SunEdison Closes 161 Million Dollar Financing Round

Six Investment Partners Participate in Solar Energy Services Provider's Equity and Debt Financings

by Staff Writers
Beltsville MD (SPX) May 29, 2008
SunEdison, North America's largest solar energy services provider, today announced that it has closed $131 million of private equity and $30 million of debt financing with new and existing investors over the last six months.

Investors include Greylock Partners; HSH Nordbank AG; Applied Ventures, LLC; Black River Commodity Clean Energy Investment Fund, a fund managed by Black River Asset Management; MissionPoint Capital Partners; and Allco Renewable Energy Limited. These financings are designated to support the operational resources of SunEdison.

Sun Edison LLC is North America's largest solar energy services provider and operates across a global marketplace. SunEdison provides solar-generated energy at or below current retail utility rates to a broad and diverse client base of commercial, municipal and utility customers.

SOLAR DAILY

Evergreen Solar Signs Up A Billion Dollars In News Sales

Marlboro MA (SPX) May 29, 2008
Evergreen Solar has signed two new long-term sales contracts. Yesterday, Evergreen Solar and German-based Ralos Vertriebs GmbH signed an agreement valued at approximately $750 million for panel deliveries beginning in 2008 and extending through 2013. Combined with another agreement signed last week with a United States-based installer, Evergreen has new contractual backlog of approximately $1 billion.

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