Clearway Inks Agreement to Acquire 137-MW Tuolumne Wind Project
Clearway Energy(CWEN) ZACKS·2024-11-27 01:10
Clearway Energy (CWEN) announced that it has entered into a binding agreement to acquire the operational Tuolumne Wind Project from Turlock Irrigation District.The acquisition is the next step in Clearway's path to meeting its long-term financial objectives, including the goal of delivering the midpoint or better of $2.40-$2.60 in cash available for distribution (CAFD) per share in 2027.Key Details of CWEN’s AgreementTuolumne Wind Project is a 137-megawatt (MW) wind project in Klickitat County, WA that achi ...