Solar stocks are having a good day (TAN +2.8%). One possible reason: a weekend FT report that...

Solar stocks are having a good day (TAN +2.8%). One possible reason: a weekend FT report that observes bankers are close to securitizing solar panel leases into bonds. Functioning much like MBS', solar bonds would package panel leases and be supported by cash flows from related electricity purchase commitments. SPWR +9.8%. SOL +6.1%. YGE +6.5%. STP +5.5%. FSLR +5.5%. LDK +4.5%. JASO +4.5%. TSL +4.4%. (also)
From other sites
Comments (4)
  • Jason Tillberg
    , contributor
    Comments (1326) | Send Message
    not a bad idea.
    11 Feb 2013, 11:45 AM Reply Like
  • xwinner
    , contributor
    Comments (15) | Send Message
    hum, it looks like a Solar subprimes....
    11 Feb 2013, 12:30 PM Reply Like
  • keu4bike
    , contributor
    Comments (435) | Send Message
    The question is how much subsidy and tax advantage is built into the revenue stream to support the bonds.


    Once the solar is installed, the portion of the revenue stream priced according to prevailing electric buy rates is pretty safe.


    Given the ongoing politics of solar, I'd be pretty nervous about the subsidy/tax advantage/preferential portion of the revenue stream more than five years out.
    11 Feb 2013, 01:56 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (11168) | Send Message
    Man the absolute zombie-like search for yield (brains!!) is getting really scary.


    Thanks, Mr. Bernanke NOT!!
    11 Feb 2013, 07:12 PM Reply Like
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