Avondale Partners Downgrades NRG Yield (NYLD) to Market Perform

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NRG Yield Announces $150,000,000 At-The-Market (ATM) Equity Offering Program

August 9, 2016 7:50 AM EDT

PRINCETON, N.J.--(BUSINESS WIRE)-- NRG Yield, Inc. (the Company or NRG Yield) (NYSE: NYLD, NYLD.A) today announced a $150,000,000 At-The-Market (ATM) equity offering program and announced that it and NRG Yield LLC entered into an Equity Distribution Agreement (the Agreement) Barclays Capital Inc., Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and RBC Capital Markets, LLC (collectively, the Agents). Pursuant to the terms of the Agreement, the Company may offer and sell shares of the Companys Class C common stock, par value $0.01 per share, from time to time through the Agents, as the Companys sales agents for the offer and... More

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