TerraForm Power, Inc. (NASDAQ:TERP) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.
On April 5, 2017, TerraForm Power Operating, LLC, a subsidiary of
TerraForm Power, Inc., entered into a tenth amendment (the Tenth
Amendment) to its credit and guaranty agreement, dated as of
January 28, 2015 (as amended, the Revolver), with Barclays Bank
PLC, as administrative agent and as lender, and certain other
lenders party to the Revolver.
TerraForm Power, Inc., entered into a tenth amendment (the Tenth
Amendment) to its credit and guaranty agreement, dated as of
January 28, 2015 (as amended, the Revolver), with Barclays Bank
PLC, as administrative agent and as lender, and certain other
lenders party to the Revolver.
The Tenth Amendment extends to April 28, 2017 the date by which
TerraForm Power, LLC must deliver to the administrative agent and
the other lenders its financial statements and accompanying audit
report for the fiscal year ended December 31, 2016 and its
financial plan for the fiscal year ending December 31, 2017.
TerraForm Power, LLC must deliver to the administrative agent and
the other lenders its financial statements and accompanying audit
report for the fiscal year ended December 31, 2016 and its
financial plan for the fiscal year ending December 31, 2017.
The foregoing description of the Tenth Amendment does not purport
to be complete and is qualified in its entirety by reference to
the Tenth Amendment, which is filed as Exhibit 10.1 hereto and is
incorporated herein by reference.
to be complete and is qualified in its entirety by reference to
the Tenth Amendment, which is filed as Exhibit 10.1 hereto and is
incorporated herein by reference.
Item 9.01 Financial Statement and Exhibits.
(d) Exhibits
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Exhibit No.
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Description
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10.1
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Tenth Amendment to Credit and Guaranty Agreement, dated
April 5, 2017 |
About TerraForm Power, Inc. (NASDAQ:TERP)
TerraForm Power, Inc. is a diversified owner of clean power generation assets in developed markets. This includes solar and wind assets located in the United States, Canada, the United Kingdom and Chile. The Company’s 2,967 megawatts renewable energy portfolio enables power production around the clock. TerraForm Power, Inc. (NASDAQ:TERP) Recent Trading Information
TerraForm Power, Inc. (NASDAQ:TERP) closed its last trading session up +0.08 at 12.38 with 521,667 shares trading hands.
