RELEASE: SunEdison Emerges from Chapter 11 Restructuring

Published on by Staff Reports

Company Successfully Completes Reorganization

ST. LOUIS, Dec. 29, 2017 /PRNewswire/ — SunEdison Inc. (“SunEdison” or the “Company”), announced that its Plan of Reorganization (the “Plan”) became effective today and that the Company has emerged from Chapter 11 as a newly reorganized, privately held company. As previously announced, the Bankruptcy Court for the Southern District of New York confirmed the Plan on July 28, 2017.

Following over $2.3 billion of gross asset sales throughout its chapter 11 cases – including the sale of the Company’s most valuable asset, its interests in non-debtor affiliates TerraForm Power, Inc. and TerraForm Global, Inc. (together, the “Yieldcos”) – SunEdison emerges with a significantly smaller footprint and will continue to focus on monetizing its remaining assets.

As part of the Plan negotiation process, the Company facilitated key settlements with its diverse constituent groups.  To that end, John S. Dubel, the Company’s Chief Executive Officer and Chief Restructuring Officer, commented that, “We sincerely appreciate the support and cooperation of our financial stakeholders, advisors, creditors, and other parties involved in the Company’s Chapter 11 process, including our first and second lien lenders, the official committee of unsecured creditors, and the Yieldcos.” Mr. Dubel also noted that, “We also want to thank the Company’s outgoing board of directors for their invaluable contributions and guidance relating to the Company’s restructuring.”

Richard Katz will serve as Chairman and Chief Executive Officer of the reorganized SunEdison.

Ankura Consulting provided interim management services for the Company, Skadden, Arps, Slate, Meagher & Flom LLP served as counsel to the Company, Togut Segal & Segal LLP served as co-counsel to the Company, Rothschild Inc. served as financial advisor and investment banker for the Company, PricewaterhouseCoopers LLP served as financial advisor for the Company, and McKinsey Recovery & Transformation Services U.S., LLC served as restructuring advisor for the Company.

SunEdison Common Stock

Pursuant to the Plan, the SunEdison existing common stock has been cancelled. Common stockholders will receive no distribution and will not retain any property under SunEdison’s Plan.

169 thoughts on “RELEASE: SunEdison Emerges from Chapter 11 Restructuring”

  14. “An added important component is that if you are a mature person, travel insurance pertaining to pensioners is something you must really consider. The old you are, the harder at risk you are for getting something awful happen to you while abroad. If you are not covered by several comprehensive insurance plan, you could have many serious difficulties. Thanks for expressing your ideas on this web blog.”

  21. “”I feel this is among the most important information for me. And i am satisfied reading your article. However want to observation on few common issues, The website taste is great, the articles is actually great D. Good job, cheers””

  23. “Hey There. I found your blog using msn. This is a very well written article. I will make sure to bookmark it and return to read more of your useful information. Thanks for the post. I will definitely comeback.”

  43. 야구선수정보《∥》mir101.COM 카톡ＣｏＭＥ99《∥》 야구승부식 와이즈토토추천 안전놀이터-http://www.mir101.com/ 안전놀이터-http://nave88.com/ 안전놀이터-http://www.mir101.com/ 안전놀이터-http://nave88.com/

  48. 해외야구사이트《＼》mir101.COM 카톡ＣｏＭＥ99 《＼》 해외축구배당률 축구승부식 사설토토-http://www.mir101.com/ 사설토토-http://nave88.com/ 사설토토-http://www.mir101.com/ 사설토토-http://nave88.com/

  51. 사설안전공원추천≫≪mir101.COM ∽카톡pRo9999≫≪ 토토안전공원추천 토토사이트-http://www.mir101.com/ 토토사이트-http://nave88.com/ 토토사이트-http://www.mir101.com/ 토토사이트-http://nave88.com/

  56. “My brother recommended I would possibly like this web site. He used to be entirely right. This put up truly made my day. You can not consider simply how a lot time I had spent for this information! Thank you!”

  59. “Hey there! I know this is kinda off topic however , I’d figured I’d ask. Would you be interested in exchanging links or maybe guest authoring a blog article or vice-versa? My website addresses a lot of the same topics as yours and I think we could greatly benefit from each other. If you might be interested feel free to shoot me an e-mail. I look forward to hearing from you! Awesome blog by the way!”

