Utah-based Vivint, a company that uses a summer sales model, is selling Vivint Solar to SunEdison for $2.2 billion.
“We are building the next generation of the biggest energy companies on earth,” said Julie Blunden, SunEdison’s chief strategy officer, in an interview.
Launched in 2011, Vivint Solar went public on the NYSE in 2014. The company’s stock has continued to grow.
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