Agua Caliente Solar Project

NRG Energy renewables platform + NRG Yield Inc. (rebranded Clearway Energy Inc.) — 4.7 GW operating renewables; 45.2% economic interest in CWEN, 55% voting

NRG Energy (renewables platform + NRG Yield majority) → Global Infrastructure Partners (GIP)

$1.348B aggregate consideration

Direct Energy — 3M+ retail customers, 50 states + Canada

NRG Energy

$3.625B all-cash

First Solar utility-scale platform — ~10 GW pipeline; 773 MW construction-ready

First Solar → Leeward Renewable Energy

$261M

Gray Hawk Solar — Solar project, AZ (West (non-ISO)), 46 MW, COD 2018.

Investor-owned Utility

Salome Solar (OE_AZ1, AZ Solar 1) — Solar project, AZ (West (non-ISO)), 32.5 MW, COD 2020.

Public Utilities

WGL Holdings — Washington Gas Light + non-regulated power/marketing/midstream

AltaGas Ltd.

C$8.4B (~$6.4B USD; $88.25/share cash)