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Stock Market & Financial Investment News

News Breaks
July 23, 2014
16:55 EDTTERPAltai Capital reports 6.5% stake in TerraForm Power
On May 28, the company announced that Steven Tesoriere, managing principal of the Investment Manager, had been appointed to the Board of Directors. In addition, Altai Capital has engaged and may in the future engage in discussions with and/or meet with management, the Board of Directors of the company and other shareholders and/or formulate plans or proposals regarding the company or its securities. As part of such activities, Altai Capital may take positions or make proposals with respect to potential changes in the operations, management, Board of Directors composition, ownership, capital structure, strategy and future plans of the company as a means of enhancing shareholder value.
News For TERP From The Last 14 Days
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January 21, 2015
07:04 EDTTERPSunEdison and TerraForm Power secure financing for solar project in UK
SunEdison (SUNE) and TerraForm Power (TERP) have secured financing to build five large-scale solar farms in the UK which will generate 85.2MW of electricity. The projects are expected to be acquired by Terraform in early 2015. Financing for the solar farms has been provided by Santander (SAN) Global Banking and Markets and Bayerische Landesbank, who acted as arrangers and Santander UK who acted as agent. The total amount financed was GBP70M. SunEdison has begun construction on all five sites, and will complete them in Q1.
January 15, 2015
18:47 EDTTERPTerraForm Power 12M share Secondary priced at $29.33
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January 14, 2015
16:06 EDTTERPTerraForm Power files to sell $350M in common stock
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