Maine is Being Ripped up by a new Wall Street Derivatives Scheme called the " Yieldco"

Is This what "Green Power" really means to some Maine high level politicians and,

How long will Mainers allow themselves to be taken by   "the Yieldco"?

Remember that famous movie's  saying about "Plastics" ?

Well, the wind scam's   only future may indeed be  "In Yieldcos", but trust me, they  will always  try  to lower their  financial  risk by screwing the Initial Public Offering investor .

Terraform Power anyone? SEE Risks in the IPO offering please

http://www.sec.gov/Archives/edgar/data/1599947/000119312515005773/d...

then

"In order to retain favorable tax benefits and steady yields, the yieldco business model calls for acquisition of new generation assets as initial portfolio assets approach their contract expirations. This pipeline of assets, or "drop downs," is intended to fuel the yieldco with stable cash flows to deliver above-average dividend growth with below average risk [7]. This drop-down schedule is critical to maintaining cash-flows and beneficial tax treatment and subsequently, is essential to the yieldcos future growth and viability as a long-term financing structure. To reduce the uncertainty of future cash flows and ensure access to assets, agreements such as right of first offer or call rights are common between the yieldco and the parent company. Yieldcos can continue to schedule drop downs for as long as the company wishes to maintain its tax advantaged status and sufficient supply of new operating assets exist [15] or until the business strategy dictates otherwise.
 

see also

High-Yield Limited Partnerships, the Next Home for Renewable Energy Investments

By Reuben Brewer | More Articles 
January 18, 2015 | Comments (0)
One of the big clean-energy trends in the last couple of years has been the creation of so-called yieldcos. These publicly traded companies own and operate renewable and other power facilities that have long-term contracts. They are similar to limited partnerships, or LPs, in some ways, but lack the tax advantages. Sol-Wind Renewable Power LP's IPO plans could be a sign that this is about to change.
What's a yieldco?
When SunEdison  (NYSE: SUNE  ) looks to raise cash for future investment, it can use the typical methods of selling shares, issuing debt, or taking a loan from a bank. The other option is to sell assets, but then SunEdison would lose control of whatever asset it sold. Unless what's sold is noncore, that might not be most desirable way to raise cash.
So, the company chose, instead, to create a yieldco called TerraForm Power  (NASDAQ:TERP  ) . Essentially, SunEdison controls TerraForm. But because TerraForm is its own corporate entity, it can tap the public markets to raise capital. And then use that capital to buy assets from SunEdison. In this way, SunEdison gets to retain control of key assets, getting paid to operate them, while still raising cash from their sale.
Source: Schwnj, via Wikimedia Commons.
The allure for investors is that yieldcos, as the name suggests, are designed to pay shareholders dividends. That's why they tend to own energy projects with long-term contracts. This is, in the end, a bit of fancy footwork that creates something roughly similar to a limited partnership. In a limited partnership, there is a general partner that manages the LP that is often owned by a company with assets it wants to control, but monetize.

http://www.fool.com/investing/general/2015/01/18/high-yield-limited...

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Comment by Dan McKay on January 21, 2015 at 10:38am

This so-called yieldco model is becoming an increasingly common way for renewable-energy developers to raise capital. The developers build new projects and sell them to the affiliated yieldco, using the proceeds to fund additional plants. Recurring revenue from selling electricity provides funds for the yield companies to buy more power plants as they’re built, and provide investors with dividends.

Comment by Eric A. Tuttle on January 19, 2015 at 11:29am

Maine & Federal tax incentives are the first purchasers of this, though not called an IPO. Another investment bubble, on the horizon, Real Estate, Enron, Tech Internet, now the Green Scheme. 

U.S. Sen Angus King

THE UNTOLD STORY OF RECORD HILL WIND

The Untold Story of Record Hill Wind, continued

 

Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

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