Deriva Energy, LLC is based in Charlotte, North Carolina, and a portfolio company of Brookfield, together with Manulife Investment Management, has agreed to sell an 833 MWdc (613 MWac) portfolio of operating solar assets to Clearway Energy, Inc. TD Securities served as the exclusive financial advisor for both partners. The transaction is intended to optimize Deriva Energy’s portfolio and recycle capital into its next phase of growth. Terms of the agreement were not disclosed. The sale is expected to close by the second quarter of 2026. Deriva Energy currently operates more than 6.2 GW of clean-energy assets, and over 10.5 GW of projects in development across the United States.
Deriva and Manulife agree to sell 833 MW DC solar projects to Clearway
Deriva Energy and Manulife Investment Management agreed to sell an 833 MW DC operational solar portfolio to Clearway Energy, with closure expected by Q2 2026.
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