Canada’s Brookfield Asset Management has emerged as a leading contender to acquire both TerraForm Global and TerraForm Power, the renewables yieldcos spawned by bankrupt SunEdison.
Toronto-based Brookfield, already the largest holder of Class A shares in TerraForm Power, the more valuable of the two, says it met with representatives of the boards of both publicly-traded yieldcos to consider a potential deal, according to a filing to the US Securities and Exchange Commission today.
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