Seeking Alpha

TerraForm Power takes off following IPO; SunEdison pares gains

  • TerraForm (NASDAQ:TERP) opened at $33.26 and is currently at $33.45, up 33.8% from a $25 IPO price.
  • The SunEdison (SUNE +0.3%) solar project YieldCo is worth $3.17B. Its strong debut could pave the way for similar YieldCo offerings from other solar firms. '
  • Deutsche predicted last month its expects ""the emergence of 5-6 publicly traded YieldCos over the next 12-18 months to act as a robust growth enabler" for the solar industry.
  • Prospectus, IPO analysis
  • Prior TerraForm coverage
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs