Energy Magazine December 2015 | Page 20

BEST OF 2015
SunEdisons $ 2.2 billion purchase of Vivint Solar signals industry change Clean energy company SunEdison Inc . is stirring the solar industry with its recent purchase of Vivint Solar Inc . for US $ 2.2 billion .
• Google boosts solar energy with new Project Sunroof endeavor
As reported by our sister publication Business Review USA , the deal is the latest move by SunEdison to aggressively expand across the clean energy industry . Vivint Solar is one of the largest U . S . companies that installs solar panels on household rooftops , and news of the deal sent Vivint Solar ’ s stock up over 40 percent on Monday , July 20 , according to Fortune . SunEdison shares were up 2.9 percent at US $ 32.48 , after touching a near-seven-year high of US $ 33.44 , on the New York Stock Exchange , according to Reuters .
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20 December 2015