TerraForm Global, Inc. (NASDAQ:GLBL) Files An 8-K Results of Operations and Financial Condition

TerraForm Global, Inc. (NASDAQ:GLBL) Files An 8-K Results of Operations and Financial Condition

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Item 2.02. Results of Operations and Financial Condition.

On June 15, 2017, TerraForm Global, Inc. (TerraForm Global or the
Company) issued a press release announcing the reporting of its
financial results, and the filing of its Form 10-K, for the
fiscal year ended December 31, 2016. The press release reported
certain financial and operating metrics of TerraForm Global as of
or for the quarter ended December 31, 2016. The press release
also announced that the Companys 2017 annual meeting of
stockholders (the 2017 Annual Meeting) is expected to be held on
Thursday, June 29, 2017. A copy of the press release is furnished
with this Current Report on Form 8-K as Exhibit 99.1.
In the attached press release, TerraForm Global discloses items
not prepared in accordance with accounting principles generally
accepted in the United States (GAAP), or non-GAAP financial
measures (as defined in Regulation G promulgated by the U.S.
Securities and Exchange Commission). A reconciliation of these
non-GAAP financial measures to the most directly comparable GAAP
financial measures is contained in the attached press release.
The information in Item 2.02 of this Current Report on Form 8-K
(including the exhibit attached hereto) shall not be deemed filed
for the purposes of Section 18 of the Securities Exchange Act of
1934, as amended (the Exchange Act), or otherwise subject to the
liabilities of that Section. The information in Item 2.02 of this
Current Report on Form 8-K (including the exhibit attached
hereto) shall not be incorporated by reference into any filing or
other document under the Securities Act of 1933, as amended, or
the Exchange Act, except as shall be expressly set forth by
specific reference in such filing or document.
Cautionary Note Regarding Forward-Looking Statements. Except for
historical information contained in this Form 8-K and the press
release attached as an exhibit hereto, this Form 8-K and the
press release contain forward-looking statements which involve
certain risks and uncertainties that could cause actual results
to differ materially from those expressed or implied by these
statements. Please refer to the cautionary note in the press
release regarding these forward-looking statements.
Item 8.01. Other Information.
On June 15, 2017, the Company announced that the 2017 Annual
Meeting is expected to be held on Thursday, June 29, 2017. As the
Company did not hold an annual meeting of stockholders in 2016,
to Rule 14a-8 under the Exchange Act, the Company has set a new
deadline for the receipt of any stockholder proposals submitted
to Rule 14a-8 for inclusion in its proxy materials for the 2017
Annual Meeting. In order to be considered timely, such
stockholder proposals must have been received by the Company no
later than June 14, 2017. This deadline will also apply in
determining whether notice is timely for purposes of exercising
discretionary voting authority with respect to proxies for
purposes of Rule 14a-4(c) under the Exchange Act.
All stockholder proposals submitted to Rule 14a-8 under the
Exchange Act must be delivered to or mailed and received at the
principal executive offices of the Company, at TerraForm Global,
Inc., 7550 Wisconsin Ave., 9th>Floor, Bethesda,
Maryland 20814. The Companys Amended and Restated Bylaws also
specify certain requirements regarding the form and content of
notices of stockholder proposals. The Company reserves the right
to reject, rule out of order or take other appropriate action
with respect to any proposal that does not comply with these and
other applicable requirements.
Item 9.01 Financial Statement and Exhibits.
(d) Exhibits
Exhibit No.
Description
99.1
Press release, dated June 15, 2017, titled TerraForm
Global Reports 4Q 2016 and FY 2016 Financial Results
and Files Form 10-K


About TerraForm Global, Inc. (NASDAQ:GLBL)

TerraForm Global, Inc. is a renewable energy company. The Company owns and operates clean energy power plants. The Company’s segments include Solar, Wind and Corporate. The Company serves a range of utility, commercial, industrial, residential and government customers through energy production with over 40 projects across approximately 70 sites in various markets. The Company’s projects include Brakes, ESP Urja, Boshof, Silverstar Pavilion, NSM Sitara, Dunhuang, Salvador, Hanumanhatti, Focal, Alto Cielo, Witkop and others. The Company’s over 917 megawatts (MW) portfolio enables around the clock energy production. The Company’s solar and wind projects are located across various regions, including Brazil, India, South Africa, China, Thailand, Malaysia and Uruguay. The Company is a subsidiary of SunEdison, Inc. The Company’s subsidiaries include TerraForm Global, LLC and TerraForm Global Operating, LLC.

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