BETHESDA, Md., Nov. 23, 2016 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP), an owner and operator of clean energy power plants, today announced that its subsidiary TerraForm Power Operating, LLC (“TerraForm Power”) has extended the expiration date of the solicitation of consents (the “Consent Solicitation”), announced on November 15, 2016, from holders of its 5.875% Senior Notes due 2023 and its 6.125% Senior Notes due 2025 (collectively, …
TERRAFORM POWER ANNOUNCES ELECTION OF THREE INDEPENDENT DIRECTORS
Appointments of Kerri Fox, Ned Hall and Marc Rosenberg Enhance the Board’s Industry Experience and Financial and Corporate Governance ExpertiseBETHESDA, Md., Nov. 23, 2016 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (the “Company”), an owner and operator of clean energy power plants, today announced the election of three independent directors, Kerri L. Fox, Edward “Ned” Hall and Marc Rosenberg to the Company’s Board of Directors, effective immediately. …
TERRAFORM POWER ANNOUNCES EXTENSION UNTIL MARCH 2017 TO REGAIN NASDAQ COMPLIANCE
BETHESDA, Md., Nov. 16, 2016 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (the “Company”), an owner and operator of clean energy power plants, announced today that, following a hearing on November 3, 2016, the Nasdaq Hearings Panel (the “Panel”) granted the Company’s request for an extension until March 10, 2017 to regain compliance with Nasdaq’s continued listing requirements with respect to its delayed Form 10-K for the year ended December …
TERRAFORM POWER OPERATING, LLC LAUNCHES CONSENT SOLICITATION RELATED TO SENIOR NOTES
BETHESDA, Md., Nov. 15, 2016 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (the “Company”), an owner and operator of clean energy power plants, today announced that its subsidiary TerraForm Power Operating, LLC (“TerraForm Power”) has commenced the solicitation of consents (the “Consent Solicitation”) from holders of record as of 5:00 p.m., New York City time, on November 14, 2016 (the “Record Date”) of its 5.875% Senior Notes due 2023 (the “2023 …
TERRAFORM POWER AND APPALOOSA ENTER SETTLEMENT AGREEMENT REGARDING PENDING LITIGATION
BETHESDA, Md., Sept. 27, 2016 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (the “Company”), an owner and operator of clean energy power plants, today announced that it has reached a settlement agreement with Appaloosa Investment Limited Partnership I (“Appaloosa”) to resolve its stockholder derivative suit, as well as derivative claims by stockholders relating to the Vivint Solar transaction, filed with the Court of Chancery of the State …
TERRAFORM POWER MAKES INFORMATION AVAILABLE CONCERNING CLAIMS AGAINST SUNEDISON
Meets with SunEdison to Start Settlement Discussions Files Initial Proof of Claim in SunEdison Bankruptcy BETHESDA, Md., Sept. 25, 2016 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) and TerraForm Power, LLC (together, “TerraForm Power” or the “Company”), an owner and operator of clean energy power plants, today announced that it has made available to certain representatives and creditors of SunEdison, Inc. and its debtor subsidiaries (“SunEdison”) information about the Company’s …
TERRAFORM POWER INITIATES PROCESS TO EXPLORE STRATEGIC ALTERNATIVES
Company Working Collaboratively With SunEdison Seeks to Resolve Intercompany Claims Consensually BETHESDA, Md., Sept. 19, 2016 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power” or the “Company”), an owner and operator of clean energy power plants, today announced that, at the recommendation of its Corporate Governance and Conflicts Committee, its Board of Directors has initiated a process to explore and evaluate potential strategic …
TERRAFORM POWER PROVIDES PRELIMINARY 2Q 2016 SUMMARY RESULTS
TerraForm Power Provides Preliminary Summary Results for 2Q 2016 BETHESDA, Md., Sept. 16, 2016 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“the Company”), an owner and operator of clean energy power plants, has posted a presentation on its website today containing certain preliminary unaudited summary financial information for the second quarter of 2016. The preliminary summary financial information may change materially as a result …
TERRAFORM POWER ANNOUNCES RECEIPT OF NASDAQ LETTER
Requests a Hearing Regarding Letter BETHESDA, Md., Sept. 09, 2016 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (the “Company”), an owner and operator of clean energy power plants, announced today that on September 8, 2016 it received a notification letter from a Director of Nasdaq Listing Qualifications (the “Notification Letter”). The Notification Letter stated that due to the Company’s non-compliance with Nasdaq Listing Rule 5250(c)(1) (the …
TERRAFORM POWER OPERATING, LLC ANNOUNCES COMPLETION OF CONSENT SOLICITATION
BETHESDA, Md., Aug. 30, 2016 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (the “Company”), an owner and operator of clean energy power plants, today announced that its subsidiary TerraForm Power Operating, LLC (“TerraForm Power”) has successfully completed the amended and restated solicitation of consents (the “Consent Solicitation”) from holders of record as of 5:00 p.m., New York City time, on August 16, 2016 (the “Record Date”) of its 5.875% Senior Notes …