TerraForm Global 10-Q 27 Jun 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2017	May 31, 2017
Document Information [Line Items]
Entity Registrant Name	TerraForm Global, Inc.
Entity Central Index Key	1,620,702
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Amendment Flag	false
Common Class A
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		112,952,170
Common Class B
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		61,343,054
Common Class B1
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		0

Unaudited Condensed Consolidate

Unaudited Condensed Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Statement [Abstract]
Operating revenues, net	$ 56,484	$ 47,686
Operating costs and expenses:
Cost of operations	11,339	10,232
General and administrative	18,969	10,184
Acquisition, formation and related costs	0	10,005
Depreciation, accretion and amortization	15,101	14,572
Total operating costs and expenses	45,409	44,993
Operating income	11,075	2,693
Other expense (income):
Loss (gain) on extinguishment of debt	6,767	(6,261)
Interest expense, net	30,489	33,663
Gain on foreign currency exchange	(21,642)	(12,349)
Other income, net	(5,051)	(6,970)
Total other expenses, net	10,563	8,083
Income (loss) before income tax expense	512	(5,390)
Income tax expense	2,465	858
Net loss	(1,953)	(6,248)
Less: loss attributable to non-controlling interests	(240)	(1,616)
Net loss attributable to TerraForm Global, Inc. Class A common stockholders	$ (1,713)	$ (4,632)
Weighted average number of shares:
Class A common stock - Basic and Diluted (in shares)	113,255,983	106,855,764
Loss per share:
Class A common stock - Basic and Diluted (in dollars per share)	$ (0.02)	$ (0.04)

Unaudited Condensed Consolidat3

Unaudited Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Statement of Comprehensive Income [Abstract]
Net loss	$ (1,953)	$ (6,248)
Other comprehensive income (loss):
Net foreign currency translation adjustments	12,581	4,561
Net unrealized loss on hedging instruments	(1,776)	(14,464)
Other comprehensive income (loss), net of tax	10,805	(9,903)
Total comprehensive income (loss)	8,852	(16,151)
Less: Comprehensive loss attributed to non-controlling interest:
Net loss	(240)	(1,616)
Net foreign currency translation adjustments	5,948	1,845
Net unrealized loss on hedging instruments	(1,189)	(9,692)
Comprehensive income (loss) attributed to non-controlling interest	4,519	(9,463)
Comprehensive income (loss) attributed to Class A common stockholders	$ 4,333	$ (6,688)

Unaudited Condensed Consolidat4

Unaudited Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 649,491	$ 680,893
Current portion of restricted cash, including consolidated variable interest entities of $69,948 in 2017 and $64,786 in 2016	82,593	79,294
Accounts receivable, net	37,816	37,596
Prepaid expenses and other current assets, including consolidated variable interest entities of $77,616 in 2017 and $85,501 in 2016	93,377	102,555
Total current assets	863,277	900,338
Power plants, net, including consolidated variable interest entities of $392,719 in 2017 and $431,686 in 2016	1,400,477	1,355,362
Restricted cash	15,192	16,482
Intangible assets, net, including consolidated variable interest entities of $58,898 in 2017 and $56,077 in 2016	86,113	82,450
Deposit for acquisitions, net	46,991	48,274
Other assets	42,350	45,373
Total assets	2,454,400	2,448,279
Current liabilities:
Current portion of long-term debt, including consolidated variable interest entities of $318,655 in 2017 and $314,928 in 2016	331,467	327,459
Accounts payable	14,449	12,009
Accrued expenses and other current liabilities, including consolidated variable interest entities of $48,172 in 2017 and $44,633 in 2016	101,664	119,179
Due to affiliates, net	9,835	16,084
Total current liabilities	457,415	474,731
Long-term debt, less current portion	760,502	758,609
Asset retirement obligations	11,064	10,310
Other long-term liabilities including consolidated variable interest entities of $51,488 in 2017 and $5,813 in 2016	6,698	6,810
Deferred tax liabilities, including consolidated variable interest entities of $35,762 in 2017 and $40,817 in 2016	55,385	52,106
Total liabilities	1,291,064	1,302,566
Stockholders’ Equity:
Preferred stock, par value $0.01 per share, 50,000,000 shares authorized, no shares issued and outstanding at March 31, 2017 or December 31, 2016	0	0
Treasury stock	(4,766)	(4,739)
Additional paid-in capital	956,911	940,405
Accumulated deficit	(267,955)	(266,242)
Accumulated other comprehensive income	18,165	12,119
Total TerraForm Global, Inc. stockholders’ equity	704,096	683,288
Non-controlling interests	459,240	462,425
Total stockholders’ equity	1,163,336	1,145,713
Total liabilities and stockholders’ equity	2,454,400	2,448,279
Common Class A
Stockholders’ Equity:
Common stock	1,128	1,132
Common Class B
Stockholders’ Equity:
Common stock	613	613
Common Class B1
Stockholders’ Equity:
Common stock	$ 0	$ 0

Unaudited Condensed Consolidat5

Unaudited Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Preferred stock, par value (usd per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Cash and cash equivalents	$ 649,491	$ 680,893
Current portion of restricted cash, including consolidated variable interest entities of $69,948 in 2017 and $64,786 in 2016	82,593	79,294
Prepaid expenses and other current assets, including consolidated variable interest entities of $77,616 in 2017 and $85,501 in 2016	93,377	102,555
Power plants, net, including consolidated variable interest entities of $392,719 in 2017 and $431,686 in 2016	1,400,477	1,355,362
Intangible assets, net, including consolidated variable interest entities of $58,898 in 2017 and $56,077 in 2016	86,113	82,450
Other assets	42,350	45,373
Current portion of long-term debt, including consolidated variable interest entities of $318,655 in 2017 and $314,928 in 2016	331,467	327,459
Accrued expenses and other current liabilities, including consolidated variable interest entities of $48,172 in 2017 and $44,633 in 2016	101,664	119,179
Other long-term liabilities including consolidated variable interest entities of $51,488 in 2017 and $5,813 in 2016	6,698	6,810
Deferred tax liabilities, including consolidated variable interest entities of $35,762 in 2017 and $40,817 in 2016	$ 55,385	$ 52,106
Common Class A
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized	2,750,000,000	2,750,000,000
Common stock, shares issued	112,848,950	113,253,681
Common stock, shares outstanding	112,848,950	113,253,681
Common Class B
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized	200,000,000	200,000,000
Common stock, shares issued	61,343,054	61,343,054
Common stock, shares outstanding	61,343,054	61,343,054
Common Class B1
Common stock, par value (usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized	550,000,000	550,000,000
Common stock, shares issued	0	0
Common stock, shares outstanding	0	0
Variable interest entities
Cash and cash equivalents	$ 69,948	$ 64,786
Prepaid expenses and other current assets, including consolidated variable interest entities of $77,616 in 2017 and $85,501 in 2016	77,616	85,501
Power plants, net, including consolidated variable interest entities of $392,719 in 2017 and $431,686 in 2016	392,719	431,686
Intangible assets, net, including consolidated variable interest entities of $58,898 in 2017 and $56,077 in 2016	58,898	56,077
Current portion of long-term debt, including consolidated variable interest entities of $318,655 in 2017 and $314,928 in 2016	318,655	314,928
Accrued expenses and other current liabilities, including consolidated variable interest entities of $48,172 in 2017 and $44,633 in 2016	48,172	44,633
Deferred tax liabilities, including consolidated variable interest entities of $35,762 in 2017 and $40,817 in 2016	$ 35,762	$ 40,817

Unaudited Condensed Consolidat6

Unaudited Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Class A	Common Class B	Controlling Interest	Common StockCommon Class A	Common StockCommon Class B	Treasury Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Other Comprehensive Income (Loss)	Non-controlling Interest	Non-controlling InterestCommon Class B	Non-controlling Interest, Capital	Non-controlling Interest, CapitalCommon Class B	Non-controlling Interest, Accumulated Deficit	Non-controlling Interest, Accumulated Other Comprehensive Income (Loss)
Balance at beginning of period at Dec. 31, 2015	$ 1,182,652			$ 701,080	$ 1,146	$ 613	$ (28)	$ 923,740	$ (213,210)	$ (11,181)	$ 481,572		$ 609,225		$ (117,975)	$ (9,678)
Balance at beginning of period (shares) at Dec. 31, 2015					114,630,318	61,343,054	5,244
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Class A shares forfeited on termination of employment					$ (14)			14
Class A shares forfeited on termination of employment (shares)					(1,376,637)
Treasury Shares	(4,711)			(4,711)			$ (4,711)
Treasury Shares (shares)							253,604
Stock-based compensation	3,646			3,646				3,646
Net loss	(78,498)			(53,032)					(53,032)		(25,466)				(25,466)
Net SunEdison Investment	39,170			0				0			39,170		39,170
Other comprehensive loss	34,678			23,300						23,300	11,378					11,378
Dividends paid	(30,674)		$ (550)	(30,674)				(30,674)				$ (550)		$ (550)
Transfer of Equity interest from NCI to CI	0			14,781				14,781			(14,781)		(14,781)
Equity reallocation	0			28,898				28,898			(28,898)		(28,898)
Balance at end of period at Dec. 31, 2016	1,145,713			683,288	$ 1,132	$ 613	$ (4,739)	940,405	(266,242)	12,119	462,425		604,166		(143,441)	1,700
Balance at end of period (shares) at Dec. 31, 2016		113,253,681	61,343,054		113,253,681	61,343,054	258,848
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Class A shares forfeited on termination of employment	0				$ (4)			4
Class A shares forfeited on termination of employment (shares)					(422,531)
Class A shares - RSUs Vested	0
Class A shares - RSUs Vested (shares)					17,800
Treasury Shares	(27)			(27)			$ (27)
Treasury Shares (shares)							5,773
Stock-based compensation	1,038			1,038				1,038
Net loss	(1,953)			(1,713)					(1,713)		(240)				(240)
Net SunEdison Investment	7,760			5,258				5,258			2,502		2,502
Other comprehensive loss	10,805			6,046						6,046	4,759					4,759
Transfer of Equity interest from NCI to CI	0			11,740				11,740			(11,740)		(11,740)
Equity reallocation	0			(1,534)				(1,534)			1,534		1,534
Balance at end of period at Mar. 31, 2017	$ 1,163,336			$ 704,096	$ 1,128	$ 613	$ (4,766)	$ 956,911	$ (267,955)	$ 18,165	$ 459,240		$ 596,462		$ (143,681)	$ 6,459
Balance at end of period (shares) at Mar. 31, 2017		112,848,950	61,343,054		112,848,950	61,343,054	264,621

Unaudited Condensed Consolidat7

Unaudited Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash flows from operating activities:
Net loss	$ (1,953)	$ (6,248)
Adjustments to reconcile net loss to net cash used in operating activities:
Amortization of deferred financing costs	427	893
Depreciation, amortization and accretion	15,101	14,572
Stock-based compensation expense	1,038	1,107
Change in fair value of interest rate swaps	652	3,362
Loss on disposal of property	885	0
Loss (gain) on extinguishment of debt	6,767	(6,261)
Unrealized gains on foreign currency, net	(24,807)	(11,439)
Deferred tax expense (benefit)	1,524	(1,175)
Other non-cash items	(367)	0
Changes in assets and liabilities:
Accounts receivable	1,794	661
Prepaid expenses and other current assets	17,819	7,254
Accounts payable, accrued expenses, and other current liabilities	(25,778)	(12,507)
Due to/from affiliates, net	(6,288)	2,553
Net cash used in operating activities	(13,186)	(7,228)
Cash flows from investing activities:
Capital expenditures	(3,314)	(33,231)
Change in restricted cash	1,968	44,539
Cash acquired upon FERSA consolidation	0	9,031
Returns from BioTherm escrow and deposits	2,430	3,775
Net cash provided by investing activities	1,084	24,114
Cash flows from financing activities:
Repayments of the Senior Notes	0	(35,441)
Repayments of system debt financing	(4,733)	(2,705)
Net SunEdison investment	0	45,991
Dividends paid	0	(30,674)
Net cash used in financing activities	(4,733)	(22,829)
Net decrease in cash and cash equivalents	(16,835)	(5,943)
Effect of exchange rate changes on cash and cash equivalents	(14,567)	5,135
Cash and cash equivalents at beginning of period	680,893	922,318
Cash and cash equivalents at end of period	$ 649,491	$ 921,510

Nature of Operations

Nature of Operations	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	NATURE OF OPERATIONS Overview TerraForm Global, Inc. and its subsidiaries (together, the “Company”) is a controlled affiliate of SunEdison, Inc. (together with its consolidated subsidiaries excluding the Company, "SunEdison"). TerraForm Global, Inc. is a holding company and its sole asset is an equity interest in TerraForm Global, LLC (“Global LLC”), a globally diversified renewable energy company that owns, through its subsidiaries, wind and solar power plants and long-term contractual arrangements to sell the electricity generated by such power plants to third parties. TerraForm Global, Inc. is the managing member of Global LLC and operates, controls and consolidates the business affairs of Global LLC. Entry into a Definitive Merger Agreement with Brookfield Asset Management Inc. On March 6, 2017, TerraForm Global, Inc. entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Orion US Holdings 1 L.P. (“Parent”), a Delaware limited partnership and an affiliate of Brookfield Asset Management Inc. (“Brookfield”), and BRE GLBL Holdings Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Merger Sub”), providing for the merger of Merger Sub with and into TerraForm Global, Inc. (the “Merger”), with TerraForm Global, Inc. surviving as a wholly owned subsidiary of Parent. The proposed Merger was approved by the Board of Directors of the Company (the “Board”), following the recommendation of the Corporate Governance and Conflicts Committee of the Board (the “Conflicts Committee”). Completion of the Merger is expected to occur, subject to satisfaction of closing conditions, in the second half of 2017. As a result of the Merger, each share of Class A common stock of TerraForm Global, Inc., par value $0.01 per share (the “Class A Shares”), issued and outstanding immediately prior to the effective time of the Merger (other than Class A Shares that are (i) owned by TerraForm Global, Inc., Parent or any of their direct or indirect wholly owned subsidiaries and not held on behalf of third parties, (ii) owned by stockholders who have perfected and not withdrawn a demand for appraisal rights pursuant to Section 262 of the Delaware General Corporation Law or (iii) held by any direct or indirect wholly owned subsidiary of the Company that is taxable as a corporation (the foregoing clauses (i) - (iii), collectively, the “Excluded Shares”)), will be converted into the right to receive per share Merger consideration equal to $5.10 per Class A Share in cash, without interest. Concurrently with the execution and delivery of the Merger Agreement, SunEdison and certain of its affiliates executed and delivered a voting and support agreement with Brookfield and TerraForm Global, Inc. (the “Voting and Support Agreement”) pursuant to which SunEdison agreed to vote or cause to be voted any shares of common stock of TerraForm Global, Inc. held by it or any of its controlled affiliates in favor of the Merger and to take certain other actions to support the consummation of the Merger and the other transactions contemplated by the Merger Agreement. The Voting and Support Agreement was approved by the bankruptcy court overseeing the SunEdison Bankruptcy (as defined below) on June 7, 2017. The Merger Agreement includes a non-waivable condition to closing that the Merger Agreement and the transactions contemplated by the Merger Agreement be approved by holders of a majority of the outstanding Class A Shares, excluding all Class A Shares held by SunEdison or any of its affiliates (“SunEdison Class A Shares”) and Parent or any of its affiliates. Closing of the Merger also is subject to certain other conditions, including the adoption of the Merger Agreement by the holders of a majority of the total voting power of the outstanding shares of common stock of TerraForm Global, Inc. entitled to vote on the Merger and receipt of certain regulatory approvals. The entry by the bankruptcy court overseeing the SunEdison Bankruptcy of orders authorizing and approving the entry by SunEdison (and, if applicable, SunEdison’s debtor affiliates) into the Settlement Agreement, the Voting and Support Agreement and any other agreement entered into in connection with the Merger or the other transactions contemplated by the Merger Agreement to which SunEdison or any other debtor will be a party (the “Bankruptcy Court Order”) is also a condition to the closing of the Merger. The bankruptcy court overseeing the SunEdison Bankruptcy entered the Bankruptcy Court Order on June 7, 2017 and this condition has been satisfied. In addition, Parent’s and Merger Sub’s obligations to consummate the Merger are subject to the requirement that certain litigation has been finally dismissed with prejudice or the settlement thereof has been submitted for court approval in a manner reasonably satisfactory to Parent pursuant to agreements or stipulations containing releases reasonably satisfactory to Parent, and all final approvals of courts or regulatory authorities required for the settlements and releases to become final, binding and enforceable; provided, however, that in no event will a settlement of certain claims made by Renova Energia, S.A. (“Renova”) include an aggregate payment by the Company of greater than $3.0 million (net of any amounts funded directly or indirectly by insurance proceeds). In the event that this condition has not been satisfied when all other conditions to closing are satisfied (other than those that by their nature are satisfied or waived at closing), Parent and the Company have agreed to negotiate in good faith to adjust, or defer a portion of, the $5.10 in cash per Class A Share otherwise payable pursuant to the terms of the Merger Agreement so that this condition will be satisfied. On May 26, 2017, TerraForm Global, Inc., TerraForm Global, LLC, TerraForm Global Brazil Holding B.V. and TERP GLBL Brasil I Participacoes Ltda. entered into a Settlement Agreement and Mutual Release (the “Renova Settlement Agreement”) with Renova. The Renova Settlement Agreement resolves all disputes among the Company and Renova that are the subject of an ongoing arbitration proceeding in the Center for Arbitration and Mediation of the Chamber of Commerce Brazil-Canada (the “Renova Arbitration”). Concurrently with the execution of the Renova Settlement Agreement, TerraForm Global, Inc. and Parent entered into a letter agreement (the “Renova Letter Agreement”), pursuant to which Parent has agreed that upon the later to occur of (i) the effective time as described in the Renova Settlement Agreement and (ii) the closing of the share purchase contemplated by the PSA (as defined and described below), the condition to the obligations of Parent and Merger Sub to effect the Merger set forth in Section 7.2(c) ( Litigation Settlement ) of the Merger Agreement, solely with respect to Renova’s claims in the Renova Arbitration, has been satisfied and the aggregate payment made by the Company (net of any amounts funded directly or indirectly by insurance proceeds) under the Renova Settlement Agreement in connection with the settlement of Renova’s claims in the Renova Arbitration will be deemed to be zero . Also, concurrently with the execution of the Renova Settlement Agreement, Renova and Parent entered into a Purchase & Sale Agreement (the “PSA”) with respect to all of the shares of Class A common stock of TerraForm Global, Inc. owned by Renova (excluding the shares to be released from escrow to TerraForm Global, Inc. pursuant to the Renova Settlement Agreement). Pursuant to the terms of the PSA, Parent has agreed to purchase 19,535,004 shares of Class A common stock of TerraForm Global, Inc. from Renova for a purchase price in cash of $4.75 per share, or $92,791,269 in the aggregate. The consummation of the share purchase contemplated by the PSA is subject to customary conditions to closing and is conditioned upon the satisfaction of certain conditions set forth in the Renova Settlement Agreement described above, including the effectiveness of the mutual releases and release of the shares in escrow. Each of the Company, Parent and Merger Sub has made customary representations and warranties in the Merger Agreement. The Company has also agreed to various agreements and covenants, including, among others, and subject to certain exceptions, to conduct its business in the ordinary course between execution of the Merger Agreement and closing of the Merger and not to engage in certain specified types of transactions during such period. In addition, the Company is subject to a “no change of recommendation” restriction limiting its ability to change its recommendation in respect of the Merger except as permitted by the Merger Agreement and a “no shop” restriction on its ability to solicit alternative acquisition proposals from third parties and to provide information to, and engage in discussions with, third parties regarding alternative acquisition proposals. The Merger Agreement contains specified termination rights, including the right for each of the Company and Parent to terminate the Merger Agreement if the Merger is not consummated by December 6, 2017 (subject to a three -month extension under certain circumstances at the discretion of either the Company or Parent). The Merger Agreement provides for other customary termination rights for both the Company and Parent (including, for Parent, if the Board changes its recommendation in respect of the Merger) as more particularly set forth in the Merger Agreement. The Company is required to pay Parent a termination fee equal to $30.0 million following termination of the Agreement in the following circumstances: (i) the requisite stockholder approval has not been obtained by the termination date, and an alternative acquisition proposal to acquire the Company has been made or announced, and within 12 months of the termination of the Merger Agreement, the Company enters into a definitive agreement or consummates any alternative acquisition (as defined in the Merger Agreement), in such case, net of any expense fee paid by the Company to Parent in connection with the Merger; (ii) if either party terminates the Merger Agreement because the Bankruptcy Court Order has not been entered by the bankruptcy court by the date provided for such approval in the Settlement Agreement, and within 12 months of the termination of the Merger Agreement, the Company enters into a definitive agreement or consummates any alternative acquisition (as defined in the Merger Agreement), in such case, net of any expense fee paid by the Company to Parent in connection with the Merger; (iii) if either party terminates the Merger Agreement because the requisite stockholder approval has not been obtained or because the Agreement has not been consummated by the termination date, and at the time of termination, the Board has changed its recommendation in respect of the Merger; or (iv) if Parent terminates the Merger Agreement because the Board has made and not withdrawn a change of recommendation in respect of the Merger and at the time of Parent’s termination the Company has not obtained the requisite stockholder approval of the Merger or the Bankruptcy Court Order has not been entered by the bankruptcy court. In addition, if the Merger Agreement is terminated under certain circumstances, the Company has agreed to pay to Parent an $8.0 million expense reimbursement fee. The representations, warranties and covenants of the Company contained in the Merger Agreement have been made solely for the benefit of Parent and Merger Sub. In addition, such representations, warranties and covenants (a) have been made only for purposes of the Merger Agreement, (b) have been qualified by confidential disclosures made to Parent and Merger Sub in connection with the Merger Agreement, (c) are subject to materiality qualifications contained in the Merger Agreement that may differ from what may be viewed as material by investors and (d) have been included in the Merger Agreement for the purpose of allocating risk among the contracting parties rather than establishing matters as facts. Accordingly, the representations, warranties and covenants in the Merger Agreement have been disclosed only to provide investors with information regarding the terms of the Merger Agreement, and not to provide investors with any other factual information regarding the Company or its business. Investors should not rely on the representations, warranties and covenants or any descriptions thereof as characterizations of the actual state of facts or condition of the Company or any of its subsidiaries or affiliates. Moreover, information concerning the subject matter of the representations and warranties may have changed after the date of the Merger Agreement and may continue to change in the future, which subsequent information may or may not be fully reflected in the Company’s public disclosures. The Company's entry into the Merger Agreement, and its exploration of strategic alternatives generally, involve certain risks and uncertainties, which may, among other things, disrupt its business or adversely impact its revenue, operating results and financial condition. A change of control of the Company without the consent of the lenders under the Company’s corporate level revolving credit facility (the “Revolver”) would constitute an event of default under the Revolver and, pursuant to the indenture governing the Company's 9.75% Senior Notes due 2022 (the “Senior Notes”), would require TerraForm Global Operating, LLC, a wholly-owned subsidiary of Global LLC (“Global Operating LLC”), to offer to repurchase its outstanding Senior Notes at 101.0% of their principal amount, plus accrued and unpaid interest, if any, to the repurchase date. Additionally, the occurrence of such changes may trigger change of control provisions in certain of the Company’s Power Purchase Agreements (“PPAs”). There can be no assurance that the Company will be able to complete the Merger, and failure to complete the Merger may adversely impact its business. The foregoing description of the Merger Agreement, the Voting and Support Agreement, the Renova Settlement Agreement and the Renova Letter Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Merger Agreement, the Voting and Support Agreement, the Renova Settlement Agreement and the Renova Letter Agreement. SunEdison Bankruptcy and Settlement Agreement with SunEdison The Company's controlling shareholder, SunEdison, Inc., and certain of its affiliates voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code on April 21, 2016 (the “SunEdison Bankruptcy”). As discussed elsewhere in the Company’s unaudited condensed consolidated financial statements and the notes thereto contained in this Quarterly Report on Form 10-Q, the SunEdison Bankruptcy may have a material adverse effect on the Company. No assurance can be given on the outcome of the SunEdison Bankruptcy or its impact on the Company. The Company’s Conflicts Committee is responsible for oversight and approval of the business and affairs of the Company relating to or involving SunEdison and any of its affiliates (other than the Company), including in connection with the SunEdison Bankruptcy. The matters described in this section entitled “SunEdison Bankruptcy and Settlement Agreement with SunEdison” and other matters that presented conflict of interest issues between the Company and SunEdison have been approved and authorized pursuant to this authority by those members of the Conflicts Committee in place at the time the applicable decision was made. The Company is not a part of the SunEdison Bankruptcy and does not rely substantially on SunEdison for funding, liquidity, or operational or staffing support. The Company continues to participate actively in the SunEdison Bankruptcy proceedings, and the SunEdison Bankruptcy will continue to have a negative impact on the Company given its complex relationship with SunEdison. During the SunEdison Bankruptcy, SunEdison has not performed substantially as obligated under its agreements with the Company, including under sponsorship arrangements consisting of the various corporate level agreements put in place at the time of the Company’s IPO (collectively, the “Sponsorship Arrangement”) and certain operation and maintenance ("O&M") and asset management arrangements. SunEdison’s failure to perform substantially as obligated under its agreements with the Company, including under the Sponsorship Arrangement, project level O&M and asset management agreements and other support agreements may have a material adverse effect on the Company. Despite these adverse effects, the Company operates its business without significant support from SunEdison pursuant to plans for transitioning away from reliance on SunEdison that the Company is in the process of implementing. These plans include, among other things, establishing stand-alone information technology, accounting and other critical systems and infrastructure, directly hiring the Company's employees, and retaining third parties to provide O&M and asset management services for the Company's power plants where the Company does not perform these services itself. In addition to the one-time costs of implementing a stand-alone organization, the Company will be adversely affected to the extent it is unsuccessful in implementing the relevant plans or the resulting ongoing long-term costs are higher than the costs the Company expected to incur with SunEdison as a sponsor. The project level financing agreements for the Company’s two remaining levered power plants in India and its three power plants in South Africa contain provisions that provide the lenders with the right to accelerate debt maturity due to the SunEdison Bankruptcy because SunEdison is an original sponsor of the project and/or a party to certain material project agreements, such as O&M and engineering, procurement and construction related contracts. In addition, certain audited financial statements at the project level were delayed and may be delayed again in the future. Future delays would create defaults at the project level for the Company's levered power plants. If not cured or waived, these defaults may restrict the ability of the project companies to make distributions to the Company and may provide the lenders with the right to accelerate debt maturity. However, neither the Revolver nor the indenture governing the Senior Notes includes an event of default provision triggered by the SunEdison Bankruptcy, and none of its power purchase agreements includes a provision that would permit the offtake counterparty to terminate the agreement as a result of the SunEdison Bankruptcy. On September 25, 2016, the Company filed its initial proof of claim in the SunEdison Bankruptcy, and filed an amended proof of claim on October 7, 2016. As set forth in the proofs of claim, the Company believes it has unsecured claims against SunEdison that it estimates are in excess of $2.0 billion . These claims include, without limitation, claims for damages relating to breach of SunEdison's obligations under the Sponsorship Arrangement between the Company and SunEdison and other agreements; contribution and indemnification claims arising from litigation; claims relating to SunEdison’s breach of fiduciary, agency and other duties; and claims for interference with and the disruption of the business of the Company and its subsidiaries, including the loss of business opportunities, loss of business records, failure to provide timely audited financials, and the increased cost of financing and commercial arrangements. Many of these claims are contingent, unliquidated and/or disputed by SunEdison and other parties in interest in the SunEdison Bankruptcy, and the estimated amounts of these claims may change substantially as circumstances develop and damages are determined. In addition, recoveries on unsecured claims in the SunEdison Bankruptcy are expected to be significantly impaired. In addition, the Company believes that it may have claims entitled to administrative priority against SunEdison, including, without limitation, claims with respect to certain expenses that the Company has incurred after the commencement of the SunEdison Bankruptcy; however, the Company expects SunEdison and other parties in interest in the SunEdison Bankruptcy to dispute both the amount of these claims and whether or not these claims are entitled to administrative priority over other claims against SunEdison. On November 7, 2016, the unsecured creditors’ committee in the SunEdison Bankruptcy case filed a motion with the bankruptcy court seeking standing to assert against the Company, on behalf of SunEdison, avoidance claims arising from intercompany transactions between the Company and SunEdison. If the Settlement Agreement becomes effective, the Company expects this standing motion will be withdrawn. If the Settlement Agreement is terminated or if the standing motion is not withdrawn, the Company expects to vigorously contest this standing motion and, if standing is granted, the underlying avoidance claims. On March 6, 2017, the Company entered into a settlement agreement with SunEdison in connection with the SunEdison Bankruptcy and the Merger Agreement (the “Settlement Agreement”). The Settlement Agreement was approved by the bankruptcy court overseeing the SunEdison Bankruptcy on June 7, 2017; however, its effectiveness is conditional on the completion of the Brookfield Transaction. The Settlement Agreement contains certain terms to resolve the complex legal relationship between the Company and SunEdison, including, among other things, an allocation of the total consideration paid in connection with the Brookfield Transaction and, with certain exceptions, the full mutual release of all claims between SunEdison and its affiliated debtors and non-debtors, on the one hand, and the Company and its subsidiaries, on the other hand. Under the settlement terms, following the exchange of all of its Class B shares in TerraForm Global, Inc. and the Class B units in Global LLC for Class A Shares, SunEdison will receive consideration equal to 25.0% of the total consideration paid to all of the Company's shareholders, reflecting the settlement of intercompany claims and cancellation of incentive distribution rights. The remaining 75.0% of the consideration will be distributed to existing Class A shareholders. In addition, upon the effectiveness of the Settlement Agreement, with certain limited exceptions, all agreements between the Company and its subsidiaries, on the one hand, and SunEdison and its subsidiaries, on the other hand, including the agreements comprising the Sponsorship Arrangement, would be terminated. There can be no assurance that the Settlement Agreement will become effective, and such failure may adversely impact the Company's business. The foregoing description of the Settlement Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Settlement Agreement. Going Concern The accompanying unaudited condensed consolidated financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. The unaudited condensed consolidated financial statements do not include any adjustments that might be necessary should the Company be unable to continue as a going concern. The Company believes that it has observed formalities and operating procedures to maintain its separate existence, that the Company's assets and liabilities can be readily identified as distinct from those of SunEdison and that the Company does not rely substantially on SunEdison for funding or liquidity and will have sufficient liquidity to support the Company's ongoing operations. The Company's contingency planning with respect to the SunEdison Bankruptcy has included and will include, among other things, establishing stand-alone information technology, accounting and other critical systems and infrastructure, directly hiring employees necessary to operate its business and establishing employee retention efforts, retaining third parties to provide O&M and asset management services for the Company's power plants where it does not perform these services itself and the pursuit of strategic alternatives. However, there is a risk that an interested party in the SunEdison Bankruptcy could request that the assets and liabilities of the Company be substantively consolidated with SunEdison and that the Company and/or its assets and liabilities be included in the SunEdison Bankruptcy. While it has not been requested to date and the Company believes there is no basis for substantive consolidation in its circumstances, there can be no assurance that substantive consolidation will not be requested in the future or that the bankruptcy court would not consider it. Substantive consolidation is an equitable remedy in bankruptcy that results in the pooling of assets and liabilities of the debtor and one or more of its affiliates solely for purposes of the bankruptcy case, including for purposes of distributions to creditors and voting on and treatment under a reorganization plan. Bankruptcy courts have broad equitable powers, and as a result, outcomes in bankruptcy proceedings are inherently difficult to predict. To the extent the bankruptcy court were to determine that substantive consolidation was appropriate under the Company's facts and circumstances, the assets and liabilities of the Company could be made available to help satisfy the debt or contractual obligations of SunEdison. There have also been covenant defaults under certain of the Company's project level financing arrangements, mainly because of delays in the delivery of project level audited financial statements and the SunEdison Bankruptcy, which resulted in defaults because SunEdison, Inc. and certain of its affiliates have been serving as O&M and asset management service providers or as guarantors under relevant contracts. The Company has been working diligently with its lenders to cure or waive instances of default, including through the completion of project level audits and the retention of replacement service providers. However, there can be no assurance that all remaining defaults will be cured or waived. All of the Company's project level financing arrangements are on a non-recourse basis, and therefore these defaults do not directly affect the financial position of the Company. However, if the remaining defaults are not cured or waived, this would continue to restrict the ability of the relevant project companies to make distributions to the Company, and may entitle certain project level lenders to demand repayment or enforce their security interests or other remedies. Additionally, covenant defaults may occur in the future under the indenture governing the Company's 9.75% senior notes due 2022 (the “Senior Notes”) in the event of further delays in the filing of the Company’s periodic reports with the Securities and Exchange Commission (the “SEC”). There can be no assurance that the Company will be able to file its periodic reports with the SEC within the periods currently required under the indenture governing the Senior Notes or that holders of the Senior Notes will agree to any required extension of financial statement filing dates on acceptable terms or at all. A default on the Senior Notes would permit the trustee or the holders of at least 25.0% in aggregate principal amount of notes outstanding to accelerate the Senior Notes. The Company would likely not have sufficient liquidity to meet this obligation, which could have a material adverse effect on its business, results of operations, financial condition and ability to pay dividends. The risk of substantive consolidation of the Company with SunEdison and inclusion in the SunEdison Bankruptcy, as well as the risk of future covenant defaults under the indenture governing the Senior Notes, raise substantial doubt about the Company’s ability to continue as a going concern. Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with SEC regulations for interim financial information. Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States of America ("U.S. GAAP") for complete financial statements. The financial statements should be read in conjunction with the accounting policies and other disclosures as set forth in the notes to the Company’s annual financial statements for the year ended December 31, 2016, filed with the SEC on Form 10-K on June 15, 2017. Certain solar power plants in the Company’s current portfolio have been contributed from SunEdison (also referred to as a “dropdown”) and are reflected in the accompanying unaudited condensed consolidated balance sheets at SunEdison’s historical cost. When power plants are contributed or acquired from SunEdison, the Company is required to recast its historical financial statements to reflect the assets and liabilities of the acquired power plants for the period such power plants were owned by SunEdison in accordance with rules applicable to transactions between entities under common control. The accompanying unaudited condensed consolidated financial statements represent the results of TerraForm Global, Inc., which consolidates Global LLC through its controlling interest. Corporate expenses represent those costs allocated to the Company under the Management Services Agreement, as more fully described in Note 16 - Related Parties . In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all material adjustments consisting of normal and recurring adjustments necessary to present fairly the Company’s unaudited condensed consolidated financial position as of March 31, 2017, and the results of operations, comprehensive income and cash flows for the three months ended March 31, 2017 and 2016. Use of Estimates In preparing the unaudited condensed consolidated financial statements in conformity with U.S. GAAP, the Company used estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements. Such estimates also affect the reported amounts of revenues, expenses and cash flows during the reporting period. To the extent there are material differences between the estimates and actual results, the Company's future results of operations would be affected. Restricted Cash Restricted cash consists of cash on deposit in financial institutions that is restricted to satisfy the requirements of certain debt and acquisition agreements and funds held within the Company's project companies that are restricted for current debt service payments and other purposes in accordance with the applicable debt agreements. These restrictions include: (i) cash on deposit in collateral accounts, debt service reserve accounts, and maintenance reserve accounts; and (ii) cash on deposit in operating accounts but subject to distribution restrictions due to debt defaults, as of the balance sheet date. New Accounting Standards In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers , which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. ASU 2014-09 is effective for the Company on January 1, 2018. Early adoption is permitted but not before January 1, 2017. ASU 2014-09 permits the use of either a retrospective or cumulative effect transition method. The Company has not determined which transition method it will adopt, and it is currently evaluating the impact that ASU 2014-09 will have on its consolidated financial statements and related disclosures upon adoption. The Company does not plan to adopt this standard prior to January 1, 2018. In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern , which describes how an entity should assess its ability to meet obligations and sets rules for how this information should be disclosed in the financial statements. ASU 2014-15 provide

