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Long-term Debt (Tables)
 6 Months Ended
Jun. 30, 2022
Debt Disclosure [Abstract]  
Schedule of long-term debt The Company’s borrowings, including short-term and long-term portions consisted of the following:
(In millions, except rates)June 30, 2022December 31, 2021
June 30, 2022 interest rate % (a)
Letters of Credit Outstanding at June 30, 2022
2028 Senior Notes$850 $850 4.750 
2031 Senior Notes925 925 3.750 
2032 Senior Notes350 350 3.750 
Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility, due 2023 (b)
— 245 
L+1.750
$87 
Bridge Loan, due 2022 (c)
— 335
S+1.250
Project-level debt:
Agua Caliente Solar LLC, due 2037677 684 
2.395 - 3.633
45 
Alta Wind Asset Management LLC, due 203112 13 
L+2.625
— 
Alta Wind I-V lease financing arrangements, due 2034 and 2035727 756 
5.696 - 7.015
22 
Alta Wind Realty Investments LLC, due 203123 24 7.000 — 
Borrego, due 2024 and 203854 54 Various— 
Buckthorn Solar, due 2025122 123 
L+1.750
23 
Carlsbad Energy Holdings LLC, due 2027136 136 
L+1.750
82 
Carlsbad Energy Holdings LLC, due 2038407 407 4.120 — 
Carlsbad Holdco, due 2038203 205 4.210 10 
CVSR, due 2037638 652 
2.339 - 3.775
— 
CVSR Holdco Notes, due 2037160 169 4.680 13 
DG-CS Master Borrower LLC, due 2040434 441 3.510 30 
El Segundo Energy Center, due 2023154 193 
L+1.875 - L+2.500
138 
Kawailoa Solar Portfolio LLC, due 202678 78 
L+1.375
15 
Laredo Ridge, due 2028 (d)
— 72 
L+2.125
— 
Marsh Landing, due 202365 84 
L+2.375
73 
Mililani I, due 2022 and 202498 — 
L+1.000 - L+1.250
2 
NIMH Solar, due 2024171 176 
L+2.000
16 
Oahu Solar Holdings LLC, due 202685 86 
L+1.375
11 
Rosie Class B LLC, due 202778 78 
L+1.750
17 
Tapestry Wind LLC, due 2031 (d)
— 85 
L+1.375
— 
Utah Solar Holdings, due 2036267 273 3.590 15 
Viento Funding II, LLC, due 2023 and 2029 (d)
188 29 
S+1.475
26 
Walnut Creek, due 202355 74 
L+1.750
133 
WCEP Holdings, LLC, due 202328 30 
L+3.000
— 
Other142 151 Various191 
Subtotal project-level debt:5,002 5,073 
Total debt7,127 7,778 
Less current maturities(457)(772)
Less net debt issuance costs(69)(71)
Add premiums (e)
4 4 
Total long-term debt$6,605 $6,939 
(a) As of June 30, 2022, L+ equals 3 month LIBOR plus x%, except Clearway Energy Operating LLC Revolving Credit Facility, due 2023, Marsh Landing, due 2023, Mililani I, due 2022 and 2024, and Walnut Creek, due 2023, where L+ equals 1 month LIBOR plus x%.
(b) Applicable rate is determined by the borrower leverage ratio, as defined in the credit agreement.
(c) S+ equals SOFR, plus x%.
(d) Laredo Ridge, due 2028; Tapestry Wind, LLC, due 2031; and Viento Funding II, LLC, due 2023 project-level debt were repaid on March 16, 2022 totaling $186 million and was replaced with $190 million in new project-level debt under Viento Funding II, LLC that was obtained on March 16, 2022 and is due in 2029, as discussed further below.
(e) Premiums relate to the 2028 Senior Notes.