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TerraForm Power Inc (TERP.OQ)

TERP.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

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

Sunedison responds to claims and allegations made by Terraform Power and Terraform Global
Monday, 3 Oct 2016 

Sunedison Inc : "Sunedison disagrees with many of statements, claims and allegations made by Yieldcos in their press releases" . No date has been established yet in bankruptcy cases for objecting to proofs of claims . Sunedison, Inc. Responds to claims and allegations made by Terraform Power, Inc., and Terraform Global, Inc. . Sunedison confirms that settlement discussions with Yieldcos have commenced . Settlement discussions relate to alleged claims asserted by Yieldcos, claims that Sunedison Estate is reviewing,may assert against yieldcos . "will evaluate proposed transactions based on value they deliver to Sunedison's bankruptcy estate" .Anticipated that ultimately there will be resolution of dispute regarding claims alleged by Yieldcos,claims that co holds against yieldcos.  Full Article