Clearway Energy LLC
Clearway Energy LLC (via subsidiary Swan Purchaser LLC) entered into a Membership Interest Purchase Agreement on September 23, 2026, to acquire the Swan Solar project — a 650 MW solar PV facility under development in Bates County, Missouri — from a Clearway Energy Group affiliate. The base purchase price is approximately $230 million in cash, subject to adjustments tied to minimum economic thresholds. Closing is expected in Q3 2028.
- Base purchase price of approximately $230 million in cash, subject to adjustments tied to minimum economic thresholds.
- Swan Solar is a 650 MW solar photovoltaic facility under development in Bates County, Missouri.
- Closing expected in Q3 2028, roughly two years from signing.
- Purchaser acquires 100% of Class A units; CEG affiliate retains 100% of Class C units in the Target Company.
- Transaction is a related-party deal — Seller is an affiliate of Clearway Energy Group LLC.
Price data unavailable.
A ~$230M related-party acquisition of a 650 MW solar project adds meaningful scale but carries a two-year closing timeline with execution risk.
Adds 650 MW to Clearway's renewable portfolio in MISO territory, consistent with the sector's push into utility-scale solar as IRA tax credits incentivize large deployments.
Closing is subject to customary conditions and third-party actions, with a two-year gap to Q3 2028 — development/construction risk and regulatory hurdles could delay or derail the deal. Related-party nature requires scrutiny of pricing fairness.
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