NRG Yield (NYLD) Misses Q2 EPS by 5c

Go back to NRG Yield (NYLD) Misses Q2 EPS by 5c

NRG Yield, Inc. Reports Second Quarter 2016 Financial Results

August 9, 2016 6:14 AM EDT

Reaffirming 2016 Financial Guidance Increasing quarterly dividend by 4.3% and reaffirming 15% annualized dividend per share growth through 2018 Raised $97.5 million in cash from new non-recourse project financing Executed agreement with NRG to acquire 51.05% interest in the California Valley Solar Ranch (CVSR) project Investments in distributed solar with NRG nearing $150 million

PRINCETON, N.J.--(BUSINESS WIRE)-- NRG Yield, Inc. (NYSE: NYLD, NYLD.A) today reported second quarter 2016 financial results including Net Income of $58 million, Adjusted EBITDA of $240 million, Cash from Operating Activities of... More