SunEdison Inc acquired Singapore-based Continuum Wind Energy Ltd

With the acquisition of Continuum, SunEdison added significant assets and a skilled wind development team to drive further growth in the renewable energy development platform.

Created On: Jun 17, 2015 16:26 IST

SunEdison Inc, world's largest renewable energy development company, on 16 June 2015 acquired Singapore-headquartered Continuum Wind Energy Limited for an undisclosed sum.

With the acquisition of Continuum, SunEdison added significant assets and a skilled wind development team to drive further growth in the renewable energy development platform.

SunEdison intends to place the power plants acquired from Continuum on the operational call rights list for TerraForm Global. Operation and maintenance of the wind power plants will be performed by SunEdison Services.

About Continuum Wind Energy Limited
• Started in 2009, Continuum Wind, majority owned by Morgan Stanley Infrastructure Partners, owns and operates 242 MW of wind power facilities in India’s Maharashtra and Gujarat states.
• The company has over 1000 MW of wind projects under development across six Indian states.

About SunEdison Inc
• SunEdison is the world's largest renewable energy development company and is transforming the way energy is generated, distributed, and owned around the globe.
• The company develops, finances, installs, owns and operates renewable power plants, delivering predictably priced electricity to its residential, commercial, government and utility customers.
• Its corporate headquarters are in the United States (US) with additional offices and technology manufacturing around the world.

Now get latest Current Affairs on mobile, Download # 1  Current Affairs App

Take Weekly Tests on app for exam prep and compete with others. Download Current Affairs and GK app

एग्जाम की तैयारी के लिए ऐप पर वीकली टेस्ट लें और दूसरों के साथ प्रतिस्पर्धा करें। डाउनलोड करें करेंट अफेयर्स ऐप

AndroidIOS

Related Stories

Comment (0)

Post Comment

1 + 4 =
Post
Disclaimer: Comments will be moderated by Jagranjosh editorial team. Comments that are abusive, personal, incendiary or irrelevant will not be published. Please use a genuine email ID and provide your name, to avoid rejection.

    Monthly Current Affairs PDF

    • Current Affairs PDF November 2021
    • Current Affairs PDF October 2021
    • Current Affairs PDF September 2021
    • Current Affairs PDF August 2021
    • Current Affairs PDF July 2021
    • Current Affairs PDF June 2021
    View all

    Monthly Current Affairs Quiz PDF

    • Current Affairs Quiz PDF November 2021
    • Current Affairs Quiz PDF October 2021
    • Current Affairs Quiz PDF September 2021
    • Current Affairs Quiz PDF August 2021
    • Current Affairs Quiz PDF July 2021
    • Current Affairs Quiz PDF June 2021
    View all