News of the two acquisitions came as US industrial group and wind turbine OEM GE said it will become a $25m investor in TerraForm Global, the second yieldco set up by SunEdison to focus on global growth markets.
Confirmation of SunEdison’s swoop for Morgan Stanley-backed Continuum, which was the subject of reports earlier this month, will see the US group take control of a 242MW (AC) operating portfolio of Maharashtra and Gujarat states, 170MW under construction in Madhya Pradesh, and a 1GW-plus development pipeline across the country.
The
