The stock will trade on the Nasdaq stock exchange under the ticker symbol TERP.

TerraForm will begin life with an initial portfolio of 524MW – which includes a 135MW portfolio of distributed PV (nearly all of it in the US), and 389MW of utility-scale capacity, spread across the US, Chile, the UK and Canada.

TerraForm will have access to 900MW of “Call Right” projects owned by SunEdison, and it will have first crack at buying all of SunEdison’s future solar projects in the four countries represented in its initial portfolio.

SunEdison currently has a 3.4GW