CWEN on NYSE
Clearway Energy, Inc.
American electric services company, incorporated in Delaware1
In its 2026 annual report the company says: “Clearway Energy, Inc., together with its consolidated subsidiaries, or the Company, is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and owner of modern, sustainable and long-term contracted assets across North America. The Company is sponsored by Clearway Energy Group LLC, or CEG.”5 It is headquartered in Princeton, New Jersey.1 Its shares trade on NYSE under the symbol CWEN.1
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Last updated Oct 21, 2026.
Overview
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- TickerCWEN on NYSE1
- IndustryElectric Services1
- HeadquartersPrinceton, New Jersey1
- Incorporated inDE3
- Business address902 Carnegie Center, Suite 520, Princeton, Nj3
- Filer categoryLarge accelerated filer3
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Clearway Energy, Inc., together with its consolidated subsidiaries, or the Company, is a publicly-traded energy infrastructure investor with a focus on investments in clean energy and owner of modern, sustainable and long-term contracted assets across North America. The Company was formed as a Delaware corporation on December 20, 2012. The Company is sponsored by Clearway Energy Group LLC, or CEG.5 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
11.2%Operating margin2
11.8%Net margin2
4.2%Revenue growth, 20252
2.9%Return on equity2
1.36×Debt to equity2
$369.0MFree cash flow2
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Energy Revenue brought in 73% of the revenue Clearway Energy, Inc. broke down this way in fiscal 2025.
Products and services by year
| Products and services | 2023 | 2024 | 2025 |
|---|---|---|---|
| Energy Revenue | $1.0B | $1.2B | $1.2B |
| Capacity Revenue | $359.0M | $327.0M | $369.0M |
| Products And Services, Other | $99.0M | $90.0M | $76.0M |
Business segments
Renewables And Storage brought in 72% of the revenue Clearway Energy, Inc. broke down this way in fiscal 2025.
Business segments by year
| Business segments | 2023 | 2024 | 2025 |
|---|---|---|---|
| Renewables And Storage | $256.0M | $379.0M | $492.0M |
| Flexible Generation | $171.0M | $238.0M | $188.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue37¢$530.0M
- Other costs20¢$287.0M
- Interest27¢$387.0M
- Income tax4¢$56.0M
- Profit12¢$169.0M
Out of $1.4B in revenue.2
Where each dollar of operating cash went, fiscal 2025
- Capital spending46¢$319.0M
- Kept or used elsewhere54¢$369.0M
Out of $688.0M of cash from operations.2
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Total operating revenues | $1.4B | $1.4B | $1.3B |
| Cost of operations, exclusive of depreciation, amortization and accretion shown separately below | $530.0M | $501.0M | $473.0M |
| Depreciation, amortization and accretion | $682.0M | $627.0M | $526.0M |
| Impairment losses | $0 | $0 | $12.0M |
| General and administrative | $41.0M | $39.0M | $36.0M |
| Transaction and integration costs | $16.0M | $8.0M | $4.0M |
| Total operating costs and expenses | $1.3B | $1.2B | $1.1B |
| Operating Income | $160.0M | $196.0M | $263.0M |
| Equity in earnings of unconsolidated affiliates | $31.0M | $35.0M | $12.0M |
| Other income, net | $29.0M | $48.0M | $52.0M |
| Loss on debt extinguishment | -$8.0M | -$5.0M | -$6.0M |
| Interest expense | -$387.0M | -$307.0M | -$337.0M |
| Total other expense, net | -$335.0M | -$229.0M | -$279.0M |
| Loss Before Income Taxes | -$175.0M | -$33.0M | -$16.0M |
| Income tax expense (benefit) | $56.0M | $30.0M | -$2.0M |
| Net Loss | -$231.0M | -$63.0M | -$14.0M |
| Less: Net loss attributable to noncontrolling interests and redeemable noncontrolling interests | -$400.0M | -$151.0M | -$93.0M |
| Net income attributable to Clearway Energy, Inc. | $169.0M | $88.0M | $79.0M |
| Weighted average number of common shares outstanding - diluted (in shares) | 35.0M shares | 35.0M shares | 35.0M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 7 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $231.0M | $332.0M | |||
| Restricted cash | $587.0M | $401.0M | |||
| Inventory | $75.0M | $64.0M | |||
| Derivative instruments | $29.0M | $39.0M | |||
| Prepayments and other current assets | $67.0M | $67.0M | |||
| Total current assets | $1.2B | $1.1B | |||
| Property, plant and equipment | $11.6B | $9.9B | |||
| Equity investments in affiliates | $291.0M | $309.0M | |||
| Intangible assets for power purchase agreements, net | $2.3B | $2.1B | |||
| Other intangible assets, net | $66.0M | $68.0M | |||
| Deferred income taxes | $172.0M | $0 | |||
| Derivative instruments | $127.0M | $136.0M | |||
| Right-of-use assets, net | $714.0M | $547.0M | |||
| Other non-current assets | $243.0M | $133.0M | |||
| Total other assets | $3.9B | $3.3B | |||
| Total Assets | $16.7B | $14.3B | |||
| Current portion of long-term debt | $708.0M | $430.0M | |||
| Derivative instruments | $52.0M | $56.0M | |||
| Accrued interest expense | $52.0M | $53.0M | |||
| Accrued expenses and other current liabilities | $79.0M | $66.0M | |||
| Total current liabilities | $1.0B | $718.0M | |||
| Long-term debt | $7.9B | $6.8B | |||
| Deferred income taxes | $45.0M | $89.0M | |||
| Derivative instruments | $308.0M | $315.0M | |||
| Long-term lease liabilities | $796.0M | $569.0M | |||
| Other non-current liabilities | $676.0M | $324.0M | |||
| Total other liabilities | $9.7B | $8.0B | |||
| Total Liabilities | $10.7B | $8.8B | |||
| Redeemable noncontrolling interest in subsidiaries | $103.0M | $104.0M | $45.0M | $0 | |
| Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued | $0 | $0 | |||
| Class A, Class B, Class C and Class D common stock, $0.01 par value; 3,000,000,000 shares authorized (Class A 500,000,000, Class B 500,000,000, Class C 1,000,000,000, Class D 1,000,000,000); 203,773,674 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 84,844,929, Class D 41,576,142) at December 31, 2025 and 202,147,579 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 82,833,226, Class D 41,961,750) at December 31, 2024 | $1.0M | $1.0M | |||
| Additional paid-in capital | $1.7B | $1.8B | |||
| Retained earnings | $213.0M | $358.0M | $178.0M | $200.0M | $254.0M |
| Accumulated other comprehensive (loss) income | -$5.0M | $3.0M | |||
| Noncontrolling interest | $3.9B | $3.6B | $3.7B | $3.5B | $3.5B |
| Total Stockholders Equity | $5.8B | $5.7B | $5.5B | $5.4B | $5.6B |
| Total Liabilities and Stockholders Equity | $16.7B | $14.3B | |||
| Par value - preferred stock (in usd per share) | $0.01 | $0.01 | |||
