other material
confidence high
sentiment neutral
materiality 0.20
Clearway Energy LLC amends exchange agreement: Class B units now exchangeable for Class C common stock
Clearway Energy LLC
- Third Amended Exchange Agreement dated April 1, 2026 among Clearway Energy LLC, Clearway Inc., and CEG.
- Class B unit holders may now exchange units for shares of Class C common stock (previously Class A).
- Class D units continue to be exchangeable for Class C common stock on a one-for-one basis.
- Upon exchange, corresponding shares of Class B or Class D common stock of Clearway Inc. are automatically cancelled.
- Agreement amends and restates the Second Amended Exchange Agreement from October 28, 2024.