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TerraForm Power, Inc. Reports Fourth Quarter 2014 Financial Results

February 18, 2015 4:12 PM EST

Generates Cash Available for Distribution ("CAFD") of $17 million in Q4 Q4 dividend increase of 20%, $1.08 per share on an annualized basis Grows portfolio to 1.5 GW and doubles drop down inventory to 3.3 GW with First Wind acquisition Reaffirms 2015 CAFD guidance of $214 million and dividend guidance of $1.30 per share

BETHESDA, Md., Feb. 18, 2015 (GLOBE NEWSWIRE) -- TerraForm Power, Inc. (Nasdaq: TERP), a global owner and operator of clean energy power plants, today reported fourth quarter 2014 financial results and reaffirmed its 2015 guidance.

"TerraForm... More