The Globe and Mail reports in its Saturday, Nov. 19, edition that Brookfield Asset Management says it is ready to offer $13 a share in cash to acquire TerraForm Power, valuing the yieldco at about $1.8-billion (all figures U.S.). A Bloomberg dispatch to The Globe reports that Brookfield says it is also prepared to make an offer for another unit of bankrupt SunEdison, Terra-Form Global, for an undisclosed sum. The offer is below TerraForm Power's Thursday closing price of $13.01 a share and below its $42 peak in April, 2015. TerraForm's market value has slumped in the past 18 months as SunEdison's fortunes waned after a $2.6-billion buying spree left it overextended. Brookfield senior managing partner Sachin Shah says the valuation is fair given the current state of the market, noting that it is 49 per cent above the closing price on June 28, the day before Brookfield initially disclosed its holdings. He says, "We firmly believe these proposals represent unique, extremely attractive opportunities for TERP and GLBL shareholders, as well as the creditors of SunEdison." He says TerraForm Power and Terra-Form Global should act quickly to avoid further "diminution of value."