Among the complications that SunEdison's bankruptcy has caused for its yieldcos TerraForm Power and TerraForm Global is a complication of finances. And while neither company has yet provided its annual financial report for 2015, TerraForm Power and Global yesterday released presentations with their latest estimates for 2016. While attempting to play up the strengths of the yieldcos for investors and potentially new owners, these presentations show that the fallout from the bankruptcy of their sponsor is still having impacts. Both TerraForm Power and Global expect to report losses this year, with TerraForm expecting losses of US$105-$145 on revenue of $664-$679 million, and Global expecting a net loss of only $11-$15 million on revenue of $215 - $242 million. And while free cash also decreased at both yieldcos from Q2 to Q3, the companies are making progress with debt and financing. TerraForm Power secured $90 million in project-level financing for its solar projects in Canada through a 7-year loan, $70 million of which was used to pay down its revolver. Meanwhile Global paid off $135 million of its revolving ...Den vollständigen Artikel lesen ...