SunEdison Shares Soar 37% on Sale of India Assets

SunEdison Inc. shares surged 37 per cent on Tuesday after the US-based solar company announced that it would sell projects in India. The 37 per cent gain was the biggest for the New York Stock Exchange-listed firm in 14 years. SunEdison, which operates Indian solar plants with capacity of about 450 MW, on Tuesday, said that it will sell projects in India with generating capacity of 425 megawatts (MW) to TerraForm Global Inc for $231...