Clearway

Global Infrastructure Partners and TotalEnergies announce a strategic partnership in U.S. renewables including their controlling stakes in Clearway Energy Group and SunPower Corporation

Retrieved on: 
Wednesday, May 25, 2022
SunPower, OECD, Natural gas, Partner, Electricity, Investment, NASDAQ, Solution, Global Infrastructure Partners, US, Biofuel, Ownership, Marketing, Wind, WEC Energy Group, GIP, Partnership, Heart, Growth, Solar energy, NYSE, CEO, Renewable energy, Clearway

NEW YORK, May 25, 2022 /PRNewswire/ -- Global Infrastructure Partners (GIP) and TotalEnergies have formed a strategic partnership to advance their commitment to the U.S. renewable energy sector.

Key Points: 
  • NEW YORK, May 25, 2022 /PRNewswire/ -- Global Infrastructure Partners (GIP) and TotalEnergies have formed a strategic partnership to advance their commitment to the U.S. renewable energy sector.
  • TotalEnergies will acquire half of GIP's interest in Clearway Energy Group (Clearway), a privately held renewable development company that owns a controlling stake with a 42% economic interest in Clearway Energy, Inc. (NYSE: CWEN.
  • SunPower is the second largest residential solar company in the U.S., providing customers with fully integrated solar, storage, home energy and financing solutions.
  • "I am delighted with this partnership with Global Infrastructure Partners, which is a major player in renewables, particularly in the United States.

CenTrio Bolsters Leadership Team with Appointment of District Energy Veteran Jim Lodge as Chief Operating Officer

Retrieved on: 
Tuesday, May 3, 2022
Strategic planning, Ecosystem, Information technology, Clearway, University, P&L, Steam, Company, Engineering, Heat, Centrio, Regulation and licensure in engineering, Syracuse, Electrical engineering, Industry, Champaign County, Illinois, Electricity, MBA, Education, City, APS, Management, Renewable energy

HOUSTON, May 3, 2022 /PRNewswire/ -- CenTrio, the industry-leading core-competency U.S. district energy business, today announced the appointment of Jim Lodge as Chief Operating Officer. Mr. Lodge most recently served as President at Clearway Community Energy, a comprehensive energy solutions provider. In his role at CenTrio, Lodge will be responsible for oversight of CenTrio's day-to-day operations including supervision of its nine energy systems, along with management of the engineering, project management, operations technology and information technology functions.

Key Points: 
  • Proven industry leader adds strategic planning, operations and business development to best-in-class executive team
    HOUSTON, May 3, 2022 /PRNewswire/ -- CenTrio , the industry-leading core-competency U.S. district energy business, today announced the appointment of Jim Lodge as Chief Operating Officer.
  • CenTrio is a fully integrated, sustainable energy services provider to higher education and healthcare campuses, cities, and communities with utility infrastructures.
  • I'm excited to join this talented group of leaders pushing toward an energy transition," said Jim Lodge, Chief Operating Officer of CenTrio.
  • As the industry-leading core-competency U.S. district energy business, CenTrio provides innovative, heating, cooling, and electric district energy solutions focused on reliability, sustainability, and cost-effectiveness.

Clearway Energy, Inc. Closes Sale of Thermal Business

Retrieved on: 
Monday, May 2, 2022
COVID-19, Weather, U.S. Securities and Exchange Commission, Income, Clearway, Distribution, Failure, Steam, Operation Active Endeavour, University, Maintenance, GLOBE, New, Company, NYSE, Tax, Public expenditure, Securities Act of 1933, Securities Exchange Act of 1934, Contract, Security (finance), Review, Webcast, Energy Independence and Security Act of 2007, Industry, Compliance, Investor relations, Hospital, Electricity, Government, KKR, Global Infrastructure Partners, Sale, News, Growth, Wind, Renewable energy, Bank

PRINCETON, N.J., May 02, 2022 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (the Company) today announced that the Company, through its subsidiary Clearway Energy Operating LLC, closed the sale of its Thermal Business to KKR for total consideration of $1.9 billion1.

Key Points: 
  • PRINCETON, N.J., May 02, 2022 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (the Company) today announced that the Company, through its subsidiary Clearway Energy Operating LLC, closed the sale of its Thermal Business to KKR for total consideration of $1.9 billion1.
  • I want to again thank my former colleagues at the Thermal Business for their years of dedicated service and for providing safe and reliable operations to their customer base, said Christopher Sotos, Clearway Energy, Inc.s President and Chief Executive Officer.
  • With the closing of this divestiture, Clearway now has unprecedented financial flexibility to deliver on its long-term growth objectives.
  • The Thermal Business previously owned by the Company consists of thermal infrastructure assets that provide steam, hot water and/or chilled water, and in some instances electricity, to commercial businesses, universities, hospitals, and governmental customers across the United States.

