TerraForm Global Inc (GLBL) was Upgraded by Goldman to ” Neutral”. Earlier the firm had a rating of “Sell ” on the company shares. Goldman advised their investors in a research report released on Jul 21, 2016.
In a different news, on Aug 26, 2015, Carlos Domenech (CEO) purchased 15,625 shares at $8.05 per share price. According to the SEC, on Aug 24, 2015, Mark D Lerdal (director) purchased 10,000 shares at $9.42 per share price. On Aug 5, 2015, Jeremy Avenier (CFO) purchased 5,000 shares at $15.00 per share price, according to the Form-4 filing with the securities and exchange commission.
TerraForm Global Inc. is a holding company. The Company owns interest in TerraForm Global LLC a diversified renewable energy company that owns long-term contracted wind solar and hydro-electric power plants. The Company’s portfolio of projects include Hercules (China) NSM 24 (India) NSM Suryalabh (India) NSM Sitara (India) NSM L’Volta (India) Brakes (India) Raj 5 (India) Focal (India) Bhakrani (India) Gadag (India) Hanumanhatti (India) Boshoff (South Africa) Klipheuwel (South Africa) Koonkoonsies (South Africa) Witkop (South Africa) Soutpan (South Africa) Silverstar Pavilion (Malaysia) Fortune 11 (Malaysia) PP Solar (Thailand) ESPRA (Brazil) El Naranjal (Uruguay) Del Litoral (Uruguay) Alto Cielo (Uruguay) and LAP Portfolio (Peru). In addition the Company operates Salvador and Bahia wind energy projects that are located in Brazil. The Company serves a range of utility commercial industrial and government customers.