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TerraForm Power Inc (TERP.OQ)

TERP.OQ on NASDAQ Stock Exchange Global Select Market

11.77USD
7:54pm GMT
Change (% chg)

$-0.10 (-0.84%)
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$11.87
Open
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Day's High
$12.00
Day's Low
$11.76
Volume
66,623
Avg. Vol
186,776
52-wk High
$14.20
52-wk Low
$10.03

Latest Key Developments (Source: Significant Developments)

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

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 

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 

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

Terraform Power Announces Proposed $1 Billion Offering Of Senior Notes
Monday, 27 Nov 2017 

Nov 27 (Reuters) - Terraform Power Inc ::TERRAFORM POWER ANNOUNCES PROPOSED AGGREGATE $1 BILLION OFFERING OF SENIOR NOTES.TERRAFORM POWER INC - SENIOR NOTES TO BE ISSUED IN ONE OR MORE SERIES WILL HAVE MATURITIES UP TO ABOUT 10 YEARS​.TERRAFORM POWER - UNIT INTENDS TO USE PROCEEDS TO REDEEM IN FULL EXISTING $950 MILLION SENIOR NOTES DUE IN 2023​.  Full Article

TerraForm Power files for offering of up to 34.3 mln shares of class A common stock
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - TerraForm Power Inc :TerraForm Power Inc files for offering of up to 34.3 million shares of class A common stock ‍​by the selling stockholders - SEC filing.  Full Article

Terraform Power posts Q3 net loss per share $0.31‍​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Terraform Power Inc :Terraform Power reports third quarter 2017 results.Terraform Power Inc - qtrly net loss per share $ 0.31‍​.Terraform Power Inc - qtrly net operating revenues $153.4 million versus $178.1 million.Q3 earnings per share view $-0.27, revenue view $153.3 million -- Thomson Reuters I/B/E/S.  Full Article

Terraform Power Operating enters new senior secured revolving credit facility‍​ ‍​
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Terraform Power Inc :Terraform Power Inc - on October 17, Terraform Power Operating LLC, unit of co, entered into a new senior secured revolving credit facility‍​ ‍​.Terraform Power Inc - ‍new revolver consists of a revolving credit facility in an initial amount of $450.0 million​.Terraform Power Inc - ‍new revolver will be used to refinance existing revolver entered into by TERP operating in January 2015 and for other​ purposes.  Full Article

Terraform Power sees FY 2017 pro-forma revenue $575 mln to $595 mln - presentation slides
Tuesday, 17 Oct 2017 

Oct 17 (Reuters) - Brookfield Asset Management Inc : :Terraform Power ‍​sees FY 2017 pro-forma revenue $575 million to $595 million - presentation slides.Terraform Power Inc - sees ‍2017 pro-forma cash available for distribution (CAFD) $105-125 million​.Terraform Power Inc - sees ‍2017 pro-forma net loss $185-205 million​.Terraform Power Inc - sees 2017 pro-forma ‍adj. EBITDA $430 - $450 million ​.  Full Article

TerraForm Power says ‍stockholders as of merger effective time to receive special dividend of $1.94 per share​
Friday, 13 Oct 2017 

Oct 13 (Reuters) - TerraForm Power Inc -:TerraForm Power Inc announces stock oversubscription in merger consideration election.TerraForm Power Inc - ‍stockholders as of merger effective time to receive special dividend of $1.94 per share​.TerraForm Power Inc - ‍expected ex-dividend date for special dividend of Tuesday, October 17, 2017​.TerraForm Power Inc -‍special dividend to be payable in cash to Class A stockholders of record on closing date, prior to effective time of merger​.  Full Article

TerraForm Power announces merger and sponsorship transaction with Brookfield
Friday, 6 Oct 2017 

Oct 6 (Reuters) - TerraForm Power Inc :TerraForm power announces merger and sponsorship transaction with Brookfield to close on october 16, 2017.Stockholders approve merger and sponsorship transaction​.Declared a special dividend of $1.94 per share​.Deadline to elect form of consideration for Brookfield deal is thursday, october 12, 2017​.  Full Article

BRIEF-Appaloosa Takes Share Stake In Comcast, Cuts In Terraform Power

* APPALOOSA TAKES SHARE STAKE OF ABOUT 2 MILLION CLASS A SHARES IN COMCAST CORP‍​ - SEC FILING