BETHESDA, Md., May 21, 2018 (GLOBE NEWSWIRE) -- TerraForm Power, Inc. (Nasdaq:TERP) today announced that, on May 16, 2018, it received a notification letter from Nasdaq indicating that the Company no longer complied with Nasdaq Listing Rule 5250(c)(1) as a result of the Company’s failure to timely file its Form 10-Q for the period ended March 31, 2018 (the “First Quarter Form 10-Q”) with the Securities and Exchange Commission. The Company filed its First Quarter Form 10-Q with the SEC on May 21, 2018, and as a result, Nasdaq has informed the Company that Nasdaq has determined that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) and that the matter is now closed.
About TerraForm Power
TerraForm Power owns and operates a best-in-class renewable power portfolio of solar and wind assets located primarily in the U.S., totaling more than 2,600 MW of installed capacity. TerraForm Power’s goal is to acquire operating solar and wind assets in North America and Western Europe. TerraForm Power is listed on the Nasdaq stock exchange (Nasdaq:TERP). It is sponsored by Brookfield Asset Management, a leading global alternative asset manager with more than $285 billion of assets under management.
For more information about TerraForm Power, please visit: www.terraformpower.com.
