Clearway Energy Operating LLC — $600M senior unsecured notes due 2034 (5.750%) to fund renewable energy generation and storage portfolio
Originally priced at $500M, upsized to $600M due to strong demand. Proceeds allocated to refinance revolver and fund renewable energy generation and storage asset acquisitions. Clearway's portfolio spans 11 GW+ of wind, solar, and storage across the US.
$600M
Deal Value
Solar + Storage
Technology
Multi-state
Location
Deal Details
- Deal Type
- Corporate M&A
- Seller / Sponsor
- Clearway Energy
- Deal Value
- $600M
- Stage
- Operating + Development
- ISO/RTO
- Multiple
- Source
- GlobeNewsWire
Capital Structure
$600M
Total transaction value
Tranches
- Senior Unsecured Notes (5.750%, due Jan 2034) · Clearway Energy Operating LLC — 144A/Reg S offering
- $600M
Service Providers
Advisory & Legal
- Sponsor Counsel
- Baker Botts
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Leadership at the Counterparties
Recent executive moves at the firms named in this deal.
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