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SunEdison delays filing annual report for second time

Solar company SunEdison said on Wednesday it had delayed filing its annual report beyond the extended due date of March 15 after identifying material weaknesses in its financial reporting controls.

SunEdison said earlier this month it had delayed filing its annual report as a result of an internal investigation into its financial position.

That investigation has not been finalized, SunEdison said on Wednesday.

The latest delay is mainly the result of problems with new financial information technology, the company said.

SunEdison "yieldco" TerraForm Power also said it had delayed filing its annual report.