secwatch.observer — SEC 8-K summary
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Issuer:     Clearway Energy, Inc. (CWEN)
CIK:        0001567683
Form:       8-K
Filed at:   2023-05-24T23:59:59+00:00
Accession:  0001104659-23-064128
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearway Energy to acquire 159.8 MW Idaho wind project for ~$107M from affiliate
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- Purchase price ~$107M in cash for 100% of Cedar Creek Holdco, owner of 159.8 MW wind project.
- Seller is Renew Development HoldCo LLC, an affiliate of Clearway Energy Group; related-party transaction.
- Closing expected in first half of 2024, subject to customary conditions and third-party approvals.
- Tax equity investor will invest in TE Holdco at closing, splitting interests into Class A and Class B.
- Full Purchase Agreement filed as Exhibit 10.1 with redactions for competitive reasons.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1567683/000110465923064128/0001104659-23-064128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1567683/000110465923064128/tm2316668d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-064128

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