Clearway Energy, Inc. (NYSE:CWEN.A) acquired an ownership stake in Texas Solar Nova 1 for $23 million.
February 21, 2024
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Clearway Energy, Inc. (NYSE:CWEN.A) acquired an ownership stake in Texas Solar Nova 1 for $23 million on December 28, 2023. The project is underpinned by power purchase agreements with creditworthy counterparties with a weighted average contract duration of approximately 18 years.
Clearway Energy, Inc. (NYSE:CWEN.A) completed the acquisition of an ownership stake in Texas Solar Nova 1 on December 28, 2023.
Clearway Energy, Inc. is a renewable energy company. The Company invests in energy infrastructures and focuses on investments in clean energy and owns modern, sustainable and long-term contracted assets across North America. The Companyâs businesses are segregated based on conventional power generation and renewable businesses, which consist of solar, wind and energy storage. It owns approximately 6,000 net megawatts (MW) of installed wind, solar and energy storage projects. The Company's approximately 8,500 net MW of assets also includes approximately 2,500 net MW of natural gas-fired generation facilities. Its conventional projects include Carlsbad, El Segundo, GenConn Devon, GenConn Middletown, Marsh Landing and Walnut Creek. The Companyâs utility scale solar projects include Agua Caliente, Alpine, Avenal, Avra Valley, Blythe, Borrego, Buckthorn Solar, CVSR, Daggett 2, Daggett 3, Desert Sunlight 250, Kansas South and others. Its wind projects include Black Rock and Buffalo Bear.
CLEARWAY ENERGY, INC. 
