Clearway Energy, Inc. Completes Acquisition of Mt. Storm Wind Project
/EIN News/ PRINCETON, N.J., April 26, 2021 (GLOBE NEWSWIRE) Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced it completed the acquisition of Mt. Storm, a 264 MW asset in Grant County, West Virginia, from Castleton Commodities International.
“The closing of the Mt. Storm transaction provides the Company geographic diversification, accretive growth, and leverages Clearway’s existing platform of wind investments in West Virginia to provide for operational efficiencies,” said Christopher Sotos, Clearway Energy, Inc.’s President and Chief Executive Officer. “In partnership with our sponsor, Clearway Group, we look forward to deepening our commitment to support investments in local businesses and the community through Mt. Storm and our other renewable energy projects in West Virginia.”
Clearway Energy, Inc to Report First Quarter 2021 Financial Results on May 6, 2021
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Clearway Energy, Inc to Report First Quarter 2021 Financial Results on May 6, 2021
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PRINCETON, N.J., March 09, 2021 (GLOBE NEWSWIRE) Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), announced the expiration and results of its previously announced cash tender offer (the “Tender Offer”) to purchase any and all of its outstanding 5.750% senior notes due 2025 (the “2025 Notes”).
The Tender Offer expired at 5:00 p.m., New York City time, on March 8, 2021 (the “Expiration Time”). As of the Expiration Time, an aggregate principal amount of $411,334,000, or 68.6%, of the 2025 Notes were validly tendered and not validly withdrawn, which amount excludes $6,925,000 aggregate principal amount of the Notes that remain subject to guaranteed delivery procedures. Clearway Operating has accepted for payment all 2025 Notes validly tendered prior to the Expiration Time pursuant to the Tender Offer and expects to make payment for such 2025 Notes on