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NRG Yield Inc (NYLD.N)

NYLD.N on New York Stock Exchange

16.95USD
24 Mar 2017
Change (% chg)

$0.15 (+0.89%)
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Latest Key Developments (Source: Significant Developments)

NRG Yield Inc reports fourth quarter 2016 financial results
Tuesday, 28 Feb 2017 07:00am EST 

NRG Yield Inc : NRG yield Inc reports fourth quarter 2016 financial results, announces agreements with NRG on next drop down and right of first offer pipeline expansion . Qtrly announced 4% quarterly dividend increase to $0.26 per share in Q1 2017 .Continues to target annualized dividend per share growth of 15% through 2018.  Full Article

NRG Yield qtrly net loss of $126
Tuesday, 28 Feb 2017 07:00am EST 

NRG Yield Inc : NRG Yield Inc - qtrly net loss of $126 million versus $12 million net income . NRG Yield Inc - in Q4 of 2016, NRG Yield recorded a non-cash impairment loss of $183 million for certain assets acquired from NRG . NRG Yield Inc - NRG Yield is reconfirming 2017 full year financial guidance . NRG Yield - FY financial guidance reflects neither impact of aforementioned outage at El Segundo Energy center nor drop down transaction announced Tuesday . NRG Yield Inc - NRG Yield is targeting dividend per share growth of 15% annually on each of its class A and class C common stock through 2018 . NRG Yield Inc - on February 24, entered into a definitive agreement to acquire Agua Caliente and Utah utility-scale solar projects from NRG . NRG Yield - deal for cash consideration of $130 million, plus assumed non-recourse project debt of about $464 million, excluding adjustments for working capital . NRG Yield Inc - elected not to pursue acquisition of Minnesota, community, and Jeffers Wind projects at this time . NRG Yield - elected not to pursue acquisition of Minnesota, Community, Jeffers Wind Projects, but may continue its evaluation of projects . NRG Yield - retained right with NRG, pursuant to Rofo agreement, to participate in process to extent NRG elected to pursue third party sale of these assets.  Full Article

Salient MLP & Energy Infrastructure Fund reports 5.1 pct stake in NRG Yield Inc
Friday, 27 Jan 2017 06:32am EST 

Nrg Yield Inc :Salient MLP & Energy Infrastructure Fund reports 5.1 percent passive stake in nrg yield inc as of Dec 31, 2016 - SEC filing.  Full Article

NRG Yield Inc's unit announces proposed offering of $350 mln senior notes
Monday, 15 Aug 2016 07:41am EDT 

NRG Yield Inc : NRG Yield Operating Llc, a subsidiary of NRG Yield, Inc., announces proposed offering of $350.0 million senior notes . Subsidiary intends to use proceeds of offering to repay all outstanding cash borrowings under its revolving credit facility .Subsidiary intends to commence an offering of $350.0 million in aggregate principal amount of senior notes due 2026.  Full Article

NRG Yield files for class C common stock offering
Tuesday, 9 Aug 2016 07:38am EDT 

Nrg Yield Inc :Files for class C common stock offering of up to $150.0 million - SEC filing.  Full Article

NRG Yield Inc Qtrly EPS $0.29
Tuesday, 9 Aug 2016 06:14am EDT 

Nrg Yield Inc : NRG Yield, Inc. Reports second quarter 2016 financial results . Qtrly total operating revenues $258 million versus $235 million . NRG Yield Inc qtrly earnings per weighted average class a common share $0.29 . Amended to residential solar partnership does not impact nrg yield's 2016 financial guidance or ability to pay dividend . On aug 8, co entered definitive agreement with nrg to acquire remaining 51.05% interest in cvsr project for $78.5 million in cash consideration . Acquisition of remaining 51.05% interest in cvsr project to increase adjusted ebitda, cafd on annual basis by $40 million and $5 million, respectively . Q2 earnings per share view $0.36, revenue view $270.8 million -- Thomson Reuters I/B/E/S . Reaffirming 2016 financial guidance . Increasing quarterly dividend by 4.3% and reaffirming 15% annualized dividend per share growth through 2018 . On august 5, amended residential solar partnership to reduce co's total capital commitment from $100 million to $60 million . Definitive agreement with NRG includes assumed non-recourse project level debt of $496 million .FY2016 earnings per share view $0.98, revenue view $1.02 billion -- Thomson Reuters I/B/E/S.  Full Article

NRG Yield files for stock shelf of up to $196.7 mln
Friday, 17 Jun 2016 04:15pm EDT 

Nrg Yield Inc : Files for stock shelf of up to $196.7 mln - SEC filing .Says shelf for offer and resale of up to 13.1 million shares of co's class C common stock by selling stockholders.  Full Article

NRG Yield Inc raises second quarter dividend
Thursday, 5 May 2016 06:54am EDT 

NRG Yield Inc:Board of Directors declared a quarterly dividend on Class A and Class C common stock of $0.23 per share.Payable on June 15, 2016 to stockholders of record as of June 1, 2016.  Full Article

NRG Yield Inc reaffirms FY 2016 EBITDA guidance
Thursday, 5 May 2016 06:54am EDT 

NRG Yield Inc:Reaffirms FY 2016 adjusted EBITDA guidance of $805 million.  Full Article

NRG Yield Inc appoints Christopher Sotos as CEO
Thursday, 5 May 2016 06:53am EDT 

NRG Yield Inc:Says appointment of Christopher Sotos as President and Chief Executive Officer, effective May 6, 2016.Says Interim President and Chief Executive Officer Mauricio Gutierrez will transition role to Sotos through second quarter 2016.  Full Article

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BRIEF-NRG Yield qtrly net loss of $126

* NRG Yield Inc - qtrly net loss of $126 million versus $12 million net income