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Long-term Debt (Tables) | 9 Months Ended
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Sep. 30, 2020
Debt Disclosure [Abstract] |
Schedule of long-term debt | Long-term debt consisted of the following:
(In millions, except rates) | September 30, 2020 |  | December 31, 2019 |  | September 30, 2020 interest rate % (a) |  | Letters of Credit Outstanding at September 30, 2020
2020 Convertible Notes (b) | $ | — |  |  | $ | 45 |  |  | 3.250 |  |  |
2024 Senior Notes (c) | — |  |  | 88 |  |  | 5.375 |  |  |
2025 Senior Notes | 600 |  |  | 600 |  |  | 5.750 |  |  |
2026 Senior Notes | 350 |  |  | 350 |  |  | 5.000 |  |  |
2028 Senior Notes | 850 |  |  | 600 |  |  | 4.750 |  |  |
Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility, due 2023 (d) | — |  |  | — |  |  | L+2.00 |  | 59 |
Project-level debt: |  |  |  |  |  |  |
Alpine, due 2022(e) | — |  |  | 119 |  |  | L+2.00 |  | — |
Alta Wind I-V lease financing arrangements, due 2034 and 2035 | 816 |  |  | 844 |  |  | 5.696 - 7.015 |  | 29 |
Buckthorn Solar, due 2025 | 127 |  |  | 129 |  |  | L+1.750 |  | 26 |
Carlsbad Holdco, due 2038 | 215 |  |  | 216 |  |  | 4.210 |  |  | 9 |
Carlsbad Energy Holdings LLC, due 2027 and 2038 | 568 |  |  | 582 |  |  | various |  | 67 |
Chestnut Borrower, LLC, due 2024 | 109 |  |  | — |  |  | L+2.50 |  | 8 |
CS4 Borrower, due 2026 | 103 |  |  | — |  |  | L+2.00 |  | 4 |
CVSR, due 2037 | 675 |  |  | 696 |  |  | 2.339 - 3.775 |  | — |
CVSR Holdco Notes, due 2037 | 176 |  |  | 182 |  |  | 4.680 |  |  | 13 |
Duquesne, due 2059 | 95 |  |  | 95 |  |  | 4.620 |  |  | — |
El Segundo Energy Center, due 2023 | 250 |  |  | 303 |  |  | L+1.875 - L+2.500 |  | 138 |
Energy Center Minneapolis Series D, E, F, G, H Notes, due 2025-2037 | 327 |  |  | 328 |  |  | various |  | — |
Laredo Ridge, due 2028 | 80 |  |  | 84 |  |  | L+2.125 |  | 10 |
Kansas South, due 2030 | 23 |  |  | 24 |  |  | L+2.25 |  | 2 |
Kawailoa Solar Holdings LLC, due 2026 | 82 |  |  | 82 |  |  | L+1.375 |  | 13 |
Marsh Landing, due 2023 | 164 |  |  | 206 |  |  | L+2.125 |  | 38 |
NIMH Solar, due 2024 | 193 |  |  | — |  |  | L+2.00 |  | 11 |
Oahu Solar Holdings LLC, due 2026 | 90 |  |  | 91 |  |  | L+1.375 |  | 11 |
Repowering Partnership Holdco LLC, due 2020 (c) | — |  |  | 228 |  |  | L+.85 |  | — |
South Trent, due 2028 | 39 |  |  | 43 |  |  | L+1.350 |  | 12 |
Tapestry, due 2031 | 147 |  |  | 156 |  |  | L+1.375 |  | 18 |
Utah Solar Holdings, due 2036 | 296 |  |  | — |  |  | 3.59 |  | 9 |
Utah Solar Portfolio, due 2022(e) | — |  |  | 254 |  |  | L+1.625 |  | — |
Viento, due 2023 | 35 |  |  | 42 |  |  | L+2.00 |  | 12 |
Walnut Creek, due 2023 | 140 |  |  | 175 |  |  | L+1.75 |  | 80 |
Other(f) | 242 |  |  | 296 |  |  | various |  | 29 |
Subtotal project-level debt: | 4,992 |  |  | 5,175 |  |  |  |  |
Total debt | 6,792 |  |  | 6,858 |  |  |  |  |
Less current maturities | (361) |  |  | (1,824) |  |  |  |  |
Less net debt issuance costs | (79) |  |  | (78) |  |  |  |  |
Add premiums(g) | 5 |  |  | — |  |  |  |  |
Total long-term debt | $ | 6,357 |  |  | $ | 4,956 |  |  |  |  |
(a) As of September 30, 2020, L+ equals 3 month LIBOR plus x%, except for Viento, due 2023 and Kansas South, due 2030 where L+ equals 6 month LIBOR plus x% (b) Matured and repaid in the second quarter of 2020 (c) Repaid in the first quarter of 2020, as further described below (d) Applicable rate is determined by the borrower leverage ratio, as defined in the credit agreement (e) Repaid in the third quarter of 2020, as further described below (f) December 31, 2019 includes Blythe and Roadrunner debt outstanding of $14 million and $28 million, respectively which were repaid in the third quarter of 2020, as further described below (g) Premiums relate to the 2028 Senior Notes

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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