D.E. Shaw, which has numerous and complex financial ties to TerraForm Power and SunEdison, says it would assume oversight of TerraForm Power’s nearly 3GW portfolio of operating renewables projects, and reorganise the yieldco to help it “re-establish a growth objective”.
The New York-based hedge fund would also give TerraForm Power the right of first offer on some of the projects in its own portfolio and pipeline.
Having
