---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-130953"
form_type: "8-K"
ticker: "CWEN"
cik: "0001567683"
company_name: "Clearway Energy, Inc."
filed_at: "2022-12-29T23:59:59+00:00"
generated_at: "2026-06-20T21:53:07.989383+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clearway Energy subsidiary to acquire 40% interest in 649 MW CA solar+storage projects for ~$227.8M

## Summary
- Subsidiary entered agreement to buy 40% membership interest in VP-Arica TargetCo for ~$227.75M cash.
- Target owns two solar plus storage projects in California with total capacity of 649 MW.
- Seller is affiliate of Clearway Energy Group (related party); AIP Lorax to buy remaining 60% simultaneously.
- Transaction expected to close in Q4 2023, subject to customary conditions and third-party approvals.

## SEC filing metadata
- accession: 0001104659-22-130953
- form_type: 8-K
- ticker: CWEN
- cik: 0001567683
- company_name: Clearway Energy, Inc.
- filed_at: 2022-12-29T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1567683/000110465922130953/0001104659-22-130953-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1567683/000110465922130953/tm2233662d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-130953
- JSON: https://secwatch.observer/filing/0001104659-22-130953.json
- Plain text: https://secwatch.observer/filing/0001104659-22-130953.txt

## Key facts
- Material Agreements
  Clearway Energy, Inc. entered into Membership Interest Purchase Agreement with VP-Arica CE Seller LLC valued at approximately $227,754,913 million (effective 2022-12-23).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: VP-Arica CE Seller LLC
  - Value: approximately $227,754,913 million
  - Effective: 2022-12-23
  source text: On December 23, 2022, VP-Arica Parent Holdco LLC (the “ Purchaser ”), a subsidiary of Clearway Energy, Inc. (the “ Company ”), entered into a Membership Interest Purchase Agreement (the “ Purchase Agreement ”) with VP-Arica CE Seller LLC (the “ Seller ”), an affiliate of Clearway Energy Group LLC.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1567683/000110465922130953/0001104659-22-130953-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.