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Clearway Energy to acquire solar portfolio from Deriva Energy
Yahoo Finance· 2025-10-07 18:05
Clearway Energy (CWEN) announced that it has entered into a binding agreement to acquire a 613 MWac operational solar portfolio from Deriva Energy. The portfolio spans eight states with capacity and value concentrated in the CAISO and PJM markets, affording Clearway the opportunity to leverage its complementary operating strength in those markets. For 12 assets in the portfolio located in the Western US and comprising of 227 MWac, Clearway will co-invest cash equity interests in a 50/50 joint venture with ...
Clearway Energy, Inc. Signs Binding Agreement to Acquire Solar Portfolio
Globenewswire· 2025-10-06 18:00
PRINCETON, N.J., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced that it has entered into a binding agreement to acquire a 613 MWac operational solar portfolio from Deriva Energy, LLC. The portfolio spans eight states with capacity and value concentrated in the CAISO and PJM markets, affording Clearway the opportunity to leverage its complementary operating strength in those markets. For 12 assets in the portfolio located in the Western US and compris ...
TotalEnergies to sell 50% stake in 1.4GW North American solar portfolio
Yahoo Finance· 2025-09-30 16:45
TotalEnergies has agreed with insurance vehicles and accounts managed by global investment firm KKR to sell a 50% interest in a 1.4GW North American solar portfolio. The deal assigns the portfolio an enterprise value of $1.25bn. Due to these transactions and bank refinancing to be finalised shortly, the energy company will receive $950m at closing. The deal comprises six utility-scale solar projects amounting to 1.3GW, and 41 distributed-generation sites totalling 140MW, primarily located in the US. El ...
Renewables: TotalEnergies Divests 50% of 1.4 GW Solar Portfolio in North America
Businesswire· 2025-09-29 21:25
PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has signed an agreement with insurance vehicles and accounts managed by KKR, a leading global investment firm, for the sale of 50% of a 1.4 GW solar portfolio in North America. This transaction – which aligns with TotalEnergies' renewables business model – values the portfolio at an enterprise value of $1.25 billion. Thanks to these transactions and the bank refinancing currently being finalized, TotalEnergies will receive a. ...
TotalEnergies to sell 50% of solar portfolio in North America
Reuters· 2025-09-29 14:08
TotalEnergies will sell 50% of a solar portfolio in North America to KKR , the energy group said on Monday. ...