  62. I will right away take hold of your rss feed as I can not find your email subscription link or e-newsletter service. Do you’ve any? Please allow me recognise so that I may subscribe. Thanks.

  66. I’m gone to tell my little brother, that he should also go to see this weblog on regular basis to get updated
    from newest reports RELEASE: SunEdison Emerges from Chapter 11
    Restructuring – Clayton Times .

  69. Thanks so much for providing individuals with remarkably remarkable possiblity to read critical reviews from this web site. It’s usually so good and stuffed with a great time for me personally and my office acquaintances to search your blog at least 3 times per week to see the latest items you have got. Of course, I am usually impressed concerning the spectacular creative ideas you give. Some 2 ideas on this page are undeniably the very best I have ever had.

  70. Please let me know if you’re looking for a article author for your blog. You have some really good posts and I think I would be a good asset. If you ever want to take some of the load off, I’d really like to write some material for your blog in exchange for a link back to mine. Please send me an e-mail if interested. Kudos!

  72. Hi there! Quick question that’s entirely off topic. Do you know how to make your site mobile friendly? My web site looks weird when browsing from my apple iphone. I’m trying to find a template or plugin that might be able to fix this issue. If you have any suggestions, please share. Many thanks!

  73. We stumbled over here coming from a different web address and thought I should check things out. I like what I see so now i am following you. Look forward to looking over your web page yet again.

  74. I’m really inspired with your writing skills as smartly as with the layout for your weblog. Is this a paid subject or did you modify it your self? Either way stay up the excellent high quality writing, it is rare to peer a nice blog like this one nowadays..

  76. Excellent post. I used to be checking continuously this weblog and I am impressed! Very useful info specifically the ultimate part 🙂 I care for such information much. I used to be looking for this particular info for a long time. Thanks and best of luck.

  78. You really make it appear so easy with your presentation but I in finding this matter to be really something which I think I might by no means understand. It kind of feels too complex and very large for me. I’m taking a look forward for your subsequent submit, I’ll try to get the dangle of it!

  79. Thanks for your splendid submitting! I seriously enjoyed reading that, you could be a great author.I will be sure that RELEASE: SunEdison Emerges from Chapter 11 Restructuring – Clayton Times My spouse and i take a note of your blog post and could return down the road. I must motivate an individual proceed your excellent writing, have a good nighttime!. Poker Online Uang Asli http://feraripk.net/

  81. Are you able to put in a Blackberry mobile phones format? This specific site is tough you just read RELEASE: SunEdison Emerges from Chapter 11 Restructuring – Clayton Times otherwise for all those individuals browsing using mobile devices. Normally, just in case you can place the RSS connect, that might be excellent also. Home Page http://feraripk.net/

  82. A formidable share, I simply given this onto a colleague who was doing a bit of evaluation on this. And he in truth purchased me breakfast as a result of I discovered it for him.. smile. So let me reword that: Thnx for the deal with! But yeah Thnkx for spending the time to debate this, I really feel strongly about it and love studying more on this topic. If potential, as you turn into experience, would you thoughts updating your blog with more particulars? It’s extremely helpful for me. Large thumb up for this blog post!

  85. “wonderful issues altogether, you just received a brand new reader. What might you recommend about your put up that you made some days ago? Any positive?”

  86. I am not certain the place you are getting your information, however good topic. I needs to spend a while learning more or figuring out more. Thanks for fantastic information I was looking for this info for my mission.

  87. “I have realized that online diploma is getting common because getting your college degree online has changed into a popular method for many people. A large number of people have certainly not had an opportunity to attend a normal college or university although seek the raised earning possibilities and career advancement that a Bachelor Degree gives you. Still other folks might have a diploma in one training but want to pursue something they now develop an interest in.”

  88. Thank you for the sensible critique. Me and my neighbor were just preparing to do some research on this. We got a grab a book from our area library but I think I learned more from this post. I am very glad to see such great information being shared freely out there.

  90. It’s awesome to go to see this site and reading the views of all colleagues about
    this article, while I am also eager of getting experience.

