Edition:
United States

Saeta Yield SA (SAY.MC)

SAY.MC on Madrid SE C.A.T.S.

12.32EUR
23 Feb 2018
Change (% chg)

€0.00 (+0.00%)
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€12.32
Open
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€12.32
Volume
161,403
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210,032
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€12.40
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€8.07

Latest Key Developments (Source: Significant Developments)

Terraform Power Announces Offer To Acquire 100 Pct Of Saeta Yield
Wednesday, 7 Feb 2018 06:00am EST 

Feb 7 (Reuters) - Terraform Power Inc ::TERRAFORM POWER ANNOUNCES OFFER TO ACQUIRE 100% OF LEADING EUROPEAN RENEWABLE POWER BUSINESS, SAETA YIELD.TERRAFORM POWER INC - TERRAFORM POWER'S OFFER IS EUR 12.20 IN CASH PER SHARE OF SAETA.TERRAFORM POWER INC - TRANSACTION IS HIGHLY ACCRETIVE TO TERRAFORM POWER.TERRAFORM POWER INC - AGGREGATE VALUE OF IRREVOCABLE COMMITMENTS, REPRESENTING MORE THAN A 50% INTEREST IN SAETA, IS APPROXIMATELY $600 MILLION.TERRAFORM POWER - IF CO ACQUIRES ALL OF REMAINING SAETA SHARES IN TENDER OFFER, TOTAL PURCHASE PRICE WILL BE APPROXIMATELY $1.2 BILLION.TERRAFORM POWER INC - ‍INTENDS TO FINANCE OFFER WITH A $400 MILLION EQUITY OFFERING WITH BALANCE FUNDED FROM AVAILABLE LIQUIDITY​.TERRAFORM POWER INC - TERRAFORM POWER WILL BE ABLE TO ACQUIRE 100% OF SHARES OF SAETA PROVIDED THAT AT LEAST 90% OF SHARES ARE TENDERED IN OFFER.TERRAFORM POWER - DUE TO ACCRETION OF DEAL, CO HAS INCREASED DIVIDEND 6 PERCENT TO $0.76 PER SHARE (ON AN ANNUAL BASIS).TERRAFORM POWER INC - ‍PRIOR TO FUNDING TRANSACTION, TERRAFORM POWER HAS OVER $1 BILLION OF LIQUIDITY UNDER COMMITTED FACILITIES​.TERRAFORM POWER INC - ‍AGGREGATE VALUE OF IRREVOCABLE COMMITMENTS, REPRESENTING MORE THAN A 50% INTEREST IN SAETA, IS APPROXIMATELY $600 MILLION​.TERRAFORM POWER - CO INTENDS TO EXECUTE A FUNDING PLAN COMPRISED OF $400 MILLION EQUITY OFFERING, REMAINING $800 MILLION TO BE FINANCED WITH AVAILABLE LIQUIDITY.  Full Article

Brookfield Launches Takeover Bid For Saeta Yield At 12.20 Euros‍​ Per Share
Wednesday, 7 Feb 2018 02:23am EST 

Feb 7 (Reuters) - Saeta Yield SA ::BROOKFIELD LAUNCHES TAKEOVER BID FOR SAETA AT 12.20 EUR‍​/ SHARE, TOTAL OF 995 MILLION EUROS.BROOKFIELD RUNS THE OFFER FOR 50.338 PERCENT OF SAETA SHARES.OFFER PRICE REPRESENTS PREMIUM OF 5.54 PERCENT VERSUS CLOSE PRICE ON FEB. 6‍​.  Full Article

Saeta Yield Confirms Potential Interest From Brookfield
Monday, 15 Jan 2018 04:45am EST 

Jan 15 (Reuters) - SAETA YIELD SA ::CONFIRMS POTENTIAL INTEREST FROM AN AFFILIATE OF BROOKFIELD ASSET MANAGEMENT.SAYS NO FINAL DECISION IN THIS REGARD HAS BEEN TAKEN SO FAR.THERE IS NO CERTAINTY THAT BROOKFIELD ASSET MANAGEMENT, OR ANY OF AFFILIATES, WILL LAUNCH TENDER OFFER.  Full Article

Saeta Yield Says Unit Refinances Its Debt For 135 Mln Euros
Tuesday, 2 Jan 2018 02:46am EST 

