Panthaky/Agence France-Presse — Getty Images

SunEdison, which started out making chemicals and components for solar modules but grew into a giant of renewable energy, has filed for bankruptcy protection, the company said on Thursday. The filing, under Chapter 11 in the Southern District of New York, brings to an end the company’s ambition to become the world’s leading renewable energy development business.

Although some of its subsidiaries were included in the filing, it said,TerraForm Power and TerraForm Global, its publicly traded units known as yieldcos, were not…

SunEdison Files for Bankruptcy Protection

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