On Monday, Shares of SunEdison, Inc. (NYSE:SUNE), gained 4.21% to $15.59.
SunEdison declared that it has closed financing and begun construction on one of its largest wind farms to date, the 300-megawatt (MW) South Plains II wind farm in Floyd County, Texas.
The wind farm is predictable to generate about 1,200 gigawatt-hours of energy each year, enough to power more than 90,000 Texas homes and avoid the emission of 2 billion pounds of carbon dioxide.
Citi offered the construction loan facilities for the project and BHE Renewables, a partner of Berkshire Hathaway Energy, in partnership with Citi, will invest in the tax equity.
SunEdison, Inc. develops, manufactures, and sells silicon wafers to the semiconductor industry. The company operates through three segments: Solar Energy, TerraForm Power, and Semiconductor Materials.
Shares of The Walt Disney Company (NYSE:DIS), inclined 1.51% to $111, during its last trading session.
The soundtrack from the Disney Channel TV movie “Descendants” topped the Billboard 200 chart this week, as Taylor Swift and British singer-songwriter Ed Sheeran strengthened their dominance in album sales this year, according to Reuters.
“Descendants,” a fantasy film about the teen offspring of some of Disney’s best-known animated villains, sold almost 42,000 units in its first week of release, according to figures from Nielsen SoundScan. Reuters Reports
Disney Channel is a cable television unit of Walt Disney Co .
The Walt Disney Company, together with its auxiliaries, operates as an entertainment company worldwide. The company operates in five segments: Media Networks, Parks and Resorts, Studio Entertainment, Consumer Products, and Interactive.
Finally, Eldorado Gold Corporation (NYSE:EGO), ended its last trade with 9.34% surge, and closed at $3.63.
For the second quarter ended June 30, 2015, Eldorado Gold Corporation reports gold production of 181,160 ounces (Q2 2014: 200,551 oz) with average cash costs of $569 per ounce (Q2 2014: $489/oz). Adjusted net earnings for the quarter were $17.0 million ($0.02 per share) contrast to $35.9 million ($0.05 per share) in Q2 2014.
Second Quarter Highlights
- Gold production of 181,160 ounces (counting production from tailings retreatment at Olympias).
- Adjusted net earnings of $17.0 million ($0.02 per share). Net loss attributable to shareholders of the Company was $198.6 million ($0.28 per share), primarily due to the recorded impairment loss at Certej of $214.1 million (net of deferred income tax recovery).
- Gold revenues were $204.2 million on sales of 170,056 ounces of gold at an average realized gold price of $1,201 per ounce.
- Liquidity of $824.8 million, counting $449.8 million in cash, cash equivalents and term deposits, and $375.0 million in undrawn lines of credit.
- All-in sustaining cash costs averaged $900 per ounce; cash operating costs averaged $569 per ounce.
- On July 30, 2015, the Company declared that it will pay a dividend of CDN$0.01 per Common Share on August 26, 2015 to the holders of the Company’s outstanding Common Shares as the close of business on the record date of August 17, 2015.
Eldorado Gold Corporation, together with its auxiliaries, engages in the exploration, discovery, development, production, and reclamation of gold properties, primarily in Brazil, China, Greece, Turkey, and Romania. It also explores for iron, silver, lead, zinc, and copper ores.
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