| Preferred stock, authorized (in shares) | 10.0M shares | 10.0M shares | |||
| Preferred stock, issued (in shares) | 0 shares | 0 shares | |||
| Common stock, shares authorized (in shares) | 3.0B shares | 3.0B shares | |||
| Common stock, shares issued (in shares) | 203.8M shares | 202.1M shares | |||
| Common stock, shares outstanding (in shares) | 203.8M shares | 202.1M shares |
| Period ending | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | $231.0M | $332.0M | |||||
| Restricted cash | $587.0M | $401.0M | |||||
| Inventory | $75.0M | $64.0M | |||||
| Derivative instruments | $29.0M | $39.0M | |||||
| Prepayments and other current assets | $67.0M | $67.0M | |||||
| Total current assets | $1.2B | $1.1B | |||||
| Property, plant and equipment | $11.6B | $9.9B | |||||
| Equity investments in affiliates | $291.0M | $309.0M | |||||
| Intangible assets for power purchase agreements, net | $2.3B | $2.1B | |||||
| Other intangible assets, net | $66.0M | $68.0M | |||||
| Deferred income taxes | $172.0M | $0 | |||||
| Derivative instruments | $127.0M | $136.0M | |||||
| Right-of-use assets, net | $714.0M | $547.0M | |||||
| Other non-current assets | $243.0M | $133.0M | |||||
| Total other assets | $3.9B | $3.3B | |||||
| Total Assets | $16.7B | $14.3B | |||||
| Current portion of long-term debt | $708.0M | $430.0M | |||||
| Derivative instruments | $52.0M | $56.0M | |||||
| Accrued interest expense | $52.0M | $53.0M | |||||
| Accrued expenses and other current liabilities | $79.0M | $66.0M | |||||
| Total current liabilities | $1.0B | $718.0M | |||||
| Long-term debt | $7.9B | $6.8B | |||||
| Deferred income taxes | $45.0M | $89.0M | |||||
| Derivative instruments | $308.0M | $315.0M | |||||
| Long-term lease liabilities | $796.0M | $569.0M | |||||
| Other non-current liabilities | $676.0M | $324.0M | |||||
| Total other liabilities | $9.7B | $8.0B | |||||
| Total Liabilities | $10.7B | $8.8B | |||||
| Redeemable noncontrolling interest in subsidiaries | $103.0M | $104.0M | $45.0M | $0 | |||
| Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued | $0 | $0 | |||||
| Class A, Class B, Class C and Class D common stock, $0.01 par value; 3,000,000,000 shares authorized (Class A 500,000,000, Class B 500,000,000, Class C 1,000,000,000, Class D 1,000,000,000); 203,773,674 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 84,844,929, Class D 41,576,142) at December 31, 2025 and 202,147,579 shares issued and outstanding (Class A 34,613,853, Class B 42,738,750, Class C 82,833,226, Class D 41,961,750) at December 31, 2024 | $1.0M | $1.0M | |||||
| Additional paid-in capital | $1.7B | $1.8B | |||||
| Retained earnings | $213.0M | $358.0M | $178.0M | $200.0M | $254.0M | ||
| Accumulated other comprehensive (loss) income | -$5.0M | $3.0M | |||||
| Noncontrolling interest | $3.9B | $3.6B | $3.7B | $3.5B | $3.5B | ||
| Total Stockholders Equity | $5.8B | $5.7B | $5.5B | $5.4B | $5.6B | $5.0B | $4.0B |
| Total Liabilities and Stockholders Equity | $16.7B | $14.3B | |||||
| Par value - preferred stock (in usd per share) | $0.01 | $0.01 | |||||
| Preferred stock, authorized (in shares) | 10.0M shares | 10.0M shares | |||||
| Preferred stock, issued (in shares) | 0 shares | 0 shares | |||||
| Common stock, shares authorized (in shares) | 3.0B shares | 3.0B shares | |||||
| Common stock, shares issued (in shares) | 203.8M shares | 202.1M shares | |||||
| Common stock, shares outstanding (in shares) | 203.8M shares | 202.1M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net Loss | -$231.0M | -$63.0M | -$14.0M |
| Equity in earnings of unconsolidated affiliates | -$31.0M | -$35.0M | -$12.0M |
| Distributions from unconsolidated affiliates | $32.0M | $34.0M | $30.0M |
| Depreciation, amortization and accretion | $682.0M | $627.0M | $526.0M |
| Amortization of financing costs and debt discounts | $15.0M | $14.0M | $13.0M |
| Amortization of intangibles | $187.0M | $182.0M | $185.0M |
| Loss on debt extinguishment | $8.0M | $5.0M | $6.0M |
| Reduction in carrying amount of right-of-use assets | $16.0M | $15.0M | $15.0M |
| Impairment losses | $0 | $0 | $12.0M |
| Changes in deferred income taxes | $53.0M | $25.0M | $13.0M |
| Changes in derivative instruments and amortization of accumulated OCI | -$13.0M | $13.0M | -$2.0M |
| Changes in other working capital | -$30.0M | -$47.0M | -$70.0M |
| Net Cash Provided by Operating Activities | $688.0M | $770.0M | $702.0M |
| Acquisitions, net of cash acquired | -$324.0M | $0 | $0 |
| Acquisition of Drop Down Assets, net of cash acquired | -$318.0M | -$678.0M | -$45.0M |
| Proceeds from transfer of assets | $152.0M | $0 | $0 |
| Capital expenditures | -$319.0M | -$287.0M | -$212.0M |
| Payment for equipment deposit | $0 | $0 | -$27.0M |
| Payment for equipment deposit and asset purchase from affiliate | -$27.0M | $0 | -$55.0M |
| Return of investments from unconsolidated affiliates | $15.0M | $41.0M | $14.0M |
| Decrease (increase) in note receivable affiliate | $0 | $184.0M | -$174.0M |
| Investments in unconsolidated affiliates | $0 | $0 | -$28.0M |
| Other | $18.0M | $15.0M | $4.0M |
| Net Cash Used in Investing Activities | -$803.0M | -$725.0M | -$523.0M |
| Contributions from noncontrolling interests, net of distributions | $1.1B | $1.5B | $1.0B |
| Proceeds from the issuance of Class C common stock | $48.0M | $0 | $0 |
| Payments of dividends and distributions | -$358.0M | -$334.0M | -$311.0M |
| Pro-rata distributions to CEG | -$19.0M | $0 | $0 |
| Tax-related distributions | $0 | -$1.0M | -$21.0M |
| Buyouts of noncontrolling interest and redeemable noncontrolling interest | -$3.0M | -$7.0M | -$13.0M |
| Proceeds from the revolving credit facility | $701.0M | $0 | $0 |
| Payments for the revolving credit facility | -$340.0M | $0 | $0 |
| Proceeds from issuance of long-term debt | $518.0M | $466.0M | $563.0M |
| Payments for long-term debt | -$1.5B | -$2.0B | -$1.3B |
| Payments of debt issuance costs | -$8.0M | -$13.0M | -$18.0M |
| Other | -$2.0M | -$1.0M | -$3.0M |
| Net Cash Provided by (Used in) Financing Activities | $200.0M | -$363.0M | -$124.0M |
| Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash | $85.0M | -$318.0M | $55.0M |
| Interest paid, net of amount capitalized | -$348.0M | -$324.0M | -$304.0M |
| Income taxes paid, net of refunds received | -$1.0M | -$1.0M | -$31.0M |
| Non-cash adjustments for change in tax basis | $40.0M | $61.0M | $4.0M |
No quarter-by-quarter statement was filed.
Corporate structure
Clearway Energy, Inc. sits at the top of its group. 488 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Clearway Energy, Inc.
