NYSE:CWEN.ARenewable Energy
Does Clearway Energy’s (CWEN.A) Upsized Green Bond Deal Reveal a New Capital Allocation Playbook?
Clearway Energy Operating LLC, a subsidiary of Clearway Energy, Inc., recently priced an upsized US$600,000,000 offering of 5.750% senior unsecured notes due 2034, guaranteed by Clearway Energy LLC and its wholly owned subsidiaries, with proceeds earmarked to refinance debt and support renewable generation and storage assets.
This larger green-focused debt raise highlights how Clearway is using bond markets to reshape its balance sheet while expanding its clean energy footprint.
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