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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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December 16, 2014
07:42 EDTTERPSunEdison closes $117M solar fund
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December 15, 2014
07:37 EDTTERPSunEdison to invest over $700M to develop 350 MW of solar in Chile
SunEdison (SUNE) announced that the National Energy Commission in Chile has awarded SunEdison a contract to supply 570 gigawatt hours of clean energy a year. SunEdison noted that the National Energy Commission in Chile recently changed the bidding process used to award electricity supply contracts for the regulated market to create a more level playing field across different kinds of energy. With these changes, SunEdison was able to bid on and win supply contracts for 570 gigawatt hours of solar energy. SunEdison was awarded the provision of 190 gigawatt hours per year during the daytime block which begins in 2016 and a further provision of 380 gigawatt hours per during the daytime block which will become operational in 2017. To meet the demand, SunEdison will be investing more than $700M to develop 350 megawatts of utility scale solar photovoltaic power plants throughout the country. The plants will be added to the call right list of TerraForm Power (TERP), a global owner and operator of renewable energy power plants.
December 10, 2014
06:49 EDTTERPTerraForm Power files to sell 11.7M shares of common stock
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