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Shareholder vote puts Brookfield closer to TerraForm Global acquisition

Settlement of securities lawsuits is the final step before the Canadian asset manager can consummate the acquisition of the second of SunEdison’s former yieldcos.

Court approves TerraForm Power, Global settlements with SunEdison

The rulings help clear the way for Brookfield’s acquisition of the two yieldcos, and close a long and difficult chapter in the story of the three companies.

TerraForm Global releases overdue Q2 2016 results

The move is a step toward regaining regulatory compliance, in advance of a potential purchase by Brookfield.

TerraForm Power, Global get serious with Brookfield

The two yieldcos have entered into an exclusive agreement with Brookfield towards a purchase of the company, and entered into an MOU with SunEdison towards settling lawsuits to enable this sale.

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