M&A
confidence high
sentiment neutral
materiality 0.50
Clearway Energy subsidiary acquires two battery storage projects for ~$93M total
Clearway Energy LLC
- Acquires Spindle Battery (199 MW BESS in CO) and Golden Fields Solar VI (92 MW BESS in CA) for base purchase price of ~$92.9M.
- Transaction with affiliate of Clearway Energy Group LLC; subject to customary closing conditions.
- Closing expected during second half of 2026.
- Projects under development/construction; owned indirectly via RS2-Spindle TargetCo LLC.