BETHESDA, Md., March 21, 2017 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power” or the “Company”), an owner and operator of clean energy power plants, announced today that the Nasdaq Hearings Panel granted the Company an extension until June 30, 2017 to regain compliance with Nasdaq’s continued listing requirements with respect to its Form 10-K for the year ended December 31, 2016, its Form 10-Q for the first …
TERRAFORM POWER ANNOUNCES RECEIPT OF NASDAQ LETTER
BETHESDA, Md., March 09, 2017 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power” or the “Company”), an owner and operator of clean energy power plants, today announced that that on March 6, 2017 it received a notification letter from a Director of Nasdaq Listing Qualifications (the “Notification Letter”). The Notification Letter stated that because the Company has not yet filed its Form 10-K for the …
BROOKFIELD TO ACQUIRE CONTROLLING STAKE AND ASSUME SPONSORSHIP OF TERRAFORM POWER
Brookfield to become cornerstone investor in TerraForm Power with 51% ownership TerraForm Power Class A shareholders to receive $11.46 per share in cash with option for shareholders to elect shares in order to participate in future upside potential Brookfield is a world-class sponsor, providing numerous benefits to TerraForm Power – Management expertise in operating renewable assets with decades of experience – Financial strength to …
TERRAFORM POWER SECURES EXPANSION OF CANADA PROJECT FINANCING
BETHESDA, Md., March 02, 2017 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power” or the “Company”), an owner and operator of clean energy power plants, today announced that it has secured an expansion of project financing for power plants in Canada. TerraForm Power secured an additional $86M (CAD$114M) in project financing for its 4 utility-scale solar plants (representing 60 MW) in Ontario, Canada through a 7-year non-recourse portfolio credit …
TERRAFORM POWER REPORTS 3Q 2016 FINANCIAL RESULTS AND FILES FORM 10-Q
BETHESDA, Md., Feb. 24, 2017 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power”), an owner and operator of clean energy power plants, today reported third quarter 2016 financial results and filed its Form 10-Q for the quarterly period ended September 30, 2016 with the Securities and Exchange Commission. The Form 10-Q is available on the Investors section of TerraForm Power’s website at terraformpower.wpenginepowered.com. “The reporting of our …
TERRAFORM POWER ANNOUNCES ELECTION OF INDEPENDENT DIRECTOR
Enhances Board’s Independence as well as its Financial and Operational ExperienceBETHESDA, Md., Feb. 16, 2017 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power” or the “Company”), an owner and operator of clean energy power plants, today announced the election of an independent director, Christian S. Fong, to the Company’s Board of Directors, effective February 12, 2017. In conjunction with Mr. Fong’s election, Messrs. Gregory Scallen and David Ringhofer have …
TERRAFORM POWER REPORTS 2Q 2016 FINANCIAL RESULTS AND FILES FORM 10-Q
BETHESDA, Md., Feb. 07, 2017 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power”), an owner and operator of clean energy power plants, today reported second quarter 2016 financial results and filed its Form 10-Q for the quarterly period ended June 30, 2016 with the Securities and Exchange Commission. The Form 10-Q is available on the Investors section of TerraForm Power’s website at terraformpower.wpenginepowered.com. “The reporting of our …
TERRAFORM POWER ANNOUNCES EXCLUSIVITY AGREEMENT WITH BROOKFIELD ASSET MANAGEMENT REGARDING POTENTIAL TRANSACTION
Enters into Memorandum of Understanding with SunEdison BETHESDA, Md., Jan. 23, 2017 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power” or the “Company”), an owner and operator of clean energy power plants, today announced that the Company has entered into an exclusivity agreement with Brookfield Asset Management (“Brookfield”) in connection with its previously disclosed strategic alternatives process to maximize shareholder value. Under the exclusivity agreement, the …
TERRAFORM POWER ANNOUNCES SALE OF UK PORTFOLIO TO OPTIMIZE FLEET AND POSITION COMPANY FOR FUTURE GROWTH
BETHESDA, Md., Jan. 06, 2017 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power” or the “Company”), an owner and operator of clean energy power plants, today announced that its subsidiary, TerraForm Power Operating, LLC (“Operating”), has entered into an agreement to sell a portfolio of 24 operating solar projects in the United Kingdom representing 365 MW (the “UK Portfolio”) to Vortex, a renewable energy platform managed by …
TERRAFORM POWER ANNOUNCES ELECTION OF INDEPENDENT DIRECTOR
Appointment Enhances Board’s Restructuring ExpertiseBETHESDA, Md., Dec. 27, 2016 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (the “Company”), an owner and operator of clean energy power plants, today announced the election of an independent director, David Pauker, to the Company’s Board of Directors, effective December 20, 2016. Mr. Pauker replaced Mr. David Springer, who has resigned from the TerraForm Power Board. “We are excited to welcome David Pauker to …