Wednesday, April 6, 2016

Plunge of solar stocks takes down yieldcos but brings in contrarians

NEW YORK, April 6 (Reuters) - The likely bankruptcy of solar

developer SunEdison Inc is pulling down so-called

yieldcos, once thought of as a safer way to invest in the

notably volatile renewable energy industry, and bringing in

income-oriented fund managers who say they are picking up shares

at a bargain.

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