GIP launches renewable energy developer, acquires 4.7 GW of SunPower assets
Clearway Energy Group has been formed from NRG’s renewable energy businesses and SunPower’s project pipeline.
Guggenheim: Sale of CAFD, NYLD casts doubt on the yieldco space
A research note by Guggenheim Securities says that the discounted sales of NRG Yield and 8point3 Energy Partners show how difficult it has been for investors to accurately value yieldcos, and undermines confidence.
NRG does (another) u-turn on renewables
The U.S. power giant is embracing a business plan that includes selling 50-100% of its renewables business and yieldco NRG Yield as part of a massive unloading of assets and investments.
