NRG Yield (NYLD) Raises Quarterly Dividend 4.2% to $0.25; 6.6% Yield

NRG Yield, Inc. Reports Third Quarter 2016 Financial Results, Updates 2016 and Initiates 2017 Financial Guidance, Increases Fourth Quarter Dividend by 4.2%

Updating 2016 Financial Guidance to reflect both the year-to-date Drop Down Assets from NRG Energy, Inc. (NRG) and for business outperformance primarily in the Renewable Segment Raised over $200 million in excess cash from recent financings, including the October issuance of $125 million in non-recourse project debt at the Thermal Segment Initiating 2017 Financial Guidance which excludes impacts from the deployment of excess cash through 2017 Increasing quarterly dividend by 4.2%, achieving 16% year-over-year dividend per share growth Executed turnkey agreement with NRG for construction of... More

NRG Yield Appoints Chad Plotkin as Chief Financial Officer

PRINCETON, N.J.--(BUSINESS WIRE)-- NRG Yield, Inc. (NYSE:NYLD, NYLD.A) today announced the appointment of Chad Plotkin as Senior Vice President and Chief Financial Officer. With over nineteen years of experience, Plotkin will oversee the company's financial operations and will play a key role in the development and implementation of NRG Yield's corporate and financial strategies. His appointment as Chief Financial Officer will be effective on November 7, 2016, and he will report to Christopher Sotos, NRG Yields President and Chief Executive Officer.

Chad Plotkin succeeds Kirkland B. Andrews, who will continue in his... More