Item 1.01 Entry Into a Material Definitive Agreement.
Sixteenth Supplemental Indenture
On February 3, 2021, Clearway Energy Operating LLC ("Clearway Operating LLC"), a
subsidiary of Clearway Energy LLC ("Clearway LLC"), the guarantors currently
party to the 2026 Notes Indenture (defined below), CWSP Rattlesnake Holding LLC
(the "Guaranteeing Subsidiary") and Delaware Trust Company (as successor in
interest to Law Debenture Trust Company of New York), as trustee (the
"Trustee"), entered into the sixteenth supplemental indenture (the "Sixteenth
Supplemental Indenture"), supplementing the indenture, dated as of August 18,
2016 (as amended or supplemented to the date hereof, the "2026 Notes
Indenture"), by and among Clearway Operating LLC, the guarantors party thereto
and the Trustee, pursuant to which Clearway Operating LLC issued $350,000,000 in
aggregate principal amount of its 5.000% Senior Notes due 2026 (the "2026
Notes"). Pursuant to the Sixteenth Supplemental Indenture, the Guaranteeing
Subsidiary became a guarantor of Clearway Operating LLC's obligations under the
2026 Notes. Each of Clearway Operating LLC, Clearway LLC and the Guaranteeing
Subsidiary are subsidiaries of Clearway Energy, Inc.
The foregoing description of the Sixteenth Supplemental Indenture does not
purport to be complete and is qualified in its entirety by reference to the
Sixteenth Supplemental Indenture, which is attached as Exhibit 4.1 to this
Current Report on Form 8-K and is incorporated by reference herein.
Twelfth Supplemental Indenture
On February 3, 2021, Clearway Operating LLC, the guarantors currently party to
the 2025 Notes Indenture (defined below), the Guaranteeing Subsidiary and the
Trustee also entered into the twelfth supplemental indenture (the "Twelfth
Supplemental Indenture"), supplementing the indenture, dated as of October 1,
2018 (as amended or supplemented to the date hereof, the "2025 Notes
Indenture"), by and among Clearway Operating LLC, the guarantors party thereto
and the Trustee, pursuant to which Clearway Operating LLC issued $600,000,000 in
aggregate principal amount of its 5.750% Senior Notes due 2025 (the "2025
Notes"). Pursuant to the Twelfth Supplemental Indenture, the Guaranteeing
Subsidiary became a guarantor of Clearway Operating LLC's obligations under the
2025 Notes.
The foregoing description of the Twelfth Supplemental Indenture does not purport
to be complete and is qualified in its entirety by reference to the Twelfth
Supplemental Indenture, which is attached as Exhibit 4.2 to this Current Report
on Form 8-K and is incorporated by reference herein.
Eighth Supplemental Indenture
On February 3, 2021, Clearway Operating LLC, the guarantors currently party to
the 2028 Notes Indenture (defined below), the Guaranteeing Subsidiary and the
Trustee also entered into the eighth supplemental indenture (the "Eighth
Supplemental Indenture"), supplementing the indenture, dated as of December 11,
2019 (as amended or supplemented to the date hereof, the "2028 Notes
Indenture"), by and among Clearway Operating LLC, the guarantors party thereto
and the Trustee, pursuant to which Clearway Operating LLC issued $850,000,000 in
aggregate principal amount of its 4.750% Senior Notes due 2028 (the "2028
Notes"). Pursuant to the Eighth Supplemental Indenture, the Guaranteeing
Subsidiary became a guarantor of Clearway Operating LLC's obligations under the
2028 Notes.
The foregoing description of the Eighth Supplemental Indenture does not purport
to be complete and is qualified in its entirety by reference to the Eighth
Supplemental Indenture, which is attached as Exhibit 4.3 to this Current Report
on Form 8-K and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. Document
4.1 Sixteenth Supplemental Indenture, dated as of February 3, 2021, among
Clearway Energy Operating LLC, the guarantors named therein and Delaware
Trust Company (as successor in interest to Law Debenture Trust Company
of New York).
4.2 Twelfth Supplemental Indenture, dated as of February 3, 2021, among
Clearway Energy Operating LLC, the guarantors named therein and Delaware
Trust Company.
4.3 Eighth Supplemental Indenture, dated as of February 3, 2021, among
Clearway Energy Operating LLC, the guarantors named therein and Delaware
Trust Company.
104 Cover Page Interactive Data File (formatted as inline XBRL and contained
in Exhibit 101)
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