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Clearway Energy to Acquire Luna Valley Solar and Daggett Solar Power
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Clearway Energy to Acquire Luna Valley Solar and Daggett Solar Power
Jul 3, 2024 9:01 AM

11:44 AM EDT, 07/03/2024 (MT Newswires) -- Clearway Energy ( CWEN/A ) , through its subsidiary LV-Daggett Parent Holdco, has entered into a membership interest purchase agreement to acquire limited liability interests in Luna Valley Solar I and Daggett Solar Power I for approximately $89.7 million and $53.2 million, respectively, according to a Wednesday regulatory filing.

The transaction, expected to close in H2 subject to certain closing conditions, includes customary representations, warranties, and indemnifications from both parties.

Price: 24.19, Change: +0.08, Percent Change: +0.33

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