Thursday, January 21, 2016

More Turmoil at SunEdison

SunEdison Inc. Chief Operating Officer Francisco Perez Gundin left the company effective immediately on Jan. 14, the company said in a regulatory filing Thursday.
Gundin was also a member of TerraForm Power Inc.’s board until a November shakeup that removed its chief executive and caused two board members to resign, raising questions from investors about its independence from SunEdison.
SunEdison formed TerraForm Power and TerraForm Global Inc. to own and operate its renewable energy power plants. Gundin also served on TerraForm Global’s board and had been with Maryland Heights, Missouri-based SunEdison since 2009.

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