Audacity618

Upper Channel Pop

NYSE:SUNE   SUNEDISON INC
103 0 0
Potential Bearish Butterfly formation as Sune             once again pops out of its upper channel...

SunEdison Inc             . up ~9% following news its “yieldco” subsidiary has filed for an initial public offering.

TerraForm Power will own and operate clean-power plants and other assets acquired from SunEdison             .

Several solar companies are looking into bundling existing solar-power plants and projects into subsidiaries, known in the industry as “yieldcos.”

Revenues would flow from long-term, predictable power purchase agreements with utilities, and shares of the yieldcos would trade in stock exchanges just like any stock , providing liquidity and transparency.

(source: http://www.marketwatch.com/story/sunedison-up-9-on-yieldco-ipo-news-2014-05-29?siteid=yhoof2 )
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out