TerraForm Power (TERP) Misses Q2 EPS by 10c
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August 6, 2015 6:00 AM EDT
MARYLAND HEIGHTS, Mo., Aug. 6, 2015 /PRNewswire/ --Â SunEdison, Inc. (NYSE: SUNE), the world's largest renewable energy development company, today announced financial results for the 2015 second quarter.
Quarterly Review:
SunEdison Devco: Unmatched Organic Execution
Record 404 MW delivered Q2 vs. guidance of 300-340 MW; up 186 MW year-over-year
1.9 GW of projects under construction, up 1.1 GW quarter-over-quarterÂ
8.1 GW Pipeline and 5.6 GW Backlog, 1.0 GW of gross pipeline additions
4.2 GW - 4.5 GW 2016 guidance initiated, up 50 percent vs. prior...
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August 6, 2015 6:00 AM EDT
Generated Cash Available for Distribution ("CAFD") of $65 million in Q2
Declares increased Q2 dividend of $0.335 per share ($1.34 annualized)
Strong operational performance supported by diversity of 1.9 GW generation fleet
Executed 146 MW of contracted solar power plant drop downs from SunEdison in Q2
Reaffirms full year 2015 and 2016 dividend guidance of $1.35 and $1.75 per share
BETHESDA, Md., Aug. 6, 2015 (GLOBE NEWSWIRE) -- TerraForm Power, Inc. (Nasdaq: TERP), a global owner and operator of clean energy power plants, today... More
