Earnings summaries and quarterly performance for Clearway Energy.
Executive leadership at Clearway Energy.
Board of directors at Clearway Energy.
Brian R. Ford
Detailed
Lead Independent Director
Bruce MacLennan
Detailed
Director
Daniel B. More
Detailed
Director
E. Stanley O’Neal
Detailed
Director
Jennifer Lowry
Detailed
Director
Jonathan Bram
Detailed
Chairman of the Board
Marc-Antoine Pignon
Detailed
Director
Nathaniel Anschuetz
Detailed
Director
Olivier Jouny
Detailed
Director
Paige Goodwin
Detailed
Director
Research analysts who have asked questions during Clearway Energy earnings calls.
Dimple Gosai
Bank of America
4 questions for CWEN
Also covers: ARRY, BE, ENPH +6 more
Justin Clare
Roth MKM
4 questions for CWEN
Also covers: AMPS, AMSC, ATKR +10 more
Mark Jarvi
CIBC Capital Markets
4 questions for CWEN
Also covers: AQN, AY, BEP +6 more
Corinne Blanchard
Deutsche Bank
2 questions for CWEN
Also covers: CSTM, GWH, LAAC +5 more
Hannah Velásquez
Jefferies
2 questions for CWEN
Also covers: FLNC, ORA, RUN +1 more
Heidi Hauch
BNP Paribas
2 questions for CWEN
Also covers: HASI
Mike McNulty
Deutsche Bank
2 questions for CWEN
Also covers: ENLT
Nelson Ng
RBC Capital Markets
2 questions for CWEN
Also covers: AQN, AY, BBU +3 more
Noah Kaye
Oppenheimer & Co. Inc.
2 questions for CWEN
Also covers: AAON, AMRC, BWA +16 more
Steven Fleishman
Wolfe Research
2 questions for CWEN
Also covers: AEP, CEG, CNP +18 more
Steve Fleishman
Wolfe Research, LLC
1 question for CWEN
Also covers: AEP, CEG, CNP +11 more
Recent press releases and 8-K filings for CWEN.
Clearway Energy, Inc. Subsidiary to Acquire Battery Energy Storage and Solar Facilities
CWEN
M&A
New Projects/Investments
- On November 24, 2025, Clearway Energy, Inc.'s subsidiary, RS2-Spindle Purchaser LLC, entered into a Membership Interest Purchase Agreement to acquire certain limited liability company membership interests in RS2-Spindle TargetCo LLC.
- This transaction will result in Clearway Energy, Inc. becoming the indirect owner of Spindle Battery LLC and Golden Fields Solar VI, LLC.
- Spindle Battery is developing an approximately 199 megawatt battery energy storage system facility in Weld County, Colorado.
- Golden Fields Solar VI is developing an approximately 92 megawatt battery energy storage system facility in Kern County, California.
- The base purchase price for the acquisition is approximately $45.7 million for Spindle Battery and approximately $47.2 million for Golden Fields Solar VI, in cash and subject to customary working capital adjustments. The closing of the transaction is expected to occur during the second half of 2026.
Dec 2, 2025, 11:00 AM
Clearway Energy, Inc. Reports Strong Q3 2025 Performance and Raises Long-Term Targets
CWEN
Earnings
Guidance Update
New Projects/Investments
- Clearway Energy, Inc. (CWEN) reported Q3 2025 Adjusted EBITDA of $385 million and CAFD of $166 million.
- The company narrowed its 2025 CAFD guidance to $420-440 million and established 2026 CAFD guidance at $470-510 million.
- CWEN increased its 2027 CAFD per share (CAFDPS) target to $2.70 or better and set a 2030 CAFDPS target of $2.90-3.10, representing a 7-8% CAGR over 2025-2030.
- The company is strategically focused on meeting data center demand, having signed or awarded 1.8 GW of PPAs to Clearway Group for active development.
