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BRIEF-Brookfield submits alternative proposals to Terraform's advisors related to potential deal
January 10, 2017 / 10:34 PM / 10 months ago

BRIEF-Brookfield submits alternative proposals to Terraform's advisors related to potential deal

Jan 10 (Reuters) - Brookfield Asset Management Says None Of The Four Proposals For Terraform Power Inc

* Brookfield Asset Management-Submitted alternative proposals to Terraform Power’s advisors with respect to potential deal involving co, Terraform Power

* Is subject to any financing condition

* Brookfield Asset Management says under one of the proposals Brookfield would acquire all outstanding shares of Terraform Power Inc for $11.50 per share in cash

* Brookfield Asset Management - Under one of the proposals, Brookfield would replace sunedison as Terraform Power’s sponsor and controlling shareholder

* Brookfield Asset Management - Reports 12.12 percent stake in Terraform Power as of Jan. 9 - SEC filing

* Brookfield Asset - Under third proposal it would replace Sunedison as Terraform Power's sponsor and controlling shareholder, and would invest cash in the co in exchange for newly issued class a shares Source: (bit.ly/2jAOFsr) Further company coverage:

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