TerraForm Global, Inc. ("TerraForm" or the Company) owns and operates renewable energy power plants.

According to the Complaint, this action stems from a Proposed Transaction announced on March 7, 2017, pursuant to which TerraForm will be acquired by Orion US Holdings 1 L.P. and its wholly owned subsidiary, BRE GLBL Holdings Inc., which were formed by affiliates of Brookfield Asset Management Inc.

On March 6, 2017, TerraForm's Board of Directors caused the Company to enter into an agreement and plan of merger with Orion.

On October 10, 2017, defendants filed a Proxy Statement with the United States Securities and Exchange commission in connection with the Proposed Transaction.

The Complaint alleges that the Proxy Statement omits material information with respect to the Proposed Transaction, which renders the Proxy Statement false and misleading.

This case was voluntarily dismissed on June 25, 2018.