Acquisitions

Acquisitions	3 Months Ended
	Mar. 31, 2017
Business Combinations [Abstract]
Acquisitions	ACQUISITIONS 2017 Pending Acquisition Acquisition of BioTherm In April 2015, the Company entered into purchase and sale agreements to acquire a controlling interest in three operating power plants located in South Africa with an aggregate net capacity of 32.6 MW from BTSA Netherlands Coöperatie U.A. (“BioTherm”). The aggregate consideration payable for the controlling interests in these three power plants is approximately $75.4 million in cash, comprised of approximately $67.6 million and ZAR 100.4 million ( $7.8 million as of March 31, 2017), plus 544,055 shares of the Company’s Class A common stock, which is fixed in accordance with the purchase and sale agreements. The aggregate consideration includes amounts for certain additional rights and services. The completion of the BioTherm transaction remains subject to obtaining consents from project lenders and is expected to occur in the second half of 2017. In August 2015, the Company paid $65.6 million in cash for the interests in the Aries and Konkoonsies solar power plants and the Klipheuwel wind power plant, as well as certain additional rights. In addition to the cash consideration, the Company provided 544,055 shares of its Class A common stock as consideration for the interests in the three power plants. Approximately $20.3 million of the cash payment and all of the 544,055 shares of the Company’s Class A common stock were deposited into an escrow account. The remaining cash portion of this escrow deposit is reported as non-current restricted cash on the Company’s unaudited condensed consolidated balance sheet as of March 31, 2017. The remaining paid consideration of $41.2 million in cash and the August 2015 fair value of the 544,055 shares are reported as a deposit for acquisitions on the Company’s unaudited condensed consolidated balance sheet as of March 31, 2017. As of March 31, 2017, the remaining balance due was approximately $9.8 million , comprised of $2.0 million and ZAR 11.6 million ( $0.9 million ) due to BioTherm and ZAR 88.9 million ( $6.9 million ) due to minority interests. Prior to the completion of the BioTherm transaction, BioTherm is required to direct payment of all distributions from the Klipheuwel wind power plant to the Company, and the Company and BioTherm are required to jointly direct the release of amounts equal to the cash distributions from the Aries and Konkoonsies solar power plants from the escrow to the Company. Pending receipt of the consents from the project lenders, the Company may at its discretion direct a sale of the power plants to a third party. In respect of the Aries and Konkoonsies solar power plants, due to the fact that the closing did not occur by November 30, 2016, the parties have engaged in discussion to agree upon an alternative structure that would permit release of the escrowed funds as required pursuant to the applicable purchase and sale agreements. Failure to complete the transaction, or to reach agreement upon an alternative structure that would permit release of the escrowed funds, by July 17, 2017 would entitle BioTherm to sell the power plants to a third party. Upon closing of a sale to a third party, all sale proceeds are required to be paid to the Company, any amounts remaining in the escrow account are required to be released to BioTherm and the Company is required to pay the remainder of the purchase price. 2016 Acquisitions and Dropdowns Dropdown of NPS Star and WXA On February 24, 2016, SunEdison transferred to the Company a 49.0% equity interest, constituting a controlling interest and substantially all of the economic interest, in each of NPS Star and WXA, each of which consists of three solar power plants located in Thailand. These solar power plants, which achieved commercial operation in December 2015 and represent 35.6 MW of aggregate net capacity, were required to be contributed to the Company, without further payment, pursuant to the Project Investment Agreement between SunEdison and the Company. Acquisition of Alto Cielo On April 8, 2016, the Company completed the acquisition of a 100.0% ownership interest in the Alto Cielo solar power plant located in Uruguay with an aggregate net capacity of 26.4 MW from Solarpack Corporación Tecnológica, S.L. The power plant reached commercial operation in March 2016. The aggregate cash consideration paid for the Alto Cielo power plant was $32.3 million , of which $1.1 million was being held in escrow accounts as of March 31, 2017 until certain conditions are met. The acquisition date allocation of assets and liabilities for the Alto Cielo solar power plant is as follows: 2016 (In thousands) Alto Cielo Cash and cash equivalents $ 190 Restricted cash 1,923 Accounts receivable 311 Power plants 35,414 Other assets 2,738 Total assets acquired 40,576 Accrued expenses and other current liabilities 3,670 Deferred tax liabilities 557 Long-term debt, including current portion 4,031 Total liabilities assumed 8,258 Fair value of net assets acquired $ 32,318 Transfer of Balance of Equity in Certain Power Plants in India In April 2016, SunEdison transferred to the Company the balance of 51.0% of the equity interests in the NSM Suryalabh, NSM Sitara and NSM L’Volta solar power plants in India following the expiration of the equity lock-up period in the applicable PPAs. Consideration for the transfer of the balance of 51.0% of the equity interests in these power plants was received by SunEdison in the form of shares of the Company’s Class B common stock that were issued to SunEdison at the time of the Company's IPO, and there was no further payment made by the Company to SunEdison at the time of the transfer. In October 2016, SunEdison sold to the Company 11.0% of the equity interests in the Millenium solar power plant in India for cash consideration of approximately $1.0 million . In addition, SunEdison transferred to the Company the balance of 51.0% of the equity interests in the Focal solar power plant in India following the expiration of the equity lock-up period in the applicable PPAs, at which time the Company was required to make a cash payment of $0.5 million to the original project developer, a third party. Consideration for the transfer of the balance of 51.0% of the equity interests in the Focal power plant was received by SunEdison in the form of shares of the Company’s Class B common stock that were issued to SunEdison at the time of the Company's IPO, and there was no further payment made by the Company to SunEdison at the time of the transfer. In October 2016, the Company also entered into arrangements with SunEdison for the transfer of the balance of the equity interests in the Millenium, Azure, ESP Urja and SE 25 solar power plants in India, in each case following the expiration of the equity lock-up period in the applicable PPAs (ranging from November 2016 to March 2017) and without further action by SunEdison. Consideration for the transfer of the balance of the equity interests in these power plants was received by SunEdison in the form of shares of the Company’s Class B common stock that were issued to SunEdison at the time of the Company's IPO, and there was no further payment made by the Company to SunEdison at the time of the transfers. In accordance with these arrangements, in November 2016, December 2016 and January 2017, the balance of 26.0% of the equity interests in Azure, ESP Urja and Millenium, respectively, was transferred to the Company. In March 2017, 100.0% of the equity interests in SE 25 were transferred to the Company. Termination of Renova - ESPRA On March 29, 2016, the Company entered into a Termination Agreement (the “Termination Agreement”) with Renova with respect to the Securities Purchase Agreement dated July 15, 2015 among the Company, SunEdison and Renova relating to the ESPRA hydro-electric power plant (the “ESPRA SPA”). The Termination Agreement provides that, subject to the satisfaction of certain conditions, the ESPRA SPA will be terminated by mutual agreement of the Company and Renova. These conditions were satisfied on March 31, 2016 and the ESPRA SPA has been terminated. The Termination Agreement provides that the Company will pay Renova $10.0 million in connection with the termination of the ESPRA SPA. The Company made this payment to Renova on April 1, 2016. Pursuant to the Termination Agreement, the Company and Renova have granted each other full releases of any further obligations under the ESPRA SPA. DEPOSITS FOR ACQUISITIONS Deposits for acquisitions consist of: As of March 31, As of December 31, (In thousands) 2017 2016 India PSA payment to SunEdison $ 231,000 $ 231,000 BioTherm payment 51,101 51,101 Total deposits for acquisitions 282,101 282,101 Less: provision for contingent loss (231,000 ) (231,000 ) Less: BioTherm distribution (4,110 ) (2,827 ) Total deposits for acquisitions, net $ 46,991 $ 48,274 425 MW India Projects On November 20, 2015, the Company and SunEdison Holdings Corporation entered into an Equity Interest Purchase and Sale Agreement pursuant to which the Company agreed to acquire from SunEdison Holdings Corporation a portfolio of 17 solar energy projects in India with an aggregate nameplate capacity of 425 MW (the “425 MW India Projects”). This agreement was subsequently amended and restated on December 1, 2015. Pursuant to the Amended and Restated Equity Interest Purchase and Sale Agreement (the “India PSA”), the Company paid $231.0 million in cash to SunEdison Holdings Corporation in the fourth quarter of 2015 in exchange for the 425 MW India Projects, which projects would be transferred to the Company upon satisfaction of certain conditions precedent. During 2016, and beginning prior to the SunEdison Bankruptcy, the Company became aware that there was substantial risk that the 425 MW India Projects would not be completed and transferred to the Company in accordance with the India PSA. In April 2016, the Company filed a verified complaint against SunEdison, SunEdison Holdings Corporation (collectively with SunEdison, the “SunEdison Defendants”), Ahmad Chatila, Martin Truong and Brian Wuebbels in the Court of Chancery in the State of Delaware (see Note 15 - Commitments and Contingencies ). The complaint asserts claims for breach of fiduciary duty, breach of contract and unjust enrichment relating to the failure by SunEdison to transfer the equity interests in the 425 MW India Projects, for which the Company paid $231.0 million in the fourth quarter of 2015. The complaint seeks various forms of relief, including a constructive trust upon the equity interests of SunEdison in the 425 MW India Projects, money damages from the defendants, restoration of the $231.0 million to the Company and such other relief as the court may deem just and proper. The claims against SunEdison have been stayed as a result of the SunEdison Bankruptcy. The individual defendants filed an answer to the complaint on June 30, 2016. The Settlement Agreement includes a release by the Company of its claims against the SunEdison Defendants, including all of the Company’s claims relating to the 425 MW India Projects, and if the Settlement Agreement becomes effective the Company will not recover any amounts on these claims outside of the consideration received under the terms of the Settlement Agreement. If the Settlement Agreement is terminated, the Company expects to continue to pursue its claims against the SunEdison Defendants. The Settlement Agreement does not include a release by the Company of its claims against the individual defendants with respect to their actions as directors and/or officers of the Company. The $231.0 million paid by the Company in accordance with the India PSA is reported as a deposit for acquisitions on the Company’s unaudited condensed consolidated balance sheets as of March 31, 2017 and December 31, 2016 . The Company determined that the deposit for acquisition of the 425 MW India Projects was impaired as of December 31, 2015, and recorded a provision for contingent loss of the full $231.0 million in the consolidated balance sheet as of December 31, 2015. The Company also recorded a corresponding charge in the consolidated statement of operations for the year ended December 31, 2015. The provision for contingent loss remained on the unaudited condensed consolidated balance sheet as of March 31, 2017 . In September 2016, the Company reached an agreement with certain subsidiaries of SunEdison pursuant to which the Company consented to the sale of certain of SunEdison’s subsidiaries’ assets to a third party buyer (the “Third Party Sale Transaction”). The Third Party Sale Transaction was conducted in connection with SunEdison’s bankruptcy process and included the Uruguay Projects, the Bora Bora Poly wind power project in India and the 425 MW India Projects. The Company has agreed not to pursue claims against a third party buyer of these projects, however the Company has retained all of its claims against SunEdison and its affiliated persons. As a condition to the Company’s consent to the Third Party Sale Transaction, the Company and certain subsidiaries of SunEdison that directly or indirectly own the assets that are subject to the Third Party Sale Transaction have entered into a proceeds sharing arrangement pursuant to which the Company is entitled to receive a portion of the cash proceeds received by the SunEdison parties in the Third Party Sale Transaction. In September 2016, the Company received $6.7 million in cash proceeds from this arrangement. The Company has not received, and does not expect to receive, any additional cash proceeds from this arrangement going forward. BioTherm In August 2015, the Company paid $65.6 million in cash for the interests in the Aries and Konkoonsies solar power plants and the Klipheuwel wind power plant, as well as certain additional rights. In addition to the cash consideration, the Company provided 544,055 shares of its Class A common stock as consideration for the interests in the three power plants. In accordance with the funding arrangements, during the first quarter of 2017, the Company received $1.3 million from the escrow account holding the purchase consideration for the Aries and Konkoonsies solar power plants, which reduced the outstanding balance of the escrow account from $16.4 million as of December 31, 2016 to $15.1 million as of March 31, 2017. Additionally, in the first quarter of 2017, the Company received a $1.2 million distribution from BioTherm with respect to the Klipheuwel wind power plant. Cash paid to the escrow account is reported as non-current restricted cash in the Company’s unaudited condensed consolidated balance sheet. The remaining paid consideration of $41.2 million in cash and the August 2015 fair value of the 544,055 shares are reported as a deposit for acquisitions on the Company’s unaudited condensed consolidated balance sheet as of March 31, 2017. The completion of the BioTherm transaction remains subject to obtaining consents from the project lenders. See Note 2 - Acquisitions for additional details related to this acquisition.

Power Plants

Power Plants	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Power Plants	POWER PLANTS Power plants, net consists of: (In thousands) March 31, 2017 December 31, 2016 Land $ 10,205 $ 9,787 Solar power plants 793,901 763,147 Wind power plants 708,402 676,824 Total power plants in service, at cost 1,512,508 1,449,758 Less: accumulated depreciation (112,528 ) (94,634 ) Total power plants in service, net 1,399,980 1,355,124 Construction in progress 497 238 Total power plants, net $ 1,400,477 $ 1,355,362 The Company recorded depreciation expense related to power plants of $14.1 million and $13.6 million for the three months ended March 31, 2017 and 2016, respectively. Construction in progress represents costs incurred to complete the construction of the power plants in the Company’s current portfolio that were either contributed to the Company by SunEdison or acquired from SunEdison. When power plants are contributed or sold to the Company after completion by SunEdison, the Company retroactively recasts its historical financial statements to present the construction activity as if it consolidated the power plants at inception of the construction. All construction in progress costs are stated at SunEdison’s historical cost. Certain of the Company's solar power plants in India are entitled to receive viability gap funding support in an amount determined through a competitive bidding process. The viability gap funding support is funded by India’s National Clean Energy Fund and is paid by the offtake counterparty to these solar power plants, the Solar Energy Corporation of India, a not-for-profit company established by the Ministry of New and Renewable Energy to facilitate solar energy generation capacity in India. The program is expected to provide viability gap funding subsidies to the applicable solar power plants in the aggregate amount of INR 1,189.4 million , 50.0% of which is payable as early as three months after each power plant's commissioning, and 10.0% of which is payable each year for five years thereafter, subject to the plant meeting certain requirements. SECI is contractually obligated to establish an irrevocable letter of credit to secure its payment obligations. The Company recorded the awarded viability gap funding in full as a reduction to the cost of power plants in service, with a $2.4 million and $2.3 million receivable included in current other assets, and $3.6 million and $3.4 million in other assets in the unaudited condensed consolidated balance sheet as of March 31, 2017 and December 31, 2016 , respectively. The current portion of the viability gap funding includes the initial 50.0% receivable following the solar power plant’s commercial operation date and the 10.0% receivable in the first year thereafter. The initial 50.0% receivable, or $8.9 million , was received in cash during 2016. The remaining portion of the current receivable is expected to be received in the third quarter of 2017. It is possible that $3.1 million of the remaining receivable balance of one of the power plants will not be received due to a lower capacity utilization factor than required under the applicable PPA. As the result, the Company has reserved this amount against property, plant and equipment.

