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
  1. 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").
  2. 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.
  3. 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.
  4. 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).
  5. 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.