SunEdison sells its energy projects in Chile

Bankrupt solar developer SunEdison Inc. reached an agreement to sell two of its energy projects in Chile to power company for an undisclosed amount.

SunEdison also signed a 15-year power-supply contract with Colbun, to supply the Chilean energy company with 200 gigawatt hours per year. SunEdison stated that it planned to construct a 100 megawatt solar plant in Chile to supply the energy.

Separately, India-based firm Mahindra Susten has filed a lawsuit against SunEdison’s subsidiaries for their failure to pay Mahindra its dues of INR 46m on a project in India.

Source: Business Standard, Reuters

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