tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Clearway Energy Subsidiary Acquires Solar Projects for $225.8M

Story Highlights
Clearway Energy Subsidiary Acquires Solar Projects for $225.8M

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from Clearway Energy ( (CWEN) ).

On October 3, 2025, Clearway Energy‘s subsidiary, Cardinal Purchaser LLC, entered into agreements to acquire solar energy projects from Deriva Energy, LLC and others for approximately $225.8 million. The transaction includes acquiring interests in companies managing solar projects generating 386 MWac. Additionally, Clearway’s JV Purchaser and Fengate Purchasers agreed to acquire 50% stakes in solar projects generating 227 MWac for $79.5 million each, with the transactions expected to close in the first half of 2026.

The most recent analyst rating on (CWEN) stock is a Hold with a $34.00 price target. To see the full list of analyst forecasts on Clearway Energy stock, see the CWEN Stock Forecast page.

Spark’s Take on CWEN Stock

According to Spark, TipRanks’ AI Analyst, CWEN is a Neutral.

Clearway Energy’s overall stock score is driven by a solid financial performance, particularly in cash flow generation, and a positive outlook from the recent earnings call. However, technical indicators suggest mixed momentum, and the high P/E ratio raises valuation concerns. The strong dividend yield provides some compensation for these valuation issues.

To see Spark’s full report on CWEN stock, click here.

More about Clearway Energy

Clearway Energy, Inc. operates in the renewable energy sector, focusing on the management, ownership, and operation of utility-scale solar energy generation projects across the United States.

Average Trading Volume: 980,966

Technical Sentiment Signal: Strong Buy

Current Market Cap: $6.07B

See more data about CWEN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1