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

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
Wind Utility:
 
 
 
 
 
 
 
 
 
 
 
 
South Plains I
 
U.S.
 
200.0

 
200.0

 
1

 
11

 
 BBB+ / A3
California Ridge
 
U.S.
 
217.1

 
195.6

 
1

 
15

 
 AA+ / Aaa
Bishop Hill
 
U.S.
 
211.4

 
190.5

 
1

 
15

 
 AA+ / Aaa
Rattlesnake
 
U.S.
 
207.2

 
186.7

 
1

 
11

 
 BBB+ / Baa1
Prairie Breeze
 
U.S.
 
200.6

 
180.7

 
1

 
22

 
 AA / Aa2
Cohocton
 
U.S.
 
125.0

 
125.0

 
1

 
3

 
 BBB+ / Baa1
Stetson I & II
 
U.S.
 
82.5

 
82.5

 
2

 
3

 
 BBB / Baa2
Rollins
 
U.S.
 
60.0

 
60.0

 
1

 
14

 
A- / A2
Mars Hill
 
U.S.
 
42.0

 
42.0

 
1

 
3

 
A+ / Aa2
Sheffield
 
U.S.
 
40.0

 
40.0

 
1

 
11

 
 A+ / NR
Bull Hill
 
U.S.
 
34.5

 
34.5

 
1

 
10

 
 A / A2
Kaheawa Wind Power I
 
U.S.
 
30.0

 
30.0

 
1

 
9

 
 BBB- / NR
Kahuku
 
U.S.
 
30.0

 
30.0

 
1

 
14

 
 BBB- / Baa2
Kaheawa Wind Power II
 
U.S.
 
21.0

 
21.0

 
1

 
15

 
 BBB- / NR
Steel Winds I & II
 
U.S.
 
35.0

 
35.0

 
2

 
3

 
 BBB+ / A3
Raleigh
 
Canada
 
78.0

 
78.0

 
1

 
14

 
 NR / Aa2
Total Wind Utility
 
 
 
1,614.3

 
1,531.5

 
18

 
12

 
 A / A1
 
 
 
 
 
 
 
 
 
 
 
 
 
Total Renewable Energy Facilities
 
2,697.8

 
2,606.7

 
567

 
14

 
 A / Aa3
———
(1)
Net nameplate capacity represents the maximum generating capacity at standard test conditions of a facility multiplied by the Company's percentage of economic ownership of that facility after taking into account any redeemable preference shares and stockholder loans the Company holds. Our percentage of economic ownership is subject to change in future periods for certain facilities.
(2)
Calculated as of June 30, 2017.
(3)
Represents counterparty credit rating issued by S&P and/or Moody's as of May 16, 2017. The percentage of counterparties based on MW that are rated by S&P and/or Moody's for our utility-scale Blackhawk Solar Portfolio, which has multiple counterparties, is 42%. The percentage of counterparties based on MW that are rated by S&P and/or Moody's for our distributed generation portfolios with multiple counterparties is as follows:
CD DG Portfolio: 99%
DG 2014 Portfolio 1: 81%
DG 2015 Portfolio 2: 85%
Enfinity: 96%
HES: 78%
TEG: 84%
MA Solar: 72%
Summit Solar Projects (U.S.): 78%
SunE Solar Fund X: 78%
SUNE XVIII: 53%
U.S. Projects 2009-2013: 76%
U.S. Projects 2014: 94%



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