Clean-energy builders selling stakes in finance arms to get cash
An increasing number of solar and wind developers are opting out of a security which is used to help finance clean-energy products. "You have to focus on saving the core business first," says one analyst.
BY BRIAN ECKHOUSE, BLOOMBERG
Two years ago, solar and wind developers couldn't get enough of a security that helped finance their clean-energy projects. Now, a growing number are considering cashing out.
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