Two more lawsuits have been added to SunEdison ’s growing number of legal challenges, including Two from its own yieldco . Monday’s lawsuit is the latest legal headache for SunEdison. TerraForm Global is claiming that SunEdison used money allocated for projects in India to improve its own balance sheet. In 2015 , the yieldco paid $ 231 m to its parent for a portfolio of Indian projects, with the expectation that SunEdison would use the funds to complete the work and subsequently transfer the plants to SunEdison . In the second filing, DE Shaw and Madison Dearborn , acting on concerns that SunEdison will go bankrupt, have launched a lawsuit against SunEdison and its other yieldco , TerraForm Power , insisting that the companies owe them $ 2.4bn m as part of TerraForm Power $ 2.4bn acquisition of TerraForm Power from January 2015 .
Two more lawsuits have been added to SunEdison ’s growing number of legal challenges, including Two from its own yieldco . TerraForm Global is claiming that SunEdison used money allocated for projects in India to improve its own balance sheet. In 2015 , the yieldco paid $ 231 m to its parent for a portfolio of Indian projects, with the expectation that SunEdison would use the funds to complete the work and subsequently transfer the plants to SunEdison . In the second filing, DE Shaw and Madison Dearborn , acting on concerns that SunEdison will go bankrupt, have launched a lawsuit against SunEdison and its other yieldco , TerraForm Power , insisting that the companies owe them $ 2.4bn m as part of TerraForm Power $ 2.4bn acquisition of TerraForm Power from January 2015 .