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SEC Filings
10-K
TERRAFORM POWER, INC. filed this Form 10-K on 07/21/2017
Entire Document
 

TERRAFORM POWER, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In thousands)
(CONTINUED)

 
Year Ended December 31,
2016
 
2015
 
2014
Cash flows from financing activities:
 
 
 
 
 
Proceeds from issuance of Class A common stock
$

 
$
921,610

 
$
770,421

Proceeds from Senior Notes due 2023

 
945,962

 

Proceeds from Senior Notes due 2025

 
300,000

 

Proceeds from Term Loan

 

 
575,000

Repayment of Term Loan

 
(573,500
)
 
(1,500
)
Proceeds from bridge loan

 

 
400,000

Repayment of bridge loan

 

 
(400,000
)
Proceeds from Revolver

 
890,000

 

Repayment of Revolver
(103,000
)
 
(235,000
)
 

Borrowings of non-recourse long-term debt
86,662

 
1,450,707

 
471,923

Principal payments on non-recourse long-term debt
(156,042
)
 
(517,600
)
 
(341,191
)
Due to SunEdison, net
(32,256
)
 
(138,923
)
 
199,369

Sale of membership interests in renewable energy facilities
16,685

 
349,736

 
164,742

Distributions to non-controlling interests
(23,784
)
 
(28,145
)
 
(1,323
)
Repurchase of non-controlling interests in renewable energy facilities
(486
)
 
(63,198
)
 

Distributions to SunEdison

 
(58,291
)
 

Net SunEdison investment
42,463

 
149,936

 
405,062

Payment of dividends

 
(88,705
)
 
(7,249
)
Debt financing fees
(17,436
)
 
(59,672
)
 
(54,060
)
Debt prepayment premium

 
(6,412
)
 

Change in restricted cash for principal debt service

 

 
1,897

Net cash (used in) provided by financing activities
(187,194
)
 
3,238,505

 
2,183,091

Net (decrease) increase in cash and cash equivalents
(59,090
)
 
160,442

 
467,682

Effect of exchange rate changes on cash and cash equivalents
(2,172
)
 
(2,401
)
 
(172
)
Cash and cash equivalents at beginning of period
626,595

 
468,554

 
1,044

Cash and cash equivalents at end of period
$
565,333

 
$
626,595

 
$
468,554

 
 
 
 
 
 

See accompanying notes to consolidated financial statements.

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