(Reuters) – SunEdison Inc said it would stick to its strategy of keeping solar power projects rather than selling them in 2014, sacrificing revenue in favor of long-term profit. The U.S. solar company’s shares rose as much as 7 percent in early trading on the New York Stock Exchange on Wednesday. SunEdison’s strategy of keeping projects instead of selling them led to a larger loss in the fourth quarter ended December 31. “The money in the retained value is so significant, I’m willing to print a negative (profit) number…,” Chief Executive Ahmad Chatila said on a post-earnings call.
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