TerraForm Global, Inc.

Most Recent

  • uploads///Part
    Company & Industry Overviews

    TerraForm Global: SunEdison’s Other Yieldco

    SunEdison (SUNEQ) formed TerraForm Global in early 2015 to own and operate renewable energy assets in emerging markets.

    By Alexis Tate
  • uploads///Part
    Company & Industry Overviews

    What Is a Yieldco?

    A yieldco is an investment vehicle formed by a parent company to own operating assets. They’re expected to generate stable cash flows.

    By Alexis Tate
  • uploads///part_
    Company & Industry Overviews

    SunEdison’s Business Model and How It Works

    The Renewable Energy Development segment provides integrated renewable energy (PBW) services that include design, installation, and overseeing operations of clean energy projects.

    By Alexis Tate
  • uploads///Part
    Company & Industry Overviews

    Vivint Solar Acquisition Plan Triggered SunEdison’s Collapse

    SunEdison (SUNEQ) announced the intent to acquire residential rooftop solar (TAN) power provider Vivint Solar (VSLR) on July 19, 2015. However, the market reacted negatively.

    By Alexis Tate
  • uploads///PArt
    Company & Industry Overviews

    What’s the Story behind SunEdison’s Bankruptcy?

    Factors that spearheaded SunEdison’s bankruptcy were leveraged acquisitions and the liquidity crisis.

    By Alexis Tate
  • uploads///vivint solar
    Miscellaneous

    Vivint Solar Acquisition Announcement Triggered SunEdison’s Fall

    On July 20, 2016, SunEdison (SUNEQ) announced the acquisition of leading residential rooftop solar player Vivint Solar (VSLR).

    By Sheldon Krieger
  • uploads///acquisitions
    Miscellaneous

    What Was SunEdison’s Path to Bankruptcy?

    The major factors that led to SunEdison’s bankruptcy were leveraged acquisitions and the liquidity crisis. More than the macro factors, SunEdison’s fall appears to be self-made.

    By Sheldon Krieger
  • uploads///Part
    Company & Industry Overviews

    Does TerraForm Global Offer a Value Investing Opportunity?

    Based on our preliminary analysis, we can see that SunEdison (SUNE) seems to be under a lot of stress, financially and operationally.

    By Mike Sonnenberg
  • uploads///Part
    Company & Industry Overviews

    SunEdison: Why $2.4 Billion in Liquidity May Not Be Enough

    SunEdison (SUNE) reported $2.4 billion in cash and cash equivalents (including marketable securities) as of September 30, 2015.

    By Mike Sonnenberg
  • uploads///Part
    Company & Industry Overviews

    TerraForm Global Boasts a Better Balance Sheet than Peers

    Compared to SunEdison and TerraForm power, TerraForm Global seems to be in a better financial position with a large part of total assets parked in cash.

    By Mike Sonnenberg
  • uploads///Part
    Company & Industry Overviews

    Is SunEdison Caught in a Debt Trap?

    Debt So far in this series, we’ve looked at operating metrics, liquidity, and fixed assets for SunEdison (SUNE) and its family, including TerraForm Power (TERP) and TerraForm Global (GLBL). Without discussing debt and related metrics, we can’t test the hypothesis in the series title properly. The most important reason for the recent fall in SunEdison’s […]

    By Mike Sonnenberg
  • uploads///Part
    Company & Industry Overviews

    SunEdison Keeps Crashing and Burning—Now Even Faster

    SunEdison (SUNE) has two publicly traded subsidiaries. It offers us the opportunity to analyze each company separately, aiding our quest for value.

    By Mike Sonnenberg
  • uploads///Part
    Company & Industry Overviews

    Why Care about SunEdison and TerraForm’s Losing Spree?

    SunEdison (SUNE), TerraForm Power (TERP), and TerraForm Global (GLBL) have been in the news in recent weeks due to a massive outflow of funds.

    By Mike Sonnenberg
  • uploads///Part
    Earnings Report

    Why Has SunEdison Fallen since Its 3Q15 Earnings Announcement?

    SunEdison reported its 3Q15 earnings on November 9, 2015. The company reported a loss per share (or LPS) of $0.91 in 3Q15.

    By Mike Sonnenberg
  • uploads///part  debt
    Earnings Report

    FirstSolar and SunEdison: What’s the Biggest Difference?

    SunEdison (SUNE) is highly leveraged with total debt of $10.7 billion on its books as of June 30, 2015. This includes the debt on TerraForm Power (TERP) and TerraForm Global’s (GLBL) books.

    By Mike Sonnenberg
  • uploads///part
    Earnings Report

    SunEdison or FirstSolar? Diversification or a Strong Focus?

    FirstSolar (FSLR) nailed its 2Q15 earnings. The company’s focus on solar power differentiates it from SunEdison (SUNE).

    By Mike Sonnenberg
  • uploads///part
    Earnings Report

    FirstSolar Records Subdued 1H15 Profits, SunEdison Steady Losses

    Despite a very favorable 2Q15, FirstSolar (FSLR) reported $13.0 million in operating losses in 1H15 compared to an operating profit of $141.2 million in 1H14.

    By Mike Sonnenberg
  • uploads///part  glbl
    Earnings Report

    SUNE’s TerraForm Global Goes Public, to Focus on Emerging Markets

    After launching TerraForm Power (TERP) in 2014, SunEdison (SUNE) launched an IPO of its much hyped emerging market yieldco, TerraForm Global (GLBL), in July 2015.

    By Mike Sonnenberg
  • uploads///part  sune reco
    Earnings Report

    FirstSolar Focuses on Dollars while SunEdison Focuses on Megawatts

    While FirstSolar’s (FSLR) guidance focuses on dollars, SunEdison’s (SUNE) guidance focuses more on capacities.

    By Mike Sonnenberg
  • uploads///Part  SUNE Interest Expenses
    Earnings Report

    Why Did SunEdison’s Costs Rise in 2Q15?

    Unlike FirstSolar (FSLR), which manufactures much of its solar panel requirements in-house, SunEdison (SUNE) procures its requirements from outside vendors.

    By Mike Sonnenberg
  • uploads///PArt
    Earnings Report

    FirstSolar and SunEdison’s Cost Performance in 1H15

    While FirstSolar (FSLR) exhibited impressive cost performance in 2Q15, its 1H15 cost performance was marred by poor 1Q15 performance.

    By Mike Sonnenberg
  • uploads///Part  sune
    Earnings Report

    SunEdison Reports Modest Revenue Growth in 2Q15

    While FirstSolar (FSLR) reported a 65% increase in its revenues primarily by selling projects to Southern Company (SO), SunEdison (SUNE) gave up on higher revenue growth by retaining projects.

    By Mike Sonnenberg
  • uploads///PArt  sunEdison growth
    Earnings Report

    Why Analyze FirstSolar and SunEdison’s 2Q15 Earnings Together?

    FirstSolar (FSLR) and SunEdison (SUNE) have a lot in common. Both these companies earn over half of their total revenues from building solar power plants.

    By Mike Sonnenberg
  • uploads///Junk Bond Yields in  and
    Company & Industry Overviews

    TerraForm Global Was the Highest Junk Bond Issuer Last Week

    Junk bond issuance activity was subdued in the week ended July 31 as issuers remained wary of the volatility in the commodities markets and the fall in Chinese equities.

    By David Ashworth
    • CONNECT with Market Realist
    • Link to Facebook
    • Link to Twitter
    • Link to Instagram
    • Link to Email Subscribe
    Market Realist Logo
    Do Not Sell My Personal Information

    © Copyright 2021 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.