TerraForm Power to sell energy to Duke Energy Progress under 15-year PPAs BELMONT, Calif. and BETHESDA, Md. , March 31, 2015 /PRNewswire/ — SunEdison, Inc. (NYSE: SUNE), the world’s largest renewable energy development company, and TerraForm Power, Inc. (Nasdaq: TERP), a global owner and operator of clean energy power plants, today announced the interconnection of four photovoltaic solar energy plants in North Carolina with a total capacity of 26 megawatts DC. …
TERRAFORM POWER ACQUIRES 168 MW OF SOLAR POWER PLANTS FROM SUNEDISON
Portfolio Consists of U.S. Distributed Generation (“DG”) Solar Power Plants and 11 Solar Power Plants in the UKBETHESDA, Md., March 31, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP), a global owner and operator of clean energy power plants, today announced it acquired solar power plants comprising 168 MW from SunEdison, Inc. (NYSE:SUNE) during the first quarter of 2015. All of these power plants were on TerraForm …
TERRAFORM POWER, INC. REPORTS FOURTH QUARTER 2014 FINANCIAL RESULTS
TerraForm Power 4Q 2014 Results Presentation Generates Cash Available for Distribution (“CAFD”) of $17 million in Q4 Q4 dividend increase of 20%, $1.08 per share on an annualized basis Grows portfolio to 1.5 GW and doubles drop down inventory to 3.3 GW with First Wind acquisition Reaffirms 2015 CAFD guidance of $214 million and dividend guidance of $1.30 per share BETHESDA, Md., Feb. 18, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP), …
TERRAFORM POWER, INC. TO HOST FOURTH QUARTER 2014 RESULTS CONFERENCE CALL
BETHESDA, Md., Feb. 9, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) today announced that it will release its fourth quarter 2014 financial results on Wednesday, February 18, 2015 after market close. The Company will hold a conference call that same day at 5:00 pm Eastern Time to discuss the results. A question and answer session will follow the corporate update. Conference Call Details Date: Wednesday, February 18, …
TERRAFORM POWER INCREASES REVOLVING CREDIT FACILITY TO $550 MILLION
BETHESDA, Md., Feb. 2, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power”), a global owner and operator of clean energy power plants, today announced that its indirect subsidiary, TerraForm Power Operating, LLC, closed a $550 million secured revolving credit facility (the “Revolver”). The Revolver replaces TerraForm Power Operating, LLC’s previous $215 million secured revolving credit facility. The maturity of the new Revolver was extended to January 2020 (from July 2017 for the previous …
SUNEDISON AND TERRAFORM POWER CLOSE ACQUISITION OF FIRST WIND
MARYLAND HEIGHTS, MO and BETHESDA, MD, Jan. 29, 2015 – SunEdison, Inc. (NYSE:SUNE), the world’s largest renewable energy developer, and TerraForm Power, Inc. (Nasdaq:TERP), a global owner and operator of clean energy power plants, today announced that they have completed their previously announced acquisition of First Wind Holdings, LLC. In the transaction, TerraForm Power purchased 500 MW of operating wind …
TERRAFORM POWER PRICES $800 MILLION OF “GREEN BONDS” IN ITS FIRST DEBT OFFERING
BETHESDA, Md., Jan. 23, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power”) today announced that its indirect subsidiary, TerraForm Power Operating, LLC (the “Issuer”), priced $800 million aggregate principal amount of 5.875% senior notes due 2023 (the “Notes”) in connection with their previously announced private offering exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The closing of the offering …
TERRAFORM POWER ANNOUNCES PROPOSED $800 MILLION OFFERING OF SENIOR NOTES
BETHESDA, Md., Jan. 16, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power”) today announced that its wholly-owned indirect subsidiary, TerraForm Power Operating, LLC (the “Issuer”), intends to offer, in a private transaction, up to $800 million aggregate principal amount of senior notes due 2023 (the “Notes”), subject to market conditions and other factors. The Notes will be senior obligations of the Issuer and will be guaranteed …
TERRAFORM POWER PRICES PUBLIC OFFERING OF COMMON STOCK
BETHESDA, Md., Jan. 15, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power”) today announced the pricing of its underwritten public offering of 12 million shares of its Class A common stock at a price to the public of $29.33 per share. TerraForm Power has also granted the underwriters a 30-day option to purchase additional 1.8 million shares of its Class A common stock. The offering is …
TERRAFORM POWER ANNOUNCES PUBLIC OFFERING OF COMMON STOCK
BETHESDA, Md., Jan. 14, 2015 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power”) today announced that it has commenced a $350 million underwritten public offering of shares of its Class A common stock. TerraForm Power has also granted the underwriters a 30-day option to purchase additional shares of its Class A common stock. TerraForm Power intends to use the net proceeds from the offering to fund a portion of …