- Energy Income Partners, LLC Filed SCHEDULE 13G/A on Clearway Energy, Inc., latest Aug 7, 2026 (4 filings since Feb 14, 2024)
- VANGUARD CAPITAL MANAGEMENT LLC Filed SCHEDULE 13G on Clearway Energy, Inc., latest Jul 31, 2026 (2 filings since Apr 29, 2026)
- Clearbridge Investments, LLC Filed SCHEDULE 13G/A on Clearway Energy, Inc., latest Jul 29, 2026 (2 filings since Feb 12, 2026)
- Neuberger Berman Filed SCHEDULE 13G/A on Clearway Energy, Inc., latest Jun 4, 2026 (2 filings since May 7, 2026)
- BlackRock Portfolio Management LLC Filed SCHEDULE 13D/A on Clearway Energy, Inc., latest May 1, 2026 (4 filings since Jan 30, 2025)
- TotalEnergies Filed SCHEDULE 13D/A on Clearway Energy, Inc., latest May 1, 2026 (4 filings since Sep 15, 2022)
- VANGUARD PORTFOLIO MANAGEMENT LLC Filed SCHEDULE 13G on Clearway Energy, Inc., latest Apr 29, 2026 (2 filings since Apr 29, 2026)
- BlackRock Filed SCHEDULE 13G/A on Clearway Energy, Inc., latest Apr 28, 2026 (17 filings since Dec 10, 2021)
- VANGUARD GROUP INC Filed SCHEDULE 13G/A on Clearway Energy, Inc., latest Mar 26, 2026 (9 filings since Feb 9, 2022)
- FIRST TRUST PORTFOLIOS LP Filed SCHEDULE 13G on Clearway Energy, Inc., latest Jan 27, 2026
- Global Infrastructure Investors III, LLC Filed SC 13D/A on Clearway Energy, Inc., latest Jun 28, 2024 (3 filings since May 25, 2022)
- Apollo Management Holdings GP, LLC Filed SC 13G/A on Clearway Energy, Inc., latest Feb 7, 2024 (4 filings since Feb 11, 2022)
- Clearway Energy, Inc. Princeton, New Jersey
- 2011 Finance Holdco LLC Subsidiary · Delaware, United States
- AC Solar Holdings LLC Subsidiary · Delaware, United States
- Adams Community Solar Garden I LLC Subsidiary · Colorado, United States
- Adams Community Solar Garden II LLC Subsidiary · Colorado, United States
- Adams Community Solar Garden III LLC Subsidiary · Colorado, United States
- Adams Community Solar Gardens LLC Subsidiary · Colorado, United States
- Agua Caliente Borrower 1 LLC Subsidiary · Delaware, United States
- Agua Caliente Borrower 2 LLC Subsidiary · Delaware, United States
- Agua Caliente Solar Holdings LLC Subsidiary · Delaware, United States
- Agua Caliente Solar, LLC Subsidiary · Delaware, United States
- Alta Interconnection Management II, LLC Subsidiary · Delaware, United States
- Alta Interconnection Management III, LLC Subsidiary · Delaware, United States
- Alta Interconnection Management, LLC Subsidiary · Delaware, United States
- Alta Landco LLC Subsidiary · Delaware, United States
- Alta Realty Holdings, LLC Subsidiary · Delaware, United States
- Alta Realty Investments, LLC Subsidiary · Delaware, United States
- Alta Vista LLC Subsidiary · Delaware, United States
- Alta Wind 1-5 Holding Company, LLC Subsidiary · Delaware, United States
- Alta Wind Asset Management Holdings, LLC Subsidiary · Delaware, United States
- Alta Wind Asset Management, LLC Subsidiary · Delaware, United States
- Alta Wind Company, LLC Subsidiary · Delaware, United States
- Alta Wind Holdings, LLC Subsidiary · Delaware, United States
- Alta Wind I Holding Company, LLC Subsidiary · Delaware, United States
- Alta Wind I, LLC Subsidiary · Delaware, United States
- Alta Wind II Holding Company, LLC Subsidiary · Delaware, United States
- and 462 more
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Clearway Energy, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $16.3B2 Dec 31, 2025 | $14.0B2 Dec 31, 2024 | +16.0% |
| Accumulated depreciation | $4.7B2 Dec 31, 2025 | $4.1B2 Dec 31, 2024 | +14.4% |
| Property and equipment, net | $11.6B2 Dec 31, 2025 | $9.9B2 Dec 31, 2024 | +16.6% |
| Operating-lease assets (leased space) | $714.0M2 Dec 31, 2025 | $547.0M2 Dec 31, 2024 | +30.5% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $231.0M2 Dec 31, 2025 | $332.0M2 Dec 31, 2024 | −30.4% |
| Stakes in other companies (equity method) | $291.0M2 Dec 31, 2025 | $309.0M2 Dec 31, 2024 | −5.8% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Finite-lived intangibles, gross | $3.7B2 Dec 31, 2025 | $3.4B2 Dec 31, 2024 | +10.5% |
| Accumulated amortization | $1.4B2 Dec 31, 2025 | $1.2B2 Dec 31, 2024 | +15.7% |
| Finite-lived intangibles, net | $2.4B2 Dec 31, 2025 | $2.2B2 Dec 31, 2024 | +7.6% |
Inventory
Properties, in its own words
Listed below are descriptions of the Company’s interests in operating facilities as of December 31, 2025.
Facilities · Location · COD · Counterparty · Expiration
The rest of Item 2
Flexible Generation
Carlsbad (b) · Carlsbad, CA · 523 · 523 · 100 · December 2018 · SDG&E · 2038
El Segundo (b) · El Segundo, CA · 546 · 546 · 100 · August 2013 · Various · 2027 - 2029
GenConn Devon (b) · Milford, CT · 190 · 95 · 50 · June 2010 · Connecticut Light & Power · 2040
GenConn Middletown (b) · Middletown, CT · 190 · 95 · 50 · June 2011 · Connecticut Light & Power · 2041
Marsh Landing (b) · Antioch, CA · 820 · 820 · 100 · May 2013 · Various · 2026 - 2030
Walnut Creek (b) · City of Industry, CA · 501 · 501 · 100 · May 2013 · Various · 2026 - 2027
Total Flexible Generation · 2,770 · 2,580
Utility Scale Solar
Agua Caliente · Dateland, AZ · 290 · 148 · 51 · June 2014 · PG&E · 2039
Alpine · Lancaster, CA · 66 · 66 · 100 · January 2013 · PG&E · 2033
Arica (c) · Riverside, CA · 263 · 105 · 40 · March - June 2024 · Various · 2026 - 2041
Avenal · Avenal, CA · 45 · 23 · 50 · August 2011 · PG&E · 2031
Avra Valley · Pima County, AZ · 27 · 27 · 100 · December 2012 · Tucson Electric Power · 2032
Blythe · Blythe, CA · 21 · 21 · 100 · December 2009 · SCE · 2029
Borrego · Borrego Springs, CA · 26 · 26 · 100 · February 2013 · SDG&E · 2038
Buckthorn Solar (c) · Fort Stockton, TX · 150 · 150 · 100 · July 2018 · City of Georgetown, TX · 2043
Catalina · Kern County, CA · 109 · 109 · —% (d) · November 2013 · SDG&E · 2038
CVSR · San Luis Obispo, CA · 250 · 250 · 100 · October 2013 · PG&E · 2038
Daggett 2 (c) · San Bernardino, CA · 182 · 46 · 25 · December 2023 · Various · 2038
