Tuesday, May 27, 2008

Six Investment Partners Provides $161 Million In SunEdison's Equity and Debt Financings.

SunEdison Closes $161 Million in Financing
BELTSVILLE, MD – May 23, 2008 – SunEdison, North America’s largest solar energy services provider, today announced that it has closed $131 million of private equity and $30 million of debt financing with new and existing investors over the last six months. Investors include Greylock Partners; HSH Nordbank AG; Applied Ventures, LLC; Black River Commodity Clean Energy Investment Fund, a fund managed by Black River Asset Management; MissionPoint Capital Partners; and Allco Renewable Energy Limited. These financings are designated to support the operational resources of SunEdison.

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