Two years ago, solar and wind developers couldn't get enough of a security that helped finance their clean-energy projects. Now, a growing number are considering cashing out.
The industry created publicly traded securities, known as yieldcos, to raise capital for new construction, which attracted shareholders eager for dividends from the sale of electricity. Fifteen US and European companies raised USD 12 billion in public markets through mid-2015 as renewable energy grabbed an increasing share of the global power market, according to Bloomberg New Energy Finance.
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