Consolidated Balance Sheets - USD ($) $ in Thousands |
Dec. 31, 2015 |
Dec. 31, 2014 |
| Current assets: |
|
|
|
| Cash and cash equivalents |
$ 921,946
|
|
$ 150,146
|
| Cash committed for construction projects |
0
|
|
42,416
|
| Current portion of restricted cash, including consolidated variable interest entities of $46,321 and $1,860 as of December 31, 2015 and 2014, respectively |
119,151
|
|
22,083
|
| Accounts receivable, net |
30,287
|
|
11,728
|
| Prepaid expenses and other current assets, including consolidated variable interest entities of $123,876 as of December 31, 2015 and zero as of December 31, 2014 |
144,743
|
|
8,293
|
| Total current assets |
1,216,127
|
|
234,666
|
| Assets, Noncurrent [Abstract] |
|
|
|
| Power plants, net, including consolidated variable interest entities of $478,884 and $174,804 as of December 31, 2015 and 2014, respectively |
1,148,350
|
|
386,079
|
| Restricted cash |
22,582
|
|
21,312
|
| Intangible assets, net including consolidated variable interest entities of $51,159 as of December 31, 2015 and zero as of December 31, 2014 |
70,630
|
|
0
|
| Equity method investment |
73,249
|
|
0
|
| Deposit for acquisitions, net including consolidated variable interest entities of $40,134 as of December 31, 2015 and zero as of December 31, 2014 |
51,101
|
|
0
|
| Due from SunEdison, net |
10,110
|
|
0
|
| Other assets |
66,901
|
|
31,399
|
| Total assets |
2,659,050
|
|
673,456
|
| Current liabilities: |
|
|
|
| Current portion of long-term debt, including consolidated variable interest entities of $326,535 and 3,703 as of December 31, 2015 and 2014, respectively |
327,714
|
[1] |
31,542
|
| Accounts payable |
8,034
|
|
9,894
|
| Accrued expenses and other current liabilities, including consolidated variable interest entities of $34,338 and $1,286 as of December 31, 2015 and 2014, respectively |
123,280
|
|
2,326
|
| Deferred tax liabilities |
0
|
|
1,384
|
| Due to SunEdison, net |
0
|
|
47,266
|
| Total current liabilities |
459,028
|
|
92,412
|
| Liabilities, Noncurrent [Abstract] |
|
|
|
| Long-term debt, less current portion |
968,047
|
|
492,569
|
| Asset retirement obligations |
8,629
|
|
5,049
|
| Other long-term liabilities |
1,455
|
|
31,781
|
| Deferred tax liabilities, including consolidated variable interest entities of $37,295 as of December 31, 2015 and zero as of December 31, 2014 |
39,482
|
|
2,881
|
| Total liabilities |
1,476,641
|
|
624,692
|
| Stockholders’ Equity: |
|
|
|
| Invested equity |
0
|
|
75,285
|
| Preferred stock, par value $0.01 per share, 50,000,000 shares authorized, no shares issued and outstanding as of December 31, 2015 or 2014 |
0
|
|
0
|
| Treasury stock, at cost, 5,244 shares owned as of December 31, 2015, no shares owned as of December 31, 2014 |
(28)
|
|
0
|
| Additional paid-in capital |
923,924
|
|
0
|
| Accumulated deficit |
(212,661)
|
|
0
|
| Accumulated other comprehensive loss |
(11,253)
|
|
(26,521)
|
| Total TerraForm Power stockholders' equity |
701,741
|
|
48,764
|
| Non-controlling interests |
480,668
|
|
0
|
| Total stockholders’ equity |
1,182,409
|
|
48,764
|
| Total liabilities and stockholders’ equity |
2,659,050
|
|
673,456
|
| Class A Common Stock |
|
|
|
| Stockholders’ Equity: |
|
|
|
| Common stock issued |
1,146
|
|
0
|
| Class B Common Stock |
|
|
|
| Stockholders’ Equity: |
|
|
|
| Common stock issued |
613
|
|
0
|
| Class B1 common stock |
|
|
|
| Stockholders’ Equity: |
|
|
|
| Common stock issued |
$ 0
|
|
$ 0
|
|
|