Clearway Energy,Inc. (NYSE: CWEN.A) Files An 8-K Entry into a Material Definitive Agreement

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Clearway Energy,Inc. (NYSE: CWEN.A) Files An 8-K Entry into a Material Definitive Agreement

Clearway Energy,Inc. (NYSE: CWEN.A) Files An 8-K Entry into a Material Definitive Agreement
Item 9.01 Entry Into a Material Definitive Agreement.

Fourth Amendment to Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility

On November30, 2018, each of Clearway Energy Operating LLC (“Clearway Operating LLC”), as borrower, and Clearway Energy LLC (“Clearway LLC”), as guarantor, entered into the Fourth Amendment to Amended and Restated Credit Agreement (the “Fourth Amendment”), with certain subsidiaries of Clearway Operating LLC party thereto, as guarantors, JPMorgan Chase Bank, N.A., as administrative agent (the “Administrative Agent”), and the lenders party thereto, which amended that certain Amended and Restated Credit Agreement, dated as of April25, 2014 (as amended, the “Existing Credit Agreement”), among Clearway Operating LLC, Clearway LLC, certain subsidiaries of Clearway Operating LLC party thereto, the lenders party thereto and the Administrative Agent, providing for revolving commitments in an aggregate principal amount of $495 million. Each of Clearway Operating LLC and Clearway LLC is a subsidiary of Clearway Energy,Inc.

The Fourth Amendment amends the Existing Credit Agreement to (i)implement technical clarifications to the certain representations and covenants regarding energy regulatory matters; and (ii)provide flexibility with respect to guarantees by Clearway LLC and its subsidiaries in connection with the refinancing of convertible notes permitted thereunder.

The foregoing description of the Fourth Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Fourth Amendment, a copy of which is filed as Exhibit10.1 to this Current Report on Form8-K and is incorporated herein by reference.

Item 9.01 Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant.

The disclosures under Item 9.01 of this Current Report on Form8-K relating to the Fourth Amendment are also responsive to Item 9.01 of this report and are incorporated by reference into this Item 9.01.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits


Clearway Energy, Inc. Exhibit
EX-10.1 2 a18-41171_1ex10d1.htm EX-10.1 Exhibit 10.1   Execution Version   FOURTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT   This FOURTH AMENDMENT TO AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”) is dated as of November 30,…
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