William Bradley: Jerry Brown, Arnold Schwarzenegger, or Gray Davis? Which Governor Spearheaded California’s Climate Change Program?
Here’s a nightmare for you: at night, when you’re asleep and you think things are quiet, there are vampires sucking power out of your house and increasing your electric bill. The fact of the matter is that every plugged in electrical device in your home uses a small amount of standby power -- even if you think these devices are off.
Two weeks ago TerraForm Global, Inc. filed yet another amendment to its S-1 registration statement as the SunEdison, Inc. (SUNE: NYSE) spinout grinds forward with its initial public offering. TerraForm is a collection of SunEdison’s renewable energy properties, primarily its solar, wind and hydro-electric power generation facilities around the world. The current portfolio sums up to over 1,400 megawatts in total generating capacity, of which over 900 are spoken for through power purchase commitments that cover the next 19 years. On a pro forma basis, the assets produced $298.9 million in total revenue, providing $44.1 million in net income. [Read more...]
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