Deposits for Acquisitions

Deposits for Acquisitions	3 Months Ended
	Mar. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deposits for Acquisitions	ACQUISITIONS 2017 Pending Acquisition Acquisition of BioTherm In April 2015, the Company entered into purchase and sale agreements to acquire a controlling interest in three operating power plants located in South Africa with an aggregate net capacity of 32.6 MW from BTSA Netherlands Coöperatie U.A. (“BioTherm”). The aggregate consideration payable for the controlling interests in these three power plants is approximately $75.4 million in cash, comprised of approximately $67.6 million and ZAR 100.4 million ( $7.8 million as of March 31, 2017), plus 544,055 shares of the Company’s Class A common stock, which is fixed in accordance with the purchase and sale agreements. The aggregate consideration includes amounts for certain additional rights and services. The completion of the BioTherm transaction remains subject to obtaining consents from project lenders and is expected to occur in the second half of 2017. In August 2015, the Company paid $65.6 million in cash for the interests in the Aries and Konkoonsies solar power plants and the Klipheuwel wind power plant, as well as certain additional rights. In addition to the cash consideration, the Company provided 544,055 shares of its Class A common stock as consideration for the interests in the three power plants. Approximately $20.3 million of the cash payment and all of the 544,055 shares of the Company’s Class A common stock were deposited into an escrow account. The remaining cash portion of this escrow deposit is reported as non-current restricted cash on the Company’s unaudited condensed consolidated balance sheet as of March 31, 2017. The remaining paid consideration of $41.2 million in cash and the August 2015 fair value of the 544,055 shares are reported as a deposit for acquisitions on the Company’s unaudited condensed consolidated balance sheet as of March 31, 2017. As of March 31, 2017, the remaining balance due was approximately $9.8 million , comprised of $2.0 million and ZAR 11.6 million ( $0.9 million ) due to BioTherm and ZAR 88.9 million ( $6.9 million ) due to minority interests. Prior to the completion of the BioTherm transaction, BioTherm is required to direct payment of all distributions from the Klipheuwel wind power plant to the Company, and the Company and BioTherm are required to jointly direct the release of amounts equal to the cash distributions from the Aries and Konkoonsies solar power plants from the escrow to the Company. Pending receipt of the consents from the project lenders, the Company may at its discretion direct a sale of the power plants to a third party. In respect of the Aries and Konkoonsies solar power plants, due to the fact that the closing did not occur by November 30, 2016, the parties have engaged in discussion to agree upon an alternative structure that would permit release of the escrowed funds as required pursuant to the applicable purchase and sale agreements. Failure to complete the transaction, or to reach agreement upon an alternative structure that would permit release of the escrowed funds, by July 17, 2017 would entitle BioTherm to sell the power plants to a third party. Upon closing of a sale to a third party, all sale proceeds are required to be paid to the Company, any amounts remaining in the escrow account are required to be released to BioTherm and the Company is required to pay the remainder of the purchase price. 2016 Acquisitions and Dropdowns Dropdown of NPS Star and WXA On February 24, 2016, SunEdison transferred to the Company a 49.0% equity interest, constituting a controlling interest and substantially all of the economic interest, in each of NPS Star and WXA, each of which consists of three solar power plants located in Thailand. These solar power plants, which achieved commercial operation in December 2015 and represent 35.6 MW of aggregate net capacity, were required to be contributed to the Company, without further payment, pursuant to the Project Investment Agreement between SunEdison and the Company. Acquisition of Alto Cielo On April 8, 2016, the Company completed the acquisition of a 100.0% ownership interest in the Alto Cielo solar power plant located in Uruguay with an aggregate net capacity of 26.4 MW from Solarpack Corporación Tecnológica, S.L. The power plant reached commercial operation in March 2016. The aggregate cash consideration paid for the Alto Cielo power plant was $32.3 million , of which $1.1 million was being held in escrow accounts as of March 31, 2017 until certain conditions are met. The acquisition date allocation of assets and liabilities for the Alto Cielo solar power plant is as follows: 2016 (In thousands) Alto Cielo Cash and cash equivalents $ 190 Restricted cash 1,923 Accounts receivable 311 Power plants 35,414 Other assets 2,738 Total assets acquired 40,576 Accrued expenses and other current liabilities 3,670 Deferred tax liabilities 557 Long-term debt, including current portion 4,031 Total liabilities assumed 8,258 Fair value of net assets acquired $ 32,318 Transfer of Balance of Equity in Certain Power Plants in India In April 2016, SunEdison transferred to the Company the balance of 51.0% of the equity interests in the NSM Suryalabh, NSM Sitara and NSM L’Volta solar power plants in India following the expiration of the equity lock-up period in the applicable PPAs. Consideration for the transfer of the balance of 51.0% of the equity interests in these power plants was received by SunEdison in the form of shares of the Company’s Class B common stock that were issued to SunEdison at the time of the Company's IPO, and there was no further payment made by the Company to SunEdison at the time of the transfer. In October 2016, SunEdison sold to the Company 11.0% of the equity interests in the Millenium solar power plant in India for cash consideration of approximately $1.0 million . In addition, SunEdison transferred to the Company the balance of 51.0% of the equity interests in the Focal solar power plant in India following the expiration of the equity lock-up period in the applicable PPAs, at which time the Company was required to make a cash payment of $0.5 million to the original project developer, a third party. Consideration for the transfer of the balance of 51.0% of the equity interests in the Focal power plant was received by SunEdison in the form of shares of the Company’s Class B common stock that were issued to SunEdison at the time of the Company's IPO, and there was no further payment made by the Company to SunEdison at the time of the transfer. In October 2016, the Company also entered into arrangements with SunEdison for the transfer of the balance of the equity interests in the Millenium, Azure, ESP Urja and SE 25 solar power plants in India, in each case following the expiration of the equity lock-up period in the applicable PPAs (ranging from November 2016 to March 2017) and without further action by SunEdison. Consideration for the transfer of the balance of the equity interests in these power plants was received by SunEdison in the form of shares of the Company’s Class B common stock that were issued to SunEdison at the time of the Company's IPO, and there was no further payment made by the Company to SunEdison at the time of the transfers. In accordance with these arrangements, in November 2016, December 2016 and January 2017, the balance of 26.0% of the equity interests in Azure, ESP Urja and Millenium, respectively, was transferred to the Company. In March 2017, 100.0% of the equity interests in SE 25 were transferred to the Company. Termination of Renova - ESPRA On March 29, 2016, the Company entered into a Termination Agreement (the “Termination Agreement”) with Renova with respect to the Securities Purchase Agreement dated July 15, 2015 among the Company, SunEdison and Renova relating to the ESPRA hydro-electric power plant (the “ESPRA SPA”). The Termination Agreement provides that, subject to the satisfaction of certain conditions, the ESPRA SPA will be terminated by mutual agreement of the Company and Renova. These conditions were satisfied on March 31, 2016 and the ESPRA SPA has been terminated. The Termination Agreement provides that the Company will pay Renova $10.0 million in connection with the termination of the ESPRA SPA. The Company made this payment to Renova on April 1, 2016. Pursuant to the Termination Agreement, the Company and Renova have granted each other full releases of any further obligations under the ESPRA SPA. DEPOSITS FOR ACQUISITIONS Deposits for acquisitions consist of: As of March 31, As of December 31, (In thousands) 2017 2016 India PSA payment to SunEdison $ 231,000 $ 231,000 BioTherm payment 51,101 51,101 Total deposits for acquisitions 282,101 282,101 Less: provision for contingent loss (231,000 ) (231,000 ) Less: BioTherm distribution (4,110 ) (2,827 ) Total deposits for acquisitions, net $ 46,991 $ 48,274 425 MW India Projects On November 20, 2015, the Company and SunEdison Holdings Corporation entered into an Equity Interest Purchase and Sale Agreement pursuant to which the Company agreed to acquire from SunEdison Holdings Corporation a portfolio of 17 solar energy projects in India with an aggregate nameplate capacity of 425 MW (the “425 MW India Projects”). This agreement was subsequently amended and restated on December 1, 2015. Pursuant to the Amended and Restated Equity Interest Purchase and Sale Agreement (the “India PSA”), the Company paid $231.0 million in cash to SunEdison Holdings Corporation in the fourth quarter of 2015 in exchange for the 425 MW India Projects, which projects would be transferred to the Company upon satisfaction of certain conditions precedent. During 2016, and beginning prior to the SunEdison Bankruptcy, the Company became aware that there was substantial risk that the 425 MW India Projects would not be completed and transferred to the Company in accordance with the India PSA. In April 2016, the Company filed a verified complaint against SunEdison, SunEdison Holdings Corporation (collectively with SunEdison, the “SunEdison Defendants”), Ahmad Chatila, Martin Truong and Brian Wuebbels in the Court of Chancery in the State of Delaware (see Note 15 - Commitments and Contingencies ). The complaint asserts claims for breach of fiduciary duty, breach of contract and unjust enrichment relating to the failure by SunEdison to transfer the equity interests in the 425 MW India Projects, for which the Company paid $231.0 million in the fourth quarter of 2015. The complaint seeks various forms of relief, including a constructive trust upon the equity interests of SunEdison in the 425 MW India Projects, money damages from the defendants, restoration of the $231.0 million to the Company and such other relief as the court may deem just and proper. The claims against SunEdison have been stayed as a result of the SunEdison Bankruptcy. The individual defendants filed an answer to the complaint on June 30, 2016. The Settlement Agreement includes a release by the Company of its claims against the SunEdison Defendants, including all of the Company’s claims relating to the 425 MW India Projects, and if the Settlement Agreement becomes effective the Company will not recover any amounts on these claims outside of the consideration received under the terms of the Settlement Agreement. If the Settlement Agreement is terminated, the Company expects to continue to pursue its claims against the SunEdison Defendants. The Settlement Agreement does not include a release by the Company of its claims against the individual defendants with respect to their actions as directors and/or officers of the Company. The $231.0 million paid by the Company in accordance with the India PSA is reported as a deposit for acquisitions on the Company’s unaudited condensed consolidated balance sheets as of March 31, 2017 and December 31, 2016 . The Company determined that the deposit for acquisition of the 425 MW India Projects was impaired as of December 31, 2015, and recorded a provision for contingent loss of the full $231.0 million in the consolidated balance sheet as of December 31, 2015. The Company also recorded a corresponding charge in the consolidated statement of operations for the year ended December 31, 2015. The provision for contingent loss remained on the unaudited condensed consolidated balance sheet as of March 31, 2017 . In September 2016, the Company reached an agreement with certain subsidiaries of SunEdison pursuant to which the Company consented to the sale of certain of SunEdison’s subsidiaries’ assets to a third party buyer (the “Third Party Sale Transaction”). The Third Party Sale Transaction was conducted in connection with SunEdison’s bankruptcy process and included the Uruguay Projects, the Bora Bora Poly wind power project in India and the 425 MW India Projects. The Company has agreed not to pursue claims against a third party buyer of these projects, however the Company has retained all of its claims against SunEdison and its affiliated persons. As a condition to the Company’s consent to the Third Party Sale Transaction, the Company and certain subsidiaries of SunEdison that directly or indirectly own the assets that are subject to the Third Party Sale Transaction have entered into a proceeds sharing arrangement pursuant to which the Company is entitled to receive a portion of the cash proceeds received by the SunEdison parties in the Third Party Sale Transaction. In September 2016, the Company received $6.7 million in cash proceeds from this arrangement. The Company has not received, and does not expect to receive, any additional cash proceeds from this arrangement going forward. BioTherm In August 2015, the Company paid $65.6 million in cash for the interests in the Aries and Konkoonsies solar power plants and the Klipheuwel wind power plant, as well as certain additional rights. In addition to the cash consideration, the Company provided 544,055 shares of its Class A common stock as consideration for the interests in the three power plants. In accordance with the funding arrangements, during the first quarter of 2017, the Company received $1.3 million from the escrow account holding the purchase consideration for the Aries and Konkoonsies solar power plants, which reduced the outstanding balance of the escrow account from $16.4 million as of December 31, 2016 to $15.1 million as of March 31, 2017. Additionally, in the first quarter of 2017, the Company received a $1.2 million distribution from BioTherm with respect to the Klipheuwel wind power plant. Cash paid to the escrow account is reported as non-current restricted cash in the Company’s unaudited condensed consolidated balance sheet. The remaining paid consideration of $41.2 million in cash and the August 2015 fair value of the 544,055 shares are reported as a deposit for acquisitions on the Company’s unaudited condensed consolidated balance sheet as of March 31, 2017. The completion of the BioTherm transaction remains subject to obtaining consents from the project lenders. See Note 2 - Acquisitions for additional details related to this acquisition.

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2017
Finite-Lived Intangible Assets, Net [Abstract]
Intangible Assets	INTANGIBLE ASSETS The following table presents the gross carrying amount and accumulated amortization of intangible assets as of March 31, 2017 : (In thousands, except weighted average amortization period) Remaining Weighted Average Amortization Period (Years) Gross Carrying Amount Accumulated Amortization Accumulated Currency Translation Adjustment Net Book Value In-place value of market rate revenue contracts 18 $ 93,943 $ (8,228 ) $ 398 $ 86,113 The following table presents the gross carrying amount and accumulated amortization of intangible assets as of December 31, 2016: (In thousands, except weighted average amortization period) Remaining Weighted Average Amortization Period (Years) Gross Carrying Amount Accumulated Amortization Accumulated Currency Translation Adjustment Net Book Value In-place value of market rate revenue contracts 18 $ 93,943 $ (5,932 ) $ (5,561 ) $ 82,450 As of March 31, 2017 , the Company had revenue contracts in the form of PPAs that were obtained through acquisitions. PPAs are amortized on a straight line basis over the useful life of the agreements, which range from 20 to 25 years. Amortization expense related to revenue contracts is recognized in the unaudited condensed consolidated statements of operations as either a reduction or increase of revenue when the contract rate is above or below market rates (favorable or unfavorable) or within depreciation, accretion and amortization expense when the contract rate is equal to market rates (in-place). As such, of the $1.2 million amortization expense recorded as of March 31, 2017 , $0.4 million was recorded as a reduction of revenue while the remaining $0.8 million of amortization expense was recorded within the depreciation, accretion, and amortization line item in the unaudited condensed consolidated statement of operations.

Variable Interest Entities

Variable Interest Entities	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Variable Interest Entities	VARIABLE INTEREST ENTITIES The Company consolidates any variable interest entities (“VIEs”) in power plants in which it is the primary beneficiary. The Company is the primary beneficiary of eight VIEs in entities that were consolidated as of March 31, 2017 , each of which existed and was consolidated as of December 31, 2016 . The VIEs own and operate power plants in order to generate contracted cash flows. As disclosed in Note 2 - Acquisitions , in October 2016, the Company entered into arrangements with SunEdison for the transfer of the balance of the equity interests in the Millenium and SE 25 solar power plants in India, in each case following the expiration of the equity lock-up period in the applicable PPAs in January and March 2017, respectively, and without further action by SunEdison. In accordance with these arrangements, in January 2017, the balance of 26.0% of the equity interests in Millenium was transferred to the Company. In March 2017, 100.0% of the equity interests in SE 25 were transferred to the Company. As a result of the transfer of equity interest in Millenium and SE 25, these power plants are no longer considered VIEs as of March 31, 2017. The carrying amounts and classification of the consolidated VIEs’ assets and liabilities included in the Company’s unaudited condensed consolidated balance sheets are as follows: (In thousands) As of March 31, 2017 As of December 31, 2016 Current assets $ 175,695 $ 186,739 Non-current assets 381,565 423,315 Total assets $ 557,260 $ 610,054 Current liabilities $ 392,732 $ 386,297 Non-current liabilities 111,625 162,793 Total liabilities $ 504,357 $ 549,090 The amounts shown in the table above exclude intercompany balances which are eliminated upon consolidation. All of the assets in the table above are restricted for settlement of the VIE obligations, and all of the liabilities in the table above can only be settled by using VIE resources.

Long-Term Debt

Long-Term Debt	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Long-Term Debt	LONG-TERM DEBT Long-term debt as of March 31, 2017 and December 31, 2016 consists of the following: As of March 31, As of December 31, (In thousands, except rates) 2017 2016 Interest Type Current Interest Rate (%) (1) Financing Type Corporate level long-term debt: Senior Notes $ 753,152 $ 752,813 Fixed 9.80% Term debt Project level long-term debt: Permanent financing 356,688 351,607 Blended 11.9% (2) Term debt Total long-term debt 1,109,840 1,104,420 Less: deferred financing costs, net (3) 17,871 18,352 Less: current portion of long-term debt (4) 331,467 327,459 Consolidated long-term debt, less current portion $ 760,502 $ 758,609 (1) The weighted average effective interest rate as of March 31, 2017 . (2) As of March 31, 2017 , 8.8% of this balance had fixed interest rate debt and the remaining 91.2% had variable interest rate debt, of which a portion is hedged with interest rate swaps. (3) Total net debt reflects the reclassification of deferred financing costs to reduce long-term debt as further described in Note 1 - Nature of Operations and Basis of Presentation. (4) Approximately $328.0 million and $323.3 million have been classified as current due to non-compliance with certain debt covenants as of March 31, 2017 and December 31, 2016 , respectively. Corporate Level Long-Term Debt Revolving Credit Facility On March 31, 2017, Global Operating LLC permanently reduced to nil and terminated the revolving commitments under the Revolver and entered into a fifth amendment (the “Fifth Amendment”) to the Revolver. The Fifth Amendment provides that Global LLC will no longer be required to deliver to the administrative agent and the other lenders party to the Revolver its annual financial statements and accompanying audit reports, unaudited quarterly financial statements, annual compliance certificates, statements of reconciliation after changes in accounting principles, annual financial plans and reconciliations of non-recourse project indebtedness pursuant to the Revolver, and removes the requirement that Global LLC and its subsidiaries comply with certain financial ratios contained in the Revolver. The Fifth Amendment requires Global Operating LLC to provide the administrative agent under the Revolver with an annual collateral verification within 90 days after the end of each fiscal year. The Company had drawn nil on the Revolver as of March 31, 2017 and December 31, 2016. The Company issued a letter of credit for $0.4 million in August 2016 under the terms of the Revolver in support of the Alto Cielo acquisition, which remained outstanding as of December 31, 2016. The outstanding letter of credit was terminated on March 23, 2017 in connection with the Fifth Amendment. Senior Notes The aggregate amount of the Senior Notes outstanding at March 31, 2017 was $753.2 million (or a notional amount of $760.4 million ) and the aggregate amount outstanding at December 31, 2016 was $752.8 million (or a notional amount of $760.4 million ). Global Operating LLC received a notice of default, dated January 17, 2017, from the trustee under the indenture governing the Senior Notes with respect to the failure of Global Operating LLC to comply with its obligations under the indenture governing the Senior Notes to timely furnish the Company's Form 10-Q for the third quarter of 2016. However, no event of default under the indenture governing the Senior Notes occurred with respect to the Company's Form 10-Q for the third quarter of 2016 because such Form 10-Q was filed before an event of default under the indenture governing the Senior Notes would otherwise arise. Global Operating LLC received a notice of default, dated May 16, 2017, from the trustee under the indenture governing the Senior Notes with respect to the failure of Global Operating LLC to comply with its obligations under the indenture governing the Senior Notes to timely furnish the Company's Form 10-K for the year ended December 31, 2016. No event of default under the indenture governing the Senior Notes occurred due to the filing of the Company’s Form 10-K for the year ended December 31, 2016 before an event of default under the indenture governing the Senior Notes would otherwise arise. Covenant defaults may occur in the future under the indenture governing the Senior Notes in the event of further delays in the filing of the Company’s periodic reports with the SEC. There can be no assurance that the Company will be able to file its periodic reports with the SEC within the periods currently required under the indenture governing the Senior Notes or that holders of the Senior Notes will agree to any required extension of financial statement filing dates on acceptable terms or at all. A default on the Senior Notes would permit the trustee or the holders of at least 25% in aggregate principal amount of notes outstanding to accelerate the Senior Notes. The Company would likely not have sufficient liquidity to meet this obligation, which could have a material adverse effect on its business, results of operations, financial condition and ability to pay dividends. Project Level Long-Term Debt The Company typically finances power plants through entity specific debt secured by the power plant’s assets and equity interests with no recourse to the Company. These financing agreements typically provide for a credit facility used for construction, which upon completion is converted into term debt. The Company had $356.7 million and $351.6 million of project level debt as of March 31, 2017 and December 31, 2016 , respectively. The project level debt is secured by the assets of the applicable project companies and certain intermediary holding companies. As of March 31, 2017 and December 31, 2016 , term debt for power plants in South Africa consists of variable rate loans, totaling $320.2 million and $315.2 million , respectively, with interest rates tied to the three -month LIBOR and the three -month Johannesburg Interbank Agreed Rate, as well as fixed rate loans totaling $13.4 million and $12.6 million , respectively. The interest rates on the South Africa term debt ranged from 11.4% to 13.0% as of March 31, 2017 and December 31, 2016 , and the debt matures in 2031 . Principal and interest are due and payable in arrears at the end of each fiscal quarter or semi-annually and on the maturity date of the credit facilities. As of March 31, 2017 and December 31, 2016 , the Witkop and Soutpan power plants, which have term debt financed with a South African rand (ZAR)-denominated term loan from The Standard Bank of South Africa Limited ("Standard Bank"), had an outstanding principal amount totaling $144.8 million and $136.6 million , respectively. This term debt matures in 2031 . As of March 31, 2017 and December 31, 2016 , the Witkop and Soutpan project companies were not in compliance with certain covenants due to the SunEdison Bankruptcy, as well as the expiration of a performance bond posted by a subcontractor under the engineering, procurement and construction contract. Thus, the debt balances are classified as current as of March 31, 2017 and December 31, 2016 .These defaults also prevent the Soutpan and Witkop project companies from making distributions and provide the lenders with the right to accelerate the debt maturity. The Company has obtained waivers and/or forbearance agreements from Standard Bank for varying periods as the Company continues to work to cure such defaults. However, certain defaults were not cured prior to the expiration of the applicable waivers. As of March 31, 2017 and December 31, 2016 , the Boshof power plant, which has term debt financed with a U.S. dollar-denominated term loan from the Overseas Private Investment Corporation (“OPIC”), had an outstanding principal amount of approximately $175.4 million and $178.5 million , respectively. The term debt matures in September 2031 . As of March 31, 2017 and December 31, 2016, the project company was not in compliance with certain covenants due to the SunEdison Bankruptcy, as well as a delay by the contractor, a SunEdison subsidiary, in achieving final completion under the engineering, procurement and construction contract. Thus, the debt balances are classified as current as of March 31, 2017 and December 31, 2016 . These defaults also prevent the Boshof project company from making distributions and provide OPIC with the right to accelerate the debt maturity. The Company is currently working with OPIC to cure such defaults. As of March 31, 2017 and December 31, 2016 , term debt for power plants in India consists of fixed rate loans totaling $16.9 million and $17.3 million , respectively, with interest rates ranging from 0.0% to 4.8% , and the debt matures in 2026 . Principal and interest are due and payable in arrears monthly or quarterly and on the maturity dates of the credit facilities. As of March 31, 2017 and December 31, 2016 , the Azure and ESP Urja power plants, which have term debt financed with a U.S. dollar-denominated term loan from OPIC, had a combined outstanding principal amount of approximately $16.8 million and $17.3 million , respectively. The term debt matures in September and December of 2026 and bears fixed interest at a rate of 4.5% and 4.8% per annum, respectively. Interest and principal amortization payments are made on a quarterly basis. As of March 31, 2017 and December 31, 2016 , the Azure project company was not in compliance with certain financial ratio covenants due to changes in foreign currency valuations. In addition, the Azure and ESP Urja project companies were not in compliance with certain covenants due to a delay by local authorities to complete the classification of a portion of the project sites as non-agricultural use. Thus, the debt balances are classified as current as of March 31, 2017 and December 31, 2016 . These defaults also prevent the Azure and ESP Urja project companies from making distributions and provide OPIC with the right to accelerate the debt maturity. The Company is currently working with OPIC to cure such defaults. As of March 31, 2017 and December 31, 2016 , the Corporate Season power plant in Malaysia has term debt from Standard Chartered Bank with an outstanding principal amount of $5.0 million and $5.1 million , respectively. The term debt matures in 2028 , and bears a variable interest rate tied to the Kuala Lumpur Interbank Offered Rate. The interest rate as of March 31, 2017 and December 31, 2016 was 6.1% . Principal and interest are due and payable in arrears at the end of each fiscal quarter or on the maturity date of the credit facility. The Silverstar Pavilion and Fortune 11 power plants in Malaysia have outstanding loans with a holder of a non-controlling interest in such power plants in the aggregate amount of $0.8 million as of March 31, 2017 and December 31, 2016 and with a fixed interest rate of 4.0% . The Alto Cielo power plant in Uruguay has term debt from Jugler S.A. with an outstanding principal amount of $0.4 million as of March 31, 2017 and with a variable interest rate tied to value added tax. Each of the project level financing agreements contains customary representations, covenants and warranties of the respective borrower including limitations on business activities, guarantees, environmental issues, power plant maintenance standards and a minimum debt service coverage ratio requirement. In particular, these agreements contain financial and other restrictive covenants that limit the project companies' ability to make distributions or otherwise engage in activities that may be in their long-term best interests. The project level financing agreements generally prohibit distributions from the project companies unless certain specific conditions are met, including the satisfaction of certain financial ratios. Debt Extinguishments On March 31, 2017, Global Operating LLC permanently reduced to nil and terminated the revolving commitments under the Revolver. A loss on extinguishment of debt of $6.8 million was recognized for the three months ended March 31, 2017 related to the termination of the commitments under the Revolver. No project level indebtedness was repaid for the three months ended March 31, 2017 and 2016 . In January 2016, the Company repurchased $41.0 million of the Senior Notes for $33.2 million and paid $1.9 million of interest and prepayment fees. In total, the Company repurchased $49.6 million of the Senior Notes for $40.0 million plus prepayment fees and interest of $2.3 million . A gain on extinguishment of debt of $6.3 million was recognized for the three months ended March 31, 2016 related to these repurchases. Interest Income Interest expense in the unaudited condensed consolidated statements of operations is presented net of interest income. During the three -month period ended March 31, 2017 and 2016, the Company received interest income of $1.1 million and $2.2 million , respectively, from its cash and cash equivalents balances, short-term investments and restricted deposit accounts. Maturities The aggregate amounts of contractual payments of long-term debt due after March 31, 2017 , excluding amortization of debt discounts and premiums, as stated in the financing agreements, are as follows: Maturities (In thousands) Remainder of 2017 (1) 2018 2019 2020 2021 Thereafter Total Project Level $ 9,360 $ 9,798 $ 14,829 $ 17,889 $ 21,401 $ 283,411 $ 356,688 Corporate — — — — — 753,152 753,152 Total debt $ 9,360 $ 9,798 $ 14,829 $ 17,889 $ 21,401 $ 1,036,563 $ 1,109,840 (1) Represents the contractual principal payment due dates for the Company’s long-term debt and does not reflect the reclassification of $328.0 million of long-term debt to current as a result of debt defaults under a portion of its non-recourse financing agreements or deferred financing costs that are included with the net long-term balance of the unaudited condensed consolidated balance sheet.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The income tax provision consisted of the following: Three Months Ended March 31, (In thousands, except effective tax rate) 2017 2016 Income (loss) before income tax expense $ 512 $ (5,390 ) Income tax expense 2,465 858 Effective tax rate 481.4 % (15.9 )% The Company records income tax expense each quarter using its best estimate of the full year’s effective tax rate. The Company regularly reviews its deferred tax assets for realizability, taking into consideration all available evidence, both positive and negative, including cumulative losses, projected future pre-tax and taxable income (losses), the expected timing of the reversals of existing temporary differences and the expected impact of tax planning strategies. As of March 31, 2017 , TerraForm Global, Inc. owned 64.8% of Global LLC and consolidates the results of Global LLC through its controlling interest. The Company records SunEdison's 35.2% ownership of Global LLC as a non-controlling interest in the financial statements. Global LLC is treated as a partnership for income tax purposes. For the three months ended March 31, 2017 , the overall effective tax rate was different than the statutory rate of 35.0% primarily due to valuation allowances, tax holiday benefits, and presumed profits taxes in Brazil. As of March 31, 2017 , most jurisdictions were in a net deferred tax asset position. A valuation allowance is recorded against the deferred tax assets primarily because of the historical losses in those jurisdictions.

Derivatives

Derivatives	3 Months Ended
	Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	DERIVATIVES As part of the Company’s risk management strategy, the Company has entered into derivative instruments which include interest rate swaps, cross currency swaps, and foreign currency contracts to mitigate interest rate and foreign currency exposure. If the Company elects to do so and if the instrument meets the criteria specified in ASC 815, Derivatives and Hedging , the Company designates its derivative instruments as cash flow hedges. The Company enters into interest rate swap agreements in order to hedge the variability of expected future cash interest payments. Cross currency swaps are used to reduce risks arising from the change in fair value of certain foreign currency denominated assets and liabilities in order to minimize the impact of foreign currency fluctuations on operating results. Foreign currency contracts are used to mitigate the economic and financial market risks of fluctuations in foreign currency exchange rates. The Company does not use derivative instruments for speculative purposes. Activities related to derivative instruments were reported in the line items as of and for the periods indicated, as follows: (In thousands) Fair Value As of Type of Instrument Balance Sheet Classification March 31, 2017 December 31, 2016 Derivatives designated as hedging: Interest rate swaps Other liabilities, net $ (3,572 ) $ (2,237 ) Accumulated other comprehensive loss 3,572 2,237 Cross currency swaps Other assets, net 31,341 41,752 Accumulated other comprehensive loss 7,820 6,688 Derivatives not designated as hedging: Interest rate swaps Other liabilities $ (858 ) $ (68 ) Foreign currency forward contracts Other liabilities (22,111 ) (13,299 ) (In thousands) Three Months Ended March 31, Type of Instrument Statement of Operations Classification 2017 2016 Derivatives not designated as hedging: Interest rate swaps Interest expense $ 763 $ 2,969 Currency forward contracts Other expenses 4,446 18,163 Certain derivative contracts contain provisions providing the counterparties a lien on specific assets as collateral. There was no cash collateral received or pledged as of March 31, 2017 or December 31, 2016, respectively, related to the Company’s derivative transactions. Derivatives Designated as Hedges Interest Rate Swaps The Company has entered into interest rate swap agreements to hedge variable rate project level debt. These interest rate swaps qualify for hedge accounting and are designated as cash flow hedges. Under the interest rate swap agreements, the power plant pays a fixed rate and the counterparty to the agreement pays a variable interest rate. No amounts deferred in other comprehensive income were reclassified into earnings during the three months ended March 31, 2017 and 2016 . Cross Currency Swaps The Company has entered into cross currency swap agreements to hedge its exposure to foreign currency fluctuations on debt denominated in U.S. dollars. These cross currency rate swaps qualify for hedge accounting and were designated as cash flow hedges. The amounts deferred in other comprehensive income and reclassified into earnings were $4.4 million and $18.2 million during the three months ended March 31, 2017 and 2016, respectively. There was no ineffectiveness recorded for the periods presented. Derivatives Not Designated as Hedges Interest Rate Swaps The Company has entered into interest rate swap agreements that economically hedge the cash flows for project level debt. These interest rate swaps pay a fixed rate and the counterparties to the agreements pay a variable interest rate. The changes in fair value are recorded in interest expense, net in the unaudited condensed consolidated statements of operations as these hedges are not accounted for under hedge accounting. Foreign Currency Contracts The Company transacts business in various foreign currencies and has established a program that primarily utilizes foreign currency contracts to offset the risks associated with the effects of certain foreign currency exposures. The Company does not use these foreign currency contracts for trading purposes nor does it designate these forward contracts as hedging instruments pursuant to ASC 815. As of March 31, 2017 , the notional amounts of the foreign currency contracts the Company held to purchase U.S. dollars in exchange for other major international currencies were $160.0 million . Included in the Company’s non-operating income was $4.4 million of net losses related to these foreign currency contracts for the three months ended March 31, 2017 , which was a result of devaluation as compared to the U.S. dollar in the Brazilian real (BRL), Chinese yuan renminbi (CNY), Indian rupee (INR), Malaysian ringgit (MYR), South African rand (ZAR) and Thai baht (THB). The fair value of the Company’s outstanding foreign currency forward contracts was a net liability of $22.1 million as of March 31, 2017 . The cash flow related to foreign currency contracts that remain outstanding is classified as operating activities. The cash flow associated with foreign currency contract settlements is classified as investing activities. The net loss relating to investments was partially offset by the lower cost related to the cash flows related to the acquisitions and debt extinguishments that were hedged. Notional Amounts (In thousands) Notional Amounts as of March 31, 2017 Derivatives designated as hedges: Interest rate swaps (USD) 130,740 Cross currency swaps (USD) 175,377 Derivatives not designated as hedges: Interest rate swaps (USD) 136,151 Currency forward contracts (BRL) 51,858 Currency forward contracts (CNY) 20,903 Currency forward contracts (INR) 52,887 Currency forward contracts (MYR) 4,905 Currency forward contracts (THB) 7,148 Currency forward contracts (ZAR) 22,253

Fair Value of Financial Instrum

Fair Value of Financial Instruments	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	FAIR VALUE OF FINANCIAL INSTRUMENTS The fair value of assets and liabilities are determined using either unadjusted quoted prices in active markets (Level 1) or pricing inputs that are observable (Level 2) whenever that information is available and using unobservable inputs (Level 3) to estimate fair value only when relevant observable inputs are not available. The Company uses valuation techniques that maximize the use of observable inputs. Assets and liabilities are classified in their entirety based on the lowest priority level of input that is significant to the fair value measurement. Where observable inputs are available for substantially the full term of the asset or liability, the instrument is categorized in Level 2. If the inputs into the valuation are not corroborated by market data, in such instances, the valuation for these contracts is established using techniques including extrapolation from or interpolation between actively traded contracts as well as the calculation of implied volatilities. When such inputs have a significant impact on the measurement of fair value, the instrument is categorized as Level 3. The Company regularly evaluates and validates the inputs used to determine fair value by using pricing services to support the underlying market price of interest rates and foreign currency exchange rates. Recurring Fair Value Measurements The following table summarizes the financial instruments measured at fair value on a recurring basis classified in the fair value hierarchy (Level 1, 2 or 3) based on the inputs used for valuation in the accompanying unaudited condensed consolidated balance sheets: As of March 31, 2017 As of December 31, 2016 Assets (liabilities) in thousands Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Interest rate swaps $ — $ (4,430 ) $ — $ (4,430 ) $ — $ (2,305 ) $ — $ (2,305 ) Foreign currency forward contracts (22,111 ) — — (22,111 ) (13,299 ) — — (13,299 ) Cross currency swaps — 31,341 — 31,341 — 41,752 — 41,752 Total $ (22,111 ) $ 26,911 $ — $ 4,800 $ (13,299 ) $ 39,447 $ — $ 26,148 The Company uses a discounted valuation technique to determine the fair value of its derivative assets and liabilities. The primary inputs into the valuation of interest rate swaps, cross currency swaps and foreign currency contracts are forward interest rates, foreign currency exchange rates, and to a lesser degree, credit spreads. The Company’s interest rate swaps and cross currency swaps are considered Level 2, since all significant inputs are corroborated by market observable data. There were no transfers into or out of Level 1, Level 2 and Level 3 during the periods ended March 31, 2017 or December 31, 2016 . Fair Value of Long - Term Debt The following table presents the carrying amount and estimated fair value of the Company's outstanding short-term and long-term debt obligations as of March 31, 2017 and December 31, 2016 , respectively: As of March 31, 2017 As of December 31, 2016 (In thousands) Carrying Amount Fair Value Carrying Amount Fair Value Long-term debt, including current portion $ 1,109,840 $ 1,253,771 $ 1,104,420 $ 1,209,863 The fair value of the Company’s long-term debt was determined using inputs classified as Level 2 and a discounted cash flow approach using market rates for similar debt instruments.

