secwatch.observer — SEC 8-K summary
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Issuer:     Clearway Energy, Inc. (CWEN)
CIK:        0001567683
Form:       8-K
Filed at:   2026-09-28T21:28:34+00:00
Accession:  0001104659-26-111423
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1567683/000110465926111423/0001104659-26-111423-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1567683/000110465926111423/tm2626209d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-111423

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