Core Viewpoint - Clearway Energy Operating LLC plans to offer $500 million in senior notes due 2034 to finance renewable energy projects and refinance existing debt [1][2] Group 1: Offering Details - The New Notes will be senior unsecured obligations guaranteed by Clearway Energy LLC and its subsidiaries [1] - The offering is targeted at qualified institutional buyers under Rule 144A and Regulation S of the Securities Act [3] Group 2: Use of Proceeds - Net proceeds from the offering will be used to repay borrowings under the revolving credit facility and for general corporate purposes [2] Group 3: Company Overview - Clearway Energy, Inc. is a major owner of clean energy generation assets in the US, with approximately 12.7 GW of gross capacity across 27 states [4] - The portfolio includes 9.9 GW of wind, solar, and energy storage, along with over 2.8 GW of dispatchable power generation [4] - Clearway Energy aims to provide stable and growing dividend income through its diversified clean energy portfolio [4]
Clearway Energy Operating LLC, a Subsidiary of Clearway Energy, Inc., Announces Proposed Offering of $500 Million of Senior Notes