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SunEdison And Vivint Solar Reach Agreement To Amend Definitive Merger Agreement

Monday, Dec 14 2015

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SunEdison and Vivint Solar have reached an agreement to amend and modify the terms of the definitive merger agreement previously announced on July 20. In conjunction therewith, SunEdison also announced today that 313 Acquisition, the vehicle controlled by private equity funds managed by Blackstone, has entered into a commitment to provide a $250 million credit facility to fund the ongoing growth of SunEdison. The merger is anticipated to close in the first quarter of 2016.