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Stockholders' Equity	STOCKHOLDERS’ EQUITY Outstanding Equity Securities As of March 31, 2017 , the following shares of the Company were outstanding: Class: Number Outstanding Holders Class A common stock 112,848,950 * Class B common stock 61,343,054 SunEdison Class B1 common stock — Not Applicable Preferred stock — Not Applicable Total shares outstanding 174,192,004 * Common stockholders are comprised of: public stockholders (including Renova Energia, S.A., Vincent C. Smith, and Knighthead Capital Management, LLC), SunEdison, executive officers, management and employees. Treasury Stock As of March 31, 2017 , the Company owned 264,621 treasury shares of Class A common stock. All of these treasury shares were acquired in exchange for the settlement of future tax obligations related to stock-based compensation arrangements. Dividends On February 29, 2016, the Company declared a quarterly dividend for the fourth quarter of 2015 on the Company's Class A common stock of $0.275 per share. The dividend was paid on March 17, 2016 to stockholders of record as of March 10, 2016. The Company has not declared or paid a dividend since March 17, 2016. Under the Merger Agreement, the Company is restricted from declaring or paying dividends prior to the consummation of the Brookfield Transaction. Equity Reallocation Equity reallocation of $1.5 million as of March 31, 2017 was due to an adjustment of capital balances to reflect respective equity ownership percentages as of each balance sheet date.

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	STOCK-BASED COMPENSATION The TerraForm Global, Inc. 2014 Long-Term Incentive Plan (the “Incentive Plan”) provides for the award of incentive and non-qualified stock options, stock appreciation rights, restricted stock awards (“RSAs”) and restricted stock units (“RSUs”) to employees and non-employee directors, including employees and non-employee directors of SunEdison and its affiliates. The maximum contractual term of an award is 10 years from the date of grant. Shares issued under the plan may be authorized and unissued shares or treasury shares. As of March 31, 2017 , the Company had authorized 17,884,910 shares for awards under the Incentive Plan and 9,594,658 shares remained available for future grant under this plan. Stock-based compensation expense is recorded as a component of general and administrative expense in the Company’s unaudited condensed consolidated statements of operations and totaled $1.0 million and $1.1 million for the three -month period ended March 31, 2017 and 2016, respectively. Employee benefit related costs, including stock-based compensation costs related to equity awards in the stock of SunEdison, Inc. and its consolidated subsidiaries, of SunEdison employees who provide services to the Company are allocated to the Company based on the relative percentage of their time that the employee spends providing service to the Company. The amount of stock-based compensation expense related to equity awards in the stock of SunEdison and its consolidated subsidiaries which has been allocated to the Company was $0.6 million for the three -month period ended March 31, 2017 and is reflected in the unaudited condensed consolidated statements of operations within general and administrative costs and has been treated as an equity contribution from SunEdison on the unaudited condensed consolidated statements of stockholders' equity. Similarly, stock-based compensation costs related to equity awards to SunEdison employees in the Company’s stock are allocated to SunEdison based on the relative percentage of their time that the employee spends providing service to SunEdison. The amount of stock-based compensation expense related to equity awards in the Company's stock which has been allocated to SunEdison was $0.3 million for the three -month period ended March 31, 2017 and is recognized as a distribution to SunEdison on the unaudited condensed consolidated statements of stockholders' equity with no impact to the Company’s unaudited condensed consolidated statements of operations. Restricted Stock Awards RSAs provide the holder with immediate voting rights, but are restricted in all other respects until vested. Upon a termination of employment for any reason, any unvested shares of Class A common stock held by the terminated participant will be forfeited. All unvested RSAs are paid dividends and distributions. The following table presents information regarding outstanding RSAs as of March 31, 2017 and changes during the three months then ended: Number of RSAs Outstanding Weighted Average Grant Date Fair Value Per Share Aggregate Intrinsic Value (in millions) Balance at January 1, 2017 4,688,975 $ 0.18 Converted (20,121 ) Forfeited (422,531 ) 0.21 Balance at March 31, 2017 4,246,323 $ 0.18 $ 20.4 As of March 31, 2017 , $0.5 million of total unrecognized compensation cost related to RSAs is expected to be recognized over a weighted average period of approximately 2.4 years. The weighted average fair value of RSAs on the date of grant was $0.18 for the three months ended March 31, 2017 and 2016. Restricted Stock Units RSUs do not entitle the holders to voting rights and holders of the RSUs do not have any right to receive dividends or distributions. The following table presents information regarding outstanding RSUs as of March 31, 2017 and changes during the three months then ended: Number of RSUs Outstanding Aggregate Intrinsic Value (In millions) Weighted Average Remaining Balance at January 1, 2017 2,311,687 Granted 317,276 Converted (17,800 ) Forfeited (314,097 ) Balance at March 31, 2017 2,297,066 $ 11.0 1.3 As of March 31, 2017 , $5.7 million of total unrecognized compensation cost related to RSUs is expected to be recognized over a weighted average period of approximately 2.0 years.

Loss Per Share

Loss Per Share	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Loss Per Share	LOSS PER SHARE Loss per share is calculated utilizing the weighted average shares outstanding. Under the two-class method, unvested RSAs that contain non-forfeitable rights to dividends are treated as participating securities and are included in the earnings per share computation to the extent that there are undistributed earnings available, but these securities do not participate in losses. Class A Common Stock Basic and diluted loss per share for the three months ended March 31, 2017 was calculated as follows: (In thousands, except per share amounts) Three Months Ended March 31, 2017 Three Months Ended March 31, 2016 Basic and diluted loss per share: Net loss attributable to Class A common stockholders $ (1,713 ) $ (4,632 ) Less: dividends paid on Class A common stock and participating RSAs — 30,674 Undistributed loss attributable to Class A stockholders $ (1,713 ) $ (35,306 ) Weighted-average shares outstanding 113,256 106,856 Distributed earnings per share $ — $ 0.28 Undistributed loss per share (0.02 ) (0.32 ) Basic and diluted loss per share $ (0.02 ) $ (0.04 ) The computations for diluted loss per share for the year ended March 31, 2017 exclude 61,343,054 shares of Class B common stock, 4,264,323 unvested RSAs and 2,297,066 unvested RSUs because the effect would have been anti-dilutive. The computations for diluted loss per share for the three months ended March 31, 2016 exclude 61,343,054 shares of Class B common stock, 6,272,225 unvested RSAs and 2,773,447 unvested RSUs because the effect would have been anti-dilutive.

Non-Controlling Interests

Non-Controlling Interests	3 Months Ended
	Mar. 31, 2017
Noncontrolling Interest [Abstract]
Non-Controlling Interests	NON-CONTROLLING INTERESTS Non-controlling interests represent the portion of net assets in consolidated entities that are not owned by the Company. The following table presents the non-controlling interest balances by entity, reported in stockholders’ equity in the unaudited condensed consolidated balance sheets as of March 31, 2017 and December 31, 2016 : (in thousands) As of March 31, 2017 As of December 31, 2016 SunEdison’s non-controlling interests in Global LLC $ 382,892 $ 370,117 Non-controlling interests in power plants 76,348 92,308 Total non-controlling interests $ 459,240 $ 462,425 As of March 31, 2017, TerraForm Global, Inc. owned 64.8% of Global LLC and consolidated the results of Global LLC through its controlling interest, with SunEdison's 35.2% interest shown as a non-controlling interest.

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	COMMITMENTS AND CONTINGENCIES Commitments to Acquire Power Plants In April 2015, the Company entered into purchase and sale agreements to acquire controlling interests in three operating power plants located in South Africa with an aggregate net capacity of 32.6 MW from BioTherm. The aggregate consideration payable for these three power plants is approximately $75.4 million . See Note 2 - Acquisitions for additional discussion of these commitments. Legal Proceedings Initiated Against the Company Project Litigation GUVNL Litigation The Company is subject to litigation with Gujarat Urja Vikas Nigam Limited (“GUVNL”), the offtake counterparty for certain power plants in India, which is seeking a reduction of the tariff set forth in the applicable PPAs. In separate litigation, GUVNL also claims that there has been a violation of the terms of certain PPAs between GUVNL and the applicable project companies on account of a change in stockholders since execution of such PPAs, and as such GUVNL is entitled to terminate such PPAs. The Company successfully defended each case at the first court level and an appeal of each case was dismissed by the appellate level, but GUVNL has appealed to the Supreme Court of India on each matter. The cases are currently pending with the Supreme Court of India. The Company believes that the likelihood of an unfavorable outcome is remote. Honiton Litigation The Company was subject to pending litigation proceedings with Suzlon Energy (Tianjin) Limited (“SETL”) with respect to alleged breaches of a turbine supply contract relating to the Honiton wind power plants in China. The operation and maintenance service contracts claim pending before an arbitral tribunal was resolved on December 3, 2015, pursuant to which the Company was required to pay an award of $0.5 million , which was paid in January 2016. On June 3, 2016, SETL and the Company reached a settlement resolving all remaining disputes relating to the turbine contracts. The terms of this final settlement resulted in SETL assigning all rights as a creditor it held against the Company to Beijing Aliyun Investment and Consulting Co. Ltd. (“Aliyun”). In addition, the Company agreed to pay Aliyun $7.1 million (RMB 47.0 million ), of which RMB 45.0 million was paid during the second quarter of 2016, and the remaining RMB 2.0 million is due no later than July 2018, subject to various conditions set forth in the settlement agreement. In accordance with the settlement agreement, SETL withdrew its pending claims against the Company. As of March 31, 2017 a liability was recognized related to the proceedings in the amount of $0.3 million (RMB 2.0 million ). Bankruptcy Court Action Motion to Stay and Motion to Compel Mediation On November 2, 2016, the unsecured creditors’ committee in the SunEdison Bankruptcy filed an adversary complaint against the Company and others with the U.S. Bankruptcy Court for the Southern District of New York. The complaint and contemporaneous motion to stay seek to stay pending litigation against current and former directors and officers of SunEdison and the Company, including TerraForm Global, Inc. v. SunEdison, Inc., et al., the Company’s action against SunEdison described below. The unsecured creditors’ committee intends to file a derivative action on behalf of the SunEdison bankruptcy estate against current and former SunEdison officers and directors. It has requested the stay in order to preserve the proceeds of SunEdison’s and the Company's directors’ and officers’ liability insurance policies. On November 4, 2016, the unsecured creditors’ committee filed a motion in the SunEdison Bankruptcy case for derivative standing to sue various current and former SunEdison officers and directors. The unsecured creditors’ committee filed an amended adversary complaint on November 9, 2016. As described in a motion to compel mediation filed by SunEdison on November 23, 2016, SunEdison and the unsecured creditors’ committee agreed to hold the motion to stay and any proposed claims by the unsecured creditors’ committee against various current and former SunEdison officers and directors in abeyance pending a global mediation relating to insurance issues. The Company’s objection to the motion to stay and the motion to compel mediation was filed on December 1, 2016. On December 28, 2016, pursuant to a consent order entered by the bankruptcy court, SunEdison, the unsecured creditors’ committee and the Company, among other parties, were directed to participate in the mediation process that is being conducted in connection with the SunEdison Bankruptcy. The mediation commenced on February 10, 2017. On March 27, 2017, SunEdison, the unsecured creditors’ committee and the directors and officers of SunEdison who would be defendants in the estate claims proposed to be brought by the unsecured creditors’ committee reached an agreement in principle to settle those claims in exchange for a payment of $32.0 million from a $150.0 million directors’ and officers’ liability insurance policy shared with the Company, TerraForm Power, Inc. (together with its subsidiaries, "TerraForm Power"), SunEdison and certain of their respective directors and officers covering the period from July 15, 2015 to July 14, 2016. The agreement is subject to the approval of the bankruptcy court overseeing the SunEdison Bankruptcy. On March 31, 2017, the limited stay expired. Given the preliminary nature of the claims, the Company is unable to provide any assurances as to the ultimate outcome of these motions or that an adverse resolution of legal proceedings would not have a material adverse effect on the Company’s consolidated financial position and results of operations. Avoidance Actions On November 7, 2016, the unsecured creditors’ committee in the SunEdison Bankruptcy filed a motion with the bankruptcy court seeking standing to assert against the Company, on behalf of SunEdison, avoidance claims arising from intercompany transactions between the Company and SunEdison. The Company’s objection to the standing motion was filed on November 29, 2016. The unsecured creditors’ committee filed a reply and supplemental reply in support of its standing motion on December 5, 2016 and December 21, 2016, respectively. On March 6, 2017, the Company entered into a settlement agreement with SunEdison in connection with the SunEdison Bankruptcy and the Merger Agreement (the “Settlement Agreement”), pursuant to which SunEdison would release any potential avoidance claims it may have against the Company. The Settlement Agreement was approved by the Bankruptcy Court on June 7, 2017; however, its effectiveness is conditional on the completion of the Brookfield Transaction. If the Settlement Agreement becomes effective, the Company expects this standing motion will be withdrawn. If the Settlement Agreement is terminated or if the standing motion is not withdrawn, the Company expects to vigorously contest this standing motion and, if standing is granted, the underlying avoidance claims. The Company is unable to provide any assurances as to the ultimate outcome of these claims or that an adverse resolution of a legal proceeding, if commenced, would not have a material adverse effect on the Company’s consolidated financial position and results of operations. Renova Arbitration On July 14, 2016, Renova Energia, S.A. (“Renova”) filed a request for arbitration against TerraForm Global, Inc., TerraForm Global, LLC, TerraForm Global Brazil Holding B.V. and TERP GLBL Brasil I Participacoes S.A. (collectively, the “TerraForm Global Parties”) in the Center for Arbitration and Mediation of the Chamber of Commerce Brazil-Canada (the “Renova Arbitration”). Renova alleges, among other things, that TerraForm Global, Inc. and certain of its subsidiaries listed above: (i) fraudulently induced Renova to enter into the acquisition agreements related to the Salvador and Bahia wind power plants, the omnibus closing agreement with respect to such acquisitions, and the put/call arrangement entered into between SunEdison and Renova in connection with the Renova Transaction based on misleading and false representations about their and SunEdison’s financial condition and prospects; (ii) aided and abetted SunEdison’s fraud; (iii) negligently misrepresented their and SunEdison’s financial conditions and prospects; (iv) committed related violations of federal and state securities laws; (v) breached express warranties under the applicable acquisition agreements; (vi) wrongfully refused to repurchase from Renova seven million shares of TerraForm Global, Inc. Class A common stock pursuant to Renova’s put exercise notice of March 31, 2016, in breach of the put/call arrangement entered into between SunEdison and Renova in connection with the Renova Transaction; and (vii) unjustly enriched themselves. Renova seeks, among other relief, rescission of the Salvador and Bahia transactions, and/or damages in an amount to be determined in the arbitration of not less than $250 million , representing the drop in value of the 20,327,499 shares of TerraForm Global, Inc. Class A common stock Renova received in the Salvador transaction, from its $15 /share IPO price to its trading level of $3.38 /share at the time the request for arbitration was filed, as well as other related losses. On May 26, 2017, the TerraForm Global Parties entered into a Settlement Agreement and Mutual Release (the “Renova Settlement Agreement”) with Renova. The Renova Settlement Agreement resolves all disputes among the TerraForm Global Parties and Renova that are the subject of the Renova Arbitration. Pursuant to the Renova Settlement Agreement, the TerraForm Global Parties have agreed to make a one-time settlement payment in the aggregate amount of $15.0 million , in exchange for and contingent on the withdrawal with prejudice of all claims and counterclaims made in the Renova Arbitration and termination of the Renova Arbitration. In addition, 792,495 shares of TerraForm Global, Inc. Class A common stock issued to Renova and currently held in escrow pursuant to the acquisition agreements for the Salvador wind power plant acquired by a subsidiary of the Company will be returned to the Company. None of the parties to the Renova Arbitration has admitted to any wrongdoing or liability with respect to the claims asserted in the Renova Arbitration. Subject to the satisfaction of certain conditions set forth in the Renova Settlement Agreement (including the purchase of Renova’s shares of TerraForm Global, Inc. Class A common stock by an affiliate of Brookfield as described below), the parties have granted each other full releases with respect to any claims arising in connection with the previously completed acquisitions by the Company of the Salvador and Bahia wind power plants from Renova and all related transactions and any other disputes that could arise in the future among the TerraForm Global Parties and Renova concerning or related in any way to such transactions and events, which are the subject of the Renova Arbitration. Also, concurrently with the execution of the Renova Settlement Agreement, Renova and affiliates of Brookfield entered into a Purchase & Sale Agreement (the “PSA”) with respect to all of the shares of Class A common stock of TerraForm Global, Inc. owned by Renova (excluding the shares to be released from escrow to TerraForm Global, Inc. pursuant to the Renova Settlement Agreement). Pursuant to the terms of the PSA, an affiliate of Brookfield has agreed to purchase 19,535,004 shares of Class A common stock of TerraForm Global, Inc. from Renova for a purchase price in cash of $4.75 per share, or $92,791,269 in the aggregate. The consummation of the share purchase contemplated by the PSA is subject to customary conditions to closing and is conditioned upon the satisfaction of certain conditions set forth in the Renova Settlement Agreement described above, including the effectiveness of the mutual releases and release of the shares in escrow. The Company recognized $3.8 million of general and administrative expenses as of December 31, 2016 as a result of this settlement. Securities Litigation Multidistrict Litigation On July 27, 2016, lead plaintiff Municipal Employees’ Retirement System of Michigan in the Horowitz et. al v. SunEdison, Inc. et al. action (E.D. Mo.) moved to transfer various actions pending in federal district courts to the U.S. District Court for the Southern District of New York (the "SDNY") for consolidated or coordinated pretrial proceedings before the Multidistrict Litigation Panel. On October 4, 2016, the Multidistrict Litigation Panel issued an order transferring the following cases to the SDNY for consolidated or coordinated pretrial proceedings: • Fraser v. Wuebbels et al. • Iron Workers Mid-South Pension Fund v. TerraForm Global, Inc. et al. • Badri v. TerraForm Global, Inc. et al. • Patel v. TerraForm Global, Inc. et al. • Pyramid Holdings, Inc. v. TerraForm Global, Inc. et al. • Beltran v. TerraForm Global, Inc. et al. • Oklahoma Firefighters Pension & Retirement System v. SunEdison, Inc. et al. • Glenview Capital Partners, L.P. et al. v. SunEdison, Inc. et al. • Omega Capital Investors et al. v. SunEdison, Inc. et al. Four of these actions, Fraser v. Wuebbels et al., Iron Workers Mid-South Pension Fund v. TerraForm Global, Inc. et al., Badri v. TerraForm Global, Inc. et al., and Patel v. TerraForm Global, Inc. et al., were initially filed in the Superior Court of the State of California for the County of San Mateo on October 23, 2015, December 3, 2015, December 9, 2015 and January 4, 2016, respectively. These four separate purported class actions were filed against the Company, certain of its officers and directors, each of the underwriters of the Company’s IPO, and SunEdison. A separate class action, Agrawal v. TerraForm Global, Inc. et al., was filed in the Superior Court of the State of California for the County of San Mateo on October 30, 2015. This action was voluntarily dismissed without prejudice in February 2016. Additionally, two separate purported class action lawsuits, Beltran v. TerraForm Global, Inc. et al. and Pyramid Holdings, Inc. v. TerraForm Global, Inc. et al., were filed on October 29, 2015 and November 5, 2015, respectively, in the U.S. District Court for the Northern District of California against the same defendants. The class action plaintiffs assert claims under Sections 11, 12(a)(2), and 15 of the Securities Act of 1933, as amended (the “Securities Act”). The class action complaints allege, among other things, that the defendants made false and materially misleading statements and failed to disclose material information in the Company's registration statement for the IPO regarding SunEdison and its recent operating results and business strategy. Among other relief, the class action complaints seek class certification, unspecified compensatory damages, rescission, attorneys’ fees, costs, and such other relief as the court should deem just and proper. On April 26, 2016, in light of SunEdison’s voluntary petition for bankruptcy on April 21, 2016, the Company and the other defendants removed the remaining state actions to the U.S. District Court for the Northern District of California. On May 27, 2016, the plaintiffs in the cases removed from state court filed motions to remand. On June 1, 2016, the defendants filed motions to transfer the cases to the SDNY, the jurisdiction in which SunEdison’s bankruptcy is pending. The previous briefing schedule has been vacated as a result of the October 4, 2016 transfer order issued by the Multidistrict Litigation Panel. On November 3, 2016, Plaintiff in Patel v. TerraForm Global, Inc. et al. voluntarily dismissed the case. On December 20, 2016, Plaintiff in Beltran v. TerraForm Global, Inc. et al. voluntarily dismissed the case. On December 22, 2016, the court consolidated Pyramid Holdings, Inc. v. TerraForm Global, Inc. et al., Badri v. TerraForm Global, Inc. et al., Iron Workers Mid-South Pension Fund v. TerraForm Global, Inc. et al., and Fraser v. Wuebbels et al. as In re TerraForm Global, Inc. Securities Litigation and ordered the plaintiffs to file a consolidated complaint. On January 16, 2017, the plaintiffs filed the Consolidated Class Action Complaint. On April 21, 2017, the plaintiffs filed a Consolidated Second Amended Class Action Complaint. The Company is in the preliminary stages of reviewing the allegations made in the remaining complaints and, as a result, is unable to provide any assurances as to the ultimate outcome of these lawsuits or that an adverse resolution of these lawsuits would not have a material adverse effect on the Company’s consolidated financial position and results of operations. On March 29, 2016, plaintiff filed Oklahoma Firefighters Pension & Retirement System v. SunEdison, Inc. et al., in the Superior Court of the State of California for the County of San Mateo against the Company, SunEdison, certain officers and directors of the Company and SunEdison, and the underwriters of the Company’s IPO. The plaintiff asserts claims under Sections 11, 12(a)(2), and 15 of the Securities Act. The complaint alleges, among other things, that the defendants made false and materially misleading statements and failed to disclose material information in the Company's registration statement for the IPO regarding SunEdison and its recent operating results and business strategy. The complaint seeks compensatory damages, rescission, and such other relief (including equitable or injunctive relief) as the court may deem just and proper. On April 26, 2016, in light of SunEdison’s voluntary petition for bankruptcy on April 21, 2016, the Company and the other defendants removed the action to the U.S. District Court for the Northern District of California. On May 27, 2016, the plaintiffs moved to remand. On June 1, 2016, the defendants moved to transfer the case to the SDNY, the jurisdiction in which SunEdison’s bankruptcy is pending. The Company is in the preliminary stages of reviewing the allegations made in the complaint and, as a result, is unable to provide any assurances as to the ultimate outcome of this lawsuit or that an adverse resolution of this lawsuit would not have a material adverse effect on the Company’s consolidated financial position and results of operations. On March 29, 2016, plaintiffs filed Glenview Capital Partners, L.P. et al. v. SunEdison, Inc. et al., in the Superior Court of the State of California for the County of San Mateo against the Company, SunEdison, certain officers and directors of the Company and SunEdison, and the underwriters of the Company’s August 5, 2015 bond offering and SunEdison’s August 18, 2015 preferred stock offering. The plaintiffs assert claims under Sections 11, 12(a)(2), and 15 of the Securities Act, as well as the Maryland Securities Act. The plaintiffs allege, among other things, that they purchased securities pursuant to offering documents that contained untrue statements of material fact and omitted other material facts necessary to make the statements in the offering documents not misleading. The complaint further alleges that these false and misleading statements led to the forced conversion of the plaintiffs’ Class D securities into restricted common stock, that the Company breached the June 9, 2015 Class D Purchase Agreement between the Company and the plaintiffs, and that the defendants made negligent misrepresentations in connection with the Company’s Class D registration statement. The complaint seeks unspecified damages, rescission, and such other relief (including equitable or injunctive relief) as the court may deem just and proper. On April 26, 2016, in light of SunEdison’s voluntary petition for bankruptcy on April 21, 2016, the Company and the other defendants removed the action to the U.S. District Court for the Northern District of California. On May 26, 2016, the plaintiffs filed a motion to remand. On May 27, 2016, the defendants moved to transfer the case to the SDNY, the jurisdiction in which SunEdison’s bankruptcy is pending. The Court held a hearing on the motion to remand and the motion to transfer on August 18, 2016. On August 26, 2016, the Court issued an order denying the plaintiffs’ motion to remand and granting the defendants’ motion to transfer. The Court also certified a legal issue for interlocutory review, and on September 2, 2016, the plaintiffs filed a petition for permission to appeal with the U.S. Court of Appeals for the Ninth Circuit. On November 17, 2016, the Ninth Circuit issued an order requiring all parties to file statements addressing the effect of the Multidistrict Litigation Panel’s transfer order on the motion for permission to appeal. On December 8, 2016, the parties filed their responses. The Company is in the preliminary stages of reviewing the allegations made in the complaint and, as a result, is unable to provide any assurances as to the ultimate outcome of this lawsuit or that an adverse resolution of this lawsuit would not have a material adverse effect on the Company’s consolidated financial position and results of operations. On March 30, 2016, plaintiffs filed Omega Capital Investors et al. v. SunEdison, Inc. et al., in the Superior Court of the State of California for the County of San Mateo against the Company, SunEdison, certain officers and directors of the Company and SunEdison, and the underwriters of SunEdison’s preferred stock offering. The plaintiffs assert claims under Sections 11, 12(a)(2), and 15 of the Securities Act, as well as the Maryland Securities Act. The plaintiffs allege, among other things, that the defendants made false and misleading statements in connection with the Company’s IPO, and that these false and misleading statements led to the forced conversion of their Class D securities into restricted common stock. The complaint further alleges that the Company breached the June 9, 2015 Class D Purchase Agreement between the Company and the plaintiffs and made negligent misrepresentations in connection with the Company’s Class D registration statement. The complaint seeks unspecified damages, rescission, and such other relief (including equitable or injunctive relief) as the court may deem just and proper. On April 26, 2016, in light of SunEdison’s voluntary petition for bankruptcy on April 21, 2016, the Company and the other defendants removed the action to the U.S. District Court for the Northern District of California. On May 26, 2016, the plaintiffs filed a motion to remand. On June 1, 2016, the defendants moved to transfer the case to the SDNY, the jurisdiction in which SunEdison’s bankruptcy is pending. The Court held a hearing on the motion to remand and the motion to transfer on August 18, 2016. On August 26, 2016, the Court issued an order denying the plaintiffs’ motion to remand and granting the defendants’ motion to transfer. The Court also certified a legal issue for interlocutory review, and on September 2, 2016, the plaintiffs filed a petition for permission to appeal with the U.S. Court of Appeals for the Ninth Circuit. On November 17, 2016, the Ninth Circuit issued an order requiring all parties to file statements addressing the effect of the Multidistrict Litigation Panel’s transfer order on the motion for permission to appeal. On December 8, 2016, the parties filed their responses. The Company is in the preliminary stages of reviewing the allegations made in the complaint and, as a result, is unable to provide any assurances as to the ultimate outcome of this lawsuit or that an adverse resolution of this lawsuit would not have a material adverse effect on the Company’s consolidated financial position and results of operations. Conditional Transfer Cases On October 5, 2016, the Multidistrict Litigation Panel issued conditional transfer orders in three cases, Kingdon Associates et al. v. TerraForm Global, Inc. et al., VMT II LLC v. TerraForm Global, Inc. et al., and Canyon Capital Advisors LLC et al. v. TerraForm Global, Inc. et al. On July 14, 2016, plaintiffs filed Kingdon Associates et al. v. TerraForm Global, Inc. et al. in the Superior Court of the State of California for the County of San Mateo against the Company, TerraForm Global, LLC, certain officers and directors of the Company and SunEdison, and the underwriters of the Company’s IPO. The plaintiffs assert claims under Sections 11, 12(a)(2), and 15 of the Securities Act, as well as state law claims for breach of contract, negligent misrepresentation, and violation of Maryland securities laws. The plaintiffs allege, among other things, that the defendants made false and materially misleading statements and failed to disclose material information in the Company's registration statement for the IPO regarding SunEdison and its recent operating results and business strategy and that these false and misleading statements led to the forced conversion of their Class D securities into restricted common stock. The complaint further alleges that the Company breached the June 9, 2015 Class D Purchase Agreement between the Company and the plaintiffs and made negligent misrepresentations in connection with the Company’s Class D registration statement. The complaint seeks compensatory damages, rescission, and such other relief (including equitable or injunctive relief) as the court may deem just and proper. On September 26, 2016, in light of SunEdison’s voluntary petition for bankruptcy on April 21, 2016, the Company and the other defendants removed the action to the U.S. District Court for the Northern District of California. Plaintiffs did not oppose the Multidistrict Litigation Panel's conditional transfer order, and the matter was transferred to the multidistrict litigation on October 20, 2016. The Company is in the preliminary stages of reviewing the allegations made in the complaint and, as a result, is unable to provide any assurances as to the ultimate outcome of this lawsuit or that an adverse resolution of this lawsuit would not have a material adverse effect on the Company’s consolidated financial position and results of operations. On August 8, 2016, plaintiffs filed Canyon Capital Advisors LLC et al. v. TerraForm Global, Inc. et al. in the Superior Court of the State of California for the County of San Mateo against the Company, certain officers and directors of the Company and SunEdison, and the underwriters of the Company’s IPO and SunEdison’s August 18, 2015 preferred stock offering. The plaintiffs assert claims under Sections 11, 12(a)(2), and 15 of the Securities Act, as well as the California Corporate Securities Law. The plaintiffs allege, among other things, that they purchased securities pursuant to offering documents that contained untrue statements of material fact and omitted other material facts necessary to make the statements in the offering documents not misleading. The complaint seeks unspecified damages, rescission, and such other relief (including equitable or injunctive relief) as the court may deem just and proper. On September 8, 2016, in light of SunEdison’s voluntary petition for bankruptcy on April 21, 2016, the Company and the other defendants removed the action to the U.S. District Court for the Northern District of California. On September 26, 2016, plaintiffs filed a motion to remand. On October 6, 2016, plaintiffs filed an amended motion to remand. On October 20, 2016, defendants filed their opposition to that motion, and on November 2, 2016, plaintiffs filed their reply. On October 19, 2016, defendants filed a motion to stay the case until a final transfer determination could be made by the Multidistrict Litigation Panel. On November 2, 2016, plaintiffs filed an opposition to the motion to stay. The Court held a hearing on the motion to remand and the motion to stay on November 10, 2016. On October 26, 2016, plaintiffs filed a motion to vacate the conditional transfer order. On November 16, 2016, defendants filed an opposition to the motion to vacate. On November 17, 2016, the parties filed a stipulation withdrawing the motions to stay and vacate, which the court entered. On November 22, 2016, the Multidistrict Litigation Panel transferred the case to the SDNY for consolidated or coordinated pretrial proceedings. The Company is in the preliminary stages of reviewing the allegations made in the complaint and, as a result, is unable to provide any assurances as to the ultimate outcome of this lawsuit or that an adverse resolution of this lawsuit would not have a material adverse effect on the Company’s consolidated financial position and results of operations. On September 16, 2016, plaintiff filed VMT II LLC v. TerraForm Global, Inc. et al. in the Superior Court of the State of California for the County of San Mateo against the Company, certain officers and directors of the Company and SunEdison, and the underwriters of SunEdison’s preferred stock offering. The plaintiff asserts claims under Sections 11, 12(a)(2), and 15 of the Securities Act, as well as the Maryland Securities Act. The plaintiff alleges, among other things, that the defendants made false and misleading statements in connection with the Company’s IPO, and that these false and misleading statements led to the forced conversion of their Class D securities into restricted common stock. The complaint further alleges that the Company breached the June 9, 2015 Class D Purchase Agreement between the Company and the plaintiffs and made negligent misrepresentations in connection with the Company’s Class D registration statement. The complaint seeks unspecified damages, rescission, and such other relief (including equitable or injunctive relief) as the court may deem just and proper. On September 28, 2016, in light of SunEdison’s voluntary petition for bankruptcy on April 21, 2016, the Company and the other defendants removed the action to the U.S. District Court for the Northern District of California. Plaintiffs did not oppose the Multidistrict Litigation Panel's conditional transfer order, and the matter was transferred to the multidistrict litigation on October 20, 2016. The Company is in the preliminary stages of reviewing the allegations made in the complaint and, as a result, is unable to provide any assurances as to the ultimate outcome of this lawsuit or that an adverse resolution of this lawsuit would not have a material adverse effect on the Company’s consolidated financial position and results of operations. On December 19, 2016, an initial case management conference was held in the multidistrict litigation proceedings in the SDNY. The Court entered a partial stay of all proceedings through March 31, 2017, and entered an order requiring all parties to the multidistrict litigation, including the parties to the conditional transfer cases, to participate in the mediation process that is being conducted in connection with the SunEdison Bankruptcy, which also includes the derivative claim described below. The mediation commenced on February 10, 2017. On February 6, 2017, the Company filed pre-motion letters with the Court describing the grounds for anticipated motions to dismiss in the following matters: In re TerraForm Global, Inc. Securities Litigation, Oklahoma Firefighters Pension & Retirement System v. SunEdison, Inc. et al., Glenview Capital Partners, L.P. et al. v. SunEdison, Inc. et al., Omega Capital Investors et al. v. SunEdison, Inc. et al., Kingdon Associates et al. v. TerraForm Global, Inc. et al., Canyon Capital Advisors LLC et al. v. TerraForm Global, Inc. et al., and VMT II LLC v. TerraForm Global, Inc. et al. The plaintiffs in those matters filed responses on February 20, 2017. On March 31, 2017, the partial stay expired. On April 13, 2017, the Court held a status conference and entered a briefing schedule for the Company’s anticipated motion to dismiss the Consolidated Second Amended Class Action Complaint in In re TerraForm Global, Inc. Securities Litigation. The Company filed its motion to dismiss on June 9, 2017. Plaintiffs’ opposition is due on July 14, 2017, and the Company’s reply is due on August 4, 2017. Further proceedings in the remaining multidistrict litigation matters described above have been stayed pending resolution of the initial motion to dismiss. On March 22, 2017, the Multidistrict Litigation Panel issued conditional transfer orders in Domenech v. TerraForm Global, Inc. et al. and Perez v. TerraForm Global, Inc. et al., and these matters were transferred to the multidistrict litigation on April 13, 2017 and May 31, 2017, respectively. These matters are further described below. Derivative Claim Aldridge v. Blackmore et al. O

