Clearway Energy to Acquire Interests in Spindle Battery and Golden Fields Solar VI for $92.9 Million

Reuters
2025.12.02 11:05
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Clearway Energy Inc. subsidiary RS2-Spindle Purchaser LLC will acquire interests in Spindle Battery LLC and Golden Fields Solar VI, LLC for $92.9 million. The acquisition includes a 199 MW battery storage facility in Colorado and a 92 MW facility in California. The transaction is expected to close in the second half of 2026, subject to customary conditions.

Clearway Energy Inc. subsidiary RS2-Spindle Purchaser LLC has agreed to acquire membership interests in RS2-Spindle TargetCo LLC from RS2-Spindle CE Seller LLC, an affiliate of Clearway Energy Group LLC. Following the transaction, the Target Company will indirectly own all interests in Spindle Battery LLC and Golden Fields Solar VI, LLC. The base purchase price is approximately $45.7 million for Spindle Battery, which is developing a 199 MW battery energy storage facility in Weld County, Colorado, and approximately $47.2 million for Golden Fields Solar VI, which is developing a 92 MW battery energy storage facility in Kern County, California. The transaction is expected to close in the second half of 2026, subject to customary conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clearway Energy Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-117466), on December 02, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here