Escalante Solar I

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

Vivint Smart Home — smart home / energy services platform serving 5+ million customers

Vivint Smart Home shareholders → NRG Energy

$5.2B (incl. debt); $2.8B equity ($12/share)

sPower — largest US independent utility-scale solar IPP (1.3 GW operating + 10 GW pipeline; 75+ utility-scale solar/wind projects in 11 states)

Fir Tree Partners → AES Corporation + Alberta Investment Management Corporation (AIMCo) — 50/50 JV

$1.6B ($853M cash + $724M assumed non-recourse debt)

Cove Mountain Solar — Solar project, UT (West (non-ISO)), 58 MW, COD 2020.

Corporate

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

AltaGas Ltd.

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