TerraForm Power (TERP) Reports Q3 Loss of 15c/Share, Increases CAFD Guidance

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TerraForm Power Reports 2014 Third Quarter Financial Results

November 5, 2014 4:45 PM EST

Company Raises 2015 CAFD Guidance, Announces Completion of Sponsor Drop Downs, Advances 3rd Party M&A Strategy

Generates strong Cash Available for Distribution ("CAFD") of $30 million in Q3 Announces completion of 50 Megawatt ("MW") drop down, the first from SunEdison Executes two distributed generation acquisitions from third parties, adding 103 MW Raises 2015 CAFD guidance from $127 million to $156 million, an increase of 23%

BELTSVILLE, Md., Nov. 5, 2014 (GLOBE NEWSWIRE) -- TerraForm Power, Inc. (Nasdaq: TERP), a global owner and... More