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First Quarter 2016 Results and Financial Highlights
$188 million of Adjusted EBITDA $43 million of Cash Available for Distribution (CAFD) $0.225 per share quarterly dividend paid to Class A and Class C common stock holders ($0.90 per share annualized) on March 15, 2016 representing a 15% year over year increase since the first quarter 20151Increasing Dividend
Announcing an increase in the Class A and Class C common stock dividend to $0.23 per share ($0.92 per share annualized) payable in second quarter of 2016 Reaffirming the target of $0.25 per... MoreMauricio Gutierrez Becomes NRG Yield Chairman of the Board, and John Chillemi Appointed to Board of Directors
PRINCETON, N.J.--(BUSINESS WIRE)-- NRG Yield, Inc. (NYSE: NYLD, NYLD.A) today announced the appointment of Christopher Sotos as President and Chief Executive Officer, effective May 6, 2016. Interim President and Chief Executive Officer Mauricio Gutierrez will transition the role to Mr. Sotos through the second quarter 2016. Mr. Sotos will be employed and compensated solely by NRG Yield.
With Chris extensive expertise in the financial and energy markets, there is no better candidate to lead NRG Yield, said... More
First Quarter 2016 Results and Financial Highlights
$812 million of Adjusted EBITDA $249 million of Free Cash Flow (FCF) before growth investmentsOperational and Strategic Update
Announcing the conclusion of the GreenCo process: Restructuring and streamlining of residential solar business; and Agreed to sell majority interest in EVgo to Vision Ridge Partners NRG intends to offer the remaining 51.05% of CVSR it owns to NRG Yield in the second quarter2016 Financial Guidance and Capital Allocation Update
2016 Guidance reaffirmed and... More
