SunEdison's TerraForm Power opts for poison pill to fend off Brookfield

TerraForm Power has adopted a poison pill to block the accumulation of its shares by Brookfield Asset Management, following confirmation by SunEdison that it may sell its controlling Class B shares in both of its yieldcos.

SunEdison aimed to feed its yieldcos with projects from its huge global development machine
SunEdison aimed to feed its yieldcos with projects from its huge global development machine
Published 25 July 2016, 15:40Updated 25 October 2016, 16:00