World's Biggest Green Energy Company Files For Bankruptcy | HuffPost - Action News
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Posted: 2016-04-21T14:03:06Z | Updated: 2016-04-21T14:03:06Z World's Biggest Green Energy Company Files For Bankruptcy | HuffPost

World's Biggest Green Energy Company Files For Bankruptcy

This is one of the largest bankruptcies involving a non-financial company.
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Noah Berger / Reuters

(Reuters) - Solar energy company SunEdison Inc filed for creditor protection on Thursday, making it one of the largest bankruptcies by asset value involving a non-financial company in a decade.

Once the fastest growing U.S. renewable energy developer, SunEdison embarked on an aggressive acquisition strategy that left it struggling with $12 billion in debt as of Sept. 30.

(Reporting by Arathy S Nair and Amrutha Gayathri in Bengaluru; Editing by Saumyadeb Chakrabarty)

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