MARYLAND HEIGHTS, Mo. and BETHESDA, Md., July 30, 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 that they plan to report second-quarter 2015 financial results at 8:00 am EDT on Thursday, August 6, 2015. Ahmad R. Chatila, SunEdison’s chief executive officer and TerraForm Power’s chairman, together with Brian Wuebbels, SunEdison’s chief financial officer, Carlos Domenech, TerraForm Power’s chief …
TERRAFORM POWER TO HOST CONFERENCE CALL TO PROVIDE FINANCING UPDATE
BETHESDA, Md., July 27, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power”) will host a conference call on Monday, July 27 at 8:30 am ET. Carlos Domenech, TerraForm Power’s chief executive officer, and Alex Hernandez, TerraForm Power’s chief financial officer will provide a financing update regarding the recently announced acquisitions of contracted power portfolios from Vivint Solar and Invenergy. An accompanying presentation can be downloaded from the “Investors” section of the TerraForm Power website, terraformpower.wpenginepowered.com. Conference …
SUNEDISON AND TERRAFORM POWER ANNOUNCE DEFINITIVE AGREEMENT TO ACQUIRE VIVINT SOLAR FOR $2.2 BILLION
– SunEdison to acquire Vivint Solar, to drop down 523 MW rooftop solar portfolio to TerraForm Power– Accelerates SunEdison’s expansion to become the leading global residential and commercial solar provider– TerraForm Power to acquire 523 MW rooftop solar portfolio with expected unlevered annual CAFD of $81 million, generating attractive 9.5% 10-year average levered cash-on-cash yield– Rooftop solar portfolio offers attractive …
SUNEDISON AND ADVANCED MICROGRID SOLUTIONS JOIN FORCES TO FINANCE AND DEPLOY 50 MEGAWATTS OF ENERGY STORAGE FOR SOUTHERN CALIFORNIA EDISON
— Landmark deal is first of its kind to replace utility power generation capacity with battery storage located at customer sites— 200 Megawatt hours of battery storage capacity to be built out over 2016 and 2017— AMS storage assets are first anticipated to be acquired by TerraForm Power BELMONT, Calif. and SAN FRANCISCO, July 15, 2015 /PRNewswire/ — Advanced Microgrid Solutions (AMS), a developer of customer-sited …
TERRAFORM POWER ANNOUNCES PROPOSED $300 MILLION OFFERING OF “GREEN BONDS”
BETHESDA, Md., July 14, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power”) today announced that its indirect subsidiary, TerraForm Power Operating, LLC (the “Issuer”), intends to offer, in a private transaction, up to $300 million aggregate principal amount of senior notes due 2025 (the “Notes”), subject to market conditions and other factors. The Notes will be senior obligations of the Issuer and will be guaranteed by …
TERRAFORM POWER PRICES $300 MILLION OFFERING OF “GREEN BONDS”
BETHESDA, Md., July 14, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power”) today announced that its indirect subsidiary, TerraForm Power Operating, LLC (the “Issuer”), priced $300 million aggregate principal amount of 6.125% senior notes due 2025 (the “Notes”) at the initial offering price of 100% of the principal amount, in connection with its previously announced private offering exempt from the registration requirements of the Securities Act …
TERRAFORM POWER AND SUNEDISON ANNOUNCE ACQUISITION OF 930 MEGAWATT CONTRACTED WIND PORTFOLIO FROM INVENERGY FOR $2 BILLION
Webcast Acquisition Call: Invenergy 930 MW Wind Portfolio (Replay) 07/07/15 at 8:30 a.m. ET Download Presentation –> – Transformative acquisition from Invenergy, the largest independent wind owner in the United States– Portfolio with expected unlevered annual CAFD of $141M, generating an attractive 10 year levered cash-on-cash yield of 8.4 percent– TerraForm Power establishing 2016 DPS guidance of $1.70, a 26 …
TERRAFORM POWER AND SUNEDISON ANNOUNCE CLOSING OF 521-MW ATLANTIC POWER ACQUISITION AND CONCURRENT FORMATION OF OPERATING ASSET WAREHOUSE FACILITY
– 521-MW operating asset acquisition, with expected annual average CAFD of $44 million over the next 10 years, increases TerraForm Power’s drop down inventory to more than 4 GW– $525 million operating asset warehouse facility, named TerraForm Private Warehouse, funds acquisition and will be operated by SunEdison– Macquarie Capital and John Hancock lead equity investment in TerraForm Private Warehouse– TerraForm …
TERRAFORM POWER ACQUIRES OWNERSHIP STAKE OF 9 MW OF SOLAR POWER PLANTS FROM DUKE ENERGY RENEWABLES
BETHESDA, Md., June 25, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP), an owner and operator of clean energy power plants, today announced the acquisition of a 9 MW net ownership stake in a portfolio of operating distributed solar power plants from Duke Energy Renewables, a commercial business unit of Duke Energy, the nation’s largest electric power holding company. Combined with the 23 MW net …
TERRAFORM POWER PRICES PUBLIC OFFERING OF COMMON STOCK
BETHESDA, Md., June 18, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power”) today announced the pricing of its underwritten public offering of 15,750,000 shares, or approximately $599 million, of its Class A common stock at a price to the public of $38.00 per share. TerraForm Power has also granted the underwriters a 30-day option to purchase an additional 2,362,500 shares, or approximately $90 million, of its Class A …