The stock prices of yieldcos have been battered over the past two months, leading some yieldcos to revise their short-term financing strategies, and potentially chilling plans for additional IPOs.
Earlier this year, with yieldco share prices flying high, Canadian Solar confirmed its intention to launch a yieldco of its own in late 2015 or early 2016.
Recently, however, chief executive Shawn Qu suggested the company may not do so after all, although a yieldco still remains the company’s “preferred” means of monetizing its portfolio of utility-scale solar projects.
Southern
