Clearway Energy (NYSE:CWEN), through its subsidiary LV-Daggett Parent Holdco, has entered into a membership interest purchase agreement with D1-LV CE Seller, an affiliate of Clearway Energy Group.

The transaction, totaling approximately $142.9 million, enables Clearway Energy to acquire membership interests in Luna Valley Solar I for $89.7 million, and Daggett Solar Power I for $53.2 million. 

The completion of this transaction is expected in the second half of 2024, pending fulfillment of specific conditions and necessary third-party approvals.