3 Reasons TerraForm Power's CEO Believes 2018 Was a Smashing Success [The Motley Fool]
TERRAFORM POWER (TERP)
Last terraform power earnings: 3/17 06:50 am
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Source: The Motley Fool
3 Reasons TerraForm Power's CEO Believes 2018 Was a Smashing Success When renowned value creator Brookfield Asset Management ( NYSE:BAM TerraForm Power NASDAQ:TERP The companies made "significant progress" on their plan during 08, according to TerraForm Power CEO John Stinebaugh on the fourth-quarter conference call Image source: Getty Images. . We expanded our renewable energy portfolio Stinebaugh stated on the call that the first pillar of the company's value-creating strategy was to "invest on a value basis in operating wind and solar assets in North America and Western Europe." The company did that by "invest[ing] $. billion to acquire Saeta, increasing our asset base by 0%. With Saeta, we acquired a ,000-megawatt portfolio of high-quality wind and solar assets primarily in Spain at a very attractive value, and we established a scaled operating platform from which we will continue to build our European operations." The company was able to get a good deal on Saeta due to some uncer
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