Canada’s Brookfield Asset Management has laid out several proposals for taking control of SunEdison’s TerraForm Power, offering to buy the yieldco outright in a deal worth $1.6bn or to take a smaller controlling share and become its sponsor.
Toronto-listed Brookfield – Canada’s largest alternative asset manager, and a major owner of renewables – says it would add $1.00 per share to its offer if it is also allowed to buy sister yieldco TerraForm Global, whose assets are largely based in developing countries like China and Brazil.
Brookfield’s
