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8Point3 Energy Partners LP (CAFD.OQ)

CAFD.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

8Point3 Energy Says ‍Will Recognize Estimated Impairment In Range Of $40 Mln To $48 Mln During Q2 Due To Termination Of Maryland Solar Project ​
Friday, 6 Apr 2018 

April 5 (Reuters) - 8point3 Energy Partners LP ::8POINT3 ENERGY SAYS ‍WILL RECOGNIZE ESTIMATED IMPAIRMENT IN RANGE OF $40 MILLION TO $48 MILLION DURING Q2 2018 DUE TO TERMINATION OF MARYLAND SOLAR PROJECT ​.8POINT3 ENERGY SAYS ‍IF MARYLAND SOLAR PPA IS TERMINATED, CO EXPECTS DECREASE IN FUTURE REVENUES BEGINNING ON JAN 1, 2020 - SEC FILING​.THE IMPAIRMENT LOSS WILL HAVE A MATERIAL ADVERSE EFFECT ON CO'S SECOND QUARTER 2018 NET INCOME ( LOSS).8POINT3 ENERGY PARTNERS LP SAYS CO'S ‍Q2 2018 REVENUE IS NOT IMPACTED IF MARYLAND SOLAR PPA IS TERMINATED​.  Full Article

8Point3 Energy Partners Declares 3.0 Percent Increase In Quarterly Distribution
Thursday, 21 Dec 2017 

Dec 20 (Reuters) - 8Point3 Energy Partners Lp ::8POINT3 ENERGY PARTNERS DECLARES 3.0 PERCENT INCREASE IN QUARTERLY DISTRIBUTION.8POINT3 ENERGY PARTNERS LP - BOARD OF ITS GENERAL PARTNER DECLARED CASH DISTRIBUTION FOR ITS CLASS A SHARES OF $0.2802 PER SHARE FOR Q4 OF 2017.  Full Article

8point3 Energy Partners LP - 8-k
Monday, 3 Oct 2016 

8point3 Energy Partners Lp : Parties entered into the first amendment to the Kern Deal - SEC filing . Parties agreed to increase the aggregate consideration payable by 8point3 operating co for Kern deal by up to $1.6 million .8-K.  Full Article

8Point3 Energy Partners posts Q3 earnings $0.38/share
Wednesday, 21 Sep 2016 

8point3 Energy Partners LP: 8Point3 Energy Partners reports third quarter 2016 results . Qtrly earnings per share $0.38 . Q3 earnings per share view $0.38, revenue view $23.2 million -- Thomson Reuters I/B/E/S . Forecasts Q4 2016 distribution of $0.2490 per share, an increase of 3.5 percent compared to Q3 2016 distribution . Sees Q4 2016 revenue $13.5 million to $14.5 million . Banking group has committed to funding a $250 million increase to its existing credit facility . 8Point3 Energy Partners LP qtrly total revenues $26.1 million versus $3.1 million . Q4 revenue view $15.6 million -- Thomson Reuters I/B/E/S . Says expects revenue of $60.2 million to $61.3 million, net income of $7.7 million to $8.7 million for fy2016 .Fy2016 revenue view $59.3 million -- Thomson Reuters I/B/E/S.  Full Article

SunPower plans to drop-down minority stake in Henrietta project to 8POINT3 Energy - Conf Call
Wednesday, 10 Aug 2016 

SunPower Corp : SunPower Corp CEO says beyond 2016, expect that the pace of U.S. power plant project deployments will be reduced for the next two years - Conf call . Plan to drop-down the remaining minority stake in Henrietta project to 8POINT3 Energy, before the end of the year . SunPower Corp CEO says "will reduce my cash salary and bonus to $1 for the balance of the year " - Conf call Further company coverage: [SPWR.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

8Point3 Energy sees 2016 revenue of $57.1 mln-$59.1 mln
Thursday, 30 Jun 2016 

8point3 Energy Partners LP : 8Point3 Energy Partners reports second quarter 2016 results . For Q2 of fiscal 2016, 8point3 energy partners reported revenue of $13.5 million . Forecasts Q3 2016 distribution of $0.2406 per share, an increase of 3.5 percent compared to Q2 2016 distribution . Reiterated that it expects to achieve its 12 to 15 percent distribution growth rate for 2016 . Forecasts Q3 2016 distribution of $0.2406 per share, an increase of 3.5 percent compared to Q2 2016 distribution . 8Point3 Energy Partners LP sees Q3 2016 revenue of $23.0 million to $24.0 million . Partnership's 2016 revenue guidance of $57.1 million to $59.1 million . Q2 earnings per share view $-0.01, revenue view $11.6 million -- Thomson Reuters I/B/E/S .Fy2016 revenue view $55.9 million -- Thomson Reuters I/B/E/S.  Full Article

BRIEF-8Point3 Energy Says ‍Will Recognize Estimated Impairment In Range Of $40 Mln To $48 Mln During Q2 Due To Termination Of Maryland Solar Project ​

* 8POINT3 ENERGY SAYS ‍WILL RECOGNIZE ESTIMATED IMPAIRMENT IN RANGE OF $40 MILLION TO $48 MILLION DURING Q2 2018 DUE TO TERMINATION OF MARYLAND SOLAR PROJECT ​