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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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April 22, 2015
07:11 EDTTERPSunEdison to convert landfill site in Winchendon to 2.6 MW solar power plant
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April 21, 2015
07:16 EDTTERPSunEdison and TerraForm close financing for portfolio of 97 MW of solar projects
SunEdison (SUNE) and TerraForm (TERP) announced that they have closed financing of a 97 megawatts DC portfolio of utility-scale photovoltaic solar projects in the UK that were connected during the first quarter of 2015. The portfolio is comprised of eight large-scale solar farms across England and Wales that will have the combined capacity to power nearly 30,000 homes per year. Individual project size varies from 6 to 19 MW. Financing for the construction of the solar farms has been provided by Bayerische Landesbank, which provided a GBP 84.6 million non-recourse loan. EDF Energy, the UK's largest producer of low-carbon electricity, will purchase the solar energy under a 15-year power purchase agreement with SunEdison. As announced on March 31, 2015, TerraForm Power has acquired plants with a capacity of 53 MW from this portfolio. It intends to acquire the remaining 44 MW, currently included on SunEdison's Call Right Project List for TerraForm Power, during the second quarter of 2015.
April 17, 2015
07:38 EDTTERPTerraForm price target raised to $45 from $40 at JPMorgan
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April 16, 2015
10:00 EDTTERPOn The Fly: Analyst Initiation Summary
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07:03 EDTTERPTerraForm initiated with a Sector Weight at KeyBanc
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