SunEdison acquires Continuum’s Wind

SunEdison has recently announced that the company has signed a definitive agreement to acquire Mumbai-based Continuum Wind Energy. The assets to be acquired include 242 MW of operating wind assets in Maharastra and Gujarat as well as 170 MW of assets under construction.

Sun Edison has not disclosed the deal value in any official communication, but sources close to the transaction said Continuum Wind Energy has been valued at Rs 3,720-3,900 crore ($620-650 million), inclusive of its debt.

The equity value alone has been pegged at around Rs 1,920 crore ($320 million).

So the transaction value comes to Rs. 1920/412 MW = Rs.4.66 crores/MW






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