According to Bloomberg, TerraForm Power (TERP) approached by Brookfield Renewable Partners (BEP)

  • January 13, 2020


StockTerraForm Power, Inc.SymbolTERP
Date Announced01/13/2020Source Bloomberg
TypeUnsolicited BidAcquiring Company/Person Brookfield Renewable Partners L.P.
Date of Confirmation: 03/16/2020Price at Confirmation: $12.01
Potential Profit: -30.30%Annualized Profit: -175.52%

Brookfield Renewable Partners LP, (BEP) looking to bolster its status as one of the world’s largest clean-energy providers, is bidding to buy the shares of TerraForm Power Inc. (TERP) it doesn’t already own in a deal valuing the company at $3.9 billion.

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