Business

Einhorn’s Greenlight Capital takes a beating on energy bets

Hedge fund investor David Einhorn’s energy bets are still hurting his investors.

Einhorn’s Greenlight Capital Re, which invests alongside his hedge fund, fell 3.9 percent in November, the company reported on Monday, leaving it down 20.1 percent for the year.

His biggest losers this year are solar energy play Sunedison and coal producer Consol Energy.

Sunedison, a former hedge fund darling, fell 56.4 percent last month and is down 84 percent in 2015 through Nov. 30, to $3.18 a share.

Einhorn owned 18.5 million shares as of Sept. 30.

Consol Energy, which is down 77 percent for the year, staged a bit of a comeback in November, gaining 18.3 percent, to $7.88 a share — after Einhorn touted it at the Robin Hood investment conference. Greenlight owns 30 million shares.