PRINCETON, N.J., Nov. 25, 2024 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced that it has entered into a binding agreement to acquire the operational Tuolumne Wind Project from Turlock Irrigation District. Tuolumne Wind Project is a 137 MW wind project located in Klickitat County, WA that achieved commercial operations in 2009. The project will sell power under a new PPA with... Read More

Signed agreement with Clearway Group to commit to invest in a 500 MW solar plus storage project Received offer from Clearway Group to invest in a 320 MW storage hybridization project Reaffirming 2024 financial guidance and initiating 2025 financial guidance Increasing the quarterly dividend by 1.7% to $0.4240 per share in the fourth quarter of 2024, or $1.6960 per share annualized PRINCETON, N.J., Oct. 30, 2024 (GLOBE... Read More

PRINCETON, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Third Quarter 2024 financial results on Wednesday, October 30, 2024. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com... Read More

Signed agreement with Clearway Group to commit to invest in 314 MW of solar plus storage projects Received offer from Clearway Group to invest in a 500 MW solar plus storage project Entered into new Resource Adequacy contract for Marsh Landing Reaffirming 2024 financial guidance Increasing the quarterly dividend by 1.7% to $0.4171 per share in the third quarter of 2024, or $1.6684 per share annualized Continue to target... Read More

PRINCETON, N.J., July 10, 2024 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Second Quarter 2024 financial results on Thursday, August 1, 2024. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and... Read More

Signed agreements with Clearway Group to commit to invest in 55 MW of wind and 257 MW of solar plus storage projects Entered into new Resource Adequacy Contracts for Marsh Landing and Walnut Creek Reaffirming 2024 financial guidance Increasing the quarterly dividend by 1.7% to $0.4102 per share in the second quarter of 2024, or $1.64 per share annualized Continue to target annual dividend per share growth in the upper range... Read More

PRINCETON, N.J., April 30, 2024 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”, “Clearway”) today announced that effective June 30, 2024, Chris Sotos will move on from his position as Clearway Energy, Inc.’s President and Chief Executive Officer (“CEO”) and resign from his role as a member of CWEN’s Board of Directors to pursue other opportunities. Craig Cornelius, who is currently the CEO of the... Read More

PRINCETON, N.J., April 10, 2024 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report First Quarter 2024 financial results on Thursday, May 9, 2024. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and... Read More

Committed to approximately $215 million of new long-term corporate capital investments in 2023 Signed contracts in last twelve months ensuring that 42% of the Resource Adequacy for Marsh Landing, Walnut Creek and El Segundo is contracted in 2027, with nearly 100% contracted through 2026 Reaffirming 2024 financial guidance Increased the quarterly dividend by 1.7% to $0.4033 p er share in the first quarter of 20 24, or $1.61... Read More

PRINCETON, N.J., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced that on February 14, 2024, its Board of Directors declared a quarterly dividend on each of the Company’s Class A and Class C common stock of $0.4033 per share payable on March 15, 2024, to shareholders of record as of March 1, 2024. This quarterly dividend represents $1.6132 per share on an annualized basis, an... Read More

PRINCETOWN, N.J., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Fourth Quarter 2023 financial results on Thursday, February 22, 2024. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com... Read More

NEW YORK , Nov. 27, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the open of trading on Thursday, November 30 : Carlyle Group Inc. (NASD: CG) will replace ICU Medical Inc. (NASD: ICUI) in the S&P MidCap 400. ICU Medical will replace PacWest Bancorp (NASD: PACW) in the S&P SmallCap 600. Banc of California Inc. (NYSE: BANC) is acquiring... Read More

Signed agreement with Clearway Group to commit to invest in the 452 MW Texas Solar Nova solar projects Received enhanced offer from Clearway Group to invest in Dan's Mountain Wind Received offer from Clearway Group to invest in 572 MW of solar plus storage projects Entered into new Resource Adequacy contracts for Marsh Landing and El Segundo Reiterating 2023 financial guidance range and initiating 2024 financial guidance... Read More

PRINCETON, N.J., Oct. 16, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Third Quarter 2023 financial results on Thursday, November 2, 2023. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and... Read More

