---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-034465"
form_type: "8-K"
ticker: null
cik: "0001637757"
company_name: "Clearway Energy LLC"
filed_at: "2023-03-20T23:59:59+00:00"
generated_at: "2026-06-17T22:59:30.264342+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Clearway Energy LLC amends credit facility: revolver increased to $700M, maturity extended to 2028

## Summary
- Replaced LIBOR with SOFR plus 0.10% credit spread adjustment as reference rate.
- Revolving commitments increased to $700 million aggregate principal amount.
- Maturity date extended to March 15, 2028.
- Letter of credit sublimit increased to $594 million.
- Certain covenant baskets and threshold amounts increased.

## SEC filing metadata
- accession: 0001104659-23-034465
- form_type: 8-K
- cik: 0001637757
- company_name: Clearway Energy LLC
- filed_at: 2023-03-20T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1637757/000110465923034465/0001104659-23-034465-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1637757/000110465923034465/tm239757d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-034465
- JSON: https://secwatch.observer/filing/0001104659-23-034465.json
- Plain text: https://secwatch.observer/filing/0001104659-23-034465.txt

## Key facts
- Debt Financings
  Clearway Energy LLC amended revolving credit of $700 million with JPMorgan Chase Bank, N.A. at SOFR plus 0.10% maturing March 15, 2028.
  - Instrument: revolving credit
  - Principal: $700 million
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: SOFR plus 0.10%
  - Maturity: March 15, 2028
  - Event: amendment
  source text: The Eighth Amendment amends the Existing Credit Agreement to, among other things, (i) replace the London Interbank Offered Rate with the Secured Overnight Financing Rate plus a credit spread adjustment of 0.10% for all available interest periods as the applicable reference rate, (ii) increase the revolving commitments thereunder to an aggregate principal amount of $700 million, (iii) extend the maturity date of the facility to March 15, 2028, (iv) increase the letter of credit sublimit thereunder to $594 million, (iv) increase certain covenant baskets and threshold amounts set forth therein and (v) amend certain other provisions of the Existing Credit Agreement as more fully set forth in the Eighth Amendment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637757/000110465923034465/0001104659-23-034465-index.htm
- Material Agreements
  Clearway Energy LLC amended Eighth Amendment with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto valued at $700 million (effective 2023-03-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto
  - Value: $700 million
  - Effective: 2023-03-15
  source text: On March 15, 2023, each of Clearway Energy Operating LLC (“Clearway Operating LLC”), as borrower, and Clearway Energy LLC (“Clearway LLC”), as guarantor, entered into the Eighth Amendment to Amended and Restated Credit Agreement (the “Eighth Amendment”), with certain subsidiaries of Clearway Operating LLC party thereto, as guarantors, JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”), and the lenders party thereto
  evidence_url: https://www.sec.gov/Archives/edgar/data/1637757/000110465923034465/0001104659-23-034465-index.htm

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