Clearway Energy Files Prospectus Supplement To Sell Up To $100M Of Common Stock
We have entered into an equity distribution agreement with Wells Fargo Securities, LLC, Morgan Stanley & Co. LLC, BofA Securities, Inc., Citigroup Global Markets Inc. and J.P. Morgan Securities LLC, as sales agents,
Clearway Energy is planning to sell new shares of its company to raise up to $100 million in cash. When a company sells new shares, it means they need money for something—watch to see what they say they'll use it for, since that tells you if they're growing or fixing problems.
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