insolvency

Material changes to the UK peak power and capacity markets sector has resulted in 3 major reserve power facilities becoming insolvent. As a result, 44MW of standby power generator assets are available for sale either in-situ, to take advantage of STOR, FFR and future capacity markets, or piecemeal for removal. Dan Hurd of Ernst Young, […]

Two renewables giants with a hefty global reach are facing debilitating financial crises. SunEdison on the Verge of Bankruptcy California-headquartered solar project developer SunEdison, a company that has 1,000 operational sites worldwide and is staffed by 3,000 employees, is facing a liquidity crisis so dire, the company’s yieldco TerraForm Global warned in a March 29 […]