Daggett 3 (c) · San Bernardino, CA · 300 · 75 · 25 · July - November 2023 · Various · 2033 - 2038
Desert Sunlight 250 · Desert Center, CA · 250 · 63 · 25 · December 2014 · SCE · 2034
Desert Sunlight 300 · Desert Center, CA · 300 · 75 · 25 · December 2014 · PG&E · 2039
Enterprise · Iron County, UT · 80 · 80 · 100 · July 2016 · PacifiCorp · 2036
Escalante I · Beaver County, UT · 80 · 80 · 100 · August 2016 · PacifiCorp · 2036
Escalante II · Beaver County, UT · 80 · 80 · 100 · August 2016 · PacifiCorp · 2036
Escalante III · Beaver County, UT · 80 · 80 · 100 · August 2016 · PacifiCorp · 2036
Granite Mountain East · Iron County, UT · 80 · 80 · 100 · September 2016 · PacifiCorp · 2036
Granite Mountain West · Iron County, UT · 50 · 50 · 100 · September 2016 · PacifiCorp · 2036
Iron Springs · Iron County, UT · 80 · 80 · 100 · August 2016 · PacifiCorp · 2036
Kansas South · Lemoore, CA · 20 · 20 · 100 · June 2013 · PG&E · 2033
Luna Valley (c) · Fresno County, CA · 200 · 200 · 100 · August 2025 · Various · 2040 - 2045
Mililani I (c) · Honolulu, HI · 39 · 20 · 50 · July 2022 · Hawaiian Electric Company · 2042
Oahu Solar (c) · Oahu, HI · 61 · 61 · 100 · September 2019 · Hawaiian Electric Company · 2041
Pine Forest (c) · Hopkins County, TX · 300 · 150 · 50 · December 2025 · Various · 2040 - 2045
Roadrunner · Santa Teresa, NM · 20 · 20 · 100 · August 2011 · El Paso Electric · 2031
Rosamond Central (c) · Rosamond, CA · 192 · 96 · 50 · December 2020 · Various · 2035 - 2047
Rosamond South I (c) · Rosamond, CA · 140 · 70 · 50 · August 2025 · Various · 2040
TA High Desert · Lancaster, CA · 20 · 20 · 100 · March 2013 · SCE · 2033
Texas Solar Nova 1 (c) · Kent County, TX · 252 · 126 · 50 · December 2023 · Verizon · 2042
Texas Solar Nova 2 (c) · Kent County, TX · 200 · 100 · 50 · February 2024 · Verizon · 2042
Victory Pass (c) · Riverside, CA · 200 · 80 · 40 · March 2024 · Various · 2039
Waiawa (c) · Honolulu, HI · 36 · 18 · 50 · January 2023 · Hawaiian Electric Company · 2043
Total Utility Scale Solar · 4,489 · 2,695
Utility Scale BESS
Arica (c) · Riverside, CA · 136 · 54 · 40 · March - June 2024 · Various · 2039 - 2041
Facilities · Location · Rated MW · Net MW(a) · PercentageOwnership · COD · Counterparty · Expiration
Daggett 1 (c) · San Bernardino, CA · 114 · 114 · 100 · September 2025 · SDG&E · 2040
Daggett 2 (c) · San Bernardino, CA · 131 · 33 · 25 · December 2023 · Various · 2038
Daggett 3 (c) · San Bernardino, CA · 149 · 37 · 25 · July - November 2023 · Various · 2033 - 2038
Mililani I (c) · Honolulu, HI · 39 · 20 · 50 · July 2022 · Hawaiian Electric Company · 2042
Pine Forest (c) · Hopkins County, TX · 200 · 100 · 50 · October 2025 · N/A
Rosamond Central (c) · Rosamond, CA · 147 · 74 · 50 · June 2024 · SCE · 2039
Rosamond South I (c) · Rosamond, CA · 117 · 59 · 50 · August 2025 · Various · 2035 - 2040
Victory Pass (c) · Riverside, CA · 50 · 20 · 40 · March 2024 · Various · 2039
Waiawa (c) · Honolulu, HI · 36 · 18 · 50 · January 2023 · Hawaiian Electric Company · 2043
Total Utility Scale BESS · 1,119 · 529
Distributed Solar
DGPV Funds (c) · Various · 286 · 286 · 100 · September 2015 - March 2019 · Various · 2030 - 2044
Solar Power Partners (SPP) · Various · 24 · 24 · 100 · June 2008 - June 2012 · Various · 2026 - 2037
Other DG Facilities · Various · 20 · 20 · 100 · December 2010 - October 2015 · Various · 2026 - 2039
Total Distributed Solar · 330 · 330
Wind
Alta I · Tehachapi, CA · 150 · 150 · 100 · December 2010 · SCE · 2035
Alta II · Tehachapi, CA · 150 · 150 · 100 · December 2010 · SCE · 2035
Alta III · Tehachapi, CA · 150 · 150 · 100 · February 2011 · SCE · 2035
Alta IV · Tehachapi, CA · 102 · 102 · 100 · March 2011 · SCE · 2035
Alta V · Tehachapi, CA · 168 · 168 · 100 · April 2011 · SCE · 2035
Alta X · Tehachapi, CA · 137 · 137 · 100 · February 2014 · SCE · 2038
Alta XI · Tehachapi, CA · 90 · 90 · 100 · February 2014 · SCE · 2038
Black Rock (c) · Mineral and Grant Counties, WV · 115 · 58 · 50 · December 2021 · Toyota and Google · 2036
Broken Bow · Custer County, NE · 80 · 80 · 100 · December 2012 · Nebraska Public Power District · 2032
Buffalo Bear · Buffalo, OK · 19 · 19 · 100 · December 2008 · Western Farmers Electric Co-operative · 2033
Item 2 of the 10-K filed Feb 24, 2026.5
Leadership
Who has led Clearway Energy, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
Chief financial officer
Chief operating officer
201520202025
- Chief executive officerCraig Cornelius Jul 3, 2024 to now16
- Chief executive officerChristopher S. Sotos Aug 10, 2016 to Jun 5, 202417
- PresidentCraig Cornelius Jul 3, 2024 to now16
- PresidentChristopher S. Sotos Aug 10, 2016 to Jun 5, 202417
- Chief financial officerSarah Rubenstein Apr 18, 2023 to now18
- Chief financial officerChad Plotkin Nov 7, 2016 to Jun 3, 202219
- Chief financial officerKirkland B. Andrews Jul 16, 2013 to Jun 3, 201520
- Chief operating officerMauricio Gutierrez Jul 16, 2013 to Nov 23, 201521
Board members and other officers (27)
- SVP, Accounting and ControllerSamantha Whiteman Prout Sep 10, 2026 to now22
- VP Accounting & ControllerSarah Rubenstein Nov 4, 2020 to Mar 3, 202323
- SVP, Gen Counsel and Corp SecrKevin P. Malcarney May 11, 2018 to now24
- Chief Accounting OfficerMary-Lee Stillwell Sep 5, 2018 to Jun 3, 202025
- VP & Chief Accounting OfficerRonald B. Stark Jul 16, 2013 to Jul 16, 201326
- Board memberPaige Goodwin Jul 23, 2025 to now27
- Board memberCraig Cornelius Jul 3, 2024 to now16
- Board memberOlivier Jouny Nov 4, 2024 to Nov 4, 202428
- Board memberMarc-Antoine Pignon Dec 16, 2024 to Dec 16, 202429
- Board memberJennifer Elaine Lowry Mar 3, 2022 to now30
- Board memberS.a. Total Sep 15, 2022 to now31
- Board memberGestion Usa Sarl Totalenergies Sep 27, 2022 to now32
- Board memberEmmanuel Barrois Nov 7, 2022 to Nov 7, 202233
- Board memberGuillaume Hediard Nov 7, 2022 to Nov 7, 202234