Signed agreements with Clearway Group to commit to invest in a 147 MW battery energy storage system and a 160 MW wind farm Received offer from Clearway Group to invest in a 55 MW wind farm Updating 2023 financial guidance Raising Pro Forma CAFD Outlook Increasing the quarterly dividend by 2% to $0.3891 per share in the third quarter of 2023, or $1.5564 per share annualized Continue to target annual dividend per share growth... Read More

PRINCETON, N.J., July 13, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced that wind production for its fleet in the second quarter of 2023 was approximately 25% below internal median production estimates, which was inclusive of the Alta Wind Complex’s wind production at approximately 20% below internal expectations. This deviation in the Company’s wind production index... Read More

Repowering Cedro Hill with PPA extension to 2045 and increasing project size to 160MW Increased size of revolving credit facility to $700 million Reaffirming 2023 financial guidance and pro forma CAFD outlook Increasing the quarterly dividend by 2% to $0.3818 per share in the second quarter of 20 23, or $1.5272 per share annualized Continue to target annual dividend per share growth in the upper range of 5% to 8% through... Read More

PRINCETON, N.J., April 17, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced the internal appointment of Sarah Rubenstein as Executive Vice President and Chief Financial Officer, effective April 12th. With approximately twenty-five years of experience, Rubenstein, who will continue as the Company’s principal accounting officer, will lead the Company's financial and accounting... Read More

PRINCETON, N.J., April 10, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report First Quarter 2023 financial results on Thursday, May 4, 2023. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and... Read More

Committed to approximately $348 million of new long-term corporate capital investments in 2022 Raised over $1.3 billion of corporate level capital in 2022 from the sale of Clearway's Thermal Business Signed contract for El Segundo in 2022 ensuring that 100% of the Resource Adequacy for Marsh Landing, Walnut Creek, and El Segundo is contracted through approximately 2026 Signed agreement with Clearway Group in 4Q22 to commit... Read More

PRINCETON, N.J., Feb. 16, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced that its Board of Directors declared a quarterly dividend on each of the Company’s Class A and Class C common stock of $0.3745 per share payable on March 15, 2023, to shareholders of record as of March 1, 2023. This quarterly dividend represents $1.498 per share on an annualized basis, an increase of 2.0% over the... Read More

PRINCETON, N.J., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Fourth Quarter 2022 financial results on Thursday, February 23, 2023. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com... Read More

Received offers from sponsor to invest approximately $410 million in 1.4 GW of wind, solar, and solar plus storage projects TotalEnergies acquired a 50% interest in Clearway’s sponsor from Global Infrastructure Partners Entered into new Resource Adequacy contract for El Segundo Closed acquisition of 413 MW wind portfolio Updating 2022 financial guidance, initiating 2023 financial guidance, and updating pro forma CAFD outlook... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Third Quarter 2022 financial results on Wednesday, November 2, 2022. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and clicking on “Presentations & Webcasts” under the... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced that beginning on August 29 th , the El Segundo Energy Center began a forced outage at Units 7 and 8 due to damage of a portion of the tube bundles used to condense steam. After initial repairs, both Unit 7 and 8 returned to service on September 14 th . In consultation with the Company’s Operations and Maintenance service provider, the Company plans to... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced that it has contracted for the El Segundo Energy Center to sell Resource Adequacy to Southern California Edison (“SCE”) commencing in August 2023. The agreement is for 100% of the facility’s net qualifying capacity and has a contract tenor of three years. With the execution of this contract, the Company has now contracted 100% of the Resource Adequacy for... Read More

Signed binding agreement to acquire a 413 MW wind portfolio Executed new Resource Adequacy contracts for Marsh Landing; plant now fully contracted through 2026 Reaffirming 2022 financial guidance and raising pro forma CAFD outlook TotalEnergies entered into an agreement to acquire a 50% interest in Clearway’s sponsor from Global Infrastructure Partners Increasing the quarterly dividend by 2% to $0.3604 p er share in the... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Second Quarter 2022 financial results on Tuesday, August 2, 2022. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and clicking on “Presentations & Webcasts” under the... Read More

