TerraForm Power is a holding company. Through its subsidiaries, Co. acquires, owns, and operates solar and wind assets in North America and Western Europe. The renewable energy facilities have long-term contractual arrangements to sell the electricity generated to third parties. The related green energy certificates, ancillary services and other environmental attributes generated by these facilities are also sold to third parties. Co.'s portfolio consists of renewable energy facilities located in the U.S. (including Puerto Rico), Canada, Spain, Portugal, the U.K., Chile and Uruguay. The TERP stock yearly return is shown above.
The yearly return on the TERP stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2016 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the TERP annual return calculation with any dividends reinvested as applicable (on ex-dates).
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