More SunEdison Trouble

SunEdison said in a regulatory filing yesterday that they could not complete its annual financial filing due to ongoing investigations by the audit committee.Link

"If some or all of the allegations made by these former executives and current and former employees are determined to have merit, management may be required to reassess the Company’s liquidity position, as well as disclosures in the annual report, company officials said."

SunEdison reported a third-quarter loss of $328 million on revenue of $476 million compared with a loss of $317 million on revenue of $469 million in the prior-year period.

We have yet to hear or see Georgetown's backup plan for providing electricity to the citizens of Georgetown next year.