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Announced

Clearway Energy to acquire an additional 35% stake in Agua Caliente Solar Project, from NRG Energy for $202m.

Synopsis

Clearway Energy, an energy company, agreed to acquire an additional 35% stake in Agua Caliente Solar Project, a solar power generation facility, from NRG Energy, an energy company, for $202m. "The additional interest in Agua Caliente is a great addition to the Company’s portfolio. With this investment, Clearway adds additional technology and cash flow diversification with an increase in solar ownership, improved portfolio overall weighted average contract duration, and growth at attractive economics," Christopher Sotos, Clearway Energy President and CEO.

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