Oppenheimer Remains Bullish Following 8point3 Energy Partners' (CAFD) 3Q Report

8point3 Energy Partners Reports Third Quarter 2016 Results

September 20, 2016 4:10 PM EDT

SAN JOSE, Calif., Sept. 20, 2016 /PRNewswire/ -- 8point3 Energy Partners LP (NASDAQ: CAFD) today announced financial results for its third fiscal quarter ended August 31, 2016.

Exceeds Q3 2016 revenue, net income, Adjusted EBITDA and cash available for distribution ("CAFD") guidance Announced agreement to acquire 49 percent interest in 102-MW Henrietta solar project Declared Q3 2016 distribution of $0.2406 per share, an increase of 3.5 percent over the Q2 2016 distribution Forecasts Q4 2016 distribution of $0.2490 per... More

8point3 Energy Partners Enter Into Agreement to Acquire 49 Percent Stake in 102-MW Henrietta Solar Project

September 20, 2016 4:05 PM EDT

SAN JOSE, Calif., Sept. 20, 2016 /PRNewswire/ -- 8point3 Energy Partners (NASDAQ: CAFD) today announced that it has entered into an agreement to acquire SunPower Corp.'s (NASDAQ: SPWR) 49 percent stake in its 102-megawatt (MW) Henrietta solar project for $134 million. 

"Our acquisition of SunPower's 49 percent minority interest in Henrietta further re-enforces our long-term strategy of adding high quality solar projects from our sponsors, with investment grade off-takers, to our portfolio," said Chuck Boynton, CEO of 8point3 Energy... More

8point3 Energy Partners Declares 3.5 Percent Increase in Quarterly Distribution

September 19, 2016 4:30 PM EDT

SAN JOSE, Calif., Sept. 19, 2016 /PRNewswire/ -- 8point3 Energy Partners LP (NASDAQ: CAFD) announces that the Board of Directors of its general partner declared a cash distribution for its Class A shares of $0.2406 per share for the third quarter of 2016.  This represents an... More