It might have to do with increasing state subsidies for and regulations requiring renewable energy[1] as well as major, image-sensitive investors like CalPERS w

It might have to do with increasing state subsidies for and regulations requiring renewable energy[1] as well as major, image-sensitive investors like CalPERS wanting to get rid of their fossil fuel holdings. These could both increase the price of SUNE et al relative to a straight business fundamentals value. [1]: e.g. http://www.latimes.com/politics/la-pol-sac-jerry-brown-climate-change-renewable-energy-20151007-story.html http://www.latimes.com/politics/la-pol-sac-jerry-brown-clima...