Announced
Completed
Synopsis
Clearway Energy, a renewable energy owner, completed the acquisition of the remaining 50% stake in the Utah Solar Portfolio from Dominion Energy, a power and energy company, for $335m. "The acquisition of the remaining 50% interest in the Utah Solar Portfolio will continue the Company’s successful track record of executing on third party transactions to meet our long-term growth objectives. With this transaction, Clearway will invest in new growth at attractive economics, increase its long-term contracted cash flow from utility-scale solar, and further diversify its portfolio on a regional basis," Christopher Sotos, Clearway Energy President and Chief Executive Officer.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
By continuing, you agree to our Terms & Conditions and our Data Privacy Policy
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.