- Board memberVincent Stoquart Nov 7, 2022 to Nov 7, 202235
- Board memberDaniel B. More Feb 25, 2019 to now36
- Board memberE. Stanley Oneal Sep 10, 2018 to now37
- Board memberJonathan Bram Sep 10, 2018 to Sep 10, 201838
- Board memberNathaniel Anschuetz Sep 10, 2018 to Sep 10, 201839
- Board memberRoderick Bruce Maclennan Sep 10, 2018 to Sep 10, 201840
- Board memberScott Stanley Sep 10, 2018 to Sep 10, 201841
- Board memberJohn Chillemi V. May 16, 2016 to May 16, 201642
- Board memberChristopher S. Sotos Jul 16, 2013 to Jun 5, 202443
- Board memberFerrell P. McClean Jul 16, 2013 to Sep 6, 202244
- Board memberJohn Chlebowski Jul 16, 2013 to Dec 6, 201845
- Board memberKirkland B. Andrews Jul 16, 2013 to Jun 3, 201520
- Board memberMauricio Gutierrez Jul 16, 2013 to Nov 23, 201521
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- 2011 Finance Holdco LLC Delaware4
- AC Solar Holdings LLC Delaware4
- Adams Community Solar Garden I LLC Colorado4
- Adams Community Solar Garden II LLC Colorado4
- Adams Community Solar Garden III LLC Colorado4
- Adams Community Solar Gardens LLC Colorado4
- Agua Caliente Borrower 1 LLC Delaware4
- Agua Caliente Borrower 2 LLC Delaware4
- Agua Caliente Solar Holdings LLC Delaware4
- Agua Caliente Solar, LLC Delaware4
- Alta Interconnection Management II, LLC Delaware4
- Alta Interconnection Management III, LLC Delaware4
- Alta Interconnection Management, LLC Delaware4
- Alta Landco LLC Delaware4
- Alta Realty Holdings, LLC Delaware4
- Alta Realty Investments, LLC Delaware4
- Alta Vista LLC Delaware4
- Alta Wind 1-5 Holding Company, LLC Delaware4
- Alta Wind Asset Management Holdings, LLC Delaware4
- Alta Wind Asset Management, LLC Delaware4
- Alta Wind Company, LLC Delaware4
- Alta Wind Holdings, LLC Delaware4
- Alta Wind I Holding Company, LLC Delaware4
- Alta Wind I, LLC Delaware4
All 488 listed subsidiaries
- Alta Wind II Holding Company, LLC Delaware4
- Alta Wind II, LLC Delaware4
- Alta Wind III Holding Company, LLC Delaware4
- Alta Wind III, LLC Delaware4
- Alta Wind IV Holding Company, LLC Delaware4
- Alta Wind IV, LLC Delaware4
- Alta Wind V Holding Company, LLC Delaware4
- Alta Wind V, LLC Delaware4
- Alta Wind X Holding Company, LLC Delaware4
- Alta Wind X, LLC Delaware4
- Alta Wind X-XI TE Holdco LLC Delaware4
- Alta Wind XI Holding Company, LLC Delaware4
- Alta Wind XI, LLC Delaware4
- Apple I LLC Delaware4
- Arapahoe Community Solar Garden I LLC Colorado4
- Arica Solar Pledgor LLC Delaware4
- Arica Solar, LLC Delaware4
- Avenal Park LLC Delaware4
- Avenal Solar Holdings LLC Delaware4
- BMP Wind LLC Delaware4
- BWC Swan Pond River, LLC Delaware4
- Bashaw Solar 1, LLC Delaware4
- Big Lake Holdco LLC Delaware4
- Black Cat Road Solar, LLC Delaware4
- Black Rock Class B Holdco LLC Delaware4
- Black Rock TE Holdco LLC Delaware4
- Black Rock Wind Force, LLC Delaware4
- Black Rock Wind Holding LLC Delaware4
- Black Start Battery Holdings LLC Delaware4
- Black Start Battery LLC Delaware4
- Bluestone Solar, LLC Delaware4
- Broken Bow Wind, LLC Delaware4
- Brook Street Solar 1, LLC Delaware4
- Buckthorn Holdings, LLC Delaware4
- Buckthorn Renewables, LLC Delaware4
- Buckthorn Solar Portfolio, LLC Delaware4
- Buckthorn Westex, LLC Delaware4
- Buffalo Bear, LLC Oklahoma4
- Bullock Road Solar 1, LLC Delaware4
- CBAD Holdings II, LLC Delaware4
- CBAD Holdings, LLC Delaware4
- CMR Solar, LLC Delaware4
- CVSR Holdco LLC Delaware4
- CVSR Holdings LLC Delaware4
- CWEN Pinnacle Repowering Holdco LLC Delaware4
- CWEN Pinnacle Repowering Holdings LLC Delaware4
- CWSP Rattlesnake Holding LLC Delaware4
- Capistrano Portfolio Holdco LLC Delaware4
- Capistrano Portfolio Holdings LLC Delaware4
- Cardinal Holdings LLC Delaware4
- Cardinal Investment Holdco LLC Delaware4
- Cardinal JV Purchaser LLC Delaware4
- Cardinal Purchaser LLC Delaware4
- Carlsbad Energy Center LLC Delaware4
- Carlsbad Energy Holdings LLC Delaware4
- Carlsbad Holdco II, LLC Delaware4
- Carlsbad Holdco, LLC Delaware4
- Catalina Solar Investment Holdco LLC Delaware4
- Catalina Solar Investment LLC Delaware4
- Catalina Solar Lessee Holdco, LLC Delaware4
- Catalina Solar Lessee, LLC Delaware4
- Cedar Creek Class B Holdco LLC Delaware4
- Cedar Creek Holdco LLC Delaware4
- Cedar Creek TE Holdco LLC Delaware4
- Cedar Creek Wind Holdco LLC Delaware4
- Cedar Creek Wind Holdings LLC Delaware4
- Cedar Creek Wind, LLC Delaware4
- Cedro Hill BL Borrower Holdco LLC Delaware4
- Cedro Hill Class B Member LLC Delaware4
- Cedro Hill TE Holdco LLC Delaware4
- Cedro Hill Wind LLC Delaware4
- Center St Solar 1, LLC Delaware4
- Chestnut Class B LLC Delaware4
- Chestnut Fund Sub LLC Delaware4
- Chisago Holdco LLC Delaware4
- Clara City Solar LLC Delaware4
- Clearway & EFS Distributed Solar LLC Delaware4
- Clearway AC Solar Holdings LLC Delaware4
- Clearway Chestnut Fund LLC Delaware4
- Clearway DG Lakeland LLC Delaware4
- Clearway Energy Finance Inc. Delaware4
- Clearway Energy LLC Delaware4
- Clearway Energy Operating LLC Delaware4
- Clearway OpCo Power Marketing Holdings LLC Delaware4
- Clearway OpCo Power Marketing LLC Delaware4
- Clearway Solar Star LLC Delaware4
- Clearway Walnut Creek II LLC Delaware4
- Clearway West Holdings LLC Delaware4
- Colorado Shared Solar I LLC Delaware4
- Colorado Springs Solar Garden LLC Colorado4
- Continental Energy, LLC Arizona4
- Crofton Bluffs Wind, LLC Delaware4
- D1-LV TargetCo LLC Delaware4
- DG Berkeley Rec LLC Delaware4
- DG Berkeley Village LLC Delaware4
- DG Central East LLC Delaware4
- DG Central West LLC Delaware4
- DG Contra Costa Operations LLC Delaware4
- DG Contra Costa Waste LLC Delaware4
- DG Crystal Spring LLC Delaware4
- DG Dighton LLC Delaware4
- DG Foxborough Elm LLC Delaware4
- DG Foxborough Landfill LLC Delaware4
- DG Grantland LLC Delaware4
- DG Haverhill LLC Delaware4
- DG Imperial Admin LLC Delaware4
- DG Imperial Building LLC Delaware4
- DG Lathrop Louise LLC Delaware4
