GE’s renewable energy business has announced a US$ 25 million investment in TerraForm Global.
TerraForm Global is a dividend growth-oriented company formed by SunEdison to own and operate contracted renewable power generation assets in attractive, high-growth emerging markets. The agreement is expected to help support new wind pipeline opportunities for TerraForm Global, and GE also will provide life cycle operations and maintenance support for TerraForm’s international wind fleet. The two companies also have agreed to continue exploring additional opportunities for growth-oriented collaboration.