  93. wonderful points altogether, you just gained a new reader. What would you recommend in regards to your post that you made some days ago? Any positive?

  94. Greetings from Colorado! I’m bored to death at work so I decided to check out your
    site on my iphone during lunch break. I really like the info you present here and can’t
    wait to take a look when I get home. I’m surprised at how quick your blog loaded on my mobile
    .. I’m not even using WIFI, just 3G .. Anyhow, amazing site!

  98. Undeniably imagine that which you said. Your favourite justification seemed to be on the web the easiest factor to bear in mind of. I say to you, I definitely get annoyed at the same time as people consider concerns that they plainly do not recognize about. You managed to hit the nail upon the top as well as outlined out the whole thing with no need side effect , other people can take a signal. Will likely be again to get more. Thanks

  101. I cherished as much as you will obtain carried out right here. The caricature is tasteful, your authored subject matter stylish. however, you command get got an impatience over that you would like be delivering the following. unwell surely come more previously once more since precisely the similar just about a lot regularly inside of case you protect this hike.

  105. hello there and thank you in your information – I’ve certainly picked up something new from right here. I did alternatively expertise several technical points the use of this website, since I experienced to reload the site a lot of times previous to I may just get it to load correctly. I were puzzling over in case your web host is OK? No longer that I am complaining, however slow loading circumstances instances will sometimes affect your placement in google and could harm your high quality score if advertising and ***********|advertising|advertising|advertising and *********** with Adwords. Well I am including this RSS to my email and could look out for much extra of your respective exciting content. Ensure that you replace this again soon..

  106. Thanks for any other informative web site. The place else may
    just I am getting that kind of information written in such an ideal means?
    I’ve a mission that I’m simply now running on, and I have been on the glance out for
    such information.

  107. What i do not realize is actually how you’re not really much more well-liked than you may be right now. You’re so intelligent. You realize therefore significantly relating to this subject, made me personally consider it from so many varied angles. Its like men and women aren’t fascinated unless it is one thing to do with Lady gaga! Your own stuffs nice. Always maintain it up!

  108. I like what you guys are up also. Such clever work and reporting! Keep up the excellent works guys I have incorporated you guys to my blogroll. I think it will improve the value of my site 🙂

  113. I cling on to listening to the reports speak about getting free online grant applications so I have been looking around for the top site to get one. Could you tell me please, where could i acquire some?

  114. I cling on to listening to the news bulletin talk about receiving boundless online grant applications so I have been looking around for the best site to get one. Could you tell me please, where could i get some?

  115. Hi there! This post could not be written any better! Reading through this
    post reminds me of my good old room mate! He always
    kept chatting about this. I will forward this write-up to him.

    Pretty sure he will have a good read. Many thanks for sharing!

  117. Hey very nice blog!! Man .. Beautiful .. Amazing .. I’ll bookmark your website and take the feeds also…I’m happy to find a lot of useful information here in the post, we need develop more techniques in this regard, thanks for sharing. . . . . .

  119. I like what you guys are up too. Such smart work and reporting! Carry on the superb works guys I?¦ve incorporated you guys to my blogroll. I think it’ll improve the value of my website 🙂

  120. Among the finest to note I’m all new to be able to blogging RELEASE: SunEdison Emerges from Chapter 11 Restructuring – Clayton Times and definitely savored you’re blog site. Probably I’m planning to save your site . You absolutely get exceptional blogposts. Many thanks pertaining to expressing along with us your internet site web site. ferari poker Online https://feraripk.net/

  121. Thank you for any other fantastic post. The place else may just anyone get that type of info in such an ideal approach of writing? I have a presentation subsequent week, and I’m on the look for such info.

  122. Hmm is anyone else experiencing problems with the pictures on this blog loading? I’m trying to figure out if its a problem on my end or if it’s the blog. Any feed-back would be greatly appreciated.

  124. This blog is definitely rather handy since I’m at the moment creating an internet floral website – although I am only starting out therefore it’s really fairly small, nothing like this site. Can link to a few of the posts here as they are quite. Thanks much. Zoey Olsen

  129. We are a gaggle of volunteers and opening a brand new scheme in our community.
    Your web site offered us with valuable info to work on. You have performed a formidable task and our entire community will probably
    be grateful to you.

