.....We are a high-growth, globally diversified renewable energy company that owns long-term contracted wind, solar and hydro-electric power plants. Our business objective is to increase our dividend to stockholders by continuing to acquire, from SunEdison and unaffiliated third parties, clean power generation assets that produce high-quality, long-term contracted cash flows, primarily by serving utility and commercial customers with strong credit profiles......
TerraForm Global is a YieldCo owned by SunEdison. Their purpose is to act like a Mini Stock Market to interact ( obtaining local acquisitions, providing them funding for profits) in other nations where SunEdison can not acquire companies. They announced their IPO to start at $14, opened with offers of $15 and averaged $18 per share for 45 million shares. $810 million raised, in hopes to return $231MM in a year and a half. (roughly 19%)
This seems attractive as an investor, but seldom realized at the stockholder level, as the lions share will go to SunEdison. That is what a YieldCo is about, making money for its creator.
PTC's traded to Fossil Fuel production facilities to make their power look green and PPA's acting as long term collateral which Maine can not undo once allowed need to be terminated in future projects. This is Price Fixing by any other name. With Increases allowed to boot.