Yieldco meltdown
NYSE Bloomberg Solar Energy Index: Sentiment sours on yieldcos, pulling down index performance. Chinese constituents offset performance from Western peers.
The NYSE Bloomberg Solar Index slid another 6% in September with the majority of U.S. traded stocks in the red. Constituents traded on Asian exchanges offset weak performances from their western peers. U.S.-traded stocks were weighed down by weakening investor sentiment in the yieldco group where investors were spooked by the combination of a flood …
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