NRG Yield Operating LLC, now known as Clearway Energy Operating LLC, amended indentures governing its $500 million 5.375% senior notes due 2024 and $350 million of 5% senior notes due 2026 to make Central CA Fuel Cell 1 LLC as the new guarantor of the securities.
Clearway Energy Operating and Central CA Fuel Cell are subsidiaries of Clearway Energy Inc., formerly known as NRG Yield Inc. Clearway Energy was formed after NRG Energy Inc. sold its interest in NRG Yield and a renewable energy business to Global Infrastructure Partners.
Clearway Energy Operating in early April terminated a consent solicitation to amend indentures governing its outstanding 5.375% and 5% notes.