TerraForm Global, Inc. agreed to acquire Alto Cielo, S.A. from Solarpack Corporacion Technologica, S.L. for $35 million on April 29, 2015. The transaction is subject to regulatory approvals, third-party consents and customary closing conditions and is expected to close in either the second or third quarter of 2015. Juan I. González Ruiz and Ignacio Magariños of Uría Menéndez Abogados, S.L.P. acted as legal advisors for SunEdison. José Guardo and Alejandro León of Clifford Chance and Guyer & Regules acted as legal advisors for Solarpack.

TerraForm Global, Inc. completed the acquisition of Alto Cielo, S.A. from Solarpack Corporacion Technologica, S.L. on April 8, 2016.