The company, based in Maryland Heights, Mo., will layoff 1,000 employees, or 15% of its workforce, and stop selling solar and wind farms to its own affiliated companies, which has confused investors. Instead, SunEdison plans to sell some of its renewable energy assets to power utilities.
Palming off the Garbage now? Utility Rate payers beware? Not only will they have to buy the electricity as they produce, they will own and have to pay for the facilities as well. A double Whammie (or worse) as the initial non PTC's for those facilities probably have been secured, and redistributed, not to be transferred.
You can buy the business & debts, but not the savings account.