Represented investor MissionPoint Capital in connection with MEMC Electronic Materials’ (NYSE:WFR) $200 million acquisition of solar power developer Sun Edison LLC.
MEMC Electronic Materials, Inc. (NYSE:WFR) acquired privately held Sun Edison LLC, a developer of solar power projects and North America’s largest solar energy services provider, for a purchase price of $200 million (payable 70% in cash and 30% in MEMC stock). A Seward & Kissel team lead by partners Craig Sklar, James Abbott and James Cofer and including counsel Anthony Tu-Sekine, represented Sun Edison investor MissionPoint Capital Partners in connection with the transaction.