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Clearway Energy completes $600M senior notes offering

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Clearway Energy completes $600M senior notes offering

Clearway Energy Operating LLC on Dec. 11 completed the sale of $600 million of its 4.750% senior notes due 2028.

Interest on the notes is payable every March 15 and Sept. 15, starting Sept. 15, 2020, until their maturity date on March 15, 2028.

The Clearway Energy Inc. subsidiary launched the senior notes offering to help fund a cash tender offer to repurchase any and all of its $500 million outstanding 5.375% senior notes due 2024.

The proceeds will be used to partially fund the repowering of its Wildorado and Elbow Creek wind facilities in Texas and for general corporate purposes.