Check it out before it goes behind the paywall. TerraForm Power Inc. (NASDAQ: TERP) is a renewable energy yieldco sponsored by Brookfield Renewable Partners (NYSE: BEP). TerraForm Power owns wind and solar power assets, primarily in North America and Europe, with steady cashflows supporting a growing dividend. A recent large European acquisition positions them to take advantage of the trend toward renewable energy.
As always, feel free to look at my portfolio and see how I’m doing. Usually I own or plan to own stock in many of the companies I write about. Specific numbers I reference may not be completely accurate; different online financial sources often have somewhat conflicting information. Verify information via multiple sources you trust. Please READ MY DISCLAIMER. Do not take action in the market simply because of what you read here. I write about what I am doing and what I think, I am not advising anyone to do anything. Make your own decisions, do your own research, and never rely on any single source for information. Some of my ‘picks’ and strategies WILL lose money, that’s the way the market works. I am not a financial professional; do not rely on me as such.
Michael, the Stock Picking Bartender,