- CWEN's funding model for long-term growth includes increasing retained cash flows with a payout ratio targeting less than 70% after 2030, maintaining corporate leverage at 4.0-4.5x, and making modest, accretive equity issuances.
Nov 4, 2025, 10:00 PM
Clearway Energy, Inc. Reports Q3 2025 Results and Updates Financial Targets
CWEN
Guidance Update
New Projects/Investments
M&A
- Clearway Energy, Inc. reported Q3 2025 Adjusted EBITDA of $385 million and CAFD of $166 million.
- The company narrowed its 2025 CAFD guidance to $420-$440 million and established 2026 CAFD guidance at $470-$510 million.
- CWEN is targeting a CAFD per share goal of $2.90-$3.10 by 2030, representing a 7%-8% growth CAGR from its 2025 guidance midpoint, building on a path to achieve $2.70 or better by 2027.
- Growth is expected to be funded by increasing use of retained cash flow, prudent debt, and modest equity issuances, with a long-term payout ratio targeted to be less than 70% beyond 2030.
- Strategic growth pathways include successful execution of multiple acquisitions (three transactions consummated at cap yields above 12% in the last year), well-performing dropdowns, and a robust development pipeline, including 1.8 gigawatts of PPAs executed for data center loads.
Nov 4, 2025, 10:00 PM
Clearway Energy Reports Q3 2025 Results and Updates Financial Guidance
CWEN
Earnings
Guidance Update
New Projects/Investments
- Clearway Energy reported Q3 2025 Adjusted EBITDA of $385 million and CAFD of $166 million, with year-to-date figures of $980 million and $395 million respectively.
- The company narrowed its 2025 CAFD guidance to $420-$440 million and established 2026 CAFD guidance at $470-$510 million.
- Clearway Energy is well-positioned to achieve its 2027 CAFD per share target of $2.70 or better and has set a 2030 CAFD per share goal of $2.90-$3.10, reflecting a 7%-8% growth CAGR from the 2025 guidance midpoint.
- Growth is driven by successful execution of acquisitions, repowerings, sponsor-developed dropdowns, and strong traction in supporting the energy needs of the U.S. digital infrastructure build-out and reindustrialization.
- The company plans to fund growth using retained cash flow, prudent debt, and modest equity issuances, targeting a long-term payout ratio of less than 70% beyond 2030.
Nov 4, 2025, 10:00 PM
Clearway Energy Reports Q3 2025 Results and Updates Financial Targets
CWEN
Earnings
Guidance Update
New Projects/Investments
- Clearway Energy reported Q3 2025 Adjusted EBITDA of $385 million and Cash Available for Distribution (CAFD) of $166 million.
- The company narrowed its 2025 CAFD guidance to $420 million-$440 million and established 2026 CAFD guidance at $470 million-$510 million.
- Clearway Energy set a 2030 CAFD per share goal of $2.90-$3.10, reflecting a 7%-8% growth CAGR from its 2025 guidance midpoint.
- The company's growth strategy includes increasingly using retained cash flow as a funding source, targeting a long-term payout ratio of less than 70% beyond 2030, and leveraging a robust development pipeline, including over 6.5 GW of projects by Clearway Group for 2028-2029.
Nov 4, 2025, 10:00 PM
Clearway Energy, Inc. Reports Q3 2025 Financial Results and Updates Guidance
CWEN
Earnings
Guidance Update
M&A
- Clearway Energy, Inc. reported Net Income of $60 million, Adjusted EBITDA of $385 million, and Cash Available for Distribution (CAFD) of $166 million for the third quarter of 2025.
- The company narrowed its 2025 full-year CAFD guidance to $420 million to $440 million and established 2026 full-year CAFD guidance of $470 million to $510 million.
- CWEN signed a binding agreement to acquire a 613 MW operational solar portfolio from a third party, with a net capital commitment expected to be between $210 million and $230 million.
- The company also opportunistically raised approximately $50 million of equity through its issuance program and expanded its investment opportunity set to over 2 GW for 2026 and 2027.
