Clearway Energy, Inc. commences underwritten public offering of Class C common stock

Clearway Energy, Inc. has announced that it has commenced an underwritten public offering of 3,916,449 shares of its Class C common stock.

Clearway Energy intends to use the net proceeds from this offering to acquire newly issued Class C units of Clearway Energy LLC. Clearway Energy intends to cause Clearway LLC to use such proceeds to partially fund the purchase price of Clearway Energy’s acquisition of Carlsbad Energy Holdings LLC from NRG Energy, Inc. and to pay transaction fees and expenses.

UBS Investment Bank will act as the sole book runner for the offering.

A shelf registration statement (including a prospectus) relating to the offering has been filed with the Securities and Exchange Commission and has become effective.