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SunPower, First Solar Transitioning To YieldCo
Monday, May 4, 2015 - 12:58pm | 216SunPower Corporation (NASDAQ: SPWR) and First Solar, Inc. (NASDAQ: FSLR) posted throw-away Q1 earnings last week as the two companies prepare for a YieldCo. Following Q1 earnings last week, First Solar fell nearly 9 percent, while SunPower dipped 4 percent. The YieldCo, called 8point3 Energy...
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By 2016, All Solar Investors Will Know The Name '8point3'
Thursday, April 9, 2015 - 8:11pm | 693On April 8, FBR & Co. published a research note, "First Look at 8point3 and Implications of Successful Yield Company Launch," specifically as it relates to the valuation of First Solar, Inc. (NASDAQ: FSLR). However, 8point3 Holdings Company, LLC is a 50/50 Yieldco to be jointly...
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Fellow Solar Power Player Sunedison CEO Very Excited About First Solar/SunPower Deal
Wednesday, February 25, 2015 - 3:00pm | 398With talks of deals happening between major solar power players, Sunedison Inc (NYSE: SUNE) CEO Ahmad Chatila is quite upbeat about the developments, which he feels will influence the stock price of other solar players as well. Chatila was on CNBC to discuss the performance of the company...
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Baird Analyst Discusses First Solar/SunPower Deal
Wednesday, February 25, 2015 - 2:57pm | 406Shares of First Solar, Inc. (NASDAQ: FSLR) had a massive rally Tuesday, closing up 10.19 percent from its previous close on back of the company posting record earnings for the fourth quarter and news of a joint venture between First Solar and SunPower Corporation (NASDAQ: SPWR). Ben Kallo,...
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Why A First Solar, SunPower YieldCo Is A 'Two-Headed Dragon Feeding The Beast'
Wednesday, February 25, 2015 - 11:39am | 396In a report published Tuesday evening, Credit Suisse analyst Patrick Jobin commented that SunPower Corporation (NASDAQ: SPWR) and First Solar, Inc.'s (NASDAQ: FSLR) announcement of a proposed YieldCo is a positive for the companies as it accelerates its monetization strategy. "We view...
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First Solar YieldCo Is 'No Guarantee,' Expert Says
Tuesday, February 24, 2015 - 12:09pm | 226Dr. Thomas Carr, founder of DrStoxx.com, told Benzinga that investors are "celebrating" First Solar, Inc. (NASDAQ: FSLR) and SunPower Corporation's (NASDAQ: SPWR) YieldCo announcement despite the fact that there is no guarantee a spinoff will happen. "There is a lot of red...
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A YieldCo is The 'Best Strategy' For First Solar And SunPower, Deutsche Bank Explains
Tuesday, February 24, 2015 - 9:34am | 259In a report published Monday evening, Deutsche Bank analyst Vishal Shah commented on First Solar, Inc. (NASDAQ: FSLR) and SunPower Corporation's (NASDAQ: SPWR) announcement that they are in advanced talks to form a joint YieldCo. Shah noted that a joint YieldCo decision is "probably...
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Credit Suisse's 9 Energy And Utility Stocks For 2015
Friday, January 9, 2015 - 3:18pm | 502In a recent report, analysts at Credit Suisse outlined their 2015 outlook for energy and utility stocks. Here’s a breakdown of their top stocks to own in 2015. Related Link: Credit Suisse's 7 Financial Stocks To Consider For 2015 Kinder Morgan Inc (NYSE: KMI): Analysts believe...
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Axiom Capital Research On First Solar, Inc.: Material Donwside Ahead
Thursday, October 2, 2014 - 11:35am | 419Despite missing its second quarter consensus estimates on August 5, shares of First Solar, Inc. (NASDAQ: FSLR) proceeded to rally more than 15 percent to peak at $72.78. Gordon L. Johnson II of Axiom Capital Research released a note on Thursday answering how such a rally is possible. First Solar...