TerraForm Power (TERP) Reports Q3 Loss of $0.16/Share

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Go back to TerraForm Power (TERP) Reports Q3 Loss of $0.16/Share

TerraForm Power Reports Third Quarter 2018 Results

November 8, 2018 5:30 PM EST

NEW YORK, Nov. 08, 2018 (GLOBE NEWSWIRE) -- TerraForm Power, Inc. (Nasdaq: TERP) (TerraForm Power) today reported financial results for the three months ended September 30, 2018.

Recent Highlights

Successfully commissioned the battery energy storage replacement project in Hawaii on budget and ahead of scheduleCommenced implementation of GE long-term service agreements (LTSAs) for 1.6 GW North American wind fleet, which we expect will deliver significant cost savings, improve performance of fleet to our long-term expectation, and further increase our wind output through deployment of GEs proprietary technologyProgressed solar... More