M&A
confidence high
sentiment positive
materiality 0.65
Clearway Energy subsidiary to acquire solar and battery projects for ~$142.9M
Clearway Energy, Inc.
- Base purchase price of $89.7M for Luna Valley Solar (200 MW AC solar in Fresno County, CA).
- Base purchase price of $53.2M for Daggett Solar Power (113 MW battery storage in San Bernardino County, CA).
- Transaction expected to close in H2 2024, subject to customary conditions.
- Seller is an affiliate of Clearway Energy Group LLC; buyer is a subsidiary of Clearway Energy, Inc.