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CWEN vs NRGV

Clearway Energy, Inc. Class C Common Stock and Energy Vault Holdings, Inc.

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Clearway Energy, Inc. Class C Common Stock

Clearway Energy, Inc. operates in the clean energy generation assets business in the United States. The company operates through Flexible Generation and Renewables segments. Its portfolio comprises approximately 11.8 GW of gross capacity in 26 states, including approximately 9 GW of wind, solar, and battery energy storage systems, (BESS); and approximately 2.8 GW of dispatchable combustion-based power generation assets included in the Flexible Generation segment that provide critical grid reliability services. The company was formerly known as NRG Yield, Inc. and changed its name to Clearway Energy, Inc. in August 2018. Clearway Energy, Inc. was incorporated in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. operates as a subsidiary of Clearway Energy Group LLC.

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Energy Vault Holdings, Inc.

Energy Vault Holdings, Inc. develops and deploys utility-scale energy storage solutions in United States, Australia, and internationally. The company offers B-Vault, an electrochemical battery energy storage solution for short-duration energy storage needs; B-Nest, a structure designed to house batteries for onsite energy storage serving space-constrained project sites; G-Vault, a gravity energy storage solution for long-duration energy storage needs; and H-Vault, a hydrogen or hybrid energy storage solution. It also provides software solutions, such as Vault-OS Energy Management System that manages one or more energy storage mediums and the underlying generation assets; Vault-Bidder, which utilizes machine learning algorithms to match node-specific data with real-time weather and asset performance information; and Vault-Manager, which safeguards asset management and to help blend developing technologies. Energy Vault Holdings, Inc. was founded in 2020 and is headquartered in Westlake Village, California.

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