Form 4: Clearway Energy: Global Infrastructure Investors III, LLC Reports Class C Common Stock Transactions

Global Infrastructure Investors III, LLC reports acquisition and disposition of Clearway Energy, Inc. Class C Common Stock.

Summary

• Global Infrastructure Investors III, LLC filed a Form 4 detailing changes in beneficial ownership of Clearway Energy, Inc. (CWEN) Class C Common Stock.
• On June 26, 2024, 375,000 shares of Class C Common Stock were acquired through the exchange of Class D Units of Clearway Energy LLC.
• On June 28, 2024, 375,000 shares of Class C Common Stock were disposed of at a price of $24.69 per share.
• The transactions involved multiple entities including Global Infrastructure Investors III, LLC, Zephyr Holdings GP, LLC, Global Infrastructure GP III, L.P., GIP III Zephyr Midco Holdings, L.P., GIP III Zephyr Acquisition Partners L.P., and Clearway Energy Group LLC.
• The reporting persons disclaim beneficial ownership of the securities reported, except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders and major shareholders, providing transparency to the market.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a major shareholder.

Key Dates