TerraForm Power's Buyout Provides Blueprint for 8point3 Energy Partners

Brookfield Asset Management (NYSE: BAM) will close on its acquisition of a controlling interest and sponsor stake in TerraForm Power (NASDAQ: TERP) next Monday. The deal will give stability to TerraForm Power's finances and provide a steady stream of projects for it to buy, which should allow for dividend growth over the long term.

The deal may provide a blueprint for how a sale of First Solar and SunPower's sponsor stake in 8point3 Energy Partners (NASDAQ: CAFD) could lead to a rising stock price for long-term investors.

A carport at Kern, which was built by SunPower and is now owned by 8point3 Energy Partners. Image source: SunPower.

Source: Fool.com