SunEdison sells US$1b of assets following bankruptcy
Company's debt-induced collapse enables competitors to strengthen their positions or enter new markets
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New York
THE spectacular failure of what was once the world's biggest renewable-energy company has turned into a smorgasbord of wind and solar farms being gobbled up by infrastructure investors, clean-power developers and even a football team.
Since filing the largest US bankruptcy of 2016, SunEdison Inc has hosted the biggest sale of renewables assets. It has shed at least US$1 billion of assets from Southern California to Chile to India - some through record-breaking deals - including projects that would have died without new owners.
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