SunEdison Emerges From Bankruptcy a Shadow of Its Former Self

By [email protected] SunEdison, a company once poised to become the first renewable energy supermajor, emerged last week from Chapter 11 bankruptcy as a much smaller version of its former self.

The company’s reorganization plan, approved last July by the Bankruptcy Court for the Southern District of New York, became effective on December 29. SunEdison now exists as a newly restructured, privately held firm.

Richard Katz will serve as chairman and CEO of the reorganized company. John Dubel, who led the restructuring, previously held the CEO title. Dubel was named chief executive when Ahmad Chatila stepped down in June 2016.

“SunEdison emerges with a significantly smaller

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