SunEdison has confidentially submitted a draft registration statement on Form S-1 to the United States Securities and Exchange Commission (SEC) relating to the proposed initial public offering of the common stock of a yieldco vehicle focused on contracted clean power generation assets in attractive, high growth, emerging markets, primarily in Asia (excluding Japan) and Africa.
The number of shares of common stock to be sold and the price range for the proposed offering has not yet been determined. The initial public offering is expected to commence after the SEC completes its review process, subject to market and other conditions.
