secwatch.observer — SEC 8-K summary
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Issuer:     Clearway Energy LLC (—)
CIK:        0001637757
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001104659-24-083960
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearway Energy to acquire solar and battery assets for ~$143M; CEO to depart June 30
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- Purchased Luna Valley Solar (200 MWAC) and Daggett Battery Storage (113 MW) for base prices of $89.7M and $53.2M, respectively.
- Closing expected in H2 2025, subject to customary conditions and third-party actions.
- CEO Christopher S. Sotos to step down effective June 30, 2024, with consulting agreement through August 31, 2024.
- Consulting fee: $33,334 per two-month term, plus $1,500/hour for hours over 20 per period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1637757/000110465924083960/0001104659-24-083960-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1637757/000110465924083960/tm2420475d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-083960

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer