Deriva Energy Agrees to Sell 833MWdc of Operating Solar Assets to Clearway Energy
Deriva Energy agreed to sell an 833MWdc (613MWac) operational solar portfolio to Clearway Energy (NYSE: CWEN, CWEN.A). The parties did not disclose transaction terms. Deriva said the sale will optimize its asset portfolio and recycle capital for reinvestment. The deal includes Deriva and its joint-venture partner Manulife Investment Management, with TD Securities acting as exclusive financial advisor to the sellers. The transaction is expected to close by the second quarter of 2026.
Deriva Energy ha deciso di vendere un portafoglio solare operativo 833MWdc (613MWac) a Clearway Energy (NYSE: CWEN, CWEN.A). Le parti non hanno divulgato i termini della transazione. La vendita ottimizzerà il portafoglio di asset e riciclerà capitale per reinvestimento. L'accordo include Deriva e il suo partner in joint venture Manulife Investment Management, con TD Securities che agisce come consulente finanziario esclusivo per i venditori. La transazione dovrebbe chiudersi entro il secondo trimestre del 2026.
Deriva Energy acordó vender una cartera solar operativa de 833MWdc (613MWac) a Clearway Energy (NYSE: CWEN, CWEN.A). Las partes no divulgaron los términos de la transacción. Deriva dijo que la venta optimizara su cartera de activos y reciclara capital para reinvertir. El acuerdo incluye a Deriva y su socio en la empresa conjunta Manulife Investment Management, con TD Securities actuando como asesor financiero exclusivo de los vendedores. Se espera que la transacción se cierre para el segundo trimestre de 2026.
Deriva Energy는 833MWdc (613MWac)의 운영 중인 태양광 포트폴리오를 Clearway Energy (NYSE: CWEN, CWEN.A)에 매각하기로 합의했다. 당사자들은 거래 조건을 공개하지 않았다. 매각이 자산 포트폴리오를 최적화하고 재투자를 위한 자본을 재활용할 것이라고 Deriva가 밝혔다. 거래에는 Deriva와 공동 투자 파트너인 Manulife Investment Management가 포함되며, TD Securities가 매도자 측의 독점 재무 자문사로 활동한다. 거래는 2026년 2분기까지 마감될 것으로 예상된다.
Deriva Energy a accepté de vendre un portefeuille solaire opérationnel de 833MWdc (613MWac) à Clearway Energy (NYSE: CWEN, CWEN.A). Les parties n'ont pas divulgué les termes de la transaction. La vente optimisera le portefeuille d'actifs et recyclera le capital pour le réinvestissement. L'accord inclut Deriva et son partenaire dans la coentreprise Manulife Investment Management, TD Securities agissant en tant que conseiller financier exclusif des vendeurs. La transaction devrait être conclue d'ici le deuxième trimestre 2026.
Deriva Energy hat sich darauf geeinigt, ein operatives Solarportfolio von 833MWdc (613MWac) an Clearway Energy (NYSE: CWEN, CWEN.A) zu verkaufen. Die Parteien haben die Transaktionsbedingungen nicht offengelegt. Deriva sagte, dass der Verkauf sein Vermögensportfolio optimieren und Kapital für eine Reinvestition recyceln wird. Der Deal umfasst Deriva und seinen Joint-Venture-Partner Manulife Investment Management, wobei TD Securities als exklusiver Finanzberater der Verkäufer fungiert. Die Transaktion wird voraussichtlich bis zum zweiten Quartal 2026 abgeschlossen sein.
Deriva Energy توافق على بيع محفظة شمسية تشغيلية بقدرة 833MWdc (613MWac) إلى Clearway Energy (NYSE: CWEN, CWEN.A). لم تفصح الأطراف عن شروط الصفقة. قالت Deriva إن البيع سيقوم بتحسين محفظة أصولها وإعادة تدوير رأس المال لإعادة الاستثمار. الصفقة تشمل Deriva وشريكها في المشروع المشترك Manulife Investment Management، مع TD Securities كمستشار مالي حصري للبائعين. من المتوقع إغلاق الصفقة في الربع الثاني من 2026.
Deriva Energy 同意将一个 833MWdc (613MWac) 的运营太阳能组合出售给 Clearway Energy (NYSE: CWEN, CWEN.A)。各方未披露交易条款。Deriva 表示此次出售将 优化其资产组合 并为再投资 回收资本。交易包括 Deriva 及其合资伙伴 Manulife Investment Management，TD Securities 担任卖方的独家财务顾问。预计交易将在 2026 年第二季度 完成。
- 833MWdc operational solar portfolio sale
- Proceeds intended to recycle capital for reinvestment
- Transaction expected to close by Q2 2026
- TD Securities acted as exclusive financial advisor
- Transaction terms not disclosed, price unknown
- Sale reduces Deriva owned operating capacity by 613MWac
Transaction to optimize Deriva portfolio and provide capital for reinvestment
"This transaction represents an important step in advancing our strategy to optimize our asset portfolio and recycle capital into our next phase of growth," said John Clapp, Chief Executive Officer of Deriva Energy.
TD Securities acted as exclusive financial advisor to Deriva Energy and Manulife Investment Management.
The transaction is expected to close by the second quarter of 2026.
About Deriva Energy
Deriva Energy is an established industry leader in clean energy, with over 6,200 megawatts of operating assets and over 10,500 MW of assets in development across the
Contact: press@derivaenergy.com
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SOURCE Deriva Energy
FAQ
What did Deriva Energy agree to sell to Clearway Energy (CWEN) on Oct 6, 2025?
When is the Deriva to Clearway Energy (CWEN) transaction expected to close?
Were the terms or price disclosed for the Deriva sale to Clearway (CWEN)?
Who advised Deriva Energy and Manulife on the sale to Clearway (CWEN)?
How will the sale affect Deriva’s capital strategy after the Clearway (CWEN) deal?
