Clearway Energy, Inc. Announces Binding Agreements to Acquire and Invest in a Portfolio of Renewable Energy Projects
Clearway Energy, Inc. Class C (CWEN)
Last clearway energy, inc. class c earnings: 11/6 06:32 am
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Source: GlobeNewswire
PRINCETON, N.J., April 20, 2020 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”), today announced that, through indirect subsidiaries of the Company, it has entered into binding agreements related to the previously announced drop-down offer from Clearway Group (“CEG”) to acquire and invest in a portfolio of renewable energy projects. These agreements commit the Company, at closing, to invest an estimated $241 million in corporate capital, subject to closing adjustments1. The transactions are expected to have a five-year average annual asset CAFD of approximately $23 million prior to corporate financing costs. “The investments we are announcing today not only provide Clearway additional CAFD growth but also regional diversification for the Company,” said Christopher Sotos, Clearway Energy, Inc.’s President and Chief Executive Officer. “We look forward to providing additional updates in the future as we continue to work with our Sponsor, Clearway Group, on a
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News
- CWEN or ORA: Which Is the Better Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Why Clearway Energy (CWEN) is a Top Value Stock for the Long-Term [Yahoo! Finance]Yahoo! Finance
- Is Clearway Energy (CWEN) Stock Undervalued Right Now? [Yahoo! Finance]Yahoo! Finance
- Clearway Energy, Inc. (NYSE: CWEN) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Clearway Energy (CWEN) Up 4% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
CWEN
Earnings
- 10/30/24 - Miss
CWEN
Analyst Actions
- 10/22/24 - CIBC
CWEN
Sec Filings
- 1/3/25 - Form 4
- 1/3/25 - Form 4
- 12/16/24 - Form 3
- CWEN's page on the SEC website