SunEdison Inc., the bankrupt renewable energy giant, won court approval of a $144 million sale of wind and solar assets to a unit of NRG Energy Inc., Bloomberg News reported yesterday. The company will sell equity interests in some North American utility project companies after an auction in which NRG Renew LLC’s opening offer prevailed. Bankruptcy Judge <b>Stuart Bernstein</b> said that the deal was “fair and reasonable” given the extensive marketing of the asset package, as he signed off on the sale yesterday. The court delayed consideration of a private sale of a stake in SUNE Troughton Farm Solar Ltd. in England and Wales, to Stark Solar Ltd. so SunEdison Chief Executive Officer John S. Dubel could answer questions. That’s scheduled for Friday morning. A request in August to sell the assets said Stark would pay a negligible amount but help get the project access to financing. Bidding procedures for the company’s solar materials business were also approved.
