Clearway Energy (CWEN) surged 6.6% following the company's announcement of an agreement to acquire a solar portfolio totaling 613 megawatts of installed capacity from Deriva Energy, with projects spanning across eight U.S. states.
The investment is scheduled for completion in the second quarter of 2026 and is expected to deliver immediate value-added benefits upon completion, with annual available cash flow yields exceeding 12% over the subsequent five-year period.
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