Clearway Energy Prices Upsized $600 Million Notes Offering

BY MT Newswires | CORPORATE | 01/08/26 05:42 PM EST

05:42 PM EST, 01/08/2026 (MT Newswires) -- Clearway Energy (CWEN/A) unit Clearway Energy Operating said late Thursday it priced an offering of $600 million in aggregate principal amount of 5.750% senior unsecured notes due 2034 at a purchase price of 100% of face value.

The size of the offering was increased to $600 million from $500 million.

The notes will mature on Jan. 15, 2034, and the offering is set to close on Jan. 13, 2026.

Clearway Operating said it plans to use the net proceeds to repay borrowings under its revolving credit facility, fund general corporate purposes and acquire renewable energy and storage assets.

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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