Sentences with phrase «renewables yieldco»
Big holdings now include NextEra, a US - focused renewables yieldco, as well as Finnish outfit Fortum and Spanish renewables giant Iberdrola.
https://moneyweek.com/ Not exact matches
Yieldcos are publicly traded units that hold renewable energy assets such as solar power plants and wind farms, including those bought from the sponsor or the parent company.
Brookfield Renewable Partners is a bit unique among yieldcos in that it tries to grow organically.
However, realising the error of its ways, it decided to refocus on renewable power, yieldcos and infrastructure.
Yieldcos like Brookfield Renewable Partners (NYSE: BEP), TerraForm Power (NASDAQ: TERP), Pattern Energy (NASDAQ: PEGI), and NRG Yield (NYSE: NYLD)(NYSE: NYLD - A) have yields of over 5 % along with long - term contracted cash flows to sell energy to utilities.
In April the world's largest renewable energy developer, SunEdison, went belly - up, leaving a financial mess at its two yieldcos and gigawatts of assets to be snatched up for pennies on the dollar.
Equity raising by renewable energy companies on public markets jumped 54 % in 2014 to $ 15.1 billion, helped by the recovery in sector share prices between mid-2012 and March 2014, and by the popularity with investors of US «yieldcos» and their European equivalents, quoted project funds.
Once the world's largest renewable energy developers, SunEdison's bankruptcy threw into doubt the financial security of the renewable energy sector and of the viability of the yieldco, a popular financing tool for such companies.
In response to First Solar's statement, SunPower confirmed that it will coordinate with First Solar on this review of the yieldco, with SunPower CEO and president Tom Werner stressing: «We will work with our financial advisors to evaluate all alternatives for our investment in 8point3, including a potential replacement partner for First Solar, as we believe 8point3 can continue to benefit from owning long - term, high quality renewable assets.»
UK yieldcos, publicly listed companies that own operational renewable energy projects, are delivering good returns for investors and outperforming US equivalents, according to a report from Imperial College Business School.