US solar company SunEdison files for bankruptcy

SunEdison makes bankruptcy filing as the renewable energy company's years of debt-fuelled acquisitions prove unsustainable

SunEdison, once the fastest-growing US renewable energy company, has filed for chapter 11 bankruptcy protection as years of debt-fuelled acquisitions proved unsustainable.

In its bankruptcy filing in a New York court on Thursday, the company said it had assets of $20.7bn (14.4bn) and liabilities of $16.1bn as of 30 September.