  130. Its like you read my mind! You appear to know so much about this,
    like you wrote the book in it or something. I think that you can do with some pics to
    drive the message home a little bit, but other than that, this is excellent blog.
    An excellent read. I will definitely be back.

  131. An attention-grabbing discussion is price comment. I believe that you must write extra on this subject, it might not be a taboo subject but typically individuals are not sufficient to talk on such topics. To the next. Cheers

  132. I?¦ve learn some excellent stuff here. Certainly value bookmarking for revisiting. I wonder how much effort you set to make any such great informative site.

  133. With havin so much content and articles do you ever run into
    any problems of plagorism or copyright infringement?
    My blog has a lot of exclusive content I’ve either created myself
    or outsourced but it looks like a lot of it
    is popping it up all over the internet without my permission. Do you know any
    ways to help reduce content from being stolen? I’d really appreciate it.

  135. My partner and I stumbled over here by a different web page and thought I might as well check things out.
    I like what I see so now i’m following you. Look forward to
    looking into your web page repeatedly.

  138. I’d have to examine with you here. Which is not one thing I usually do! I take pleasure in reading a post that may make folks think. Additionally, thanks for permitting me to comment!

  139. Good day very nice web site!! Guy .. Excellent .. Wonderful .. I’ll bookmark your blog and take the feeds additionally…I’m glad to search out numerous useful information here in the put up, we want develop extra techniques in this regard, thanks for sharing. . . . . .

  140. Hmm is anyone else encountering problems with the images on this blog loading? I’m trying to determine if its a problem on my end or if it’s the blog. Any suggestions would be greatly appreciated.

  141. I found your weblog website on google and verify just a few of your early posts. Proceed to keep up the superb operate. I simply further up your RSS feed to my MSN News Reader. Looking for ahead to reading extra from you in a while!…

  142. certainly like your web-site but you have to take a look at
    the spelling on quite a few of your posts. Several of them are rife with spelling problems
    and I to find it very bothersome to tell the truth on the other hand I
    will definitely come back again.

  143. I am curious to find out what blog platform you happen to be using? I’m having some minor security problems with my latest site and I’d like to find something more secure. Do you have any suggestions?

  146. Hi there! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Thank you for sharing!

  150. Sweet blog! I found it while surfing around on Yahoo News. Do you have any suggestions on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Thank you

  153. e5TLLH Wow! This can be one particular of the most helpful blogs We ave ever arrive across on this subject. Basically Fantastic. I am also an expert in this topic so I can understand your effort.

  158. It is perfect time to make some plans for the future and it is time to be happy. I’ve read this post and if I could I want to suggest you some interesting things or suggestions. Maybe you could write next articles referring to this article. I want to read more things about it!

  160. of course like your web-site but you need to take a look at the spelling on several of your posts. A number of them are rife with spelling problems and I in finding it very troublesome to inform the reality however I will certainly come again again.

  163. What i do not realize is actually how you’re not actually a lot more smartly-appreciated than you may be now. You are very intelligent. You recognize therefore significantly in relation to this matter, produced me for my part imagine it from numerous various angles. Its like women and men aren’t interested except it’s something to do with Woman gaga! Your personal stuffs nice. All the time take care of it up!

  165. Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. It extremely helps make reading your blog significantly easier.

  166. This design is wicked! You most certainly know how to keep a reader entertained. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Wonderful job. I really enjoyed what you had to say, and more than that, how you presented it. Too cool!

  167. I’ve been absent for a while, but now I remember why I used to love this web site. Thanks, I’ll try and check back more often. How frequently you update your website?

  168. I spent four years trying EVERYTHING in Online Dating, and through a huge amount of trial and error, I produced a system that I will share for you. This book will take you, step by step, through everything you need to know to double, triple or even quadruple the number of women you meet online.

  169. The next time I read a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to read, but I actually thought youd have something interesting to say. All I hear is a bunch of whining about something that you could fix if you werent too busy looking for attention.

Leave a Reply

Your email address will not be published.