Clearway Pain Solutions Announces Newest Office Location in Bethesda, MD

Retrieved on: 
Monday, May 2, 2022
Workplace, Thomas Jefferson University, Head, Solution, Regenerative medicine, Pain, Textbook, University, Philadelphia College of Osteopathic Medicine, Neck, UVA, Interventional pain management, Augmented fifth, American Society of Interventional Pain Physicians, Patient, Pain management, Faculty, Education, Osteopathic medicine in the United States, Rockledge, MD, Gannon University, Quality of life, Technology, Dentistry, Medicine, Medical imaging, Clearway, Anesthesia, Anesthesiology

BETHESDA, Md., May 2, 2022 /PRNewswire/ -- It is with high anticipation that Clearway Pain Solutions announces their newest location in Bethesda, MD opening May 2022.

Key Points: 
  • BETHESDA, Md., May 2, 2022 /PRNewswire/ -- It is with high anticipation that Clearway Pain Solutions announces their newest location in Bethesda, MD opening May 2022.
  • The office will be located at 6410 Rockledge Dr #421 Bethesda, MD 20817 and will be staffed by Dr. Anna Irwin.
  • Clearway Pain Solutions is a leading interventional pain management practice focused on relieving pain, restoring function, and renewing the quality of life for their patients.
  • "I'm very excited to join the Bethesda community with the opening of Clearway's newest office location.

Heliogen Announces Nominations of Renewable Energy Veterans – David Crane and Paddy Padmanathan – to its Post-Combination Board of Directors

Retrieved on: 
Monday, November 15, 2021
Data Management, Technology, Utilities, Alternative Energy, Energy, Software, Zero, Industry, Engineering, University, Prospectus, Security (finance), NRG, Private sector, DC, PV, Acquisition, Board, Communication, Climate change, COO, Person, Tokyo Electric Power Company, Technology, New, Telephone, U.S. Securities and Exchange Commission, Shareholder, BESIX, Harvard Law School, Tata Steel, Corporation, Clearway, Title 11 of the United States Code, Institutional Investor, Chubu Electric Power, JERA, CEO, Knowledge, Suite, Sale, Princeton University, Internal energy, Ernst & Young, History, SEC, Proxy, CSP, Idealab, Form, Leadership, Water, Letter, Black, IPO, NYSE, ACWA Power, The Climate Group, Renewable energy, Management, Cryptocurrency

We are pleased to nominate David and Paddy to join Heliogens post-combination Board, said Bill Gross, Founder and Chief Executive Officer of Heliogen.

Key Points: 
  • We are pleased to nominate David and Paddy to join Heliogens post-combination Board, said Bill Gross, Founder and Chief Executive Officer of Heliogen.
  • Both David and Paddy bring exceptional experience in the renewable energy sector, and extensive knowledge and expertise in scaling innovative technologies to transform the way we produce and consume energy.
  • Previously, Mr. Crane was CEO of NRG from 2003 to 2015, leading the company from chapter 11 to the Fortune 200.
  • Prior to NRG, Mr. Crane was first COO and then CEO of International Power Plc, a UK-domiciled FTSE-100 company from 2000 to 2003.

Clearway Energy, Inc. Announces Sale of its Thermal Business to KKR

Retrieved on: 
Monday, October 25, 2021
Kirkland & Ellis, TD Securities, BofA Securities, Compliance, KKR, Securities Act of 1933, IPO, Steam, Hospital, Contract, Goal, Industry, Retirement, Failure, TD, Public expenditure, Clearway, Twitter, History, Security (finance), U.S. Securities and Exchange Commission, Insurance, Weather, NYSE, Review, Risk, Global Infrastructure Partners, Life, Sustainable community energy system, New, Gibson, Dunn & Crutcher, Income, Company, Investment, Electricity, Webcast, COVID-19, Growth, Investor relations, News, Morgan Stanley, Energy Independence and Security Act of 2007, University, GLOBE, Securities Exchange Act of 1934, Tax, Wind, Renewable energy, Audit

The Company's Thermal Business, commercially known as Clearway Community Energy, consists of thermal infrastructure assets that provide steam, hot water and/or chilled water, and in some instances electricity, to commercial businesses, universities, hospitals, and governmental customers across the United States.

Key Points: 
  • The Company's Thermal Business, commercially known as Clearway Community Energy, consists of thermal infrastructure assets that provide steam, hot water and/or chilled water, and in some instances electricity, to commercial businesses, universities, hospitals, and governmental customers across the United States.
  • Through this environmentally-sound diversified and primarily contracted portfolio, Clearway Energy endeavors to provide its investors with stable and growing dividend income.
  • KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds.
  • For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKRs website at www.kkr.com and on Twitter @KKR_Co.

