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

Our current portfolio consists of renewable energy facilities located in the United States (including Puerto Rico), Canada, Chile and the United Kingdom with a combined nameplate capacity of 2,606.7 MW as of June 30, 2017. These renewable energy facilities generally have long-term PPAs with creditworthy counterparties. Our PPAs have a weighted average (based on MW) remaining life of 14 years as of June 30, 2017.

The following table lists the renewable energy facilities that comprise our portfolio as of June 30, 2017:
Facility Category / Portfolio
 
Location
 
Nameplate Capacity (MW)
 
Net Nameplate Capacity (MW)¹
 
Number of Sites
 
Weighted Average Remaining Duration of PPA (Years)²
 
Counterparty Credit Rating3
Solar Distributed Generation:
 
 
 
 
 
 
 
 
 
 
 
 
CD DG Portfolio
 
U.S.
 
77.8

 
77.8

 
42

 
16

 
 A- / A1
DG 2015 Portfolio 2
 
U.S.
 
48.1

 
48.1

 
30

 
19

 
 AA- / Aa2
U.S. Projects 2014
 
U.S.
 
45.4

 
45.4

 
41

 
17

 
 AA- / A1
DG 2014 Portfolio 1
 
U.S.
 
44.0

 
44.0

 
46

 
18

 
 AA- / Aa2
TEG
 
U.S.
 
33.8

 
32.0

 
56

 
13

 
 AA- / Aa2
HES
 
U.S.
 
25.2

 
25.2

 
67

 
12

 
 AA / Aa2
MA Solar
 
U.S.
 
21.1

 
21.1

 
4

 
24

 
 AA / Aaa
Summit Solar Projects
 
U.S.
 
19.6

 
19.6

 
50

 
10

 
 AA+ / Aa1
U.S. Projects 2009-2013
 
U.S.
 
15.2

 
15.2

 
73

 
13

 
 A / A1
SUNE XVIII
 
U.S.
 
16.1

 
16.1

 
21

 
19

 
 AAA / Aaa
California Public Institutions
 
U.S.
 
13.5

 
7.0

 
5

 
17

 
 AA- / Aa3
Enfinity
 
U.S.
 
13.2

 
13.2

 
15

 
15

 
 A- / A2
MA Operating
 
U.S.
 
12.2

 
12.2

 
4

 
16

 
 AA+ / Aa2
Duke Operating
 
U.S.
 
10.0

 
10.0

 
3

 
13

 
A- / A1
SunE Solar Fund X
 
U.S.
 
8.8

 
8.8

 
12

 
14

 
 AA+ / Aa1
Summit Solar Projects
 
Canada
 
3.8

 
3.8

 
7

 
15

 
 NR / Aa2
MPI
 
Canada
 
4.7

 
4.7

 
13

 
17

 
 NR / Aa2
Resi 2014 Portfolio 1
 
U.S.
 
0.3

 
0.3

 
34

 
14

 
 NR / NR
Total Solar Distributed Generation
 
412.8

 
404.5

 
523

 
16

 
 AA- / Aa3
 
 
 
 
 
 
 
 
 
 
 
 
 
Solar Utility:
 
 
 
 
 
 
 
 
 
 
 
 
Mt. Signal
 
U.S.
 
265.8

 
265.8

 
1

 
22

 
 A+ / Aa2
Regulus Solar
 
U.S.
 
81.6

 
81.6

 
1

 
17

 
 BBB+ / A3
Blackhawk Solar Portfolio
 
U.S.
 
72.8

 
72.8

 
10

 
20

 
 AA+ / Aa2
North Carolina Portfolio
 
U.S.
 
26.4

 
26.4

 
4

 
12

 
 A / Aa2
Atwell Island
 
U.S.
 
23.5

 
23.5

 
1

 
21

 
 BBB / A3
Nellis
 
U.S.
 
14.0

 
14.0

 
1

 
10

 
 NR / NR
Alamosa
 
U.S.
 
8.2

 
8.2

 
1

 
10

 
A- / A3
CalRENEW-1
 
U.S.
 
6.3

 
6.3

 
1

 
13

 
 BBB / A3
Northern Lights
 
Canada
 
25.4

 
25.4

 
2

 
16

 
 NR / Aa2
Marsh Hill
 
Canada
 
18.5

 
18.5

 
1

 
18

 
 NR / Aa2
SunE Perpetual Lindsay
 
Canada
 
15.5

 
15.5

 
1

 
17

 
 NR / Aa2
Norrington
 
U.K.
 
11.1

 
11.1

 
1

 
12

 
 A- / Baa1
CAP
 
Chile
 
101.6

 
101.6

 
1

 
17

 
 BB+ / NR
Total Solar Utility
 
 
 
670.7

 
670.7

 
26

 
19

 
 A / Aa3
 
 
 
 
 
 
 
 
 
 
 
 
 


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