Jan 2 (Reuters) - SAETA YIELD SA ::SAYS ITS UNIT LESTENERGIA EXPLORACAO DE PARQUES EOLICOS SA REFINANCES ITS DEBT IN PROJECT FINANCE FORMAT FOR 135 MILLION EUROS.ADDITIONAL 9 MILLION EURO CREDIT FACILITY TO FINANCE DEBT SERVICE RESERVE ACCOUNT WITHIN THIS REFINANCING.THANKS TO REFINANCING THE CO LEVERS UP PORTUGUESE PORTFOLIO, REDUCES INTEREST RATES, INCREASES TERM OF DEBT.  Full Article

Saeta Yield 9-month EBITDA up 17.4 pct YoY
Tuesday, 7 Nov 2017 11:33am EST 

Nov 7 (Reuters) - SAETA YIELD SA ::9-MONTH NET PROFIT 30.0 MILLION EUROS VERSUS 21.0 MILLION EUROS YEAR AGO.9-MONTH EBITDA 177.8 MILLION EUROS VERSUS 151.5 MILLION EUROS YEAR AGO.9-MONTH REVENUE 246.9 MILLION EUROS VERSUS 213.4 MILLION EUROS YEAR AGO.9-MONTH ELECTRICITY PRODUCTION 1,413 GWH VERSUS 1,424 GWH YEAR AGO.INSTALLED CAPACITY 1,028 MW AT END-SEPT. VERSUS 789 MW AT END-SEPT. 2016.TO PAY Q3 DIVIDEND CHARGED TO SHARE PREMIUM, OF 0.19 EURO/SHARE ON NOV. 29.  Full Article

Saeta Yield says on track to deliver double digit RECAFD growth in 2017
Thursday, 21 Sep 2017 04:59am EDT 

Sept 21 (Reuters) - SAETA YIELD SA ::SAYS ON TRACK TO DELIVER DOUBLE DIGIT RECAFD (RECURRENT CASH AVAILABLE FOR DISTRIBUTION) GROWTH IN 2017.  Full Article

Saeta Yield H1 EBITDA up 23.6 pct at 109.9 mln euros YoY
Wednesday, 20 Sep 2017 02:18am EDT 

Sept 20 (Reuters) - SAETA YIELD SA ::H1 NET PROFIT 13.7 MILLION EUROS VERSUS 8.2 MILLION EUROS YEAR AGO.H1 EBITDA 109.9 MILLION EUROS VERSUS 88.9 MILLION EUROS YEAR AGO.H1 ELECTRICITY PRODUCTION 835 GWH VERSUS 908 GWH YEAR AGO.INSTALLED CAPACITY 884 MW AT END-JUNE 2017 VERSUS 789 MW AT END-JUNE 2016.H1 REVENUE 157.3 MILLION EUROS VERSUS 128.5 MILLION EUROS YEAR AGO.  Full Article

ACS sees capital gain from Lestenergia wind farms sale at 12 mln euros
Friday, 4 Aug 2017 02:45am EDT 

Aug 4 (Reuters) - ACS Actividades de Construccion y Servicios SA ::SEES CAPITAL GAIN FROM THE SALE OF LESTENERGÍA WIND FARMS AT ABOUT 12 MILLION EUROS.  Full Article

Saeta Yield buys wind farms in Portugal for about 104 mln euros
Friday, 4 Aug 2017 02:21am EDT 

Aug 4 (Reuters) - SAETA YIELD SA ::BUYS LESTENERGIA PORTFOLIO OF NINE WIND FARMS OF 144 MW IN PORTUGAL FOR ABOUT 104 MILLION EUROS FROM ACS <<>> UNIT.LESTENERGIA DEAL HAS A TOTAL ENTERPRISE VALUE OF 186 MILLION EUROS.  Full Article

Saeta Yield to pay Q2 dividend of 0.189 eur/shr
Thursday, 13 Jul 2017 10:35am EDT 

July 13 (Reuters) - SAETA YIELD SA ::TO PAY DIVIDEND OF 0.189 EURO PER SHARE FOR Q2 ON AUGUST 30.  Full Article

BRIEF-Terraform Power Announces Offer To Acquire 100 Pct Of Saeta Yield

* TERRAFORM POWER ANNOUNCES OFFER TO ACQUIRE 100% OF LEADING EUROPEAN RENEWABLE POWER BUSINESS, SAETA YIELD