Global Industries (GLBL)

[OTCdoc]

Investments in renewables In Emerging Energy Markets up 4% to $328.9bn
by Utilities ME Staff on Jan 17, 2016 ; Top deals included a $750 million secondary share issue by electric car maker Tesla Motors, and a $688m initial public offering by TerraForm Global, a US-based ‘yieldco’ owning renewable energy projects in emerging markets.



Venture capital and private equity investors pumped $5.6 billion into specialist clean energy firms in 2015, up 27 percent on the 2014 total. >>>> Four factors did not impact the renewable energy industry. These were declines in the cost of solar photovoltaics, meaning that more capacity could be installed for the same price; the strength of the US currency; the weakness of the European economy; and the plunge in fossil fuel commodity prices. >>>> SunEdison also announced the purchase of 757 megawatts of wind, solar and hydro assets in developing nations, as well as rights to buy other projects with 1,918 megawatts of capacity.
http://www.utilities-me.com/article-4028-investments-in-renewables-up-4-to-3289bn/ http://www.bloomberg.com/news/articles/2015-05-07/sunedison-buys-757-megawatts-of-wind-solar-and-hydro-projects



The new company TerraForm Global (GLBL) gives SunEdison “a separate vehicle with a very different risk profile” and a more “global breadth” than its already listed TerraForm Power Inc. yieldco, Jeffrey Osborne, an analyst at Cowen & Co. in New York, said .