Rooftop, Solar, Utility Scale

SunEdison to Sell 202 MW of Solar to Chile’s Colbun

 

 

 

SunEdison Inc., the clean-energy giant that filed for bankruptcy protection last week, agreed to sell 202 MW of solar projects in Chile to power generator Colbun SA.

The Olmué solar development in the Valparaiso region has 145 MW of capacity, while the Santa Sofia solar project in the Metropolitan region has 57 MW, according to a statement Tuesday from Santiago-based Colbun. Both are under construction and no price was disclosed.

SunEdison on Thursday listed $16.1 billion of debt in Chapter 11 filings in Manhattan federal court, making it the biggest U.S. bankruptcy in more than a year. Closely held Ecotricity Group Ltd. announced last week that it had bought SunEdison’s British rooftop solar business.

SunEdison also agreed to transfer contracts to Colbun to supply third parties with 350 GWh per year over 15 years and to supply Colbun with 200 GWh of solar energy a year over the same period.

Ben Harborne, a SunEdison spokesman, didn’t immediately respond to an e-mailed inquiry for comment.

©2016 Bloomberg News

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