Brookfield Closes Acquisition of TerraForm Global


BETHESDA, Md., Dec. 28, 2017 (GLOBE NEWSWIRE) -- TerraForm Global, Inc. (Nasdaq:GLBL), an owner and operator of clean energy power plants, today announced the completion of its previously announced merger with an affiliate of Brookfield Asset Management Inc. (NYSE:BAM) (TSX:BAM.A) (EURONEXT AMSTERDAM:BAMA), a leading global alternative asset manager. Under the terms of the Agreement and Plan of Merger entered into on March 6, 2017 with certain affiliates of Brookfield, holders of Class A shares of TerraForm Global common stock are entitled to receive $5.10 per share in cash, without interest and less any applicable tax withholding.

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