Filing Details

Accession Number:
0001104659-23-041542
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-04-04 16:31:02
Reporting Period:
2023-03-31
Accepted Time:
2023-04-04 16:31:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1567683 Clearway Energy Inc. CWEN Electric Services (4911) 461777204
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1747185 Global Infrastructure Gp Iii, L.p. 1345 Avenue Of The Americas
30Th Floor
New York NY 10105
Yes No Yes No
1747194 Global Infrastructure Investors Iii, Llc 1345 Avenue Of The Americas
30Th Floor
New York NY 10105
Yes No Yes No
1750994 Clearway Energy Group Llc 1345 Avenue Of The Americas
30Th Floor
New York NY 10105
Yes No Yes No
1752556 L.p. Partners Acquisition Zephyr Iii Gip 1345 Avenue Of The Americas
30Th Floor
New York NY 10105
Yes No Yes No
1942977 Zephyr Holdings Gp, Llc 1345 Avenue Of The Americas
30Th Floor
New York NY 10105
Yes No Yes No
1945888 Gip Iii Zephyr Midco Holdings, L.p. 1345 Avenue Of The Americas
30Th Floor
New York NY 10105
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class C Common Stock Acquisiton 2023-03-31 71,980 $31.15 172,601 No 4 P Indirect See footnotes
Class C Common Stock Acquisiton 2023-04-01 64,573 $31.33 237,174 No 4 J Indirect See footnotes
Class C Common Stock Disposition 2023-04-01 184,091 $31.33 53,083 No 4 J Indirect See footnotes
Class C Common Stock Acquisiton 2023-04-03 3,875 $0.00 56,958 No 4 J Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See footnotes
No 4 J Indirect See footnotes
No 4 J Indirect See footnotes
No 4 J Indirect See footnotes
Footnotes
  1. The price reported in Column 4 is a weighted average price. These units were purchased by Clearway Energy Group LLC ("Clearway Energy Group") in multiple transactions at prices ranging from $30.96 to $31.40. The Reporting Persons undertake to provide Clearway Energy, Inc., any security holder of Clearway Energy, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of units purchased at each separate price within the ranges set forth in this footnote. The Reporting Persons have agreed to voluntarily disgorge any profits deemed realized from such transactions to the Issuer.
  2. Reflects the withholding of shares to satisfy tax withholding obligations in connection with the vesting of restricted stock of the Issuer previously granted by Clearway Energy Group under its Long Term Equity Incentive Program to certain of its employees. The Reporting Persons have agreed to voluntarily disgorge any profits deemed realized from such transactions to the Issuer.
  3. Reflects grant of shares of restricted stock of the Issuer granted by Clearway Energy Group under its Long Term Equity Incentive Program to one or more of its employees. The Reporting Persons have agreed to voluntarily disgorge any profits deemed realized from such transactions to the Issuer.
  4. Reflects the forfeiture of shares of restricted stock of the Issuer previously granted by Clearway Energy Group under its Long Term Equity Incentive Program to one or more of its employees.
  5. Reflects securities held directly by Clearway Energy Group. Zephyr Holdings GP, LLC ("Zephyr GP") is the general partner of GIP III Zephyr Acquisition Partners, L.P. ("Zephyr") which is the sole member of Clearway Energy Group. Zephyr GP is owned by GIP III Zephyr Midco Holdings, L.P. ("Midco") and TotalEnergies Renewables USA, LLC. Global Infrastructure Investors III, LLC ("Global Investors") is the sole general partner of Global Infrastructure GP III, L.P. ("Global GP"), which is the general partner of Midco. As a result, each of Zephyr GP, Zephyr, Midco, Global GP and Global Investors, may be deemed to share beneficial ownership of the securities owned by Clearway Energy Group.
  6. Adebayo Ogunlesi, Jonathan Bram, William Brilliant, Matthew Harris, Michael McGhee, Rajaram Rao, William Woodburn, Salim Samaha and Robert O'Brien, as the voting members of the Investment Committee of Global Investors, may be deemed to share beneficial ownership of the Issuer securities beneficially owned by Global Investors. Such individuals expressly disclaim any such beneficial ownership.
  7. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the securities reported herein for purposes of Section 16 or for any other purpose.