MEMC Announces Agreement to Acquire U.S. Subsidiary of Fotowatio Renewable Ventures

ST. PETERS, Mo., and SAN FRANCISCO, Aug. 3, 2011 /PRNewswire/ — MEMC Electronic Materials, Inc. (NYSE: WFR) and its solar energy subsidiary, SunEdison, today announced a definitive agreement to acquire privately-held Fotowatio Renewable Ventures, Inc. (“FRV U.S.”), the 100% owned U.S….