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Ex-NRG CEO Says Yieldco Model Isn't Working; Alternative Energy All Over The Place

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NRG Energy, Inc. NYSE:NRG, First Solar, Inc. NASDAQ:FSLR - Ex-NRG CEO Says Yieldco Model Isn't Working; Alternative Energy All Over The Place

While yieldcos have garnered a positive reputation in the past as suitable investment vehicles, particularly for alternative energy, the model is far from perfect.

At least, that may be the case for NRG Energy Inc NRG 2.78%, "ousted" former CEO David Crane shared in a recent Bloomberg article.

The possibly disgruntled former NRG executive was "forced out in December." However, during his tenure, NRG dabbled into the yieldco arena and "formed a yieldco that was structured as a publicly traded unit controlled by the power generation."

Crane commented on the company in a recent Bloomberg interview, saying the proliferation of yiledcos within the...


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