Related Parties

Related Parties	3 Months Ended
	Mar. 31, 2017
Related Party Transactions [Abstract]
Related Parties	RELATED PARTIES SunEdison Bankruptcy On April 21, 2016, SunEdison and certain of its domestic and international subsidiaries voluntarily filed for protection under Chapter 11 of the U.S. Bankruptcy Code (the “SunEdison Bankruptcy”). The Company is not a part of the SunEdison Bankruptcy and does not rely substantially on SunEdison for funding, liquidity, or operational or staffing support. The Company continues to participate actively in the SunEdison Bankruptcy proceedings, and the SunEdison Bankruptcy will continue to have a negative impact on the Company given its complex relationship with SunEdison. During the SunEdison Bankruptcy, SunEdison has not performed substantially as obligated under its agreements with the Company, including under the Sponsorship Arrangement and certain O&M and asset management arrangements. The Company believes that the Sponsorship Arrangement comprises a single integrated transaction. The agreements comprising the Sponsorship Arrangement are set forth in separate documents and discussed individually in this Quarterly Report on Form 10-Q. However, the elements of the Sponsorship Arrangement are closely related and a default under one element may be a defense to, or excuse performance under, another element. SunEdison and its various stakeholders have expressed disagreement with this view of the Sponsorship Arrangements and can be expected to contest any such assertion in connection with the SunEdison Bankruptcy. On March 6, 2017, the Company entered into a settlement agreement with SunEdison in connection with the SunEdison Bankruptcy and Merger Agreement (the “Settlement Agreement”). The Settlement Agreement was approved by the bankruptcy court overseeing the SunEdison Bankruptcy on June 7, 2017; however, its effectiveness is conditional on the completion of the Brookfield Transaction. The Settlement Agreement contains certain terms to resolve the complex legal relationship between the Company and SunEdison, including, among other things, an allocation of the total consideration paid in connection with the Brookfield Transaction and, with certain exceptions, the full mutual release of all claims between SunEdison and its affiliated debtors and non-debtors, on the one hand, and the Company and its subsidiaries, on the other hand. Under the settlement terms, following the exchange of all of its Class B shares in TerraForm Global, Inc. and the Class B units in Global LLC for Class A Shares, SunEdison will receive consideration equal to 25.0% of the total consideration paid to all of the Company's shareholders, reflecting the settlement of intercompany claims and cancellation of incentive distribution rights. The remaining 75.0% of the consideration will be distributed to existing Class A shareholders. In addition, upon the effectiveness of the Settlement Agreement, with certain limited exceptions, all agreements between the Company and its subsidiaries, on the one hand, and SunEdison and its subsidiaries, on the other hand, including the agreements comprising the Sponsorship Arrangement, would be terminated. There can be no assurance that the Settlement Agreement will become effective, and such failure may adversely impact the Company’s business. The foregoing description of the Settlement Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Settlement Agreement. Management Services Agreement Immediately prior to the completion of the IPO on August 5, 2015, the Company entered into a Management Services Agreement (the “MSA") with SunEdison. Prior to the IPO and MSA execution, amounts were allocated from SunEdison for general corporate overhead costs attributable to the operations of the Company. The general corporate overhead expenses incurred by SunEdison include costs from certain corporate and shared services functions provided by SunEdison and are reflected in the Company’s unaudited condensed consolidated statements of operations as general and administrative expense. The amounts reflected include (i) charges that were incurred by SunEdison that were specifically identified as being attributable to the Company and (ii) an allocation of applicable remaining general corporate overhead costs based on the proportional level of effort attributable to the operation of the Company’s power plants. These costs include legal, accounting, tax, treasury, information technology, insurance, employee benefit costs, communications, human resources, and procurement. Corporate costs that were specifically identifiable to a particular operation of SunEdison have been allocated to that operation, including the Company. Where specific identification of charges to a particular operation of SunEdison was not practicable, an allocation was applied to all remaining general corporate overhead costs. The allocation methodology for all remaining corporate overhead costs is based on management’s estimate of the proportional level of effort devoted by corporate resources that is attributable to each of the Company’s operations. The cost allocations have been determined on a basis considered to be a reasonable reflection of all costs of doing business by the Company. The amounts that would have been or will be incurred on a stand-alone basis could differ from the amounts allocated due to economies of scale, management judgment, or other factors. Subsequent to the IPO and pursuant to the MSA, SunEdison agreed to provide or arrange for other service providers to provide management and administrative services including legal, accounting, tax, treasury, project finance, information technology, insurance, employee benefit costs, communications, human resources, and procurement to the Company. As consideration for the services provided, the MSA requires the Company to pay SunEdison a base management fee as follows: (i) no fee for 2015, (ii) 2.5% of the Company’s cash available for distribution in 2016, 2017 and 2018, and (iii) an amount equal to SunEdison’s or other service provider’s actual cost in 2019 and thereafter. All costs under the MSA are reflected in the Company’s unaudited condensed consolidated statement of operations as general and administrative expense, and the difference between actual costs and the fee paid pursuant to the MSA will be treated as an equity contribution from SunEdison. No cash payments were made to SunEdison for the MSA fees during the three months ended March 31, 2017 or 2016. As a result of the SunEdison Bankruptcy, SunEdison has not performed substantially as obligated under the MSA, and as a result the Company has borne the actual costs of a substantial portion of the services that SunEdison was obligated to provide under the MSA. As discussed in Note 1 - Nature of Operations , on September 25, 2016, the Company filed its initial proof of claim in the SunEdison Bankruptcy case, which was amended on October 7, 2016. This proof of claim asserted claims based on, among other things, SunEdison's breach of the Sponsorship Arrangement between the Company and SunEdison, which included the MSA. The MSA will be terminated upon the effectiveness of the Settlement Agreement. Included in general and administrative expense are costs incurred under the MSA and corporate allocations of nil and $7.2 million for the three months ended March 31, 2017 and 2016 , respectively. General and administrative expense represents costs incurred or reimbursable by SunEdison for services provided to the Company pursuant to the MSA subsequent to the IPO and allocated to the Company in corporate allocations prior to the IPO. Project Investment Agreement Immediately prior to the completion of the IPO on August 5, 2015, the Company entered into the Project Investment Agreement with SunEdison. Pursuant to the Project Investment Agreement, SunEdison agreed to contribute to the Company certain projects, without further payment, once each project reached commercial operation. These projects include the 17.4 MW Del Litoral and 57.4 MW El Naranjal solar power projects in Uruguay (the “Uruguay Projects”), the 24.1 MW Bora Bora Poly wind power project in India, and the 17.8 MW NPS Star and 17.8 MW WXA solar power projects in Thailand. The NPS Star and WXA solar power projects reached commercial operation in December 2015 and were transferred by SunEdison to the Company in the first quarter of 2016. On March 23, 2016, SunEdison and the Company entered into an amendment to the Project Investment Agreement which extended the contribution deadline for SunEdison to contribute the remaining projects pursuant to the Project Investment Agreement to July 31, 2016. As part of the SunEdison Bankruptcy, the construction on the projects was materially delayed and/or abandoned due to the lack of funding by SunEdison. There were material amounts of project costs and equity contributions for the Uruguay Projects that remained to be contributed by SunEdison in order to complete construction of these projects and disbursement of the project finance debt facilities. Additionally, SunEdison experienced delays in completing construction of the Bora Bora Poly wind power project in India, and the transfer of the project required project lender consent, which was not obtained. In light of the SunEdison Bankruptcy, the Company will not obtain these projects under the Project Investment Agreement and it will not obtain any substitute projects from SunEdison. As discussed in Note 1 - Nature of Operations , on September 25, 2016, the Company filed its initial proof of claim in the SunEdison Bankruptcy case, which was amended on October 7, 2016. This proof of claim asserted claims based on, among other things, SunEdison's breach of the Sponsorship Arrangement between the Company and SunEdison, which included the Project Investment Agreement. The Project Investment Agreement will be terminated upon the effectiveness of the Settlement Agreement. Interest Payment Agreement Immediately prior to the completion of the IPO on August 5, 2015, Global LLC and Global Operating LLC entered into an interest payment agreement (the “Interest Payment Agreement”) with SunEdison, pursuant to which SunEdison agreed to pay an aggregate amount equal to all of the scheduled interest of up to $81.2 million on the Senior Notes until December 31, 2016 and up to an aggregate amount of $40.0 million in 2017, $30.0 million in 2018, $20.0 million in 2019 and $10.0 million in 2020, plus any interest due on any payment not remitted when due. SunEdison’s interest support payments due to the Company have been reduced by $2.9 million as a result of the $49.6 million of the Senior Notes that were extinguished under the open market repurchase program that began in December 2015 and continued through January 2016. SunEdison will not be obligated to pay any amounts due under the Senior Notes in connection with an acceleration of the payment of the principal amount of such indebtedness. Upon expiration of the distribution forbearance period applicable to the Class B common stock that were issued to SunEdison at the time of the Company's IPO, Global LLC will be entitled to set off any amounts owing by SunEdison pursuant to the Interest Payment Agreement against any and all amounts owed by Global LLC to SunEdison under the distribution provisions of the Global LLC Operating Agreement, and Global LLC may pay such amounts to Global Operating LLC. For the three months ended March 31, 2017 and 2016, SunEdison paid Global LLC nil and $41.2 million , respectively, related to interest payments on the Senior Notes. The Interest Payment Agreement terminates upon payment by SunEdison of all amounts owing thereunder. It may, however, be terminated prior to that by mutual written agreement of SunEdison and Global Operating LLC and will automatically terminate upon the repayment in full of the outstanding principal amount of the Senior Notes or a change of control of the Company, Global LLC or Global Operating LLC. The agreement may also be terminated at the election of SunEdison, Global LLC or Global Operating LLC if any of them experiences bankruptcy or insolvency. Any decision by Global LLC or Global Operating LLC to terminate the Interest Payment Agreement must have the prior approval of the Conflicts Committee. On July 29, 2016, the Company received a notice from SunEdison purporting to terminate the Interest Payment Agreement. The notice alleges that SunEdison's bankruptcy permits termination as of right without following the bankruptcy procedures for rejection of executory contracts. Although the Company does not expect SunEdison to perform under the Interest Payment Agreement going forward, the Company is contesting the purported termination of the Interest Payment Agreement, believes that the termination notice is invalid, and is asserting a claim in the SunEdison Bankruptcy for the full amount of damages resulting from SunEdison’s breach of the Interest Payment Agreement. As discussed in Note 1 - Nature of Operations , on September 25, 2016, the Company filed its initial proof of claim in the SunEdison Bankruptcy case, which was amended on October 7, 2016. This proof of claim asserted claims based on, among other things, SunEdison's breach of the Sponsorship Arrangement between the Company and SunEdison, which included the Interest Support Agreement. The Interest Support Agreement will be terminated upon the effectiveness of the Settlement Agreement. Equity Interest Purchase and Sale Agreement for 425 MW India Projects See Note 4 - Deposits for Acquisitions for information regarding the 425 MW India Projects. Operation and Maintenance (“O&M”) and Asset Management Services O&M services, as well as asset management services, were provided to the Company by affiliates of SunEdison pursuant to contractual agreements. Costs incurred for these services were $3.8 million and $5.0 million for the three months ended March 31, 2017 and 2016 , respectively, and are reported as cost of operations in the unaudited condensed consolidated statements of operations. These agreements were all terminated as of April 1, 2017. Engineering, Procurement and Construction Contracts and Module and Tracker Warranties SunEdison served as the prime construction contractor for most of the Company’s power plants that were acquired from SunEdison pursuant to engineering, procurement and construction contracts with the Company’s project companies. These contracts are generally fixed price, turn-key construction contracts that include workmanship and other warranties with respect to the design and construction of the power plants that survive for a period of time after the completion of construction. These contracts or related contracts (including O&M agreements) also often include production or availability guarantees with respect to the output or availability of the power plant that survive completion of construction. Moreover, the Company also generally obtained solar module and tracker warranties from SunEdison, including material and workmanship warranties and output guarantees, for those solar power plants that the Company acquired from SunEdison that utilized SunEdison modules or trackers, as applicable. The SunEdison Bankruptcy will likely reduce or eliminate the Company’s potential recoveries on claims under these agreements and warranties, and all such claims or potential claims will be released upon the effectiveness of the Settlement Agreement. Due to/from SunEdison, net Certain of the Company’s expenses and capital expenditures related to construction in process are paid by affiliates of SunEdison and are reimbursed by the Company to the same or other affiliates of SunEdison. As of March 31, 2017 and December 31, 2016 , the Company owed SunEdison and its affiliates $9.8 million and $16.1 million , net, respectively. Depending on the nature of the activity, amounts are either reflected in operating activities or as a non-cash addition to power plants included in Due to SunEdison, net. Additionally, SunEdison provided contributions to the Company in the form of stockholder loans. Related amounts have been recognized as additional paid-in capital as there is no expectation for the Company to repay SunEdison for the contributions related to stockholder loans. These contributions totaled $7.8 million and $25.6 million for the three months ended March 31, 2017 and 2016 , respectively. Incentive Distribution Rights Immediately prior to the completion of the IPO on August 5, 2015, Global LLC entered into the Fourth Amended and Restated Operating Agreement of Global LLC, which granted SunEdison 100.0% of the incentive distribution rights (“IDRs”) of Global LLC. IDRs represent the right to receive increasing percentages ( 15.0% , 25.0% and 50.0% ) of Global LLC’s quarterly distributions after the Class A units, Class B units and Class B1 units of Global LLC have received quarterly distributions in an amount equal to $0.275 per unit (the “Minimum Quarterly Distribution”), and the target distribution levels have been achieved. As of March 31, 2017 and December 31, 2016 , SunEdison held 100.0% of the IDRs. SunEdison has pledged the IDRs as collateral under its DIP financing and its first and second lien credit facilities and second lien secured notes. SunEdison has granted the Company a right of first refusal with respect to any proposed sale of IDRs to a third party (other than its controlled affiliates), which the Company may exercise to purchase the IDRs proposed to be sold on the same terms offered to such third party at any time within 30 days after it receives written notice of the proposed sale and its terms. Initial IDR Structure If for any quarter: • Global LLC has made cash distributions to the holders of its Class A units, Class B1 units and, subject to the Distribution Forbearance Period and the Subordination Period (as described below) provisions, Class B units in an amount equal to the Minimum Quarterly Distribution; and • Global LLC has distributed cash to the holders of its Class A units and Class B1 units in an amount necessary to eliminate any arrearages in payment of the Minimum Quarterly Distribution; then, subject to the Distribution Forbearance Period provisions, Global LLC will make additional cash distributions for that quarter to holders of its Class A units, Class B units, Class B1 units and the IDRs in the following manner: • first, to all holders of Class A units, Class B1 units and Class B units, pro rata, until each holder receives a total of $0.3163 per unit for that quarter (the “First Target Distribution”) ( 115.0% of the Minimum Quarterly Distribution); • second, 85.0% to all holders of Class A units, Class B1 units and Class B units, pro rata, and 15.0% to the holders of the IDRs, until each holder of Class A units, Class B1 units and Class B units receives a total of $0.3438 per unit for that quarter (the “Second Target Distribution”) ( 125.0% of the Minimum Quarterly Distribution); • third, 75.0% to all holders of Class A units, Class B1 units and Class B units, pro rata, and 25.0% to the holders of the IDRs, until each holder of Class A units, Class B1 units and Class B units receives a total of $0.4125 per unit for that quarter (the “Third Target Distribution”) ( 150.0% of the Minimum Quarterly Distribution); and • thereafter, 50.0% to all holders of Class A units, Class B1 units and Class B units, pro rata, and 50.0% to the holders of the IDRs. There were no payments for IDRs made by the Company during the three months ended March 31, 2017 or the year ended December 31, 2016. As of March 31, 2017 , there were no Class B1 units of Global LLC outstanding. The IDRs will be canceled upon completion of the Brookfield Transaction. Distributions The Global LLC Operating Agreement restricts distributions to holders of Class B units during the Distribution Forbearance Period and the Subordination Period. Distribution Forbearance During the Distribution Forbearance Period, the Global LLC Operating Agreement limits distributions of cash in respect of a specific quarter to Class B units as follows: • the Class B units will not, under any circumstances, be entitled to receive any distributions through the end of 2016 (i.e., distributions declared on or prior to March 31, 2017); and • thereafter, until the end of the Distribution Forbearance Period, the Class B units will not be entitled to receive any distributions to the extent the holders of Class A units and Class B1 units have not received distributions in an amount equal to the Minimum Quarterly Distribution plus any arrearages in the payment of Minimum Quarterly Distributions from prior quarters. The Distribution Forbearance Period began on the completion of the IPO and ends on the later of March 31, 2017 or the date that the Completed CAFD Amount (as defined in the Global LLC Operating Agreement), which approximates the sum of cash available for distribution to shareholders from contributed construction projects and completed acquisition projects from the Company’s IPO portfolio, exceeds the CAFD Forbearance Threshold (as defined in the Global LLC Operating Agreement), which equals $72.1 million . Any distributions forgone by the holders of Class B units pursuant to the provisions in the Global LLC Operating Agreement relating to the limitations on distributions on the Class B units during the Distribution Forbearance Period will not be distributed to holders of other classes of units and will not constitute an arrearage on the Class B units. Subordination Period The Global LLC Operating Agreement provides that, during the Subordination Period, the Class A units and Class B1 units (if any) will have the right to receive quarterly distributions in an amount equal to $0.275 per unit, which amount is defined as the “Minimum Quarterly Distribution,” plus any arrearages in the payment of the Minimum Quarterly Distribution on the Class A units and Class B1 units from prior quarters, before any distributions may be made on the Class B units. The Class B units are deemed “subordinated” because for a period of time, referred to as the “Subordination Period,” the Class B units will not be entitled to receive any distributions from Global LLC until the Class A units and Class B1 units have received the Minimum Quarterly Distribution plus any arrearages in the payment of the Minimum Quarterly Distribution from prior quarters. Furthermore, no arrearages will be paid on the Class B units. The practical effect of the subordinated Class B units is to increase the likelihood that during the Subordination Period there will be sufficient cash available for distributions to shareholders to pay the Minimum Quarterly Distribution on the Class A units and Class B1 units. The subordination of the Class B units is in addition to the provisions in the Global LLC Operating Agreement relating to the limitations on distributions on the Class B units during the Distribution Forbearance Period described above. The Subordination Period began on the completion of the IPO and continues until each of the following tests regarding distributions of cash available for distribution to shareholders and Minimum Quarterly Distributions are met, which will be a minimum three -year period ending no earlier than the beginning of the period for which a distribution is paid for the first quarter of 2018: • distributions of cash available for distribution to shareholders on each of the outstanding Class A units, Class B units and Class B1 units of Global LLC equaled or exceeded $1.1000 per unit (the annualized Minimum Quarterly Distribution) for each of the three consecutive, non-overlapping, four -quarter periods immediately preceding that date; • the cash available for distribution to shareholders generated during each of the three consecutive, non-overlapping, four-quarter periods immediately preceding that date equaled or exceeded the sum of $1.1000 per unit (the annualized Minimum Quarterly Distribution) on all of the outstanding Class A units, Class B units and Class B1 units of Global LLC during those periods on a fully diluted basis; and • there are no arrearages in payment of the Minimum Quarterly Distribution on the Class A units or Class B1 units of Global LLC. The Subordination Period may terminate early if each of the following tests is met: • distributions of cash available for distribution to shareholders on each of the outstanding Class A units, Class B units and Class B1 units of Global LLC equaled or exceeded $1.65 per unit ( 150.0% of the annualized Minimum Quarterly Distribution) for the four -quarter period immediately preceding that date; • the cash available for distribution to shareholders generated during the four -quarter period immediately preceding that date equaled or exceeded the sum of (i) $1.65 per unit ( 150.0% of the annualized Minimum Quarterly Distribution) on all of the outstanding Class A units, Class B units and Class B1 units of Global LLC during such four quarters on a fully diluted basis, and (ii) the corresponding distributions on the IDRs during such four quarters; and • there are no arrearages in payment of the Minimum Quarterly Distributions on the Class A units or Class B1 units of Global LLC. Distributions during the Subordination Period If Global LLC makes a distribution of cash in respect of any specific quarter ending before the end of the Subordination Period, the Global LLC Operating Agreement requires that it make the distribution in the following manner: • first, to the holders of Class A units and Class B1 units, pro rata, until Global LLC distributes for each Class A unit and Class B1 unit an amount equal to the Minimum Quarterly Distribution for that quarter and any arrearages in payment of the Minimum Quarterly Distribution on such units for any prior quarters; • second, subject to the provisions in the Global LLC Operating Agreement relating to the limitations on distributions on the Class B units during the Distribution Forbearance Period, to the holders of Class B units, pro rata, until Global LLC distributes for each Class B unit an amount equal to the Minimum Quarterly Distribution for that quarter; and • thereafter, in the manner described above under Incentive Distribution Rights. Support Agreement Immediately prior to the completion of the IPO on August 5, 2015, Global LLC entered into a project support agreement with SunEdison (the “Support Agreement”). Pursuant to the Support Agreement, SunEdison granted the Company call rights with respect to projects identified therein by SunEdison (“Call Right Projects”) that had an aggregate net nameplate capacity of 1.6 GW (or reasonably equivalent projects), and SunEdison was contractually required to offer Global LLC additional qualifying projects through the fifth anniversary of the completion of the IPO that were projected to generate an aggregate of at least $1.4 billion of cash available for distribution during their respective first twelve months of commercial operation. At the time of the IPO, SunEdison had pending agreements with third-party developers to acquire clean energy projects that had an aggregate capacity of 4.2 GW, which were expected to be added to the call rights list under the Support Agreement. In addition, the Support Agreement granted Global LLC a right of first offer with respect to any clean energy projects (other than Call Right Projects) (“ROFO Projects”) that SunEdison elected to sell or otherwise transfer during the six -year period following the completion of the IPO and that were located in the Company’s initial target markets and other emerging markets that the parties mutually agreed upon. Following the SunEdison Bankruptcy, SunEdison breached the Support Agreement and the Company will not acquire any of the Call Right Projects or ROFO Projects. On September 25, 2016, the Company announced that as a result of SunEdison’s breach under the Support Agreement and other agreements constituting the Sponsorship Arrangement, the Company filed claims against SunEdison in excess of $2 billion . The claims include, without limitation, claims for damages relating to breach of SunEdison's obligations under the Sponsorship Arrangement and other agreements; contribution and indemnification claims arising from litigation; claims relating to SunEdison’s breach of fiduciary, agency and other duties; and claims for interference with and the disruption of the business of the Company, including the loss of business opportunities, loss of business records, failure to provide timely audited financials, and the increased cost of financing and commercial arrangements. Many of these claims are contingent or unliquidated; estimated amounts may change substantially as circumstances develop and damages are determined. Although SunEdison has not formally rejected the Sponsorship Arrangement, it has breached its obligations thereunder and the Company has additional claims for rejection damages. As discussed in Note 1 - Nature of Operations , on September 25, 2016, the Company filed its initial proof of claim in the SunEdison Bankruptcy case, which was amended on October 7, 2016. This proof of claim asserted claims based on, among other things, SunEdison's breach of the Sponsorship Arrangement between the Company and SunEdison, which included the Support Agreement. The Support Agreement will be terminated upon the effectiveness of the Settlement Agreement. Insurance Allocation Agreement The Company, TerraForm Power, Inc., SunEdison and certain of their respective directors and officers shared $150.0 million of directors’ and officers’ liability insurance policies that covered the period from July 15, 2015 to July 14, 2016 (the “D&O Insurance”). SunEdison and the independent directors of SunEdison (the “SUNE D&O Parties”) entered into an agreement, dated March 27, 2017 and amended on June 7, 2017, with the Company, TerraForm Power, Inc. and their respective current directors and officers (the “YieldCo D&O Parties”) related to the D&O Insurance. Among other things, this agreement provides that: (i) the YieldCo D&O Parties consent to a $32.0 million payment to SunEdison from the D&O Insurance in connection with the settlement of claims proposed to be brought by the unsecured creditors’ committee in the SunEdison Bankruptcy under a motion in the SunEdison Bankruptcy case for derivative standing; (ii) for a specified period of time, the SUNE D&O Parties and the YieldCo D&O Parties agree to cooperate in trying to reach settlements of certain lawsuits pending against the YieldCo D&O Parties arising from a variety of alleged prepetition actions and transactions, including, but not limited to, the Company’s initial public offering and other securities transactions, and SunEdison agrees to consent to such proposed settlements to be funded by up to $32.0 million from the D&O Insurance; and (iii) for a specified period of time, SunEdison, its independent directors, the Company and TerraForm Power, Inc. will not assert certain payment priority provisions of the D&O Insurance. The agreement is subject to the approval of the bankruptcy court overseeing the SunEdison Bankruptcy. Arrangements with TerraForm Power In January 2017, the Company entered into a Use and Occupancy Agreement with TerraForm Power, pursuant to which TerraForm Power granted to the Company a license to use the office space in Bethesda, Maryland that is leased by TerraForm Power and is the shared corporate headquarters of the Company and TerraForm Power until the earlier to occur of June 30, 2018 and the termination of the underlying lease. The Company has agreed to pay TerraForm Power one-third of the rent and other amounts due to the landlord under the underlying lease, which is expected to be equal to an aggregate of $0.7 million in 2017, and certain additional service fees. For the three months ended March 31, 2017, $0.3 million was accrued under this agreement. TerraForm Power has entered into service contracts with various vendors for information technology and enterprise resource planning systems. The Company is not a party to any of these contracts and has no direct contractual liability to third parties thereunder, however the Company uses these systems in cooperation with TerraForm Power, and the costs of such systems will be allocated between TerraForm Power and the Company pursuant to an agreement that is expected to be entered into between TerraForm Power and the Company. As of March 31, 2017 and December 31, 2016, the Company capitalized $0.3 million and $0.4 million , respectively, of expenses related to development costs of the new enterprise resource planning system

