Clearway Energy buys 413 MW of US wind farms

Clearway Energy, Inc. has entered into a binding agreement Capistrano Wind Partners, LLC for the acquisition of the latter's portfolio of operational wind projects for US$255 million in cash, plus the assumption of US$160 million in non-recourse debt, subject to closing adjustments.

The Capistrano Portfolio consists of five utility-scale wind projects totaling 413 MW of capacity that were operational between 2008 and 2012 and are situated in Texas, Nebraska, and Wyoming.