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Brookfield to Acquire Controlling Stake and Assume Sponsorship of TerraForm Power

Mar 7, 2017 - GlobeNewswire
Mergers and Acquisitions - Bankruptcy

Brookfield to become cornerstone investor in TerraForm Power with 51% ownership TerraForm Power Class A shareholders to receive $11.46 per share in cash with option for shareholders to elect shares in order to participate in future upside potential  Brookfield is a world-class sponsor, providing numerous benefits to TerraForm Power - Management expertise in operating renewable assets with decades of experience - Financial strength to help TerraForm Power improve its access to capital- ~3,500

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