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SunEdison to list assets on global exchanges

According to reports, solar power company SunEdison is planning to list its entire portfolio of solar assets in the overseas exchanges. Once executed, SunEdison would be the first company to list solar assets from India on any exchange.

The company plans to publicly list asset vehicles and has filed S1 to the United States Securities and Exchange Commission (SEC), relating to the proposed initial public offering of the common stock of a yieldco vehicle.

These vehicles will include assets in several countries, including India.

While Pashupathy Gopalan, President of SunEdison Asia, declined to comment whether Indian assets would be listed overseas, sources said the company’s assets in Tamil Nadu would be part of the global plan.

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