Segment Reporting

Segment Reporting	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Segment Reporting	SEGMENT REPORTING The Company has two reportable segments: Solar Energy and Wind Energy. These segments include the Company’s entire portfolio of power plants and are determined based on the “management” approach. This approach designates the internal reporting used by management for making decisions and assessing performance as the source of the reportable segments. Corporate expenses include general and administrative expenses, acquisition costs, formation and offering related fees and expenses, interest expense on corporate level indebtedness and stock-based compensation. The following table reflects summarized financial information concerning the Company’s reportable segments for the three months ended March 31, 2017 and 2016 : Three Months Ended March 31, 2017 Three Months Ended March 31, 2016 (In thousands) Solar Wind Corporate Total Solar Wind Corporate Total Operating revenues, net $ 32,943 $ 23,541 $ — $ 56,484 $ 28,739 $ 18,947 $ — $ 47,686 Depreciation, accretion and amortization 7,142 7,959 — 15,101 5,872 8,700 — 14,572 Other operating costs and expenses 5,133 7,794 17,381 30,308 6,443 7,429 16,549 30,421 Interest expense (income), net 9,942 (117 ) 20,664 30,489 12,260 (1,767 ) 23,170 33,663 Other non-operating (income) expenses 4,129 (191 ) (23,864 ) (19,926 ) 4,246 1,988 (31,814 ) (25,580 ) Income tax expense (benefit)¹ — — 2,465 2,465 — — 858 858 Net income (loss) $ 6,597 $ 8,096 $ (16,646 ) $ (1,953 ) $ (82 ) $ 2,597 $ (8,763 ) $ (6,248 ) The following table reflects reportable segment assets as of March 31, 2017 and December 31, 2016 : Balance Sheet As of March 31, 2017 As of December 31, 2016 (In thousands) Solar Wind Corporate Total Solar Wind Corporate Total Total assets² $ 573,894 $ 359,777 $ 1,520,729 $2,454,400 $ 556,452 $ 448,621 $ 1,443,206 $ 2,448,279 (1) Income tax benefit is not allocated to the Company’s Solar and Wind segments. (2) Corporate assets include cash and cash equivalents, intercompany accounts receivable, other current assets and other assets.

Other Comprehensive Income (Los

Other Comprehensive Income (Loss)	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Other Comprehensive Income (Loss)	OTHER COMPREHENSIVE INCOME (LOSS) Comprehensive income (loss) represents a measure of all changes in equity that result from recognized transactions and other economic events other than transactions with owners in their capacity as owners. Other comprehensive income (loss) includes foreign currency translations and gains (losses) on hedging instruments. The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax: (In thousands) Foreign Currency Translation Adjustments Hedging Activities Accumulated Other Comprehensive Income Balance as of December 31, 2016 $ 13,801 $ (2,972 ) $ 10,829 Other comprehensive income (loss) 12,581 (2,468 ) 10,113 Less: other comprehensive income (loss) attributable to non-controlling interests 5,948 (1,653 ) 4,295 Balance as of March 31, 2017 $ 20,434 $ (3,787 ) $ 16,647 The following tables present the changes in each component of accumulated other comprehensive loss and the related tax effects for the three months ended March 31, 2017 and 2016: Three Months Ended March 31, 2017 (In thousands) Before Tax Tax Effect Net of Tax Foreign currency translation adjustments: $ 12,581 $ — $ 12,581 Unrealized gain (loss) on hedging instruments (2,468 ) 692 (1,776 ) Net other comprehensive income (loss) $ 10,113 $ 692 $ 10,805 Less: Other comprehensive income attributable to non-controlling interests, net of tax 4,759 Other comprehensive income attributable to Class A stockholders $ 6,046 Three Months Ended March 31, 2016 (In thousands) Before Tax Tax Effect Net of Tax Foreign currency translation adjustments: $ 4,560 $ — $ 4,560 Unrealized gain (loss) on hedging instruments (14,463 ) — (14,463 ) Net other comprehensive income (loss) $ (9,903 ) $ — $ (9,903 ) Less: Other comprehensive income attributable to non-controlling interests, net of tax (7,847 ) Other comprehensive income attributable to Class A stockholders $ (2,056 )

Subsequent Events

Subsequent Events	3 Months Ended
	Mar. 31, 2017
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS Nasdaq Compliance Periodic Reports On March 20, 2017, the Company received a notification letter from a Hearings Advisor from the Nasdaq Office of General Counsel informing the Company that the hearings panel granted the Company's request for an extension until June 30, 2017 to regain compliance with Nasdaq’s continued listing requirements with respect to its Form 10-K for the year ended December 31, 2016 and its Form 10-Q for the first quarter of 2017. The hearings panel reserved the right to reconsider the terms of the extension and the Nasdaq Listing and Hearing Review Council may determine to review the hearing panel’s decision. On May 15, 2017, the Company received a notification letter from a Senior Director of Nasdaq Listing Qualifications stating that because the Company has not yet filed its Form 10-Q for the period ended March 31, 2017, this serves as an additional basis for delisting the Company’s securities from the Nasdaq Stock Market under Nasdaq Listing Rule 5250(c)(1). 2016 Annual Meeting Nasdaq Listing Rule 5620(a) (the "Annual Meeting Rule") requires the Company to hold an annual meeting of shareholders within twelve months of the end for the Company's fiscal year. Because the Company did not hold an annual meeting during 2016, the Company is not in compliance with the Annual Meeting Rule. On January 4, 2017, the Company received a notification letter from a Senior Director of Nasdaq Listing Qualification, which stated that the Company's failure to hold its annual meeting by December 31, 2016 serves as an additional basis for delisting the Company's securities and that the hearings panel would consider this matter in their decision regarding the Company's continued listing on the Nasdaq Global Select Market. On January 11, 2017, the Company submitted a response requesting an extension to hold an annual meeting and regain compliance with the Annual Meeting Rule. On March 20, 2017, the Company received a notification letter from a Hearings Advisor from the Nasdaq Office of General Counsel informing the Company that the hearings panel granted the Company's request for an extension until June 30, 2017 to regain compliance with Nasdaq’s continued listing requirements with respect to holding its annual meeting during the year ended December 31, 2016. The hearing panel reserved the right to reconsider the terms of the extension and the Nasdaq Listing and Hearing Review Council may determine to review the hearing panel’s decision. On June 15, 2017, the Company announced that its annual meeting of stockholders for 2017 had been scheduled for June 29, 2017.

Nature of Operations (Policies)

Nature of Operations (Policies)	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation, Policy	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with SEC regulations for interim financial information. Accordingly, they do not include all of the information and notes required by accounting principles generally accepted in the United States of America ("U.S. GAAP") for complete financial statements. The financial statements should be read in conjunction with the accounting policies and other disclosures as set forth in the notes to the Company’s annual financial statements for the year ended December 31, 2016, filed with the SEC on Form 10-K on June 15, 2017. Certain solar power plants in the Company’s current portfolio have been contributed from SunEdison (also referred to as a “dropdown”) and are reflected in the accompanying unaudited condensed consolidated balance sheets at SunEdison’s historical cost. When power plants are contributed or acquired from SunEdison, the Company is required to recast its historical financial statements to reflect the assets and liabilities of the acquired power plants for the period such power plants were owned by SunEdison in accordance with rules applicable to transactions between entities under common control. The accompanying unaudited condensed consolidated financial statements represent the results of TerraForm Global, Inc., which consolidates Global LLC through its controlling interest. Corporate expenses represent those costs allocated to the Company under the Management Services Agreement, as more fully described in Note 16 - Related Parties . In the opinion of management, the accompanying unaudited condensed consolidated financial statements contain all material adjustments consisting of normal and recurring adjustments necessary to present fairly the Company’s unaudited condensed consolidated financial position as of March 31, 2017, and the results of operations, comprehensive income and cash flows for the three months ended March 31, 2017 and 2016.
Use of Estimates, Policy	Use of Estimates In preparing the unaudited condensed consolidated financial statements in conformity with U.S. GAAP, the Company used estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements. Such estimates also affect the reported amounts of revenues, expenses and cash flows during the reporting period. To the extent there are material differences between the estimates and actual results, the Company's future results of operations would be affected.
Restricted Cash, Policy	Restricted Cash Restricted cash consists of cash on deposit in financial institutions that is restricted to satisfy the requirements of certain debt and acquisition agreements and funds held within the Company's project companies that are restricted for current debt service payments and other purposes in accordance with the applicable debt agreements. These restrictions include: (i) cash on deposit in collateral accounts, debt service reserve accounts, and maintenance reserve accounts; and (ii) cash on deposit in operating accounts but subject to distribution restrictions due to debt defaults, as of the balance sheet date.
New Accounting Standards, Policy	New Accounting Standards In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers , which requires an entity to recognize the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. ASU 2014-09 will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. ASU 2014-09 is effective for the Company on January 1, 2018. Early adoption is permitted but not before January 1, 2017. ASU 2014-09 permits the use of either a retrospective or cumulative effect transition method. The Company has not determined which transition method it will adopt, and it is currently evaluating the impact that ASU 2014-09 will have on its consolidated financial statements and related disclosures upon adoption. The Company does not plan to adopt this standard prior to January 1, 2018. In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern , which describes how an entity should assess its ability to meet obligations and sets rules for how this information should be disclosed in the financial statements. ASU 2014-15 provides accounting guidance that will be used along with existing auditing standards. ASU 2014-15 applies to all entities for the first annual period ending after December 15, 2016, and interim periods thereafter. The Company adopted ASU 2014-15 as of January 1, 2017 and this standard did not have a material effect on the Company's consolidated financial statements. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), which primarily changes the lessee’s accounting for operating leases by requiring recognition of lease right-of-use assets and lease liabilities. This standard is effective for annual reporting periods beginning after December 15, 2018, with early adoption permitted. The Company is evaluating the effect of the standard on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-05, Derivatives and Hedging (Topic 815), which clarifies that a change in one of the parties to a derivative contract (through novation) that is part of a hedge accounting relationship does not, by itself, require designation of that relationship, as long as all other hedge accounting criteria continue to be met. This standard is effective for annual and interim periods in fiscal years beginning after December 15, 2016, with early adoption permitted. The Company evaluated the standard and determined that it did not have a material effect on its consolidated financial statements. In March 2016, the FASB issued ASU 2016-06, Derivatives and Hedging (Topic 815) , which clarifies that determining whether the economic characteristics of a put or call are clearly and closely related to its debt host requires only an assessment of the four-step decision sequence outlined in FASB ASC paragraph 815-15-25-24. Additionally, entities are not required to separately assess whether the contingency itself is clearly and closely related. This standard is effective for annual and interim periods in fiscal years beginning after December 15, 2018, with early adoption permitted. The Company does not expect this standard to have a material effect on its consolidated financial statements. On March 30, 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718) , which is intended to improve the accounting for share-based payment transactions as part of the FASB’s simplification initiative. ASU 2016-09 changes seven aspects of the accounting for share-based payment award transactions, including but not limited to: (1) accounting for income taxes; (2) classification of excess tax benefits on the statement of cash flows; (3) forfeitures; (4) minimum statutory tax withholding requirements; and (5) classification of employee taxes paid on the statement of cash flows when an employer withholds shares for tax-withholding purposes. This standard is effective for annual and interim periods in fiscal years beginning after December 15, 2016, with early adoption permitted. The Company evaluated the standard and determined that it did not have a material effect on its consolidated financial statements. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments . The amendments of ASU 2016-15 were issued to address eight specific cash flow issues for which stakeholders have indicated to the FASB that a diversity in practice existed in how entities were presenting and classifying these items in the statement of cash flows. The issues addressed by ASU 2016-15 include but are not limited to the classification of debt prepayment and debt extinguishment costs, payments made for contingent consideration for a business combination, proceeds from the settlement of insurance proceeds, distributions received from equity method investees and separately identifiable cash flows and the application of the predominance principle. The amendments of ASU 2016-15 are effective for public entities for fiscal years beginning after December 15, 2017 and interim periods in those fiscal years. Early adoption is permitted, including adoption in an interim fiscal period with all amendments adopted in the same period. The adoption of ASU 2016-15 is required to be applied retrospectively. The Company is evaluating the impact of the standard on its consolidated statements of cash flows. In October 2016, the FASB issued ASU 2016-16, Income Taxes (Topic 740): Intra-Entity Transfer of Assets Other Than Inventory , which eliminates the recognition of current and deferred income taxes for an intra-entity asset transfer until the asset has been sold to an outside party exception for an intra-entity transfer of an asset other than inventory. ASU 2016-16 is effective for annual periods beginning after December 15, 2017, and for annual periods and interim periods thereafter with early adoption permitted. The Company is evaluating the effect of the standard on its consolidated financial statements. In October 2016, the FASB issued ASU 2016-17, Consolidation (Topic 810): Interests Held through Related Parties That Are under Common Control . ASU 2016-17 updates ASU 2015-02. Under the amendments, a single decision maker is not required to consider indirect interests held through related parties that are under common control with the single decision maker to be the equivalent of direct interests in their entirety. Instead, a single decision maker is required to include those interests on a proportionate basis consistent with indirect interests held through other related parties. ASU 2016-17 is effective for annual periods beginning after December 15, 2017, and for annual periods and interim periods thereafter with early adoption permitted. The Company is evaluating the effect of the standard on its consolidated financial statements. In November 2016, the FASB issued ASU 2016-18, Statement of Cashflows (Topic 320): Restricted Cash a Consensus of the FASB Emerging Issues Task Force . The amendments require that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this update do not provide a definition of restricted cash or restricted cash equivalents. ASU 2016-18 is effective for fiscal years beginning after December 15, 2017 and interim periods within those fiscal years. The Company is evaluating the effect of this standard on its consolidated financial statements. In December 2016, the FASB issued ASU 2016-19, Technical Corrections and Improvements . The amendments cover a wide range of topics in the Accounting Standards Codification, including differences between original guidance and the Accounting Standards Codification, guidance clarification and reference corrections, simplification and minor improvements. The adoption of ASU 2016-19 is effective for annual periods, including interim periods within those annual periods, beginning after December 15, 2016. The Company evaluated the standard and determined that it did not have a material effect on its consolidated financial statements. In December 2016, the FASB issued ASU 2016-20, Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers . The amendments in this update are of a similar nature to the items typically addressed in the ASU 2016-19, Technical Corrections and Improvements. However, the FASB decided to issue a separate update for technical corrections and improvements to Topic 606 and other Topics amended by ASU 2014-09 to increase stakeholders’ awareness of the proposals and to expedite improvements to ASU 2014-09. The adoption of ASU 2016-20 is effective from the periods beginning after December 15, 2017, including interim reporting periods within that reporting period. Early adoption is permitted only as of annual reporting periods beginning after December 15, 2016, including interim reporting periods within that reporting period. The Company evaluated the standard and determined that it did not have a material effect on its consolidated financial statements. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business . The amendment seeks to clarify the definition of a business with the objective of adding guidance to assist entities with evaluating whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The definition of a business affects many areas of accounting, including acquisitions, disposals, goodwill and consolidation. The adoption of ASU 2017-01 is effective for annual periods beginning after December 15, 2017, including interim periods within those periods. The amendments should be applied prospectively on or after the effective dates. The Company is evaluating the effect of this standard on its consolidated financial statements. In January 2017, the FASB issued ASU 2017-04, Intangibles-Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. To simplify the subsequent measurement of goodwill, the FASB eliminated Step 2 from the goodwill impairment test. Under the amendments in this update, an entity should perform its annual, or interim, goodwill impairment test by comparing the fair value of a reporting unit with its carrying amount. An entity should recognize an impairment charge for the amount by which the carrying amount exceeds the reporting unit’s fair value; however, the loss recognized should not exceed the total amount of goodwill allocated to that reporting unit. Additionally, an entity should consider income tax effects from any tax deductible goodwill on the carrying amount of the reporting unit when measuring the goodwill impairment loss, if applicable. The standard will be applied prospectively and is effective for annual and interim impairment tests performed in periods beginning after December 15, 2019. The Company is evaluating the effect of this standard on its consolidated financial statements. In May 2017, the FASB issued ASU 2017-09, Compensation-Stock Compensation (Topic 718): Scope of Modification Accounting . The amendment clarifies when changes to the terms or conditions of a share-based payment award must be accounted for as modifications. The new guidance is expected to reduce diversity in practice and result in fewer changes to the terms of an award being accounted for as modifications. Changes that do not impact the award’s fair value, vesting conditions, or classification as an equity or liability instrument will not to be assessed modification accounting. The guidance is effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The Company is evaluating the effect of this standard on its consolidated financial statements.

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2017
Business Combinations [Abstract]
Schedule of Recognized Assets and Liabilities	The acquisition date allocation of assets and liabilities for the Alto Cielo solar power plant is as follows: 2016 (In thousands) Alto Cielo Cash and cash equivalents $ 190 Restricted cash 1,923 Accounts receivable 311 Power plants 35,414 Other assets 2,738 Total assets acquired 40,576 Accrued expenses and other current liabilities 3,670 Deferred tax liabilities 557 Long-term debt, including current portion 4,031 Total liabilities assumed 8,258 Fair value of net assets acquired $ 32,318

Power Plants (Tables)

Power Plants (Tables)	3 Months Ended
	Mar. 31, 2017
Property, Plant and Equipment [Abstract]
Schedule of Power Plants, Net	Power plants, net consists of: (In thousands) March 31, 2017 December 31, 2016 Land $ 10,205 $ 9,787 Solar power plants 793,901 763,147 Wind power plants 708,402 676,824 Total power plants in service, at cost 1,512,508 1,449,758 Less: accumulated depreciation (112,528 ) (94,634 ) Total power plants in service, net 1,399,980 1,355,124 Construction in progress 497 238 Total power plants, net $ 1,400,477 $ 1,355,362

Deposits for Acquisitions (Tabl

Deposits for Acquisitions (Tables)	3 Months Ended
	Mar. 31, 2017
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Deposits for Acquisitions	Deposits for acquisitions consist of: As of March 31, As of December 31, (In thousands) 2017 2016 India PSA payment to SunEdison $ 231,000 $ 231,000 BioTherm payment 51,101 51,101 Total deposits for acquisitions 282,101 282,101 Less: provision for contingent loss (231,000 ) (231,000 ) Less: BioTherm distribution (4,110 ) (2,827 ) Total deposits for acquisitions, net $ 46,991 $ 48,274

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2017
Finite-Lived Intangible Assets, Net [Abstract]
Schedule of Gross Carrying Amount and Accumulated Amortization of Other Intangible Assets	The following table presents the gross carrying amount and accumulated amortization of intangible assets as of March 31, 2017 : (In thousands, except weighted average amortization period) Remaining Weighted Average Amortization Period (Years) Gross Carrying Amount Accumulated Amortization Accumulated Currency Translation Adjustment Net Book Value In-place value of market rate revenue contracts 18 $ 93,943 $ (8,228 ) $ 398 $ 86,113 The following table presents the gross carrying amount and accumulated amortization of intangible assets as of December 31, 2016: (In thousands, except weighted average amortization period) Remaining Weighted Average Amortization Period (Years) Gross Carrying Amount Accumulated Amortization Accumulated Currency Translation Adjustment Net Book Value In-place value of market rate revenue contracts 18 $ 93,943 $ (5,932 ) $ (5,561 ) $ 82,450

Variable Interest Entities (Tab

Variable Interest Entities (Tables)	3 Months Ended
	Mar. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Variable Interest Entities	The carrying amounts and classification of the consolidated VIEs’ assets and liabilities included in the Company’s unaudited condensed consolidated balance sheets are as follows: (In thousands) As of March 31, 2017 As of December 31, 2016 Current assets $ 175,695 $ 186,739 Non-current assets 381,565 423,315 Total assets $ 557,260 $ 610,054 Current liabilities $ 392,732 $ 386,297 Non-current liabilities 111,625 162,793 Total liabilities $ 504,357 $ 549,090

Long-Term Debt (Tables)

Long-Term Debt (Tables)	3 Months Ended
	Mar. 31, 2017
Debt Disclosure [Abstract]
Schedule of Long-term Debt	Long-term debt as of March 31, 2017 and December 31, 2016 consists of the following: As of March 31, As of December 31, (In thousands, except rates) 2017 2016 Interest Type Current Interest Rate (%) (1) Financing Type Corporate level long-term debt: Senior Notes $ 753,152 $ 752,813 Fixed 9.80% Term debt Project level long-term debt: Permanent financing 356,688 351,607 Blended 11.9% (2) Term debt Total long-term debt 1,109,840 1,104,420 Less: deferred financing costs, net (3) 17,871 18,352 Less: current portion of long-term debt (4) 331,467 327,459 Consolidated long-term debt, less current portion $ 760,502 $ 758,609 (1) The weighted average effective interest rate as of March 31, 2017 . (2) As of March 31, 2017 , 8.8% of this balance had fixed interest rate debt and the remaining 91.2% had variable interest rate debt, of which a portion is hedged with interest rate swaps. (3) Total net debt reflects the reclassification of deferred financing costs to reduce long-term debt as further described in Note 1 - Nature of Operations and Basis of Presentation. (4) Approximately $328.0 million and $323.3 million have been classified as current due to non-compliance with certain debt covenants as of March 31, 2017 and December 31, 2016 , respectively.
Schedule of Maturities of Long-term Debt	The aggregate amounts of contractual payments of long-term debt due after March 31, 2017 , excluding amortization of debt discounts and premiums, as stated in the financing agreements, are as follows: Maturities (In thousands) Remainder of 2017 (1) 2018 2019 2020 2021 Thereafter Total Project Level $ 9,360 $ 9,798 $ 14,829 $ 17,889 $ 21,401 $ 283,411 $ 356,688 Corporate — — — — — 753,152 753,152 Total debt $ 9,360 $ 9,798 $ 14,829 $ 17,889 $ 21,401 $ 1,036,563 $ 1,109,840 (1) Represents the contractual principal payment due dates for the Company’s long-term debt and does not reflect the reclassification of $328.0 million of long-term debt to current as a result of debt defaults under a portion of its non-recourse financing agreements or deferred financing costs that are included with the net long-term balance of the unaudited condensed consolidated balance sheet.

