SunEdison shares are falling after its yieldco TerraForm Global canceled an agreement to buy a renewable-energy company, TheStreet's TV anchor Rhonda Schaffler reports.

NEW YORK (TheStreet) -- SunEdison  (SUNE) stock is falling 5.63% to $2.01 in mid-afternoon trading on Monday, as its yieldco TerraForm Global (GLBL) canceled an agreement to purchase a Central American renewable-energy developer, Bloomberg reports. 

In June, SunEdison announced that it would acquire Globeleq Mesoamerica Energy and its portfolio of projects in Honduras, Costa Rica and Nicaragua. Under the terms of the agreement, SunEdison would have gotten the company's developmental pipeline. 

The deal has since been called off after certain asset lenders failed to issue consents before a March 12 deadline. 

"The basis of the acquisition didn't make sense anymore," Michael Morosi, an analyst at Avondale Partners, told Bloomberg. "SunEdison is refocusing on its core markets."

SunEdison became the most indebted company within the renewable energy industry and its shares have plunged more than 90% after a nearly $3 billion buying spree last year, Bloomberg adds.

Separately, TheStreet Ratings team rates the stock as a "sell" with a ratings score of D.

SunEdison's weaknesses include its generally high debt management risk, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share.

You can view the full analysis from the report here: SUNE

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author.