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Solar developer SunEdison in bankruptcy as aggressive growth plan unravels
April 21, 2016 by elegant · Leave a Comment
SunEdison Inc, once the fastest-growing U.S. renewable energy company, filed for Chapter 11 bankruptcy protection on Thursday after a short-lived but aggressive binge of debt-fueled acquisitions proved unsustainable. In its bankruptcy filing, the company said it had assets of $20.7 billion and liabilities of $16.1 billion
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Solar developer SunEdison in bankruptcy as aggressive growth plan unravels