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Mar. 31, 2017
Income Tax Disclosure [Abstract]
Components of Income Tax Provision	The income tax provision consisted of the following: Three Months Ended March 31, (In thousands, except effective tax rate) 2017 2016 Income (loss) before income tax expense $ 512 $ (5,390 ) Income tax expense 2,465 858 Effective tax rate 481.4 % (15.9 )%

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	Activities related to derivative instruments were reported in the line items as of and for the periods indicated, as follows: (In thousands) Fair Value As of Type of Instrument Balance Sheet Classification March 31, 2017 December 31, 2016 Derivatives designated as hedging: Interest rate swaps Other liabilities, net $ (3,572 ) $ (2,237 ) Accumulated other comprehensive loss 3,572 2,237 Cross currency swaps Other assets, net 31,341 41,752 Accumulated other comprehensive loss 7,820 6,688 Derivatives not designated as hedging: Interest rate swaps Other liabilities $ (858 ) $ (68 ) Foreign currency forward contracts Other liabilities (22,111 ) (13,299 ) (In thousands) Three Months Ended March 31, Type of Instrument Statement of Operations Classification 2017 2016 Derivatives not designated as hedging: Interest rate swaps Interest expense $ 763 $ 2,969 Currency forward contracts Other expenses 4,446 18,163
Gain (Loss) of Derivative Instruments	(In thousands) Three Months Ended March 31, Type of Instrument Statement of Operations Classification 2017 2016 Derivatives not designated as hedging: Interest rate swaps Interest expense $ 763 $ 2,969 Currency forward contracts Other expenses 4,446 18,163
Schedule of Notional Amounts	(In thousands) Notional Amounts as of March 31, 2017 Derivatives designated as hedges: Interest rate swaps (USD) 130,740 Cross currency swaps (USD) 175,377 Derivatives not designated as hedges: Interest rate swaps (USD) 136,151 Currency forward contracts (BRL) 51,858 Currency forward contracts (CNY) 20,903 Currency forward contracts (INR) 52,887 Currency forward contracts (MYR) 4,905 Currency forward contracts (THB) 7,148 Currency forward contracts (ZAR) 22,253

Fair Value of Financial Instr36

Fair Value of Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table summarizes the financial instruments measured at fair value on a recurring basis classified in the fair value hierarchy (Level 1, 2 or 3) based on the inputs used for valuation in the accompanying unaudited condensed consolidated balance sheets: As of March 31, 2017 As of December 31, 2016 Assets (liabilities) in thousands Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Interest rate swaps $ — $ (4,430 ) $ — $ (4,430 ) $ — $ (2,305 ) $ — $ (2,305 ) Foreign currency forward contracts (22,111 ) — — (22,111 ) (13,299 ) — — (13,299 ) Cross currency swaps — 31,341 — 31,341 — 41,752 — 41,752 Total $ (22,111 ) $ 26,911 $ — $ 4,800 $ (13,299 ) $ 39,447 $ — $ 26,148
Schedule of Carrying Values and Estimated Fair Values of Debt	The following table presents the carrying amount and estimated fair value of the Company's outstanding short-term and long-term debt obligations as of March 31, 2017 and December 31, 2016 , respectively: As of March 31, 2017 As of December 31, 2016 (In thousands) Carrying Amount Fair Value Carrying Amount Fair Value Long-term debt, including current portion $ 1,109,840 $ 1,253,771 $ 1,104,420 $ 1,209,863

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Schedule of Outstanding Equity Securities	As of March 31, 2017 , the following shares of the Company were outstanding: Class: Number Outstanding Holders Class A common stock 112,848,950 * Class B common stock 61,343,054 SunEdison Class B1 common stock — Not Applicable Preferred stock — Not Applicable Total shares outstanding 174,192,004 * Common stockholders are comprised of: public stockholders (including Renova Energia, S.A., Vincent C. Smith, and Knighthead Capital Management, LLC), SunEdison, executive officers, management and employees.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2017
Restricted stock award (RSA)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock and Restricted Stock Units Activity	The following table presents information regarding outstanding RSAs as of March 31, 2017 and changes during the three months then ended: Number of RSAs Outstanding Weighted Average Grant Date Fair Value Per Share Aggregate Intrinsic Value (in millions) Balance at January 1, 2017 4,688,975 $ 0.18 Converted (20,121 ) Forfeited (422,531 ) 0.21 Balance at March 31, 2017 4,246,323 $ 0.18 $ 20.4
Restricted stock units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted Stock and Restricted Stock Units Activity	The following table presents information regarding outstanding RSUs as of March 31, 2017 and changes during the three months then ended: Number of RSUs Outstanding Aggregate Intrinsic Value (In millions) Weighted Average Remaining Balance at January 1, 2017 2,311,687 Granted 317,276 Converted (17,800 ) Forfeited (314,097 ) Balance at March 31, 2017 2,297,066 $ 11.0 1.3

Loss Per Share (Tables)

Loss Per Share (Tables)	3 Months Ended
	Mar. 31, 2017
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Loss Per Share	Basic and diluted loss per share for the three months ended March 31, 2017 was calculated as follows: (In thousands, except per share amounts) Three Months Ended March 31, 2017 Three Months Ended March 31, 2016 Basic and diluted loss per share: Net loss attributable to Class A common stockholders $ (1,713 ) $ (4,632 ) Less: dividends paid on Class A common stock and participating RSAs — 30,674 Undistributed loss attributable to Class A stockholders $ (1,713 ) $ (35,306 ) Weighted-average shares outstanding 113,256 106,856 Distributed earnings per share $ — $ 0.28 Undistributed loss per share (0.02 ) (0.32 ) Basic and diluted loss per share $ (0.02 ) $ (0.04 )

Non-Controlling Interests (Tabl

Non-Controlling Interests (Tables)	3 Months Ended
	Mar. 31, 2017
Noncontrolling Interest [Abstract]
Schedule of Non-controlling Interests	The following table presents the non-controlling interest balances by entity, reported in stockholders’ equity in the unaudited condensed consolidated balance sheets as of March 31, 2017 and December 31, 2016 : (in thousands) As of March 31, 2017 As of December 31, 2016 SunEdison’s non-controlling interests in Global LLC $ 382,892 $ 370,117 Non-controlling interests in power plants 76,348 92,308 Total non-controlling interests $ 459,240 $ 462,425

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Mar. 31, 2017
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following table reflects summarized financial information concerning the Company’s reportable segments for the three months ended March 31, 2017 and 2016 : Three Months Ended March 31, 2017 Three Months Ended March 31, 2016 (In thousands) Solar Wind Corporate Total Solar Wind Corporate Total Operating revenues, net $ 32,943 $ 23,541 $ — $ 56,484 $ 28,739 $ 18,947 $ — $ 47,686 Depreciation, accretion and amortization 7,142 7,959 — 15,101 5,872 8,700 — 14,572 Other operating costs and expenses 5,133 7,794 17,381 30,308 6,443 7,429 16,549 30,421 Interest expense (income), net 9,942 (117 ) 20,664 30,489 12,260 (1,767 ) 23,170 33,663 Other non-operating (income) expenses 4,129 (191 ) (23,864 ) (19,926 ) 4,246 1,988 (31,814 ) (25,580 ) Income tax expense (benefit)¹ — — 2,465 2,465 — — 858 858 Net income (loss) $ 6,597 $ 8,096 $ (16,646 ) $ (1,953 ) $ (82 ) $ 2,597 $ (8,763 ) $ (6,248 )
Reconciliation of Assets from Segment to Consolidated	The following table reflects reportable segment assets as of March 31, 2017 and December 31, 2016 : Balance Sheet As of March 31, 2017 As of December 31, 2016 (In thousands) Solar Wind Corporate Total Solar Wind Corporate Total Total assets² $ 573,894 $ 359,777 $ 1,520,729 $2,454,400 $ 556,452 $ 448,621 $ 1,443,206 $ 2,448,279 (1) Income tax benefit is not allocated to the Company’s Solar and Wind segments. (2) Corporate assets include cash and cash equivalents, intercompany accounts receivable, other current assets and other assets.

Other Comprehensive Income (L42

Other Comprehensive Income (Loss) (Tables)	3 Months Ended
	Mar. 31, 2017
Equity [Abstract]
Schedule of Other Comprehensive Income (Loss)	The following table presents the changes in each component of accumulated other comprehensive income (loss), net of tax: (In thousands) Foreign Currency Translation Adjustments Hedging Activities Accumulated Other Comprehensive Income Balance as of December 31, 2016 $ 13,801 $ (2,972 ) $ 10,829 Other comprehensive income (loss) 12,581 (2,468 ) 10,113 Less: other comprehensive income (loss) attributable to non-controlling interests 5,948 (1,653 ) 4,295 Balance as of March 31, 2017 $ 20,434 $ (3,787 ) $ 16,647
Changes in Components of Accumulated Other Comprehensive Loss	The following tables present the changes in each component of accumulated other comprehensive loss and the related tax effects for the three months ended March 31, 2017 and 2016: Three Months Ended March 31, 2017 (In thousands) Before Tax Tax Effect Net of Tax Foreign currency translation adjustments: $ 12,581 $ — $ 12,581 Unrealized gain (loss) on hedging instruments (2,468 ) 692 (1,776 ) Net other comprehensive income (loss) $ 10,113 $ 692 $ 10,805 Less: Other comprehensive income attributable to non-controlling interests, net of tax 4,759 Other comprehensive income attributable to Class A stockholders $ 6,046 Three Months Ended March 31, 2016 (In thousands) Before Tax Tax Effect Net of Tax Foreign currency translation adjustments: $ 4,560 $ — $ 4,560 Unrealized gain (loss) on hedging instruments (14,463 ) — (14,463 ) Net other comprehensive income (loss) $ (9,903 ) $ — $ (9,903 ) Less: Other comprehensive income attributable to non-controlling interests, net of tax (7,847 ) Other comprehensive income attributable to Class A stockholders $ (2,056 )

Nature of Operations - Narrativ

Nature of Operations - Narrative (Details)	May 26, 2017USD ($)$ / sharesshares	Mar. 06, 2017USD ($)$ / shares	Mar. 31, 2017power_plant$ / shares	Dec. 31, 2016$ / shares	Oct. 07, 2016USD ($)
Debt Instrument [Line Items]
Merger agreement termination extension period		3 months
Agreement termination fee		$ 30,000,000
Senior notes | 9.75% Senior Notes Due 2022
Debt Instrument [Line Items]
Stated interest rate			9.80%
Global Operating LLC | Senior notes | 9.75% Senior Notes Due 2022
Debt Instrument [Line Items]
Stated interest rate			9.75%
Redemption price, percentage		101.00%
Debt covenant, minimum threshold percentage of ownership for acceleration			25.00%
Common Class B
Debt Instrument [Line Items]
Common stock, par value (usd per share) | $ / shares			$ 0.01	$ 0.01
Common Class A
Debt Instrument [Line Items]
Common stock, par value (usd per share) | $ / shares		$ 0.01	$ 0.01	$ 0.01
Common Class A
Debt Instrument [Line Items]
Consideration to be received for each share (in dollars per share) | $ / shares		$ 5.10
Renova arbitration
Debt Instrument [Line Items]
Estimate of possible loss on terminated agreement under certain circumstances		$ 8,000,000
Maximum | Renova arbitration
Debt Instrument [Line Items]
Estimated litigation liability		$ 3,000,000
Positive outcome of litigation | SunEdison Bankruptcy Case
Debt Instrument [Line Items]
Amount of damages sought					$ 2,000,000,000
SunEdison | SunEdison | Common Class B
Debt Instrument [Line Items]
Memorandum of Understanding percentage of consideration to be transferred		25.00%
Investor | SunEdison | Common Class A
Debt Instrument [Line Items]
Memorandum of Understanding percentage of consideration to be transferred		75.00%
India | Project level debt
Debt Instrument [Line Items]
Number of projects acquired | power_plant			2
South Africa | Project level debt
Debt Instrument [Line Items]
Number of projects acquired | power_plant			3
Subsequent event | Renova | Brookfield affiliate
Debt Instrument [Line Items]
Settlement aggregate payment amount	$ 0
Subsequent event | Brookfield affiliate | Renova
Debt Instrument [Line Items]
Settlement aggregate payment amount	$ 0
Number of company shares sold in settlement agreement (in shares) | shares	19,535,004
Shares purchase price (in dollars per share) | $ / shares	$ 4.75
Consideration received for shares sold	$ 92,791,269

Acquisitions - 2017 and 2016 Ac

Acquisitions - 2017 and 2016 Acquisitions and Dropdowns Narrative (Details) ZAR in Millions, $ in Millions	Apr. 08, 2016USD ($)MW	Mar. 31, 2017USD ($)MWshares	Mar. 31, 2017ZARshares	Jun. 30, 2017USD ($)	Jun. 30, 2017ZAR	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Feb. 24, 2016power_plantMW	Aug. 31, 2015USD ($)power_plant	Apr. 30, 2015power_plantMW
BioTherm
Business Acquisition [Line Items]
Number of projects acquired | power_plant									3	3
Payments to acquire businesses		$ 9.8
Amount held in escrow pending lender release letter		41.2							$ 65.6
BioTherm | Minority interests in South African acquisition
Business Acquisition [Line Items]
Payments to acquire businesses		$ 6.9	ZAR 88.9
NPS Star and WXA
Business Acquisition [Line Items]
Capacity of acquired power plants | MW		35.6
Percentage of voting interests acquired								49.00%
NPS Star
Business Acquisition [Line Items]
Number of projects acquired | power_plant								3
Capacity of acquired power plants | MW								17.8
WXA
Business Acquisition [Line Items]
Number of projects acquired | power_plant								3
Capacity of acquired power plants | MW								17.8
Alto Cielo
Business Acquisition [Line Items]
Capacity of acquired power plants | MW	26.4
Payments to acquire businesses	$ 32.3
Percentage of voting interests acquired	100.00%
Escrow deposits related to property sale		$ 1.1
South Africa | BioTherm
Business Acquisition [Line Items]
Number of projects acquired | power_plant									3	3
Capacity of acquired power plants | MW										32.6
Scenario, forecast | BioTherm
Business Acquisition [Line Items]
Payments to acquire businesses						$ 75.4
USD | BioTherm | BioTherm
Business Acquisition [Line Items]
Payments to acquire businesses		2
USD | Scenario, forecast | BioTherm
Business Acquisition [Line Items]
Payments to acquire businesses				$ 67.6
ZAR | BioTherm | BioTherm
Business Acquisition [Line Items]
Payments to acquire businesses		$ 0.9	ZAR 11.6
ZAR | Scenario, forecast | BioTherm
Business Acquisition [Line Items]
Payments to acquire businesses				$ 7.8	ZAR 100.4
Deposits for acquisitions | Common Stock | BioTherm
Business Acquisition [Line Items]
Common stock issued in acquisition (in shares) | shares		544,055	544,055
Non-current restricted cash | BioTherm
Business Acquisition [Line Items]
Cash deposits held for acquisitions		$ 15.1					$ 16.4		$ 20.3

Acquisitions - Schedule of Acqu

Acquisitions - Schedule of Acquisition Accounting (Details) - Alto Cielo $ in Thousands	Apr. 08, 2016USD ($)
Business Acquisition [Line Items]
Cash and cash equivalents	$ 190
Restricted cash	1,923
Accounts receivable	311
Power plants	35,414
Other assets	2,738
Total assets acquired	40,576
Accrued expenses and other current liabilities	3,670
Deferred tax liabilities	557
Long term debt, including current portion	4,031
Total liabilities assumed	8,258
Fair value of net assets acquired	$ 32,318

Acquisitions - Transfer of Bala

Acquisitions - Transfer of Balance of Equity and Incomplete Transfers Narrative (Details) - USD ($) $ in Millions	1 Months Ended
	Oct. 31, 2016	Mar. 31, 2017	Jan. 31, 2017	Dec. 31, 2016	Nov. 30, 2016	Apr. 30, 2016
NSM Suryalabh, NSM Sitra and NSM L'Volta
Business Acquisition [Line Items]
Percentage of voting interests acquired						51.00%
Focal Solar Power Plant
Business Acquisition [Line Items]
Percentage of voting interests acquired	51.00%
Payments to acquire businesses	$ 0.5
SE 25
Business Acquisition [Line Items]
Percentage of voting interests acquired		100.00%
Azure
Business Acquisition [Line Items]
Additional ownership interest acquired					26.00%
ESP Urja
Business Acquisition [Line Items]
Additional ownership interest acquired				26.00%
Millenium Solar Power
Business Acquisition [Line Items]
Additional ownership interest acquired			26.00%
Millenium Solar Power
Business Acquisition [Line Items]
Additional ownership interest acquired	11.00%
Payments to acquire additional interest in subsidiaries	$ 1

Acquisitions - Terminated Acqui

Acquisitions - Terminated Acquisitions Narrative (Details) - USD ($) $ in Millions	Mar. 06, 2017	Mar. 29, 2016
Business Acquisition [Line Items]
Agreement termination fee	$ 30
Renova | ESPRA
Business Acquisition [Line Items]
Agreement termination fee		$ 10

Power Plants - Schedule of Powe

Power Plants - Schedule of Power Plants, Net (Details) $ in Thousands, ₨ in Millions	3 Months Ended			12 Months Ended
	Mar. 31, 2017INR (₨)	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Renewable energy facility [Line Items]
Total power plants in service, at cost		$ 1,512,508		$ 1,449,758
Less: accumulated depreciation		(112,528)		(94,634)
Total power plants in service, net		1,399,980		1,355,124
Power plants, net		1,400,477		1,355,362
Land
Renewable energy facility [Line Items]
Total power plants in service, at cost		10,205		9,787
Solar power plants
Renewable energy facility [Line Items]
Total power plants in service, at cost		793,901		763,147
Wind power plants
Renewable energy facility [Line Items]
Total power plants in service, at cost		708,402		676,824
Construction in progress
Renewable energy facility [Line Items]
Power plants, net		497		$ 238
Power plants
Renewable energy facility [Line Items]
Depreciation		$ 14,100	$ 13,600
Solar Energy Corporation of India (SECI) | India PSA
Renewable energy facility [Line Items]
Solar generation, conditional government subsidy | ₨	₨ 1,189.4
Solar generation, subsidy receipts, next twelve months, percentage	50.00%	50.00%		50.00%
Solar generation, subsidy receipts, each year for five years, percentage	10.00%	10.00%
Solar generation, subsidy receipts, year one, percentage	10.00%	10.00%
Viability Gap Funding subsidies				$ 8,900
Estimate of possible loss on terminated agreement under certain circumstances		$ 3,100
Solar Energy Corporation of India (SECI) | India PSA | Other current assets
Renewable energy facility [Line Items]
Solar generation, government subsidies receivable		2,400		2,300
Solar Energy Corporation of India (SECI) | India PSA | Other assets
Renewable energy facility [Line Items]
Solar generation, government subsidies receivable		$ 3,600		$ 3,400

Deposits for Acquisitions - Sch

Deposits for Acquisitions - Schedule of Deposits for Acquisitions (Details) $ in Thousands	Apr. 03, 2016USD ($)	Sep. 30, 2016USD ($)	Mar. 31, 2017USD ($)shares	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Nov. 20, 2015power_plantMW	Aug. 31, 2015USD ($)power_plant	Apr. 30, 2015power_plant
Business Combination, Separately Recognized Transactions [Line Items]
Deposits for acquisitions			$ 282,101	$ 282,101
Less: provision for contingent loss			(231,000)	(231,000)
Deposit for acquisitions, net			46,991	48,274
India PSA
Business Combination, Separately Recognized Transactions [Line Items]
Deposits for acquisitions			231,000		$ 231,000
Less: provision for contingent loss			(231,000)	(231,000)	(231,000)
India PSA | India
Business Combination, Separately Recognized Transactions [Line Items]
Capacity of acquired power plants | MW						425
BioTherm
Business Combination, Separately Recognized Transactions [Line Items]
Deposits for acquisitions			51,101	51,101
Less: BioTherm distribution			(4,110)	(2,827)
Number of projects acquired | power_plant							3	3
Escrow deposit			41,200				$ 65,600
BioTherm | Non-current restricted cash
Business Combination, Separately Recognized Transactions [Line Items]
Cash deposits held for acquisitions			15,100	16,400			$ 20,300
SunEdison | India PSA | India
Business Combination, Separately Recognized Transactions [Line Items]
Deposits for acquisitions			231,000	$ 231,000	$ 231,000
Number of projects acquired | power_plant						17
Aries and Kookoonsies | BioTherm
Business Combination, Separately Recognized Transactions [Line Items]
Less: BioTherm distribution			(1,300)
Klipheuwel | BioTherm
Business Combination, Separately Recognized Transactions [Line Items]
Less: BioTherm distribution			$ (1,200)
Pending litigation | TerraForm Global, Inc. v. SunEdison, Inc, et al.
Business Combination, Separately Recognized Transactions [Line Items]
Loss contingency, damages sought, value	$ 231,000
Common Stock | BioTherm | Deposits for acquisitions
Business Combination, Separately Recognized Transactions [Line Items]
Common stock issued in acquisition (in shares) | shares			544,055
Third party sale transaction
Business Combination, Separately Recognized Transactions [Line Items]
Proceeds from sale of power purchase agreement		$ 6,700

Intangible Assets - Schedule of

Intangible Assets - Schedule of Gross Carrying Amounts and Accumulated Amortization of Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 1,200
Revenue Contract
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Remaining Weighted Average Amortization Period (Years)	18 years	18 years
Gross Carrying Amount	$ 93,943	$ 93,943
Accumulated Amortization	(8,228)	(5,932)
Accumulated Currency Translation Adjustment	398	(5,561)
Net Book Value	$ 86,113	$ 82,450
Minimum | Revenue Contract
Finite-Lived Intangible Assets [Line Items]
Weighted average remaining life of intangibles	20 years
Maximum | Revenue Contract
Finite-Lived Intangible Assets [Line Items]
Weighted average remaining life of intangibles	25 years
Operating Revenues, Net
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 400
Depreciation, Accretion and Amortization
Finite-Lived Intangible Assets [Line Items]
Amortization expense	$ 800

Variable Interest Entities - Ca

Variable Interest Entities - Carry Amounts and Classification of Assets and Liabilities (Details) $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)entity	Jan. 31, 2017	Dec. 31, 2016USD ($)
Variable interest entities
Variable Interest Entity [Line Items]
Number of variable interest entities, primary beneficiary | entity	8
VIE, primary beneficiary
Variable Interest Entity [Line Items]
Total assets	$ 557,260		$ 610,054
Total liabilities	504,357		549,090
VIE, primary beneficiary | Current assets
Variable Interest Entity [Line Items]
Total assets	175,695		186,739
VIE, primary beneficiary | Non-current assets
Variable Interest Entity [Line Items]
Total assets	381,565		423,315
VIE, primary beneficiary | Current liabilities
Variable Interest Entity [Line Items]
Total liabilities	392,732		386,297
VIE, primary beneficiary | Non-current liabilities
Variable Interest Entity [Line Items]
Total liabilities	$ 111,625		$ 162,793
SE 25
Variable Interest Entity [Line Items]
Percentage of voting interests acquired	100.00%
Millenium Solar Power
Variable Interest Entity [Line Items]
Additional ownership interest acquired		26.00%

Long-Term Debt - Schedule of Lo

Long-Term Debt - Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Long-term debt	$ 1,109,840	$ 1,104,420
Less: deferred financing costs, net	17,871	18,352
Less current portion of long-term debt	331,467	327,459
Long-term debt, less current portion	760,502	758,609
Debt default amount	328,000	323,300
Permanent financing
Debt Instrument [Line Items]
Long-term debt	356,688
Senior notes | 9.75% Senior Notes Due 2022
Debt Instrument [Line Items]
Long-term debt	$ 753,152	752,813
Stated interest rate	9.80%
Term debt | Permanent financing
Debt Instrument [Line Items]
Long-term debt	$ 356,688	$ 351,607
Variable and blended interest rate	11.90%
Long-term debt, percentage bearing fixed interest	8.80%
Long-term debt, percentage bearing variable interest	91.20%

Long-Term Debt - Corporate Leve

Long-Term Debt - Corporate Level Long-Term Debt Narrative (Details) - Revolving credit facility - Global Operating LLC Revolver - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016	Aug. 31, 2016
Debt Instrument [Line Items]
Line of credit outstanding	$ 0	$ 0
Alto Cielo | Letter of Credit
Debt Instrument [Line Items]
Amount of letters of credit outstanding			$ 0.4
Global Operating LLC
Debt Instrument [Line Items]
Line of credit outstanding	$ 0
Collateral verification period	90 days

Long-Term Debt - Senior Notes N

Long-Term Debt - Senior Notes Narrative (Details) - Senior notes - 9.75% Senior Notes Due 2022 - USD ($)	3 Months Ended
	Mar. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Amount of long term debt outstanding	$ 753,200,000	$ 752,800,000
Notional amount of senior debt	$ 760,372,000	$ 760,400,000
Global Operating LLC
Debt Instrument [Line Items]
Debt covenant, minimum threshold percentage of ownership for acceleration	25.00%

Long-Term Debt - Project-level

Long-Term Debt - Project-level Debt Narrative (Details) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Term debt | Project level debt
Debt Instrument [Line Items]
Amount of long term debt outstanding	$ 356.7	$ 351.6
Term debt | Project Level | South Africa
Debt Instrument [Line Items]
Long-term debt, amount bearing fixed interest	$ 13.4	$ 12.6
Term debt | Project Level | South Africa | Minimum
Debt Instrument [Line Items]
Stated interest rate	11.40%	11.40%
Term debt | Project Level | South Africa | Maximum
Debt Instrument [Line Items]
Stated interest rate	13.00%	13.00%
Term debt | Project Level | India
Debt Instrument [Line Items]
Long-term debt, amount bearing fixed interest	$ 16.9	$ 17.3
Term debt | Project Level | India | Minimum
Debt Instrument [Line Items]
Stated interest rate	0.00%	0.00%
Term debt | Project Level | India | Maximum
Debt Instrument [Line Items]
Stated interest rate	4.80%
Term debt | Project Level | India | Matures in December 2026 | Maximum
Debt Instrument [Line Items]
Stated interest rate		4.80%
Term debt | Project Level | Witkop and Soutpan
Debt Instrument [Line Items]
Amount of long term debt outstanding	$ 144.8	$ 136.6
Term debt | Project Level | Boshof
Debt Instrument [Line Items]
Amount of long term debt outstanding	175.4	178.5
Term debt | Project Level | ESP Urja and Azure
Debt Instrument [Line Items]
Long-term debt, amount bearing fixed interest	$ 16.8	17.3
Term debt | Project Level | ESP Urja and Azure | Matures in September 2026
Debt Instrument [Line Items]
Stated interest rate	4.50%
Term debt | Project Level | ESP Urja and Azure | Matures in December 2026
Debt Instrument [Line Items]
Stated interest rate	4.80%
Term debt | Project Level | Silver Star Pavilion and Fortune 11
Debt Instrument [Line Items]
Amount of long term debt outstanding	$ 0.8	$ 0.8
Stated interest rate	4.00%	4.00%
Term debt | Project Level | Alto Cielo
Debt Instrument [Line Items]
Long-term debt, amount bearing variable interest	$ 0.4
Term debt | Project Level | Three-Month LIBOR And Three-Month Johannesburg Interbank Agreed Rate | South Africa
Debt Instrument [Line Items]
Long-term debt, amount bearing variable interest	320.2	$ 315.2
Term debt | Project Level | Kuala Lumpur Interbank Offered Rate | Corporate Season power plant
Debt Instrument [Line Items]
Amount of long term debt outstanding	$ 5	$ 5.1
Stated interest rate	6.10%	6.10%
Senior notes | 9.75% Senior Notes Due 2022
Debt Instrument [Line Items]
Amount of long term debt outstanding	$ 753.2	$ 752.8
Stated interest rate	9.80%
Global Operating LLC | Senior notes | 9.75% Senior Notes Due 2022
Debt Instrument [Line Items]
Stated interest rate	9.75%

Long-Term Debt - Debt Extinguis

Long-Term Debt - Debt Extinguishment (Details) - USD ($) $ in Thousands	1 Months Ended	2 Months Ended	3 Months Ended
	Jan. 31, 2016	Jan. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Debt Instrument [Line Items]
Gain on extinguishment of debt			$ (6,767)	$ 6,261
Repayments of senior debt			0	35,441
Interest income			1,100	2,200
Project level debt
Debt Instrument [Line Items]
Extinguishment of debt, amount			0	0
Revolving credit facility | Global Operating LLC Revolver
Debt Instrument [Line Items]
Line of credit outstanding			0		$ 0
Senior notes
Debt Instrument [Line Items]
Extinguishment of debt, amount		$ 49,600
Senior notes | 9.75% Senior Notes Due 2022
Debt Instrument [Line Items]
Gain on extinguishment of debt				$ 6,300
Extinguishment of debt, amount	$ 41,000
Repayments of senior debt	33,200	40,000
Payments of debt extinguishment costs	$ 1,900	$ 2,300
Global Operating LLC | Revolving credit facility | Global Operating LLC Revolver
Debt Instrument [Line Items]
Line of credit outstanding			$ 0

Long-Term Debt - Debt Maturitie

Long-Term Debt - Debt Maturities Table (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Remained of 2017	$ 9,360
2,018	9,798
2,019	14,829
2,020	17,889
2,021	21,401
Debt maturities, thereafter	1,036,563
Total long-term debt	1,109,840	$ 1,104,420
Debt default amount	328,000	$ 323,300
Project Level
Debt Instrument [Line Items]
Remained of 2017	9,360
2,018	9,798
2,019	14,829
2,020	17,889
2,021	21,401
Debt maturities, thereafter	283,411
Total long-term debt	356,688
Corporate
Debt Instrument [Line Items]
Remained of 2017	0
2,018	0
2,019	0
2,020	0
2,021	0
Debt maturities, thereafter	753,152
Total long-term debt	$ 753,152

