The solar project holding company continues to shell out generous dividends, but project acquisition is on hold pending conclusion of the company’s strategic review.
Despite a challenging financial environment, NRG continues its solar expansion, including an increasing presence in community solar.
A new report from Columbia University suggests some oil and gas industry financing approaches could be applied to the solar and wind industries.
Brookfield has agreed to acquire a 51% stake in yieldco TerraForm Power and plans to become the company’s sponsor, as well as acquiring TerraForm Global outright.
The company’s acquisition of SunEdison’s wind and solar are helping to bring its balance sheet back towards the black.
The joint First Solar/SunPower yieldco reported strong results, including acquiring shares of the Henrietta and Stateline projects.
NASDAQ has sent letters to both yieldcos warning them that the failure to hold annual general meetings in 2016 serves as an “additional” cause for de-listing, after late financial statements.
The yieldco’s overdue filing of its 2015 financial report is a step towards compliance with NASDAQ trading rules; however TerraForm Global’s losses exceeded its revenue in 2015 and the company has warned that it may not be able to continue.
In a conference call the yieldco says that sale of 376 MW of solar projects in the UK is at an advanced stage, and gave additional information on financial metrics.
The yieldco of energy giant NRG reported strong results for Q3, and expects to acquire former SunEdison assets NRG snatched up in a fire sale.
Welcome to pv magazine USA. This site uses cookies. Read our policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.