SunEdison and TerraForm Power Announce Definitive Agreement to Acquire Vivint Solar for $2.2 Billion

- SunEdison to acquire Vivint Solar, to drop down 523 MW rooftop solar portfolio to TerraForm Power
- Accelerates SunEdison's expansion to become the leading global residential and commercial solar provider
- TerraForm Power to acquire 523 MW rooftop solar portfolio with expected unlevered annual CAFD of $81 million, generating attractive 9.5% 10-year average levered cash-on-cash yield
- Rooftop solar portfolio offers attractive CAFD profile and predictable drop down flow
- SunEdison initiates 2016 guidance of 4,200 MW to 4,500 MW delivered, a 50 percent year-on-year increase over previous 2016 outlook of 2,800 MW to 3,000 MW
- TerraForm Power raises 2016 DPS guidance from $1.70 to $1.75 and initiates 2017 guidance of $2.05, up from previous target of $2.00

MARYLAND HEIGHTS, Mo., LEHI, Utah and BETHESDA, Md., July 20, 2015 -- SunEdison, Inc. (NYSE:SUNE - News), the world's largest renewable energy development company, Vivint Solar (NYSE:VSLR - News), a leading provider of residential solar systems in the United States, and TerraForm Power, Inc. (together with its subsidiaries, TerraForm Power) (Nasdaq:TERP - News), an owner and operator of clean energy power plants, today announced that SunEdison and Vivint Solar have signed a definitive merger agreement pursuant to which SunEdison will acquire Vivint Solar for approximately $2.2 billion, payable in a combination of cash, shares of SunEdison common stock and SunEdison convertible notes.

RGS Energy Improves Capitalization Structure, Eliminating Subordinated Debt and Reducing Warrant Overhang

LOUISVILLE, Colo., June 25, 2015  -- RGS Energy (RGSE), one of the nation's leading rooftop installers of solar equipment, has converted all of its subordinated debt to Class A common stock and entered into agreements to exchange a substantial amount of its Series A and C warrants for Class A common stock.

The subordinated debt transaction involved converting outstanding principal of $3.15 million and accrued interest of $1.09 million under loans from Riverside Fund III, L.P., an affiliate of the company's largest shareholder, Riverside Renewable Energy Investment, LLC into 1,288,156 shares of the company's Class A common stock at $3.29 per share, the closing price on June 23, 2015.

China Sunergy Announces Fourth Quarter and Full-Year 2014 Financial Results

NANJING, China, June 12, 2015 - China Sunergy Co., Ltd. (CSUN) ("China Sunergy" or "the Company"), a specialized solar cell and module manufacturer, today announced its financial results for the fourth quarter and full year ended December 31, 2014.

Mr. Tingxiu Lu, CEO of China Sunergy, commented, "I am pleased with the Company's sharp turnaround in the fourth quarter. During the fourth quarter, we were able to increase module sales to China, improve manufacturing efficiency, and lower conversion cost, which combined to expand our gross margin by 790 basis points quarter-over-quarter.

JA Solar Announces Receipt of "Going Private" Proposal at US$9.69 Per ADS or US$1.938 Per Ordinary Share

SHANGHAI, China, June 5, 2015 -- JA Solar Holdings Co., Ltd. (JASO) (the "Company"), one of the world's largest manufacturers of high-performance solar power products, today announced that its board of directors (the "Board") has received a preliminary non-binding proposal letter dated June 5, 2015 from Mr. Baofang Jin, its Chairman and Chief Executive Officer, and Jinglong Group Co., Ltd., a British Virgin Islands company of which Mr. Baofang Jin is the sole director (collectively, the "Buyer Group"), to acquire all of the outstanding shares of the Company not already owned by the Buyer Group in a going private transaction for US$9.69 per American Depositary Share ("ADS", each ADS representing five ordinary shares) or US$1.938 per ordinary share in cash, subject to certain conditions. A copy of the proposal letter is attached hereto as Exhibit A.