Question · Q4 2025
Heidi Houpt sought clarification on the Texas revenue enhancement opportunities, asking if they involve PPAs expiring this year or proactive recontracting, and if there's further upside beyond the 617-megawatt number.
Answer
CEO Craig Cornelius explained that Clearway is terminating existing bank hedges on these projects and replacing them with new long-term unit-contingent Power Purchase Agreements. This converts previously hedged/merchant capacity into fully contracted assets, extending their contracted life well into the next decade.
Ask follow-up questions
Fintool can predict 
CWEN's earnings beat/miss a week before the call
