Benzinga
Clearway Energy Acquires Capistrano Wind Portfolio With 413 MW Capacity
Clearway Energy Inc (NYSE: CWEN) has agreed to acquire a portfolio of operating wind projects from Capistrano Wind Partners, LLC for $255 million in cash, plus the assumption of ~$160 million of non-recourse debt. The Capistrano Portfolio consists of five utility-scale wind projects representing 413 MW capacity in Texas, Nebraska, and Wyoming. The operations, maintenance, and asset management of these projects have been and will continue to be provided by subsidiaries of the company’s sponsor, C