Income Taxes - Schedule of Tax

Income Taxes - Schedule of Tax Provision (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Income Tax Disclosure [Abstract]
Income (loss) before income tax expense	$ 512	$ (5,390)
Income tax expense	$ 2,465	$ 858
Effective tax rate	481.40%	(15.90%)

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details)	3 Months Ended
	Mar. 31, 2017
Income Taxes [Line Items]
Income tax benefit at U.S. federal statutory rate	35.00%
SunEdison
Income Taxes [Line Items]
Total non-controlling interests	35.20%

Derivatives - Summary of Activi

Derivatives - Summary of Activities Related to Derivative Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Designated as Hedging Instrument | Interest rate swaps
Derivatives, Fair Value [Line Items]
Accumulated other comprehensive loss	$ 3,572	$ 2,237
Designated as Hedging Instrument | Cross currency swaps
Derivatives, Fair Value [Line Items]
Accumulated other comprehensive loss	7,820	6,688
Other liabilities, net | Designated as Hedging Instrument | Interest rate swaps
Derivatives, Fair Value [Line Items]
Derivative assets (liabilities) at fair value	(3,572)	(2,237)
Other assets, net | Designated as Hedging Instrument | Cross currency swaps
Derivatives, Fair Value [Line Items]
Derivative assets (liabilities) at fair value	31,341	41,752
Other liabilities | Derivatives Not Designated as Hedging | Interest rate swaps
Derivatives, Fair Value [Line Items]
Derivative assets (liabilities) at fair value	(858)	(68)
Other liabilities | Derivatives Not Designated as Hedging | Foreign currency forward contracts
Derivatives, Fair Value [Line Items]
Derivative assets (liabilities) at fair value	$ (22,111)	$ (13,299)

Derivatives - Schedule of Loss

Derivatives - Schedule of Loss (Gain) Derivatives Not Designated as Hedging (Details) - Derivatives Not Designated as Hedging - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest (income) expense | Interest rate swaps
Derivatives [Line Items]
Loss (gain) on derivatives	$ 763	$ 2,969
Loss on foreign currency exchange | Foreign currency forward contracts
Derivatives [Line Items]
Loss (gain) on derivatives	$ 4,446	$ 18,163

Derivatives - Narrative (Detail

Derivatives - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Derivative Instruments, Gain (Loss) [Line Items]
Derivative collateral received or pledged	$ 0		$ 0
Foreign currency forwards | Derivatives Not Designated as Hedging | Other long-term liabilities
Derivative Instruments, Gain (Loss) [Line Items]
Combined notional value	160,000,000
Foreign currency forward contracts | Derivatives Not Designated as Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Fair value of outstanding contracts, net gain (loss)	22,100,000
Loss on foreign currency exchange | Foreign currency forward contracts | Derivatives Not Designated as Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Loss (gain) on derivatives	4,446,000	$ 18,163,000
Hedging Activities, including non-controlling interest | Cross currency swaps
Derivative Instruments, Gain (Loss) [Line Items]
Amounts reclassified into earnings from Accumulated Other Comprehensive Income	$ 4,400,000	$ 18,200,000

Derivatives - Summary of Notion

Derivatives - Summary of Notional Amounts (Details) $ in Thousands	Mar. 31, 2017USD ($)
Designated as Hedging Instrument | Interest rate swaps
Derivatives [Line Items]
Notional amount	$ 130,740
Designated as Hedging Instrument | Cross currency swaps
Derivatives [Line Items]
Notional amount	175,377
Derivatives Not Designated as Hedging | Interest rate swaps
Derivatives [Line Items]
Notional amount	136,151
Derivatives Not Designated as Hedging | Other long-term liabilities | Foreign currency forwards
Derivatives [Line Items]
Notional amount	160,000
BRL | Derivatives Not Designated as Hedging | Foreign currency forwards
Derivatives [Line Items]
Notional amount	51,858
CNY | Derivatives Not Designated as Hedging | Foreign currency forwards
Derivatives [Line Items]
Notional amount	20,903
INR | Derivatives Not Designated as Hedging | Foreign currency forwards
Derivatives [Line Items]
Notional amount	52,887
MYR | Derivatives Not Designated as Hedging | Foreign currency forwards
Derivatives [Line Items]
Notional amount	4,905
THB | Derivatives Not Designated as Hedging | Foreign currency forwards
Derivatives [Line Items]
Notional amount	7,148
ZAR | Derivatives Not Designated as Hedging | Foreign currency forwards
Derivatives [Line Items]
Notional amount	$ 22,253

Fair Value of Financial Instr64

Fair Value of Financial Instruments - Recurring Fair Value Measurements and Fair Value of Long-Term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	$ 4,800	$ 26,148
Carrying Amount
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, including current portion	1,109,840	1,104,420
Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-term debt, including current portion	1,253,771	1,209,863
Interest rate swaps | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	(4,430)	(2,305)
Foreign currency forward contracts | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	(22,111)	(13,299)
Cross currency swaps | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	31,341	41,752
Level 1 | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	(22,111)	(13,299)
Level 1 | Interest rate swaps | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	0	0
Level 1 | Foreign currency forward contracts | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	(22,111)	(13,299)
Level 1 | Cross currency swaps | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	0	0
Level 2 | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	26,911	39,447
Level 2 | Interest rate swaps | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	(4,430)	(2,305)
Level 2 | Foreign currency forward contracts | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	0	0
Level 2 | Cross currency swaps | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	31,341	41,752
Level 3 | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	0	0
Level 3 | Interest rate swaps | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	0	0
Level 3 | Foreign currency forward contracts | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	0	0
Level 3 | Cross currency swaps | Fair value, measurements, recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets (liabilities) at fair value	$ 0	$ 0

Stockholders' Equity - Narrativ

Stockholders' Equity - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	Feb. 29, 2016	Mar. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Class of Stock [Line Items]
Equity reallocation		$ 0	$ 0
Common Class A
Class of Stock [Line Items]
Common stock, shares outstanding		112,848,950	113,253,681
Common stock dividends declared (in dollars per share)	$ 0.275
Treasury Stock
Class of Stock [Line Items]
Common stock, shares outstanding		264,621	258,848	5,244
Non-controlling Interest
Class of Stock [Line Items]
Equity reallocation		$ 1,534	$ (28,898)

Stockholders' Equity - Schedule

Stockholders' Equity - Schedule of Outstanding Equity Securities (Details) - shares	Mar. 31, 2017	Dec. 31, 2016
Class of Stock [Line Items]
Preferred stock outstanding (in shares)	0	0
Total shares outstanding (in shares)	174,192,004
Common Class A
Class of Stock [Line Items]
Common stock outstanding (in shares)	112,848,950	113,253,681
Common Class A | Multiple shareholders
Class of Stock [Line Items]
Common stock outstanding (in shares)	112,848,950
Common Class B
Class of Stock [Line Items]
Common stock outstanding (in shares)	61,343,054	61,343,054
Common Class B | SunEdison stock transaction
Class of Stock [Line Items]
Common stock outstanding (in shares)	61,343,054
Common Class B1
Class of Stock [Line Items]
Common stock outstanding (in shares)	0	0

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum share-based compensation contractual term	10 years
Number of shares authorized under the incentive plan (in shares)	17,884,910
Number of shares available for future grant (in shares)	9,594,658
Stock-based compensation expense	$ 1	$ 1.1
Restricted stock award (RSA)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 0.5
Period for unrecognized compensation cost recognition	2 years 5 months
Weighted average grant date fair value (in dollars per share)	$ 0.18		$ 0.18
Restricted stock units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 5.7
Period for unrecognized compensation cost recognition	2 years
Stock-based compensation | SunEdison
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated stock-based compensation	$ 0.6
General and Administrative Expense - Affiliate | SunEdison | Stock-based compensation | SunEdison
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated stock-based compensation	$ 0.3

Stock-Based Compensation - Sche

Stock-Based Compensation - Schedule of Restricted Stock (Details) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2017USD ($)$ / sharesshares
Restricted stock award (RSA)
Number of Shares Outstanding [Roll Forward]
Beginning balance (in shares)	4,688,975
Converted (in shares)	(20,121)
Forfeited (in shares)	(422,531)
Ending balance (in shares)	4,246,323
Weighted Average Grant Date Fair Value Per Share
Weighted average grant date fair value (in dollars per share) | $ / shares	$ 0.18
Forfeited (in dollars per share) | $ / shares	0.21
Weighted average grant date fair value (in dollars per share) | $ / shares	$ 0.18
Outstanding, aggregate intrinsic value | $	$ 20.4
Restricted stock units (RSUs)
Number of Shares Outstanding [Roll Forward]
Beginning balance (in shares)	2,311,687
Granted (in shares)	317,276
Converted (in shares)	(17,800)
Forfeited (in shares)	(314,097)
Ending balance (in shares)	2,297,066
Weighted Average Grant Date Fair Value Per Share
Outstanding, aggregate intrinsic value | $	$ 11
Outstanding, weighted average remaining contractual life	1 year 4 months

Loss Per Share - Schedule of Ba

Loss Per Share - Schedule of Basic and Diluted Loss Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Earnings Per Share [Abstract]
Net loss attributable to Class A common stockholders	$ (1,713)	$ (4,632)
Less: dividends paid on Class A common stock and participating RSAs	0	30,674
Undistributed loss attributable to Class A stockholders	$ (1,713)	$ (35,306)
Class A common stock - Basic and Diluted (in shares)	113,255,983	106,855,764
Distributed earnings per share, basic (in dollar per share)	$ 0	$ 0.28
Undistributed earnings per share, basic (in dollar per share)	(0.02)	(0.32)
Distributed earnings per share, diluted (in dollar per share)		0.27
Undistributed earnings per share, diluted (in dollar per share)		(0.29)
Class A common stock - Basic and Diluted (in dollars per share)	$ (0.02)	$ (0.04)
Common Class B
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of EPS (in shares)	61,343,054	61,343,054
Restricted stock award (RSA)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of EPS (in shares)	4,264,323	6,272,225
Restricted stock units (RSUs)
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of EPS (in shares)	2,297,066	2,773,447

Non-Controlling Interests - Sch

Non-Controlling Interests - Schedule of Non-controlling Interests by Entity in Stockholders' Equity (Details) - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Non-controlling interests percentage	$ 459,240	$ 462,425
SunEdison
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Total non-controlling interests	35.20%
Investor | Non-controlling interests in power plants
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Non-controlling interests percentage	$ 76,348	92,308
Investor | SunEdison | Global LLC
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Non-controlling interests percentage	$ 382,892	$ 370,117
Global LLC
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Ownership percentage by parent	64.80%

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) $ / shares in Units, ¥ in Millions

Jul. 31, 2018CNY (¥)

May 26, 2017USD ($)$ / sharesshares

Mar. 27, 2017USD ($)

Jul. 14, 2016USD ($)$ / sharesshares

Jun. 03, 2016USD ($)

Jun. 03, 2016CNY (¥)

Apr. 12, 2016director

Apr. 03, 2016USD ($)

Nov. 05, 2015claim

Jan. 31, 2016USD ($)

Jan. 04, 2016claim

Mar. 31, 2017USD ($)

Jun. 30, 2016CNY (¥)

Mar. 31, 2016USD ($)

Dec. 31, 2016USD ($)

Jul. 14, 2016USD ($)$ / shares

Dec. 31, 2017USD ($)

Mar. 31, 2017CNY (¥)

Oct. 07, 2016USD ($)

Oct. 05, 2016claim

Dec. 31, 2015USD ($)

Nov. 20, 2015power_plant

Aug. 31, 2015power_plant

Aug. 05, 2015$ / shares

Apr. 30, 2015power_plantMW

Other Commitments [Line Items]

Deposits for acquisitions

$ 282,101,000

$ 282,101,000

General and administrative

18,969,000

$ 10,184,000

India PSA

Other Commitments [Line Items]

Deposits for acquisitions

231,000,000

$ 231,000,000

BioTherm

Other Commitments [Line Items]

Deposits for acquisitions

51,101,000

51,101,000

Number of projects acquired | power_plant

3

3

Payments to acquire businesses

9,800,000

South Africa | BioTherm

Other Commitments [Line Items]

Number of projects acquired | power_plant

3

3

Capacity of acquired power plants | MW

32.6

India | India PSA | SunEdison

Other Commitments [Line Items]

Deposits for acquisitions

231,000,000

231,000,000

$ 231,000,000

Number of projects acquired | power_plant

17

Suzlon Energy (Tianjin) Limited (SETL)

Other Commitments [Line Items]

Payments for settlements award

$ 500,000

Suzlon Energy (Tianjin) Limited (SETL) | Beijing Aliyun Investment Consulting Co. Ltd (Aliyun)

Other Commitments [Line Items]

Payments for settlements award | ¥

¥ 45

Amount awarded to other party

$ 7,100,000

¥ 47

Settlement liability

$ 300,000

¥ 2

Renova arbitration

Other Commitments [Line Items]

Share price (in dollars per share) | $ / shares

$ 3.38

$ 3.38

$ 15

Fraser v. Wuebbels, Iron Workers Mid-South Pension Fund, et al., Badri, and Patel v. TerraForm Global, Inc. et al

Other Commitments [Line Items]

Number of claims filed | claim

4

Beltran and Pyramid Holdings v. TerraForm Global, Inc. et al.

Other Commitments [Line Items]

Number of claims filed | claim

2

Kingdom Associates, VMT II LLC, and Canyon Capital Advisors LLC v. TerraForm Global, Inc.

Other Commitments [Line Items]

Number of claims pending | claim

3

Aldridge v. Blackmore

Other Commitments [Line Items]

Number of directors named in litigation | director

4

Scenario, forecast | BioTherm

Other Commitments [Line Items]

Payments to acquire businesses

$ 75,400,000

Scenario, forecast | Suzlon Energy (Tianjin) Limited (SETL) | Beijing Aliyun Investment Consulting Co. Ltd (Aliyun)

Other Commitments [Line Items]

Payments for settlements award | ¥

¥ 2

Positive outcome of litigation | SunEdison Bankruptcy Case

Other Commitments [Line Items]

Amount of damages sought

$ 2,000,000,000

Pending litigation | Renova arbitration

Other Commitments [Line Items]

Loss contingency, number of shares in warranty agreement (in shares) | shares

7,000,000

Loss contingency, damages sought, value

$ 250,000,000

Loss contingency, damages sought, value based on number of shares (in shares) | shares

20,327,499

General and administrative

$ 3,800,000

Pending litigation | TerraForm Global, Inc. v. SunEdison, Inc, et al.

Other Commitments [Line Items]

Loss contingency, damages sought, value

$ 231,000,000

Directors and officers liability insurance

Other Commitments [Line Items]

Multi-employer insurance policy amount

$ 150,000,000

Directors and officers liability insurance | Liability insurance policy payment

Other Commitments [Line Items]

Amount of insurance policy payment

$ 32,000,000

Subsequent event | Positive outcome of litigation | Renova arbitration

Other Commitments [Line Items]

Litigation settlement, number of shares returned from escrow (in shares) | shares

792,495

Subsequent event | Pending litigation | Renova arbitration

Other Commitments [Line Items]

Amount awarded to other party

$ 15,000,000

Renova | Subsequent event | Brookfield affiliate

Other Commitments [Line Items]

Number of company shares sold in settlement agreement (in shares) | shares

19,535,004

Shares purchase price (in dollars per share) | $ / shares

$ 4.75

Consideration received for shares sold

$ 92,791,269

Related Parties - Agreements Na

Related Parties - Agreements Narrative (Details)	2 Months Ended	3 Months Ended
	Jan. 31, 2016USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)	Mar. 06, 2017	Dec. 31, 2016USD ($)	Feb. 24, 2016MW	Aug. 05, 2015USD ($)	Aug. 04, 2015USD ($)MW
Related Party Transaction [Line Items]
Cost of operations - affiliate		$ 3,800,000	$ 5,000,000
Due to affiliates, net		9,835,000			$ 16,084,000
Contributions of additional paid in capital		0	45,991,000
Senior notes
Related Party Transaction [Line Items]
Extinguishment of debt, amount	$ 49,600,000
Additional Paid-in Capital | SunEdison
Related Party Transaction [Line Items]
Contributions of additional paid in capital		7,800,000	25,600,000
Del Litoral | SunEdison
Related Party Transaction [Line Items]
Capacity of acquired power plants | MW								17.4
El Naranjal | SunEdison
Related Party Transaction [Line Items]
Capacity of acquired power plants | MW								57.4
Bora Bora | SunEdison
Related Party Transaction [Line Items]
Capacity of acquired power plants | MW								24.1
NPS Star
Related Party Transaction [Line Items]
Capacity of acquired power plants | MW						17.8
WXA
Related Party Transaction [Line Items]
Capacity of acquired power plants | MW						17.8
Management services agreement | Maximum | SunEdison
Related Party Transaction [Line Items]
Management fee due to parent in 2015							$ 0
Management fee due to parent in 2016-2018 (in percent of Terra LLC's cash available for distribution)							2.50%
Corporate overhead allocation | SunEdison
Related Party Transaction [Line Items]
General and administrative - affiliate		0	7,200,000
Interest payment agreement | SunEdison
Related Party Transaction [Line Items]
IPO terms, expected aggregate interest expense deduction due to debt extinguishment	$ 2,900,000
Interest payment agreement | Senior notes | Maximum | Global Operating LLC | SunEdison
Related Party Transaction [Line Items]
IPO terms, expected aggregate interest expense year one								$ 81,200,000
IPO terms, expected aggregate interest expense year two								40,000,000
IPO terms, expected aggregate interest expense year three								30,000,000
IPO terms, expected aggregate interest expense year four								20,000,000
IPO terms, expected aggregate interest expense year five								$ 10,000,000
Interest payments on senior notes		$ 0	$ 41,200,000
Common Class B | SunEdison | SunEdison
Related Party Transaction [Line Items]
Memorandum of Understanding percentage of consideration to be transferred				25.00%
Common Class A | SunEdison | Investor
Related Party Transaction [Line Items]
Memorandum of Understanding percentage of consideration to be transferred				75.00%

Related Parties - Incentive Dis

Related Parties - Incentive Distribution Rights (Details)	Aug. 05, 2015USD ($)quarterperiod$ / shares	Mar. 31, 2017USD ($)shares	Dec. 31, 2016
Related Party Transaction [Line Items]
Forbearance threshold | $	$ 72,100,000
Incentive Distribution Rights | SunEdison
Related Party Transaction [Line Items]
Incentive right distribution, period to exercise first right of refusal	30 days
Global LLC
Related Party Transaction [Line Items]
IPO, subordination period, minimum	3 years
Global LLC | SunEdison
Related Party Transaction [Line Items]
Incentive distribution rights, percent	100.00%	100.00%	100.00%
Global LLC | IDR Milestone 2
Related Party Transaction [Line Items]
Incentive distribution rights, target as percent of minimum quarterly distribution	125.00%
Global LLC | IDR Milestone 2 | SunEdison
Related Party Transaction [Line Items]
Incentive distribution rights, percent	15.00%
Global LLC | IDR Milestone 3
Related Party Transaction [Line Items]
Incentive distribution rights, target as percent of minimum quarterly distribution	150.00%
Global LLC | IDR Milestone 3 | SunEdison
Related Party Transaction [Line Items]
Incentive distribution rights, percent	25.00%
Global LLC | IDR Milestone 4 | SunEdison
Related Party Transaction [Line Items]
Incentive distribution rights, percent	50.00%
Global LLC | IRD Milestone 1
Related Party Transaction [Line Items]
Incentive distribution rights, target as percent of minimum quarterly distribution	115.00%
Class A Units, Class B Units, Class B1 Units | Global LLC
Related Party Transaction [Line Items]
IPO, subordination period termination, dsitribution of cash available for distribution, minimum (in dollars per share)	$ 1.1000
IPO, subordination period termination, number of consecutive periods of meeting or exceeding minimum distributions | period	3
IPO, subordination period termination, number of quarters in consecutive periods | quarter	4
IPO, subordination period, early termination, distribution of cash available for distribution, minimum (in dollars per share)	$ 1.65
IPO, subordination period, early termination, distribution of cash available for distribution as percent of minimum quarterly distribution	150.00%
Class A Units, Class B Units, Class B1 Units | Global LLC | IDR Milestone 2
Related Party Transaction [Line Items]
Minimum quarterly distribution (in dollars per share)	$ 0.3438
Quarterly distribution percent	85.00%
Class A Units, Class B Units, Class B1 Units | Global LLC | IDR Milestone 3
Related Party Transaction [Line Items]
Minimum quarterly distribution (in dollars per share)	$ 0.4125
Quarterly distribution percent	75.00%
Class A Units, Class B Units, Class B1 Units | Global LLC | IDR Milestone 4
Related Party Transaction [Line Items]
Quarterly distribution percent	50.00%
Class A Units, Class B Units, Class B1 Units | Global LLC | IRD Milestone 1
Related Party Transaction [Line Items]
Minimum quarterly distribution (in dollars per share)	$ 0.3163
Capital Unit, Class B1 | Global LLC | SunEdison
Related Party Transaction [Line Items]
Common Class B1 units outstanding (in shares) | shares		0
Class A Units and Class B1 Units | Global LLC
Related Party Transaction [Line Items]
IPO, subordination period, quarterly distributions (in dollars per share)	0.275
Cash distribution | Incentive Distribution Rights | SunEdison
Related Party Transaction [Line Items]
Capital account, distribution amount for IDR | $		$ 0
Cash distribution | Class A Units, Class B Units, Class B1 Units | Global LLC | SunEdison
Related Party Transaction [Line Items]
Minimum quarterly distribution (in dollars per share)	$ 0.275

Related Parties - Support Agree

Related Parties - Support Agreement (Details)	Jun. 07, 2017USD ($)	Aug. 05, 2015USD ($)MW	Jul. 14, 2016USD ($)	Oct. 07, 2016USD ($)
SunEdison | Call rights projects
Related Party Transaction [Line Items]
Capacity of acquired power plants | MW		1,600
Support agreement, additional power plant capacity | MW		4,200
Support agreement, right of first offer, contract time period		6 years
Global LLC | SunEdison | Call rights projects
Related Party Transaction [Line Items]
Support agreement, projected cash available for distributions, minimum		$ 1,400,000,000
Support agreement, projected cash available for distributions, minimum, term of commercial operation		12 months
Positive outcome of litigation | SunEdison Bankruptcy Case
Related Party Transaction [Line Items]
Amount of damages sought				$ 2,000,000,000
Directors and officers liability insurance
Related Party Transaction [Line Items]
Multi-employer insurance policy amount			$ 150,000,000
Subsequent event | Directors and officers liability insurance | Liability insurance policy payment
Related Party Transaction [Line Items]
Liability insurance, conditional settlement payment, amount	$ 32,000,000

Related Parties - Agreements wi

Related Parties - Agreements with Renova and TerraForm Power (Details) - USD ($)	May 26, 2017	Dec. 31, 2016	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016
Related Party Transaction [Line Items]
General and administrative			$ 18,969,000	$ 10,184,000
Immediate family member of management | Retention payment
Related Party Transaction [Line Items]
Grant date fair value of shares issued						$ 63,400
Immediate family member of management | Base salary
Related Party Transaction [Line Items]
Base salary		$ 260,000
TerraForm Power | Use and occupancy agreement
Related Party Transaction [Line Items]
Expenses from transactions with related parties			300,000
TerraForm Power | Service contracts For ERP and IT Systems
Related Party Transaction [Line Items]
Expenses from transactions with related parties			0
Capitalized computer software		$ 400,000	300,000			400,000
General and administrative - affiliate			$ 100,000			100,000
TerraForm Power | Scenario, forecast | Use and occupancy agreement
Related Party Transaction [Line Items]
Expenses from transactions with related parties					$ 700,000
TerraForm Power | Scenario, forecast | Management services agreement
Related Party Transaction [Line Items]
Expenses from transactions with related parties					$ 100,000
Pending litigation | Renova arbitration
Related Party Transaction [Line Items]
General and administrative						$ 3,800,000
Subsequent event | Pending litigation | Renova arbitration
Related Party Transaction [Line Items]
Amount awarded to other party	$ 15,000,000
Subsequent event | Positive outcome of litigation | Renova arbitration
Related Party Transaction [Line Items]
Litigation settlement, number of shares returned from escrow (in shares)	792,495
Subsequent event | Renova | Brookfield affiliate
Related Party Transaction [Line Items]
Settlement aggregate payment amount	$ 0
Number of company shares sold in settlement agreement (in shares)	19,535,004
Shares purchase price (in dollars per share)	$ 4.75
Consideration received for shares sold	$ 92,791,269

Segment Reporting - Summary of

Segment Reporting - Summary of Financial Information for Reportable Segments (Details) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017USD ($)reportable_segment	Mar. 31, 2016USD ($)	Dec. 31, 2016USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments | reportable_segment	2
Operating revenues, net	$ 56,484	$ 47,686
Depreciation, accretion and amortization	15,101	14,572
Other operating costs and expenses	30,308	30,421
Interest expense (income), net	30,489	33,663
Other non-operating (income) expenses	(19,926)	(25,580)
Income tax expense	2,465	858
Net loss	(1,953)	(6,248)	$ (78,498)
Total assets	2,454,400		2,448,279
Operating segments | Solar
Segment Reporting Information [Line Items]
Operating revenues, net	32,943	28,739
Depreciation, accretion and amortization	7,142	5,872
Other operating costs and expenses	5,133	6,443
Interest expense (income), net	9,942	12,260
Other non-operating (income) expenses	4,129	4,246
Income tax expense	0	0
Net loss	6,597	(82)
Total assets	573,894		556,452
Operating segments | Wind
Segment Reporting Information [Line Items]
Operating revenues, net	23,541	18,947
Depreciation, accretion and amortization	7,959	8,700
Other operating costs and expenses	7,794	7,429
Interest expense (income), net	(117)	(1,767)
Other non-operating (income) expenses	(191)	1,988
Income tax expense	0	0
Net loss	8,096	2,597
Total assets	359,777		448,621
Corporate
Segment Reporting Information [Line Items]
Operating revenues, net	0	0
Depreciation, accretion and amortization	0	0
Other operating costs and expenses	17,381	16,549
Interest expense (income), net	20,664	23,170
Other non-operating (income) expenses	(23,864)	(31,814)
Income tax expense	2,465	858
Net loss	(16,646)	$ (8,763)
Total assets	$ 1,520,729		$ 1,443,206

Other Comprehensive Income (L77

Other Comprehensive Income (Loss) - Schedule of Changes in Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2016
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Less: Other comprehensive income attributable to non-controlling interests, net of tax	$ 10,805	$ (9,903)	$ 34,678
Other comprehensive income attributable to Class A stockholders	6,046	(2,056)
Foreign Currency Translation Adjustments, attributable to Parent
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance as of December 31, 2016	13,801
Balance as of March 31, 2017	20,434		13,801
Hedging Activities, attributable to Parent
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance as of December 31, 2016	(2,972)
Balance as of March 31, 2017	(3,787)		(2,972)
Accumulated Other Comprehensive Loss, attributable to Parent
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Balance as of December 31, 2016	10,829
Balance as of March 31, 2017	16,647		10,829
Less: Other comprehensive income attributable to non-controlling interests, net of tax	6,046		23,300
Accumulated Foreign Currency Adjustments, including non-controlling interest
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other comprehensive loss, before tax	12,581	4,560
Other comprehensive loss, tax	0	0
Less: Other comprehensive income attributable to non-controlling interests, net of tax	12,581	4,560
Hedging Activities, including non-controlling interest
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other comprehensive loss, before tax	(2,468)	(14,463)
Other comprehensive loss, tax	692	0
Less: Other comprehensive income attributable to non-controlling interests, net of tax	(1,776)	(14,463)
Accumulated Other Comprehensive Loss, including non-controlling interest
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other comprehensive loss, before tax	10,113	(9,903)
Other comprehensive loss, tax	692	0
Less: Other comprehensive income attributable to non-controlling interests, net of tax	10,805	(9,903)
Foreign Currency Translation Adjustments, non-controlling interest
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Less: other comprehensive income (loss) attributable to non-controlling interests	5,948
Hedging Activities, non-controlling interest
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Less: other comprehensive income (loss) attributable to non-controlling interests	(1,653)
Accumuated Other Comprehensive Loss, non-controlling interest
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Less: other comprehensive income (loss) attributable to non-controlling interests	4,295
Less: Other comprehensive income attributable to non-controlling interests, net of tax	$ 4,759	$ (7,847)	$ 11,378