trending Market Intelligence /marketintelligence/en/news-insights/trending/5JX-zuZPzzMQ8EDGNp_7mQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

TerraForm Power Q4'18 adjusted EBITDA improves YOY but misses estimates

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August


TerraForm Power Q4'18 adjusted EBITDA improves YOY but misses estimates

TerraForm Power Inc. on March 14 reported fourth-quarter 2018 adjusted EBITDA of $170 million, an increase from $110 million in the same quarter of 2017. The S&P Global Market Intelligence consensus adjusted EBITDA estimate for the quarter was $179.7 million.

Cash available for distribution was $27 million, or 13 cents per share, compared with $26 million, or 18 cents per share, in the fourth quarter of 2017. The company narrowed fourth-quarter net loss $30 million, or 7 cents per share, from a loss of $142 million, or 31 cents per share, a year earlier.

Generation for the quarter totaled 2,214 GWh, up from 1,852 GWh in the year-ago period.

For the full year of 2018, TerraForm Power posted adjusted EBITDA of $590 million, an increase from $438 million a year ago. The S&P Global Market Intelligence consensus adjusted EBITDA estimate was $600.2 million.

Cash available for distribution increased to $126 million, or 69 cents per share, in 2018, from $88 million, or 62 cents per share, in the previous year.

The company booked a net loss of $153 million, or earnings of 7 cents per share, in 2018. These compare to net losses of $236 million, or $1.61 per share, in 2017.

Generation totaled 8,088 GWh in 2018, compared with 7,167 GWh in 2017.

TerraForm Power will pay a quarterly dividend on its class A common stock of 20.14 cents per share on March 29 to stockholders of record March 24.

TerraForm Power is sponsored by Brookfield Asset Management Inc.