Terra Nova Renewable Partners, A Partnership Between SunEdison And Clients Advised By J.P. Morgan Asset Management – Global Real Assets, Buys 33 Percent Stake in 336 Megawatt DC Solar Portfolio from Dominion
Terra Nova Renewable Partners, A Partnership Between SunEdison And Clients Advised By J.P. Morgan Asset Management – Global Real Assets, Buys 33 Percent Stake in 336 Megawatt DC Solar Portfolio from Dominion — Terra Nova Renewable Partners acquires 33 percent stake for an equity purchase price of $180 million plus a working capital adjustment — SunEdison has the option to purchase the assets held by the partnership within five years — The partnership, through an indirect subsidiary, has the option to purchase Dominion’s remaining 67 percent interest upon the occurrence of certain triggering events PR Newswire MARYLAND HEIGHTS, Mo., Dec. […]