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TerraForm Power Inc (TERP.OQ)

TERP.OQ on NASDAQ Stock Exchange Global Select Market

16.69USD
23 Aug 2019
Change (% chg)

$-0.27 (-1.59%)
Prev Close
$16.96
Open
$16.93
Day's High
$17.09
Day's Low
$16.64
Volume
208,333
Avg. Vol
236,127
52-wk High
$17.10
52-wk Low
$10.33

Latest Key Developments (Source: Significant Developments)

TerraForm Power To Acquire Large-Scale U.S. Distributed Generation Platform
Monday, 22 Jul 2019 07:45am EDT 

July 22 (Reuters) - TerraForm Power Inc ::TERRAFORM POWER TO ACQUIRE LARGE-SCALE U.S. DISTRIBUTED GENERATION PLATFORM.TERRAFORM POWER INC - DEAL FOR $720 MILLION..TERRAFORM POWER INC - TERRAFORM POWER PLANS TO INITIALLY FUND ACQUISITION WITH A $475 MILLION BRIDGE FACILITY.TERRAFORM POWER INC - TRANSACTION WILL BE PERMANENTLY FUNDED THROUGH PROJECT FINANCING WITH INVESTMENT GRADE METRICS AND CAPITAL RECYCLING.TERRAFORM POWER INC - TERRAFORM POWER EXPECTS ACQUISITION TO BE MODESTLY ACCRETIVE TO CAFD IN 2020 AND OVER NEXT FIVE YEARS.TERRAFORM POWER INC - TO SEEK TO FINANCE ITS EQUITY INVESTMENT BY SELLING MINORITY INTERESTS IN STABILIZED WIND ASSETS.TERRAFORM POWER - EXPECTS TO GENERATE RETURNS ON EQUITY ON INVESTMENT WITHIN TARGETED RANGE OF 9% TO 11%..TERRAFORM - TO BUY UNLEVERED DISTRIBUTED GENERATION PLATFORM FROM SUBSIDIARIES OF ALTAGAS LTD.  Full Article

Terraform Power Reports Qtrly Loss Per Share $0.04
Thursday, 9 May 2019 09:48pm EDT 

May 9 (Reuters) - TerraForm Power Inc ::TERRAFORM POWER REPORTS FIRST QUARTER 2019 RESULTS.QTRLY LOSS PER SHARE $0.04.QTRLY ADJUSTED REVENUE $242 MILLION VERSUS $139 MILLION.  Full Article

TerraForm Got Nasdaq Letter Indicating It No Longer Complied Listing Rule
Monday, 21 May 2018 04:45pm EDT 

May 21 (Reuters) - TerraForm Power Inc ::TERRAFORM POWER REPORTS RECEIPT OF NASDAQ LETTER.TERRAFORM POWER - ON MAY 16, GOT NASDAQ LETTER INDICATING IT NO LONGER COMPLIED WITH A LISTING RULE DUE TO FAILURE TO TIMELY FILE ITS FORM 10-Q.  Full Article

Terraform Power Files For Offering Of Up To $400 Million In Class A Common Stock - SEC Filing
Monday, 19 Mar 2018 06:46am EDT 

March 19 (Reuters) - Terraform Power Inc ::TERRAFORM POWER FILES FOR OFFERING OF UP TO $400 MILLION IN CLASS A COMMON STOCK - SEC FILING.TERRAFORM POWER - AFFILIATE OF BROOKFIELD CURRENTLY OWNS ABOUT 51% INTEREST IN CO.TERRAFORM POWER - A BROOKFIELD ENTITY WILL BUY A NUMBER OF SHARES OF CLASS A COMMON STOCK EQUAL TO AT LEAST 51% OF TOTAL SHARES SOLD IN OFFERING‍​‍​.TERRAFORM POWER - FOLLOWING OFFERING & ANY CONCURRENT PRIVATE PLACEMENT, BROOKFIELD, AFFILIATES EXPECTED TO OWN AT LEAST 51% OF CLASS A SHARES IN CO‍​‍​.  Full Article

TerraForm Power SHR Loss For Qtr Ended Dec 31, 2017 Was $1.02
Thursday, 8 Mar 2018 05:47pm EST 

March 8 (Reuters) - TerraForm Power Inc ::TERRAFORM POWER INC - REVENUE FOR 3 MONTHS ENDED DEC 31, 2017 WAS $136 MILLION VERSUS $135 MILLION - SEC FILING.TERRAFORM POWER INC - NET‍​ LOSS FOR 3 MONTHS ENDED DEC 31, WAS $141 MILLION VERSUS NET LOSS OF $135 MILLION.TERRAFORM POWER INC - ADJUSTED REVENUE FOR 3 MONTHS ENDED DEC 31, 2017 WAS $148 MILLION VERSUS $140 MILLION FOR 3 MONTHS ENDED DEC 31, 2016.TERRAFORM POWER INC - NET LOSS PER SHARE FOR 3 MONTHS ENDED DEC 31, 2017 WAS $1.02.  Full Article

TerraForm Power Inc Files For Non Timely 10-K
Thursday, 1 Mar 2018 05:30pm EST 

March 1 (Reuters) - TerraForm Power Inc ::TERRAFORM POWER INC FILES FOR NON TIMELY 10-K - SEC FILING‍​.  Full Article

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

Strategic Value Partners LLC Reports 9.4 pct Passive Stake In Terraform Power As Of Dec. 29, 2017
Monday, 8 Jan 2018 03:54pm EST 

Jan 8 (Reuters) - Terraform Power Inc ::STRATEGIC VALUE PARTNERS LLC REPORTS 9.4 PERCENT PASSIVE STAKE IN TERRAFORM POWER INC AS OF DECEMBER 29, 2017 - SEC FILING‍​.  Full Article

TerraForm Power Prices $1.2 Bln Offering Of Senior Notes
Tuesday, 28 Nov 2017 04:26pm EST 

Nov 28 (Reuters) - TerraForm Power Inc ::TERRAFORM POWER PRICES $1.2 BILLION OFFERING OF SENIOR NOTES.TERRAFORM POWER INC - ‍OFFERING IS COMPRISED OF $500 MILLION OF 4.25% SENIOR NOTES DUE 2023 AT AN INITIAL OFFERING PRICE OF 100% OF PRINCIPAL AMOUNT​.TERRAFORM POWER - OFFERING ALSO COMPRISED OF $700 MILLION OF 5.00% SENIOR NOTES DUE 2028 AT INITIAL OFFERING PRICE OF 100% OF PRINCIPAL AMOUNT.  Full Article

Terraform Power Issues Conditional Call Redemption Notice For Senior Notes Due 2023
Monday, 27 Nov 2017 01:50pm EST 

Nov 27 (Reuters) - Terraform Power Inc ::TERRAFORM POWER ISSUES CONDITIONAL CALL REDEMPTION NOTICE FOR ITS $950 MILLION SENIOR NOTES DUE 2023.UNIT DELIVERED NOTICE OF REDEMPTION OF ALL OUTSTANDING $950 MILLION OF 5.875% SENIOR NOTES DUE 2023​.REDEMPTION DATE FOR 2023 NOTES PROVIDED IN NOTICE OF REDEMPTION IS DECEMBER 12, 2017​.  Full Article