By Benjamin Horney ( August 29, 2016, 3:47 PM EDT) -- D.E. Shaw & Co. LP may throw its hat in the ring of suitors vying for assets owned by bankrupt U.S. renewable energy titan SunEdison Inc., with Reuters reporting on Sunday that the hedge fund manager is mulling a bid for the company's majority stake in power plant owner TerraForm Power Inc. If D.E. Shaw goes through with an offer, it would be competing with a growing list of interested parties that includes the partnership between Canada's Brookfield Asset Management Inc. and Appaloosa Management LP, as well as Chinese clean energy company Golden Concord Holdings Ltd. D.E. Shaw already owns 6.7 percent of TerraForm Power's common shares, according to the report. TerraForm Power is valued at about $1.6 billion....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
