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YieldCo Stocks Trend Marches on With 8Point3 IPO
The explosion of YieldCo stocks in the solar power industry continues today (Friday) with the 8Point3 IPO (Nasdaq: CAFD).
8Point3 Energy Partners is a joint venture between First Solar Inc. (Nasdaq: FSLR) and SunPower Corp. (Nasdaq: SPWR). As a YieldCo, it's a combination of a tax shelter and income generator.
But this IPO also should be of particular interest to income investors...
The explosion of YieldCo stocks in the solar power industry continues today (Friday) with the 8Point3 IPO (Nasdaq: CAFD).
8Point3 Energy Partners is a joint venture between First Solar Inc. (Nasdaq: FSLR) and SunPower Corp. (Nasdaq: SPWR). As a YieldCo, it's a combination of a tax shelter and income generator.
But this IPO also should be of particular interest to income investors...