TerraForm Power, Inc. (NASDAQ:TERP) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On March 8, 2018, TerraForm Power, Inc. (“TerraForm Power” or the “Company”) issued a press release announcing the reporting of its financial results for the fiscal year ended December 31, 2017. The press release also reported certain financial and operating metrics of TerraForm Power as of or for the quarter ended December 31, 2017. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.
On March 8, 2018, TerraForm Power also posted presentation materials to the Investors section of its website at http://www.terraformpower.com, which were made available in connection with the previously announced March 9, 2018 investor conference call. A copy of the presentation is furnished herewith as Exhibit 99.2.
In the attached press release and presentation, TerraForm Power 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 and presentation.
The information in Item 2.02 of this Current Report on Form 8-K (including the exhibits 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 exhibits 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 and presentation attached as exhibits hereto, this Form 8-K, the press release and presentation 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 and presentation regarding these forward-looking statements.
Item 9.01 Financial Statement and Exhibits.
(d) Exhibits
|
Exhibit No. |
Description |
|
99.1 |
Press release, dated March 8, 2018, titled “TerraForm Power Reports Fourth Quarter and Full Year 2017 Results” |
|
99.2 |
Presentation materials, dated March 8, 2018, titled “TerraForm Power Q4 2017 Supplemental Information” |
TerraForm Power, Inc. ExhibitEX-99.1 2 exhibit991201710-kmar82018.htm EXHIBIT 99.1 Exhibit Exhibit 99.1TerraForm Power Reports Fourth Quarter and Full Year 2017 Financial ResultsBETHESDA,…To view the full exhibit click here
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.