Bloomberg News

Sun Edison Sells $220 Million Bulgarian Solar Park, Capital Says

July 09, 2012

Sun Edison, the development unit of MEMC Electronic Materials Inc. (WFR:US), sold Bulgaria’s largest solar park to Malta-registered ACF Renewable Energy for 350 million lev ($220 million), Capital Daily reported, without saying where it got the information.

The 60.4-megawatt Karadzhalovo solar park in southern Bulgaria was put into operation in March and cost 181.4 million euros ($223 million), according to the International Finance Corporation, which helped fund the project.

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To contact the editor responsible for this story: Elizabeth Konstantinova at ekonstantino@bloomberg.net


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