SunEdison & First Reserve To Fund US $1.5B of Solar

Published: 2010-05-25

Maryland, United States –SunEdison announced an agreement with First Reserve Corporation to establish a joint venture which could provide for the acquisition of up to US $1.5 billion in current and future SunEdison solar photovoltaic energy projects.

Power generated by the projects will be sold pursuant to long-term power purchase agreements or feed-in tariff arrangements.

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