BETHESDA, Md., Oct. 16, 2017 (GLOBE NEWSWIRE) — TerraForm Power, Inc. (Nasdaq:TERP) (“TerraForm Power”) today announced the closing of its previously announced merger and sponsorship transaction. Brookfield Asset Management (“Brookfield”) has assumed the role of TerraForm Power’s sponsor and Brookfield, together with its institutional partners, is now TerraForm Power’s controlling shareholder, holding 51% of its outstanding common shares.