Clearway Energy, Inc . (NYSE: CWEN, CWEN.A) (“Company”) today announced that Chad Plotkin will be stepping down from his position as Executive Vice President and Chief Financial Officer (“CFO”) of the Company. Mr. Plotkin will remain with the Company through the filing of the Company’s Quarterly Report on Form 10-Q for the three months ended June 30, 2022. "Since becoming CFO and the second permanent Clearway employee in... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced that it has entered into a binding agreement to acquire a portfolio of operating wind projects from Capistrano Wind Partners, LLC (“Capistrano Portfolio”) for, subject to closing adjustments, cash consideration of $255 million, plus the assumption of approximately $160 million of non-recourse debt. The Capistrano Portfolio consists of five utility-scale... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (the “Company”) and its renewable development partner and parent company, Clearway Energy Group LLC (“Clearway Group”), today announced that Global Infrastructure Partners (GIP) has formed a strategic partnership with TotalEnergies SE (“TotalEnergies”) in the U.S. renewable energy sector. Through this partnership, TotalEnergies will acquire half of GIP’s interest in Clearway Group,... Read More

Closed the sale of Clearway's Thermal Business on May 1st Repaid all outstanding borrowings under the revolving credit facility and the Bridge Loan Agreement Advanced previously committed growth through the initial funding of the Mililani solar project Updating 2022 financial guidance due to the closing of the Thermal transaction Increasing the quarterly dividend by 2% to $0.3536 per share in the second quarter of 2022, or... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (the “Company”) today announced that the Company, through its subsidiary Clearway Energy Operating LLC, closed the sale of its Thermal Business to KKR for total consideration of $1.9 billion 1 . “I want to again thank my former colleagues at the Thermal Business for their years of dedicated service and for providing safe and reliable operations to their customer base,” said... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report First Quarter 2022 financial results on Thursday, May 5, 2022. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and clicking on “Presentations & Webcasts” under the... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced that its Board of Directors declared a quarterly dividend on each of the Company’s Class A and Class C common stock of $0.3468 per share payable on March 15, 2022, to shareholders of record as of March 1, 2022. This quarterly dividend represents $1.3872 per share on an annualized basis, an increase of 2.0% over the fourth quarter 2021 dividend of $0.34 per share, or... Read More

PRINCETON, N.J., Feb. 08, 2022 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Fourth Quarter 2021 financial results on Monday, February 28, 2022. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and... Read More

Signed binding agreement with KKR to sell Clearway’s Thermal Business for $1.9 billion Entered into new Resource Adequacy contracts for Marsh Landing and Walnut Creek; now approximately 80% and 100% contracted, respectively, through 2026 Executed agreement to acquire the remaining 50% interest in the 530 MW Utah Solar Portfolio Committed drop down investments with 4Q21 completion dates remain on track for closing by year-end... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A), through its subsidiary Clearway Energy Operating LLC, (the “Company”), today announced it has entered into a binding agreement to sell its Thermal Business to KKR for total consideration of $1.9 billion, subject to closing adjustments. Based on current estimates, the Company expects total net cash proceeds of approximately $1.3 billion as a result of the transaction 1 . The... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Third Quarter 2021 financial results on Thursday, November 4, 2021. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and clicking on “Presentations & Webcasts” under the... Read More

Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), announced the expiration and results of its previously announced cash tender offer (the “Tender Offer”) to purchase any and all of its outstanding 5.000% senior notes due 2026 (the “2026 Notes”). The Tender Offer expired at 5:00 p.m., New York City time, on September 30, 2021 (the “Expiration... Read More

Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), has priced its offering of $350 million in aggregate principal amount of 3.750% senior notes due 2032 (the “New Notes”) at a price to the public of 100% of their face value. The New Notes will be senior unsecured obligations of Clearway Operating and will be guaranteed by Clearway Energy LLC,... Read More

Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), announced that it has commenced a cash tender offer to purchase any and all of the $350 million outstanding aggregate principal amount of its 5.000% senior notes due 2026 (the “2026 Notes”) with the net proceeds from Clearway Operating’s concurrent offering of $350 million in aggregate... Read More

Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), intends to commence an offering of $350 million in aggregate principal amount of senior notes due 2032 (the “New Notes”). The New Notes will be senior unsecured obligations of Clearway Operating and will be guaranteed by Clearway Energy LLC, Clearway Operating’s parent company, and by each of... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”) today announced that it has entered into an agreement to acquire the remaining 50% equity interest in the Utah Solar Portfolio that it does not currently own for $335 million 1 . The Utah Solar Portfolio consists of seven utility-scale solar farms located in Utah representing 530 MW of capacity that achieved commercial operations in 2016. The assets within the portfolio... Read More

2Q21 results in-line with seasonal expectations Committed investments with 2H21 COD targets remain on track for closing by year end Maintaining 2021 CAFD guidance and pro forma CAFD outlook Increasing the quarterly dividend by 1.7% to $0.3345 per share in the third quarter of 2021; On track to achieve the upper end of 5-8% annual growth target by year end Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported second... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Second Quarter 2021 financial results on Tuesday, August 3, 2021. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and clicking on “Presentations & Webcasts” under the... Read More

Raised $925 million of corporate capital through the issuance of the 2031 "Green Bond" Senior Notes Closed the acquisition of the 264 MW Mt. Storm wind project Executed a multi-year, 100 MW Resource Adequacy agreement at Marsh Landing Raising pro forma CAFD outlook Increasing the quarterly dividend by 1.5% to $0.329 per share in the second quarter of 2021; On track to achieve the upper end of 5-8% annual growth target by... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced it completed the acquisition of Mt. Storm, a 264 MW asset in Grant County, West Virginia, from Castleton Commodities International. “The closing of the Mt. Storm transaction provides the Company geographic diversification, accretive growth, and leverages Clearway’s existing platform of wind investments in West Virginia to provide for operational efficiencies,” said... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report First Quarter 2021 financial results on Thursday, May 6, 2021. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and clicking on “Presentations & Webcasts” under the... Read More

Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), announced the expiration and results of its previously announced cash tender offer (the “Tender Offer”) to purchase any and all of its outstanding 5.750% senior notes due 2025 (the “2025 Notes”). The Tender Offer expired at 5:00 p.m., New York City time, on March 8, 2021 (the “Expiration... Read More

Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), has priced its offering of $925 million in aggregate principal amount of 3.750% senior notes due 2031 (the “New Notes”) at a price to the public of 100% of their face value. The New Notes will be senior unsecured obligations of Clearway Operating and will be guaranteed by Clearway Energy LLC,... Read More

Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), intends to commence an offering of $925 million in aggregate principal amount of senior notes due 2031 (the “New Notes”). The New Notes will be senior unsecured obligations of Clearway Operating and will be guaranteed by Clearway Energy LLC, Clearway Operating’s parent company, and by each of... Read More

Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), announced that it has commenced a cash tender offer to purchase any and all of the $600 million outstanding aggregate principal amount of its 5.750% senior notes due 2025 (the “2025 Notes”) with a portion of the net proceeds from Clearway Operating’s concurrent offering of $925 million in... Read More

Closed on or committed to invest $880 million in new growth investments during 2020 Executed on $1.4 billion in capital formation through project level debt optimization, new corporate level financing, and the recycling of non-strategic assets Signed third party acquisition agreement in February 2021 for the 264 MW Mt. Storm wind project Increased quarterly dividend by 1.9% to $0.324 per share in the first quarter of 2021;... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“CWEN”, “Company”) is today announcing an update regarding the impact related to the extreme winter weather experienced recently in Texas. Certain of the Company’s wind projects were unable to operate and experienced outages due to the weather conditions. These projects are now operating within expectations. The Company continues to assess the full financial exposure related to the... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced that its Board of Directors declared a quarterly dividend on each of the Company’s Class A and Class C common stock of $0.324 per share payable on March 15, 2021 to shareholders of record as of March 1, 2021. This quarterly dividend represents $1.296 per share on an annualized basis, an increase of 1.9% over the fourth quarter 2020 dividend of $0.318 per share, or... Read More

Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Fourth Quarter 2020 financial results on Monday, March 1, 2021. Management will present the results during a conference call and webcast at 8:00 a.m. Eastern. A live webcast of the conference call, including presentation materials, can be accessed through the Company’s website at http://www.clearwayenergy.com and clicking on “Presentations & Webcasts” under the... Read More