- DG Lincoln Middle LLC Delaware4
- DG Marathon LLC Delaware4
- DG Rosedale Elementary LLC Delaware4
- DG Rosedale Middle LLC Delaware4
- DG SREC HoldCo LLC Delaware4
- DG SREC Holdings 1 LLC Delaware4
- DG San Joaquin LLC Delaware4
- DG Tufts Knoll LLC Delaware4
- DG Tufts Science LLC Delaware4
- DG Washington Middle LLC Delaware4
- DG Webster LLC Delaware4
- DG-CS Holdco LLC Delaware4
- DG-CS Holdings LLC Delaware4
- DG-CS Master Borrower LLC Delaware4
- DGPV 1 LLC Delaware4
- DGPV 2 LLC Delaware4
- DGPV 3 LLC Delaware4
- DGPV 4 LLC Delaware4
- DGPV Fund 1 LLC Delaware4
- DGPV Fund 2 HoldCo A LLC Delaware4
- DGPV Fund 2 HoldCo B LLC Delaware4
- DGPV Fund 2 LLC Delaware4
- DGPV Fund 4 LLC Delaware4
- DGPV Fund 4 Sub LLC Delaware4
- DGPV Holding LLC Delaware4
- Daggett 1 Class B Member LLC Delaware4
- Daggett 1 Pledgor LLC Delaware4
- Daggett 1 TE Holdco LLC Delaware4
- Daggett 2 Class B LLC Delaware4
- Daggett 2 Project Sub II LLC Delaware4
- Daggett 2 Project Sub LLC Delaware4
- Daggett 2 TE Holdco LLC Delaware4
- Daggett 2 TargetCo LLC Delaware4
- Daggett 3 Project Sub II LLC Delaware4
- Daggett 3 Project Sub LLC Delaware4
- Daggett Class B LLC Delaware4
- Daggett Renewable Holdco LLC Delaware4
- Daggett Solar Holdco LLC Delaware4
- Daggett Solar Investment LLC Delaware4
- Daggett Solar Power 1 LLC Delaware4
- Daggett Solar Power 2 LLC Delaware4
- Daggett Solar Power 3 LLC Delaware4
- Daggett TE Holdco LLC Delaware4
- Daggett TargetCo LLC Delaware4
- Dan's Mountain Class B Holdco LLC Delaware4
- Dan's Mountain Parent Holdco LLC Delaware4
- Dan's Mountain Parent Holdings LLC Delaware4
- Dan's Mountain TargetCo LLC Delaware4
- Dan's Mountain Tax Credit Holdco LLC Delaware4
- Dan's Mountain Wind Force Pledgor LLC Delaware4
- Dan's Mountain Wind Force, LLC Delaware4
- Denver Community Solar Garden I LLC Colorado4
- Denver Community Solar Garden II LLC Colorado4
- Desert Sunlight 250, LLC Delaware4
- Desert Sunlight 300, LLC Delaware4
- Desert Sunlight Holdings LLC Delaware4
- Desert Sunlight Investment Holdings, LLC Delaware4
- Dodge Holdco LLC Delaware4
- ETCAP NES CS MN 02 LLC Delaware4
- ETCAP NES CS MN 06 LLC Delaware4
- Eastman Street Solar 1, LLC Delaware4
- El Mirage Energy, LLC Arizona4
- El Segundo Energy Center LLC Delaware4
- Elbow Creek Repowering Tax Equity Holdco LLC Delaware4
- Elbow Creek Wind Project LLC Texas4
- Elkhorn Holdings LLC Delaware4
- Elkhorn Ridge Wind, LLC Delaware4
- Enterprise Solar, LLC Delaware4
- Enterprise Storage LLC Delaware4
- Escalante BESS I LLC Delaware4
- Escalante Solar I, LLC Delaware4
- Escalante Solar II, LLC Delaware4
- Escalante Solar III, LLC Delaware4
- FUSD Energy, LLC Arizona4
- Farmington Holdco LLC Delaware4
- Federal Road Solar 1, LLC Delaware4
- Forest Lake Holdco LLC Delaware4
- Forward WindPower LLC Delaware4
- Four Brothers Holdings, LLC Delaware4
- Four Brothers Solar, LLC Delaware4
- Frontenac Holdco LLC Delaware4
- GCE Holding LLC Connecticut4
- GenConn Devon LLC Connecticut4
- GenConn Energy LLC Connecticut4
- GenConn Middletown LLC Connecticut4
- Goat Mountain Class B Holdco LLC Delaware4
- Goat Mountain TE Holdco LLC Delaware4
- Goat Wind LLC Texas4
- Golden Fields Solar III, LLC Delaware4
- Golden Fields Solar IV Bess LLC Delaware4
- Golden Fields Solar IV, LLC Delaware4
- Golden Puma Fund LLC Delaware4
- Grabinski Solar, LLC Delaware4
- Granite Mountain BESS East LLC Delaware4
- Granite Mountain Holdings, LLC Delaware4
- Granite Mountain Renewables, LLC Delaware4
- Granite Mountain Solar East, LLC Delaware4
- Granite Mountain Solar West, LLC Delaware4
- HLE Solar Holdings, LLC Delaware4
- HSD Solar Holdings, LLC California4
- High Plains Ranch II, LLC Delaware4
- Honeycomb 1 Holdco LLC Delaware4
- Honeycomb 1 Holdings LLC Delaware4
- Honeycomb Class B HoldCo LLC Delaware4
- Honeycomb Project HoldCo LLC Delaware4
- Honeycomb TE HoldCo LLC Delaware4
- Honeycomb TargetCo LLC Delaware4
- Hwy 14 Holdco LLC Delaware4
- Iron Springs BESS LLC Delaware4
- Iron Springs Holdings, LLC Delaware4
- Iron Springs Renewables, LLC Delaware4
- Iron Springs Solar, LLC Delaware4
- LV-Daggett Parent Holdco LLC Delaware4
- LV-Daggett Parent Holdings LLC Delaware4
- Langford Class B Holdco LLC Delaware4
- Langford Holding LLC Delaware4
- Langford Tax Equity Partnership LLC Delaware4
- Langford Wind Power, LLC Texas4
- Lanikuhana Solar, LLC Hawaii4
- Laredo Ridge Wind, LLC Delaware4
- Lenape II Solar LLC Delaware4
- Lighthouse Renewable Class A LLC Delaware4
- Lighthouse Renewable Holdco 2 LLC Delaware4
- Lighthouse Renewable Holdco LLC Delaware4
- Lighthouse Renewable Holding Sub LLC Delaware4
- Lighthouse Renewable Holdings LLC Delaware4
- Lindberg Field Solar 1, LLC Delaware4
- Lindberg Field Solar 2, LLC Delaware4
- Longhorn Energy, LLC Arizona4
- Lookout WindPower LLC Delaware4
- Luna Valley Class B Member LLC Delaware4
- Luna Valley Pledgor LLC Delaware4
- Luna Valley Solar I, LLC Delaware4
- Luna Valley TE Holdco LLC Delaware4
- MC1 Solar Farm, LLC North Carolina4
- Mapleton Solar LLC Delaware4
- Marsh Landing Holdco LLC Delaware4
- Marsh Landing Holdings LLC Delaware4
- Marsh Landing LLC Delaware4
- Mesquite Sky Class B Holdco LLC Delaware4
- Mesquite Sky Holding LLC Delaware4
- Mesquite Sky TE Holdco LLC Delaware4
- Mesquite Star Class B Holdco LLC Delaware4
- Mesquite Star Special, LLC Delaware4
- Mesquite Star Tax Equity Holdco LLC Delaware4
- Mililani BL Borrower Holdco LLC Delaware4
- Mililani Class B Member Holdco LLC Delaware4
- Mililani I Solar, LLC Delaware4
- Mililani TE Holdco LLC Delaware4
- Minisink Solar 1, LLC Delaware4
- Minisink Solar 2, LLC Delaware4
- Mission Iowa Wind, LLC California4
- Mission Wind Broken Bow, LLC Delaware4
- Mission Wind Cedro, LLC Delaware4
- Mission Wind Crofton Bluffs, LLC Delaware4
- Mission Wind Laredo, LLC Delaware4
- Mission Wind New Mexico, LLC Delaware4
