SunEdison, Inc. (formerly MEMC Electronic Materials) is a renewable energy company headquartered in the U.S. In addition to developing, building, owning, and operating solar power plants and wind energy plants, it also manufactures high purity polysilicon, monocrystalline silicon ingots, silicon wafers, solar modules, solar energy systems, and solar module racking systems.
According to Bloomberg, "The company’s debt-fueled investment strategy led it to spend $3.1 billion on acquisitions in the last two years. As SunEdison investors lost faith in the company, they sold, spurring the company’s stock to plummet. The company’s overall debt is in excess of $16 billion, making it the largest American bankruptcy in at least a year."
Former Employee - Operations Manager says"Filed bankruptcy, over sold what they manage"
Director (Former Employee) says"The most toxic company I had ever worked for. No wonder the company went down. The management always had new shiny object syndrome and ignored their long lasting employeesNoneEverything"
Former Employee - Senior Project Manager says"Senior mngt lied constantly, getting too big for their britches"
Machine Operator (Former Employee) says"Got work place harrassment all the time for nothing supervisor constantly breathing down my neck. Verbally attack by coworkers and seen others get get sexually harassed and still are working at this placeNoneAll"
Current Employee - Director says"lost focus of the core business model and management style that lends itself to inefficiency"
Plant Manager, Kaheawa I & II Wind Farms (Former Employee) says"SunEdison is a big mess. Upper-level management is horrible. Mid-level management is poor. Employees are left to sort out horrible situations without support."
Former Employee - Anonymous says"Upper management at SunEdison was careless, irresponsible, didn't care about employees, didn't know how to run a company. Went bankrupt after trying to go public."
Operator (Former Employee) says"Management treat you like pheasants they don't care what you are going through they want to point you for being 2 minutes late and they always changing policies and not notify the employees and also hours are horribleDays offWorking there"
MccauleyPenny says"RT @Shumpagne1: @AsbRider_10 @ruewenfate8 @Breaking911 Google "Pelosi Stock Scandal" https://t.co/Yeztv541h5 https://t.co/vRaViaHcB6"
Shumpagne_ says"@AsbRider_10 @ruewenfate8 @Breaking911 Google "Pelosi Stock Scandal" https://t.co/Yeztv541h5 https://t.co/vRaViaHcB6"
In The News
Motley Fool reports"Billionaire Goes to War With SunEdison Inc"
Fortune reports"SunEdison’s Woes Could Derail India’s ‘Ultra Mega’ Solar Drive"
Bloomberg Law reports"Deutsche Bank Unit Must Face SunEdison Lenders' Fraud Suit"
Business Insider reports"What happens after SunEdison is bankrupt - Business Insider"