{"version":"1.0","provider_name":"Clearway Energy","provider_url":"https:\/\/www.clearwayenergygroup.com","author_name":"danydt","author_url":"https:\/\/www.clearwayenergygroup.com\/blog\/author\/danydt\/","title":"Clearway Energy, Inc. Announces Equity Commitment in Repowering Partnership - Clearway Energy","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"Y2EzZGe0JC\"><a href=\"https:\/\/www.clearwayenergygroup.com\/press-releases\/clearway-energy-inc-announces-equity-commitment-in-repowering-partnership\/\">Clearway Energy, Inc. Announces Equity Commitment in Repowering Partnership<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.clearwayenergygroup.com\/press-releases\/clearway-energy-inc-announces-equity-commitment-in-repowering-partnership\/embed\/#?secret=Y2EzZGe0JC\" width=\"600\" height=\"338\" title=\"&#8220;Clearway Energy, Inc. Announces Equity Commitment in Repowering Partnership&#8221; &#8212; Clearway Energy\" data-secret=\"Y2EzZGe0JC\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script>\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n<\/script>\n","description":"Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (\u201cCompany\u201d), today announced that, through an indirect subsidiary of the Company, it has entered into binding equity commitment agreements in the previously announced partnership with Clearway Group to enable the repowering of two of its existing wind assets, Wildorado and Elbow Creek. These agreements commit the Company to invest an estimated $111 million in net corporate capital[1], subject to closing adjustments. The transaction is expected to contribute incremental asset CAFD on an average annual basis of approximately $12 million beginning in 2020[2], which reflects the improved operational profile of the projects and the impact from the new non-recourse capital structure employed at the partnership.","thumbnail_url":"https:\/\/www.clearwayenergygroup.com\/wp-content\/uploads\/2019\/06\/image-3-300x222.png"}