Clearway Energy to buy Spindle Battery and Golden Fields Solar VI for about $93 million
Clearway Energy's subsidiary agreed on November 24, 2025 to buy interests in two developers of battery storage projects from an affiliate of Clearway Energy Group for a combined base price of about $92.9 million in cash, subject to working capital adjustments. The closing is expected in the second half of 2026 and depends on customary conditions and third-party actions, so shareholders will see the effect only if the deal closes.
Key points
- Base purchase prices: about $45.7 million for Spindle Battery and about $47.2 million for Golden Fields Solar VI.
- Spindle Battery is developing a roughly 199 megawatt battery storage facility in Weld County, Colorado.
- Golden Fields Solar VI is developing a roughly 92 megawatt battery storage facility in Kern County, California.
- Closing is expected during the second half of 2026, subject to customary conditions and certain third-party actions.
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 02, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.