SunEdison Buying 50 Megawatts of Solar Capacity From BlueWave


 

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Source: Bloomberg

SunEdison Inc. (SUNE), the best-performing solar company this year, agreed to buy solar projects in Massachusetts with 50 megawatts of capacity from BlueWave Capital LLC.

The sale includes 12 projects that Boston-based BlueWave jointly developed with St. Peters, Missouri-based SunEdison, according to a statement today. Terms weren’t disclosed.

SunEdison is up 69 percent this year, the most in the Bloomberg Industries Global Large Solar Energy Index.

To contact the reporter on this story, email Justin Doom in New York at jdoom1@bloomberg.net

To contact the editor responsible for this story, email Reed Landberg at landberg@bloomberg.net 


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