The document outlines the cash dividend policy for Class A common stockholders, detailing the intention to use a portion of the cash available for distribution (CAFD) to pay regular quarterly dividends. The initial quarterly dividend is set at $0.2750 per share, with a target to increase dividends by 20% CAGR over three years. The policy includes a subordination period for Class B units and describes the incentive distribution rights (IDRS) held by the Sponsor. The document also mentions a portfolio of 921.7 MW of projects expected to be acquired in 2015.
documents/vol00010-efta01366442-pdf.pdf
{"title":"Cash Dividend Policy","key_people":["Global LLC Board of Directors"],"document_date":"2015-07-20","document_type":"financial","document_subtype":"Dividend Policy","key_organizations":["Global LLC"],"reference_numbers":["SDNY_GM_00204154","EFTA01366442"]}