Clearway Energy - M&A Summary and Business Overview

UtilitiesCompany

Clearway Energy M&A Summary

Clearway Energy has acquired 2 companies. It has also divested 2 assets.

Clearway Energy’s largest acquisition to date was in 2013, when it acquired Energy Systems for $120M. It’s largest disclosed sale occurred in 2022, when it sold Clearway Energy - Thermal Business to KKR for $1.9B. Clearway Energy has acquired in 2 different US states. The Company’s most targeted sectors include renewable energy (50%) and utilities (50%).

Clearway Energy Business Overview

Where is Clearway Energy headquartered?

Clearway Energy is headquartered in Princeton, New Jersey.

What is Clearway Energy’s revenue?

Clearway Energy disclosed revenue of 1,190M USD for 2022 and 1,286M USD for 2021.

How many employees does Clearway Energy have?

Clearway Energy has 58 employees.

What sector is Clearway Energy in?

Clearway Energy is an utilities company.

When was Clearway Energy founded?

Clearway Energy was founded in 2012.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity2
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3

Clearway Energy

Clearway Energy, Inc.

300 Carnegie Center, Suite 300,
Princeton, New Jersey 08540
United States,
(609) 608-1525
www.clearwayenergy.com

Clearway Energy is an owns and operator of 1,919 MW of generating capacity across 31 renewable power facilities, and has over 1,000 MW in development. Clearway Energy was founded in 2012 and is headquartered in Princeton, New Jersey.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $120M $120M
Sell (0.4/yr) # - 1 - 1 - - 2
vol $1.9B $1.9B
  4

Most Recent M&A

Company Date Value Type
Clearway Energy - Thermal Business 2022-05-02 1.9B USD Divestiture
Princeton, New Jersey
Clearway Energy, Inc. - Portfolio of Residential Solar Assets 2020-05-14 - Divestiture
Princeton, New Jersey
Terra-Gen Power LLC - Alta Wind 2014-06-04 - Divestiture
, California
Energy Systems Co. 2013-12-03 120M USD Add-on Acquisition
Omaha, United States · www.esc-omaha.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Renewable Energy 1 (50%) - 2 (100%) 1.9B (100%)
Utilities 1 (50%) 120M (100%) - -
Total 2 $120M 2 $1.9B

By Geo

State/Country Buy Value Sell Value
United States 2 120M 2 1.9B
  New Jersey - - 2 1.9B
  California 1 - - -
Total 2 $120M 2 $1.9B

Deal Values

buy # Total
$100M to $1B 1 $120M
TOTAL $120M
Largest Energy Systems Co.
$120M (2013-12-03)
sell # Total
> $1B 1 $1.9B
TOTAL $1.9B
Largest Clearway Energy - Thermal Business
$1.9B (2022-05-02)

M&A Connections

Deals
Acquired from
Strategic(s)
50%
1 (50%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

Company Summary

SECTOR

Utilities

Revenue

1,190   8% 2022
1,286   8% 2021
1,199   17% 2020
1,032   2% 2019
1,053   5% 2018
1,009   2% 2017
1,021   18% 2016
869   50% 2015
583   2014
(millions of USD) Show More Show Less

Employees

58

Established

2012

Public

NYSE: CWEN

Former Name

NRG Yield, Inc.

 Subscribe to unlock this and 201,882
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Clearway Energy

New Jersey Companies , Utilities Companies , United States Companies , New Jersey Utilities Companies , New Jersey Utilities with Acquisitions , New Jersey Utilities with Divestitures

Related Lists for New Jersey Companies

Largest New Jersey Companies , Acquisitive New Jersey Companies , Recently Acquired New Jersey Companies , Recently Sold New Jersey Companies , Private New Jersey Companies , Public New Jersey Companies , Acquired New Jersey Companies , PE Backed New Jersey Companies

Related Lists for Utilities Companies

Largest Utilities Companies , Acquisitive Utilities Companies , Recently Acquired Utilities Companies , Recently Sold Utilities Companies , Private Utilities Companies , Public Utilities Companies , Acquired Utilities Companies , PE Backed Utilities Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies
Mergr

Product

Company

Legal