SunPower Upgraded As Yieldco Strategy Seen Likely

By | December 16, 2014

Scalper1 News

SunPower (SPWR) on Tuesday got an upgrade from investment banking firm Morgan Stanley, which cited an increasing probability that the solar manufacturer would establish a yieldco. Under the yieldco scenario, the San Jose, Calif.-based SunPower would spin off its operational solar power plants into a separate, publicly traded company and generate cash flows that would be distributed as dividends to shareholders. The company could use money Scalper1 News

Scalper1 News