Doral Renewables LLC (formerly named Global Energy Generation LLC) Appoints Evan Speece as Chief Financial Officer

Retrieved on: 
Thursday, September 16, 2021
Accounting, Manufacturing, Professional Services, Other Energy, Utilities, Alternative Energy, Environment, Insurance, Energy, Engineering, Finance, Wind, Capital market, Business, Treasury, History of Duke University, BS, CEO, Migdal (company), Tel Aviv Stock Exchange, Natural gas, VP, Company, CFO, Duke University, Fuqua School of Business, Clean Energy Finance Corporation, Clearway, Risk management, Solution, Doral, Accounting, Financial adviser, Renewable energy

Doral Renewables LLC (Doral LLC), a developer and operator of clean energy generation assets, welcomes Evan Speece as Chief Financial Officer (CFO).

Key Points: 
  • Doral Renewables LLC (Doral LLC), a developer and operator of clean energy generation assets, welcomes Evan Speece as Chief Financial Officer (CFO).
  • He also has significant expertise in tax, accounting, financial reporting, treasury and risk management within the renewable generation industry.
  • Mr. Speece earned a BS in Finance and Accounting from Boston College and an MBA in Energy Finance from Duke University's Fuqua School of Business.
  • In June, Doral Renewables LLC closed on a $355 million transaction with Migdal Insurance as an investor partner.

Clearway Energy, Inc. Signs Binding Agreement to Acquire the Remaining 50% Interest in the 530 MW Utah Solar Portfolio

Retrieved on: 
Monday, August 23, 2021
Industry, PG&E, Growth, Forecasting, Adjustment, GAAP, Method, Board of directors, Tax, Clearway, Investment, Management, Board, Public expenditure, Bankruptcy, News, PG, Depreciation, Mission statement, Bank, Bookkeeping

These measurements are not recognized in accordance with GAAP and should not be viewed as an alternative to GAAP measures of performance.

Key Points: 
  • These measurements are not recognized in accordance with GAAP and should not be viewed as an alternative to GAAP measures of performance.
  • Clearway Energy compensates for these limitations by relying primarily on our GAAP results and using EBITDA and Adjusted EBITDA only supplementally.
  • The reader is encouraged to evaluate each adjustment and the reasons Clearway Energy considers it appropriate for supplemental analysis.
  • Investors should not rely on these measures as a substitute for any GAAP measure, including cash provided by operating activities.

Clearway Pain Solutions Merges with The Center for Pain

Retrieved on: 
Wednesday, June 30, 2021
Acute pain, Nervous system, Branches of biology, Symptoms and signs, Nociception, Pain management, Palliative care, Pain, Clearway

ANNAPOLIS, Md., June 30, 2021 /PRNewswire/ -- Clearway Pain Solutions has merged with The Center for Pain creating one of the largest integrated pain solutions practices in the U.S. with 40 doctors and 59 clinical practitioners serving 43 locations in Maryland, Florida, Alabama, and Delaware.

Key Points: 
  • ANNAPOLIS, Md., June 30, 2021 /PRNewswire/ -- Clearway Pain Solutions has merged with The Center for Pain creating one of the largest integrated pain solutions practices in the U.S. with 40 doctors and 59 clinical practitioners serving 43 locations in Maryland, Florida, Alabama, and Delaware.
  • "This is a celebration of two extraordinary teams joining together to bring clinical excellence to the communities of Alabama," says Clearway Pain Solutions CEO, Dr. Damean Freas.
  • Clearway Pain Solutions is the flagship brand with the corporate headquarters in Annapolis, MD.
  • Dr. Freas also explained that the broader Clearway Pain Solutions platform is good for those needing a trusted practice to send patients in need of specialized pain management.

Clearway Energy, Inc. Completes Acquisition of Mt. Storm Wind Project

Retrieved on: 
Monday, April 26, 2021
Clearway, Castleton

b'PRINCETON, N.J., April 26, 2021 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced it completed the acquisition of Mt.

Key Points: 
  • b'PRINCETON, N.J., April 26, 2021 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced it completed the acquisition of Mt.
  • Storm, a 264 MW asset in Grant County, West Virginia, from Castleton Commodities International.\n\xe2\x80\x9cThe closing of the Mt.
  • Storm transaction provides the Company geographic diversification, accretive growth, and leverages Clearway\xe2\x80\x99s existing platform of wind investments in West Virginia to provide for operational efficiencies,\xe2\x80\x9d said Christopher Sotos, Clearway Energy, Inc.\xe2\x80\x99s President and Chief Executive Officer.
  • Through this environmentally-sound diversified and primarily contracted portfolio, Clearway Energy endeavors to provide its investors with stable and growing dividend income.