- A quarterly dividend of $0.4528 per share was declared, payable on December 15, 2025.
Nov 4, 2025, 9:02 PM
Nextracker and T1 Energy Announce Strategic Agreement
CWEN
New Projects/Investments
Product Launch
- Nextracker and T1 Energy Inc. have signed a strategic framework agreement for T1 Energy's new 5-GW G1_Dallas solar manufacturing facility to utilize Nextracker’s patented steel module frame technology.
- This partnership aims to accelerate the industry's transition to made-in-the-USA frames using locally manufactured specialty steel, thereby increasing domestic content and reducing reliance on imported aluminum.
- Nextracker plans to expand its U.S. steel frame manufacturing capacity in the Midwest and Texas, creating high-quality jobs and complementing its existing manufacturing footprint.
- T1 Energy is focused on building an integrated U.S. supply chain for solar and batteries, having completed a transformative transaction in December 2024 to position itself as a leading U.S. solar manufacturing company.
Oct 15, 2025, 11:05 AM
Clearway Energy, Inc. Announces Sale of Equity Interests in Solar Projects
CWEN
M&A
New Projects/Investments
- Clearway Energy, Inc. (CWEN) is involved in the sale of 100% of the equity interests (Units) in Caprock 2, Symphony Sun Holdco 1, and Symphony Breeze Holdco 1 to Clearway Purchaser, Fengate Purchaser 1, and Fengate Purchaser 2.
- These entities and their subsidiaries are engaged in the development, management, ownership, and operation of utility-scale solar energy generation projects.
- The Closing Purchase Price for these Units is based on a Base Purchase Price, which is subject to various adjustments. However, the documents contain conflicting definitions for the "Base Purchase Price," with one stating $225,770,125 and another stating $159,031,613. The documents do not definitively clarify which Base Purchase Price applies to the specific transaction described.
- The closing of the transaction will occur at the offices of White & Case LLP.
Oct 6, 2025, 8:06 PM
Clearway Energy, Inc. Signs Agreement to Acquire Solar Portfolio
CWEN
M&A
New Projects/Investments
Guidance Update
- Clearway Energy, Inc. has entered into a binding agreement to acquire a 613 MWac operational solar portfolio from Deriva Energy, LLC.
- The company expects a total long-term corporate capital investment of approximately $210-230 million for the portfolio.
- The acquisition is projected to be immediately accretive, generating an incremental five-year average annual asset CAFD of approximately $27 million starting January 1, 2027, with a 5-year annual CAFD yield over 12%.
- This acquisition is expected to position the company to deliver at the top end or better of its 2027 CAFD per share target range of $2.50 - $2.70.
- The transaction is anticipated to close by the second quarter of 2026 and will be funded without requiring incremental equity issuances beyond those already planned.
Oct 6, 2025, 10:02 AM
Clearway Energy Inc. Updates 2025 CAFD Guidance and Raises 2027 CAFD Per Share Target
CWEN
Guidance Update
New Projects/Investments
Earnings
- Clearway Energy reported Q2 2025 adjusted EBITDA of $343 million and CAFD of $152 million.
- The company updated its 2025 CAFD guidance range to $405 million to $440 million, raising the bottom end and continuing to target the higher end. Additionally, the 2027 CAFD per share target range was increased to $2.5 to $2.7, with a long-term objective of 5% to 8% CAFD per share growth beyond 2027.
- Key growth initiatives include the repowering of Mount Storm (2026/2027) and Goat Mountain (2027 commercial operation date, $200 million corporate capital investment at over 10% CAFD yield). The company also received an offer for a 291 megawatt battery storage portfolio for 2026.
- Funding for planned growth investments will utilize $270 million or more of retained CAFD from 2025 to 2027, $600 million or greater in excess debt capacity, and opportunistic equity issuance.
Aug 6, 2025, 10:35 AM
Quarterly earnings call transcripts for Clearway Energy.
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more