XML 43 R30.htm IDEA: XBRL DOCUMENT v3.20.2
Long-term Debt (Tables)
 9 Months Ended
Sep. 30, 2020
Debt Disclosure [Abstract]  
Schedule of long-term debt Long-term debt consisted of the following:
(In millions, except rates)September 30, 2020December 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 Notes350 350 5.000 
2028 Senior Notes850 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 2035816 844 
5.696 - 7.015
29 
Buckthorn Solar, due 2025127 129 
L+1.750
26 
Carlsbad Holdco, due 2038215 216 4.210 9 
Carlsbad Energy Holdings LLC, due 2027 and 2038568 582 various67 
Chestnut Borrower, LLC, due 2024109 — 
L+2.50
8 
CS4 Borrower, due 2026 103 — 
L+2.00
4 
CVSR, due 2037675 696 
2.339 - 3.775
— 
CVSR Holdco Notes, due 2037176 182 4.680 13 
Duquesne, due 205995 95 4.620 — 
El Segundo Energy Center, due 2023250 303 
L+1.875 - L+2.500
138 
Energy Center Minneapolis Series D, E, F, G, H Notes, due 2025-2037327 328 various— 
Laredo Ridge, due 202880 84 
L+2.125
10 
Kansas South, due 203023 24 
L+2.25
2 
Kawailoa Solar Holdings LLC, due 202682 82 
L+1.375
13 
Marsh Landing, due 2023164 206 
L+2.125
38 
NIMH Solar, due 2024193 — 
L+2.00
11 
Oahu Solar Holdings LLC, due 202690 91 
L+1.375
11 
Repowering Partnership Holdco LLC, due 2020 (c)
— 228 
L+.85
— 
South Trent, due 202839 43 
L+1.350
12 
Tapestry, due 2031147 156 
L+1.375
18 
Utah Solar Holdings, due 2036296 — 
3.59
9 
Utah Solar Portfolio, due 2022(e)
— 254 
L+1.625
— 
Viento, due 202335 42 
L+2.00
12 
Walnut Creek, due 2023140 175 
L+1.75
80 
Other(f)
242 296 various29 
Subtotal project-level debt:4,992 5,175 
Total debt6,792 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