- Mission Wind Oklahoma, LLC Delaware4
- Mission Wind PA One, LLC Delaware4
- Mission Wind PA Three, LLC Delaware4
- Mission Wind PA Two, LLC Delaware4
- Mission Wind Pennsylvania, LLC Delaware4
- Mission Wind Utah, LLC Delaware4
- Mission Wind Wyoming, LLC Delaware4
- Monster Energy, LLC Arizona4
- Montevideo Solar LLC Delaware4
- Mount Hope Solar 1, LLC Delaware4
- Mountain Wind Power II LLC Delaware4
- Mountain Wind Power, LLC Delaware4
- NIMH Solar HoldCo LLC Delaware4
- NIMH Solar Holdings LLC Delaware4
- NIMH Solar LLC Delaware4
- NS Smith, LLC Delaware4
- Natural Gas CA Holdco LLC Delaware4
- Natural Gas CA Holdings LLC Delaware4
- Natural Gas Repowering LLC Delaware4
- New Munich Solar LLC Delaware4
- Northfield Holdco LLC Delaware4
- OC Solar 2010, LLC California4
- Oahu Renewables, LLC Delaware4
- Oahu Solar Holdings LLC Delaware4
- Oahu Solar LLC Delaware4
- Ocotillo Windpower Holdco 2 LLC Delaware4
- Ocotillo Windpower Holdco LLC Delaware4
- Ocotillo Windpower Holdings LLC Delaware4
- Ocotillo Windpower, LP Delaware4
- Old Westminster Solar 1, LLC Delaware4
- Old Westminster Solar 2, LLC Delaware4
- Olinda Trail Solar LLC Delaware4
- Osakis Solar LLC Delaware4
- PC Dinuba LLC Delaware4
- PESD Energy, LLC Arizona4
- PM Solar Holdings, LLC California4
- Palisade Plains Development Partnership Holdco LLC Delaware4
- Palisade Plains Development Partnership Holdings LLC Delaware4
- Palisade Plains Development Partnership LLC Delaware4
- Partridgeville Road Solar 1, LLC Delaware4
- Pikes Peak Solar Garden I LLC Colorado4
- Pine Forest CE Class A Owner LLC Delaware4
- Pine Forest CE TargetCo LLC Delaware4
- Pine Forest Holdco LLC Delaware4
- Pine Forest Hybrid I, LLC Delaware4
- Pine Forest Solar I, LLC Delaware4
- Pine Forest TE Class A Owner LLC Delaware4
- Pine Forest TE Class B Owner LLC Delaware4
- Pine Forest TE HoldCo LLC Delaware4
- Pine Forest Term Borrower LLC Delaware4
- Pine Island Holdco LLC Delaware4
- Pinnacle Repowering Partnership Holdco LLC Delaware4
- Pinnacle Repowering Partnership LLC Delaware4
- Pinnacle Repowering Tax Equity Holdco LLC Delaware4
- Pinnacle Wind, LLC Delaware4
- Pond Road Solar, LLC Delaware4
- Portfolio Solar I, LLC Delaware4
- Puma Class B LLC Delaware4
- RPV Holding LLC Delaware4
- RS2-Spindle Holdco LLC Delaware4
- RS2-Spindle Holdings LLC Delaware4
- RS2-Spindle Purchaser LLC Delaware4
- Rattlesnake Class B LLC Delaware4
- Rattlesnake Flat, LLC Delaware4
- Rattlesnake TE Holdco LLC Delaware4
- Redbrook Solar 1, LLC Delaware4
- Renew Canal 1 LLC Delaware4
- Renew Solar CS4 Class B LLC Delaware4
- Renew Solar CS4 Fund LLC Delaware4
- Renew Spark 2 LLC Delaware4
- Repowering Partnership Holdco LLC Delaware4
- Repowering Partnership II LLC Delaware4
- Rollingstone Holdco LLC Delaware4
- Rosamond Solar Holdco LLC Delaware4
- Rosamond Solar Investment LLC Delaware4
- Rosamond South Holdco LLC Delaware4
- Rosamond South Investment LLC Delaware4
- Rosie Class B LLC Delaware4
- Rosie Project HoldCo LLC Delaware4
- Rosie South Class B LLC Delaware4
- Rosie South TE Holdco LLC Delaware4
- Rosie South TargetCo LLC Delaware4
- Rosie TE HoldCo LLC Delaware4
- Rosie TargetCo LLC Delaware4
- Rounseville Solar 1, LLC Delaware4
- SCDA Solar 1, LLC Delaware4
- SCWFD Energy, LLC Arizona4
- SJA Solar LLC Delaware4
- SPP Asset Holdings, LLC Delaware4
- SPP Fund II Holdings, LLC Delaware4
- SPP Fund II, LLC Delaware4
- SPP Fund II-B, LLC Delaware4
- SPP Fund III, LLC Delaware4
- SPP Lease Holdings, LLC Delaware4
- SPP P-IV Master Lessee, LLC Delaware4
- San Juan Mesa Investments, LLC Delaware4
- San Juan Mesa Wind Project, LLC Delaware4
- Sand Drag LLC Delaware4
- Sartell Solar LLC Delaware4
- Sleeping Bear, LLC Delaware4
- Solar AV Holdco LLC Delaware4
- Solar Alpine LLC Delaware4
- Solar Apple LLC Delaware4
- Solar Avra Valley LLC Delaware4
- Solar Blythe II LLC Delaware4
- Solar Blythe LLC Delaware4
- Solar Borrego Holdco LLC Delaware4
- Solar Borrego I LLC Delaware4
- Solar CVSR Holdings LLC Delaware4
- Solar Community 1 LLC Delaware4
- Solar Community Holdco LLC Delaware4
- Solar Flagstaff One LLC Delaware4
- Solar Iguana LLC Delaware4
- Solar Kansas South Holdings LLC Delaware4
- Solar Kansas South LLC Delaware4
- Solar Las Vegas MB 1 LLC Delaware4
- Solar Las Vegas MB 2 LLC Delaware4
- Solar Mayfair LLC Delaware4
- Solar Mule LLC Delaware4
- Solar Oasis LLC Delaware4
- Solar Roadrunner Holdings LLC Delaware4
- Solar Roadrunner LLC Delaware4
- Solar Tabernacle LLC Delaware4
- Solar Warren LLC Delaware4
- Solar Wauwinet LLC Delaware4
- Solar West Shaft LLC Delaware4
- South Trent Holdings LLC Delaware4
- South Trent Wind LLC Delaware4
- Spanish Fork Wind Park 2, LLC Utah4
- Spring Canyon Energy II LLC Delaware4
- Spring Canyon Energy III LLC Delaware4
- Spring Canyon Expansion Class B Holdings LLC Delaware4
- Spring Canyon Expansion Holdings LLC Delaware4
- Spring Canyon Expansion LLC Delaware4
- Spring Canyon Interconnection LLC Delaware4
- Spring Canyon TE Holdco LLC Delaware4
- Spring Canyon TE Holdings LLC Delaware4
- Spring Street Solar 1, LLC Delaware4
- Stafford St Solar 1, LLC Delaware4
- Stafford St Solar 2, LLC Delaware4
- Stafford St Solar 3, LLC Delaware4
- Stearns Solar I LLC Delaware4
- Steel Bridge Solar, LLC Delaware4
- Sun City Project LLC Delaware4
- TA - High Desert, LLC California4
- TOS Solar 1, LLC Delaware4
- TOS Solar 2, LLC Delaware4
- TOS Solar 4, LLC Delaware4
- TOS Solar 5, LLC Delaware4
- TSN1 BL Borrower Holdco LLC Delaware4
- TSN1 Class B Member LLC Delaware4
- TSN1 TE Holdco LLC Delaware4
- Taloga Wind, L.L.C. Oklahoma4
- Tapestry Wind, LLC Delaware4
- Texas Solar Nova 1, LLC Delaware4
- Texas Solar Nova 2, LLC Delaware4
- Topeka Solar 1, LLC Delaware4
- Tully Farms Solar 1, LLC Delaware4
- Underhill Solar, LLC Delaware4
- Utah Solar Holdings II LLC Delaware4
- Utah Solar Holdings LLC Delaware4
- Utah Solar Master HoldCo LLC Delaware4
