---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-111423"
form_type: "8-K"
ticker: "CWEN"
cik: "0001567683"
company_name: "Clearway Energy, Inc."
filed_at: "2026-09-28T21:28:34+00:00"
generated_at: "2026-10-12T13:38:59.165217+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# Clearway Energy unit to buy 650 MW Swan Solar project in Missouri from CEG affiliate for $230M base price

## Summary
- Swan Purchaser LLC, a Clearway Energy subsidiary, will acquire Swan TargetCo interests from Swan CE Seller LLC under a Sept 23, 2026 Membership Interest Purchase Agreement.
- Base purchase price is about $230 million in cash, subject to adjustments under a financial model designed to hit minimum NPV and average 5-year CAFD yield thresholds.
- Swan Solar is developing a 650 MWac solar photovoltaic facility in Bates County, Missouri; EPC contract dated Aug 27, 2026 with Blattner Energy LLC.
- Closing expected in Q3 2028, subject to customary conditions and third-party actions; Purchaser gets 100% of Class A units and CEG's Clearway Renew LLC keeps Class C units.
- Purchase-price increases are capped, excluding gains from capacity sales or project upsizing; the deal also references a BESS project, tax equity agreements and a new Financing Agreement.

## SEC filing metadata
- accession: 0001104659-26-111423
- form_type: 8-K
- ticker: CWEN
- cik: 0001567683
- company_name: Clearway Energy, Inc.
- filed_at: 2026-09-28T21:28:34+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1567683/000110465926111423/0001104659-26-111423-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1567683/000110465926111423/tm2626209d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-111423
- JSON: https://secwatch.observer/filing/0001104659-26-111423.json
- Plain text: https://secwatch.observer/filing/0001104659-26-111423.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.