Still calling itself the “largest global renewable energy development company” and touting the advantages of scale, loss-making SunEdison says it will “optimize” its business operations after its recent frenzy of growth and acquisitions, and attempt to become cash flow positive more quickly.
The US-based company will focus on “core, high profit-potential” markets – specifically citing the US, India, China and Latin America.
Frenzy ends as SunEdison pledges tighter focus
Responding to several months of brutal declines in its stock price, SunEdison on Monday said it will take a number of steps to improve its financial position, including cutting jobs and tightening its focus.
5 October 2015 14:11 GMT
Updated
28 September 2016 9:25 GMT
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