Filing Details
- Accession Number:
- 0000950157-18-000611
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-06-12 06:19:03
- Reporting Period:
- 2018-06-11
- Accepted Time:
- 2018-06-12 06:19:03
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1599947 | Terraform Power Inc. | TERP | Operators Of Nonresidential Buildings (6512) | A6 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1001085 | Brookfield Asset Management Inc. | Brookfield Place 181 Bay Street, Suite 300 Toronto A6 M5J 2T3 | No | No | No | No | |
1504716 | Brookfield Asset Management Private Institutional Capital Adviser (Canada) Lp | Brookfield Place 181 Bay Street, Suite 300 Toronto A6 M5J 2T3 | No | No | No | No | |
1533231 | Brookfield Brp Holdings (Canada) Inc. | Brookfield Place 181 Bay Street, Suite 300 Toronto A6 M5J 2T3 | No | No | No | No | |
1540229 | Ltd Partners | Brookfield Place 181 Bay Street, Suite 300 Toronto A6 M5J 2T3 | No | No | No | No | |
1679040 | L.p. 1 Holdings Us Orion | Brookfield Place 181 Bay Street, Suite 300 Toronto A6 M5J 2T3 | No | No | No | No | |
1679041 | Orion Us Gp Llc | Brookfield Place 181 Bay Street, Suite 300 Toronto A6 M5J 2T3 | No | No | No | No | |
1679131 | Brookfield Infrastructure Fund Iii Gp Llc | Brookfield Place 181 Bay Street, Suite 300 Toronto A6 M5J 2T3 | No | No | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock, Class A, $0.01 Par Value | Acquisiton | 2018-06-11 | 31,097,561 | $10.66 | 106,692,020 | No | 4 | P | Indirect | Owned by Orion US Holdings 1 L.P. |
Common Stock, Class A, $0.01 Par Value | Acquisiton | 2018-06-11 | 29,878,048 | $10.66 | 29,878,048 | No | 4 | P | Indirect | Owned by Brookfield BRP Holdings (Canada) Inc. |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | Owned by Orion US Holdings 1 L.P. |
No | 4 | P | Indirect | Owned by Brookfield BRP Holdings (Canada) Inc. |
Footnotes
- This Form 4 is being jointly filed by and on behalf of each of the following persons (each, a "Reporting Person"): (i) Orion US Holdings 1 L.P. ("Orion US LP"); (ii) Orion US GP LLC ("Orion US GP"); (iii) Brookfield Infrastructure Fund III GP LLC ("BIF"); (iv) Brookfield Asset Management Private Institutional Capital Adviser (Canada), L.P. ("BAMPIC Canada"); (v) Brookfield BRP Holdings (Canada) Inc. ("BRPHC"); (vi) Brookfield Asset Management Inc. ("Brookfield"); and (vii) Partners Limited ("Partners"). The Reporting Persons are making this single, joint filing because they may be deemed to constitute a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934 (the "Act").
- Each Reporting Person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for the purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities covered by this statement. Each Reporting Person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
- The following Reporting Persons may be deemed to beneficially own the securities held by Orion US LP: Orion US GP, as general partner of Orion US LP; BIF, as indirect general partner of Orion US LP and Orion US GP; BAMPIC Canada, as investment advisor to BIF; BRPHC, as an indirect wholly-owned subsidiary of Brookfield and indirect limited partner of Orion US LP; Brookfield, as the ultimate parent of BRPHC, BIF and BAMPIC Canada; and Partners, which holds 85,120 Class B limited voting shares and 867,495 Class A limited voting shares of Brookfield, representing 100% and approximately 0.1% of such shares, respectively.
- On June 11, 2018, pursuant to the Support Agreement dated February 6, 2018, as amended by the Support Agreement Amendment dated May 28, 2018 (as so amended, the "Support Agreement"), Orion US LP purchased 31,097,561 Class A Shares at a price per share of $10.66 in connection with TerraForm Power Inc.'s exercise of the Back-Stop (as defined in the Support Agreement).
- On June 11, 2018, pursuant to the Support Agreement, BRPHC purchased 29,878,048 Class A Shares at a price per share of $10.66 in connection with TerraForm Power Inc.'s exercise of the Back-Stop.