Expected purchase price reduced from $922 million to an estimated $799 million TerraForm Power to only pay for installed systems at closing BETHESDA, Md., Dec. 09, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP), a global owner and operator of clean energy power plants, today announced that it has revised and improved the terms of its agreement to acquire the Vivint Solar portfolio of installed residential rooftop solar systems in …
TERRAFORM POWER ANNOUNCES CHANGES TO MANAGEMENT TEAM AND BOARD OF DIRECTORS TO DRIVE ORGANIZATIONAL ALIGNMENT
Peter Blackmore Joins Board of Directors as Chairman Christopher Compton and Jack Jenkins-Stark Appointed to Board of Directors Brian Wuebbels Named President and CEO; Rebecca Cranna Named Chief Financial Officer BETHESDA, Md., Nov. 23, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP), a global owner and operator of clean energy power plants, today announced a series of changes to its senior management team and board …
TERRAFORM GLOBAL, INC. REPORTS THIRD QUARTER 2015 FINANCIAL RESULTS
(Thomson Reuters ONE via COMTEX) — Generated Cash Available for Distribution (“CAFD”) of $24 million in Q3 – Declares Q3 dividend of $0.17 per share ($0.275 prorated for partial quarter; $1.10 annualized) – Operating fleet of 677 MW at end of Q3, with an additional 102 MW added in October BETHESDA, Md., Nov. 10, 2015 (GLOBE NEWSWIRE) — TerraForm Global, …
TERRAFORM POWER, INC. REPORTS THIRD QUARTER 2015 FINANCIAL RESULTS
TerraForm Power Q3 2015 Results Presentation Generated Cash Available for Distribution (“CAFD”) of $71 million, up 9% over previous quarter Increases 3Q dividend to $0.35 per share ($1.40 annualized), up 4% over previous quarter Solid operational performance – supported by geographically diversified 1.9 GW fleet Executed UK portfolio project refinancing in November, resulting in net proceeds of $160 million BETHESDA, Md., Nov. 09, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP), …
TERRAFORM POWER TO REPORT THIRD QUARTER FINANCIAL RESULTS ON NOVEMBER 9, 2015
BETHESDA, Md., Nov. 02, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) today announced that it plans to report third quarter 2015 financial results after the market close on Monday, November 9, 2015. Carlos Domenech, chief executive officer of TerraForm Power, and Alex Hernandez, chief financial officer of TerraForm Power, will discuss the financial results in an investor presentation to be webcast live. Investor Call Date: Monday, November …
TERRAFORM GLOBAL, INC. NAMES ALEJANDRO HERNANDEZ CHIEF FINANCIAL OFFICER
(Thomson Reuters ONE via COMTEX) –BETHESDA, Md., Oct. 09, 2015 (GLOBE NEWSWIRE) — TerraForm Global, Inc. (NASDAQ:GLBL), (the “Company”) today announced that Alejandro “Alex” Hernandez has been appointed as its Executive Vice President and Chief Financial Officer, effective on October 9, 2015. Mr. Hernandez will continue in his capacity as EVP and CFO of TerraForm Power, Inc. (NASDAQ:TERP). He will …
SUNEDISON AND INVESTMENT FUNDS MANAGED BY GOLDMAN SACHS ANNOUNCE FORMATION OF $1 BILLION CONSTRUCTION AND OPERATING ASSET FACILITY
– $1 billion construction and operating asset warehouse investment vehicle with an equity commitment of $300 million by West Street Infrastructure Partners III (“WSIP”), an infrastructure fund managed by Goldman Sachs– $700 million debt commitments provided by a syndicate of banks including Bank of America, N.A., Morgan Stanley Senior Funding, Inc. and Deutsche Bank AG, New York Branch– Five-year WSIP …
TERRAFORM POWER, INC. REPORTS SECOND QUARTER 2015 FINANCIAL RESULTS
TerraForm Power Q2 2015 Results Presentation Generated Cash Available for Distribution (“CAFD”) of $65 million in Q2 Declares increased Q2 dividend of $0.335 per share ($1.34 annualized) Strong operational performance supported by diversity of 1.9 GW generation fleet Executed 146 MW of contracted solar power plant drop downs from SunEdison in Q2 Reaffirms full year 2015 and 2016 dividend guidance of $1.35 and $1.75 per share BETHESDA, Md., Aug. 6, 2015 (GLOBE NEWSWIRE) …
SUNEDISON AND TERRAFORM POWER ANNOUNCE SUCCESSFUL SYNDICATION OF $280 MILLION TERRAFORM PRIVATE WAREHOUSE DEBT FACILITY
MARYLAND HEIGHTS, Mo., and BETHESDA, Md., August 12, 2015 /PRNewswire/ — SunEdison, Inc. (NYSE: SUNE), the world’s largest renewable energy development company, and TerraForm Power, Inc. (Nasdaq: TERP), an owner and operator of clean energy power plants, today announced the successful syndication of the $280 million 7 year term loan facility of TerraForm Private Warehouse. The offering was oversubscribed and …
SUNEDISON ANNOUNCES DOMINION PARTNERSHIP IN 420 MEGAWATT, FOUR BROTHERS SOLAR PROJECT IN UTAH
BELMONT, Calif., Aug. 12, 2015 /PRNewswire/ — SunEdison, Inc. (NYSE: SUNE), the world’s largest renewable energy development company, today announced they have signed a definitive agreement with Dominion (NYSE: D), one of the nation’s largest producers and transporters of energy, establishing a joint venture (JV) for Four Brothers, a 420 megawatt (MW) DC, or 320 megawatt AC, solar project in Utah, developed by SunEdison. The project is now …