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SEC Filings
10-Q
TERRAFORM POWER, INC. filed this Form 10-Q on 11/09/2018
Entire Document
 


 
 
Nine Months Ended September 30, 2018
 
Nine Months Ended September 30, 2017
(In thousands)
 
Solar
 
Wind
 
Regulated Solar and Wind
 
Corporate
 
Total
 
Solar
 
Wind
 
Corporate
 
Total
Operating revenues, net
 
$
237,927

 
$
200,068

 
$
115,482

 
$

 
$
553,477

 
$
274,742

 
$
200,190

 
$

 
$
474,932

Depreciation, accretion and amortization expense
 
83,041

 
113,926

 
41,148

 
1,062

 
239,177

 
82,093

 
101,992

 
1,954

 
186,039

Impairment of renewable energy facilities
 
15,240

 

 

 

 
15,240

 
1,429

 

 

 
1,429

Other operating costs and expenses
 
39,792

 
89,834

 
30,012

 
77,506

 
237,144

 
50,442

 
76,775

 
97,946

 
225,163

Interest expense (income), net
 
46,248

 
36,382

 
4,879

 
89,353

 
176,862

 
54,373

 
64,664

 
87,712

 
206,749

Gain on sale of renewable energy facilities
 

 

 

 

 

 
(37,116
)
 

 

 
(37,116
)
Other non-operating (income) expenses, net
 
(1,926
)
 
538

 
(617
)
 
618

 
(1,387
)
 
(1,768
)
 
581

 
(9,390
)
 
(10,577
)
Income tax (benefit) expense1
 
749

 
1,291

 
4,442

 
2,935

 
9,417

 

 

 
(2,256
)
 
(2,256
)
Net income (loss)
 
$
54,783

 
$
(41,903
)
 
$
35,618

 
$
(171,474
)
 
$
(122,976
)
 
$
125,289

 
$
(43,822
)
 
$
(175,966
)
 
$
(94,499
)
Balance Sheet
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total assets2
 
$
2,825,855

 
$
3,236,518

 
$
3,364,310

 
$
149,294

 
$
9,575,977

 
$
2,897,036

 
$
3,400,858

 
$
89,127

 
$
6,387,021

———
(1)
Income tax expense (benefit) is not allocated to the Company’s segments, except for certain foreign jurisdictions.
(2)
Represents total assets as of September 30, 2018 and December 31, 2017, respectively.



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