TerraForm Power Operating LLC, founded in 2014 and headquartered in New York City, is a leading owner and operator of renewable energy projects focused on solar and wind power generation. The company operates a diversified portfolio of clean energy assets designed to generate long-term, sustainable cash flows for its investors.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| TERP 4.75% 2030-01-15 USDTerraForm Power Operating LLC | United States | 2030-01-15 | 4.750 | 5.57 |
| TERP 4.75% 2030-01-15 USDTerraForm Power Operating LLC | United States | 2030-01-15 | 4.750 | 5.63 |
| TERP 5.00% 2028-01-31 USDTerraForm Power Operating LLC | United States | 2028-01-31 | 5.000 | 5.31 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
TerraForm Power has a history of robust bond issuances, beginning shortly after its inception with its first bond offering in 2015, which raised $450 million at a competitive yield. In 2021, the company issued $1 billion in senior notes, which were well-received by the market and aimed to refinance existing debt while supporting growth initiatives. Currently, its bonds yield approximately 4.5%, aligning closely with industry averages, but are distinguished by their green bond certification, promoting environmentally conscious investment. Recent reports indicate heightened investor interest due to the company's strong performance in renewable energy generation and positive outlook in legislative support for clean energy technologies.