- Utah Solar Master Holdings LLC Delaware4
- VP-Arica Class B LLC Delaware4
- VP-Arica Parent Holdco LLC Delaware4
- VP-Arica Parent Holdings LLC Delaware4
- VP-Arica TE Holdco LLC Delaware4
- VP-Arica TargetCo LLC Delaware4
- Vail Energy, LLC Arizona4
- Victory Pass I, LLC Delaware4
- Victory Pass Pledgor LLC Delaware4
- Viento Funding II, LLC Delaware4
- Viento Funding, LLC Delaware4
- WCEP Holdings, LLC Delaware4
- WECAT LLC Delaware4
- WSD Solar Holdings, LLC Delaware4
- WV Wind Holdco LLC Delaware4
- WV Wind Holdings LLC Delaware4
- Wabasha Holdco LLC Delaware4
- Wabasha Solar II LLC Delaware4
- Wabasha Solar III LLC Delaware4
- Wabasha Solar LLC Delaware4
- Waiawa Solar Power LLC Delaware4
- Waipio PV, LLC Delaware4
- Walnut Creek Energy, LLC Delaware4
- Walnut Creek LLC Delaware4
- Washington Wind Holdings LLC Delaware4
- Washington Wind LLC Delaware4
- Waterford Holdco LLC Delaware4
- Webster Holdco LLC Delaware4
- Wildcat Energy, LLC Arizona4
- Wildorado Interconnect, LLC Texas4
- Wildorado Repowering Tax Equity Holdco LLC Delaware4
- Wildorado Wind, LLC Texas4
- Wilmarth Lane Solar 1, LLC Delaware4
- Wind TE Holdco LLC Delaware4
- Winona Solar I LLC Delaware4
- Winona Solar II LLC Delaware4
- Zephyr Oahu Partnership LLC Delaware4
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Former names
Timeline
- Oct 7, 20268-K Entered a material agreement46
- Sep 28, 20268-K Entered a material agreement47
- Sep 8, 20268-K Executive or director change; Regulation FD disclosure48
- Aug 6, 20268-K Entered a material agreement; Other events49
- Aug 5, 20268-K Results of operations50
- Jul 16, 20268-K Results of operations51
- May 15, 20268-K Executive or director change; Regulation FD disclosure52
- May 7, 20268-K Results of operations53
- May 1, 20268-K Entered a material agreement; Change to shareholders' rights; Bylaws or fiscal year changed54
- Apr 2, 20268-K Entered a material agreement55
- Mar 9, 20268-K Other events56
- Feb 23, 20268-K Results of operations57
- Jul 3, 2024New chief executive Craig Cornelius becomes CEO16
- Aug 10, 2016New chief executive Christopher S. Sotos becomes CEO17
Calendar
Coming up
- Nov 3, 2026Reports results for the quarter ending Sep/2026 A year earlier it reported $2 a share, on Nov 4, 2025.58
When it reported results
- Aug 5, 2026Reported quarterly or annual results50
- Jul 16, 2026Reported quarterly or annual results51
- May 7, 2026Reported quarterly or annual results53
- Feb 23, 2026Reported quarterly or annual results57
- Nov 4, 2025Reported quarterly or annual results59
- Aug 5, 2025Reported quarterly or annual results60
- Apr 30, 2025Reported quarterly or annual results61
- Feb 24, 2025Reported quarterly or annual results62
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
595 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 63 major events, 416 insider forms, 61 large holders, 35 other. The latest 20:
- Oct 13, 20264 OWNERSHIP DOCUMENT EDGAR
- Oct 13, 20264 OWNERSHIP DOCUMENT EDGAR
- Oct 8, 20263 EDGAR
- Oct 7, 20268-K EDGAR
- Oct 5, 20264 EDGAR
- Oct 5, 20264 OWNERSHIP DOCUMENT EDGAR
- Oct 5, 20264 OWNERSHIP DOCUMENT EDGAR
- Sep 28, 20268-K EDGAR
- Sep 25, 20264 OWNERSHIP DOCUMENT EDGAR
- Sep 25, 20264 OWNERSHIP DOCUMENT EDGAR
- Sep 10, 20263 EDGAR
- Sep 8, 20268-K EDGAR
- Sep 3, 20264 EDGAR
- Sep 3, 20264 EDGAR
- Sep 3, 20264 EDGAR
- Sep 3, 20264 EDGAR
- Sep 3, 20264 EDGAR
- Sep 3, 20264 EDGAR
- Sep 3, 20264 EDGAR
- Aug 11, 20264 OWNERSHIP DOCUMENT EDGAR
The 595 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
8 open-market trades by officers, directors and large owners since October 2021: 6 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Dec 11, 2024 | Ford Brian R.Director | Sale | 2,000 | $26.74 | $53.5K | Form 4 |
| Aug 9, 2024 | ONEAL E STANLEYDirector | Buy | 3,000 | $28.35 | $85.0K | Form 4 |
| Mar 28, 2024 | TotalEnergies Gestion USA SARLDirector | Buy | 196,964 | $22.86 | $4.5M | Form 4 |
| Mar 28, 2024 | Zephyr Holdings GP, LLCDirector | Buy | 196,964 | $22.86 | $4.5M | Form 4 |
| Aug 14, 2023 | Sotos Christopher SPRESIDENT AND CEO | Buy | 4,000 | $23.68 | $94.7K | Form 4 |
| Mar 31, 2023 | TotalEnergies Renewables USA, LLCDirector | Buy | 71,980 | $31.15 | $2.2M | Form 4 |
| Mar 31, 2023 | Clearway Energy Group LLCDirector | Buy | 71,980 | $31.15 | $2.2M | Form 4 |
| Nov 15, 2022 | Sotos Christopher SPRESIDENT AND CEO | Sale | 30,000 | $35.23 | $1.1M | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Energy Income Partners, LLCSCHEDULE 13G/A, 4 filings Feb 14, 2024 to Aug 7, 202663
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 2 filings Apr 29, 2026 to Jul 31, 202664
- Clearbridge Investments, LLCSCHEDULE 13G/A, 2 filings Feb 12, 2026 to Jul 29, 202665
- Neuberger BermanSCHEDULE 13G/A, 2 filings May 7, 2026 to Jun 4, 202666
- BlackRock Portfolio Management LLCSCHEDULE 13D/A, 4 filings Jan 30, 2025 to May 1, 202667
- TotalEnergiesSCHEDULE 13D/A, 4 filings Sep 15, 2022 to May 1, 202668
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G, 2 filings Apr 29, 202669
- BlackRockSCHEDULE 13G/A, 17 filings Dec 10, 2021 to Apr 28, 202670
- VANGUARD GROUP INCSCHEDULE 13G/A, 9 filings Feb 9, 2022 to Mar 26, 202671
- FIRST TRUST PORTFOLIOS LPSCHEDULE 13G, 1 filing Jan 27, 202672
- Global Infrastructure Investors III, LLCSC 13D/A, 3 filings May 25, 2022 to Jun 28, 202473
- Apollo Management Holdings GP, LLCSC 13G/A, 4 filings Feb 11, 2022 to Feb 7, 202474
- ClearBridge Investments LtdSC 13G/A, 2 filings Feb 10, 2022 to Feb 13, 202375
- The Bank of New York MellonSC 13G/A, 3 filings Oct 12, 2021 to Sep 12, 202276
- RENAISSANCE TECHNOLOGIES LLCSC 13G/A, 1 filing Feb 10, 202277
- FMR LLCSC 13G/A, 1 filing Jan 10, 202278
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Craig Cornelius President and Chief Executive Officer | 46 | $2.9M79 | |
| 2025 | Sarah RubensteinExecutive Vice President and Chief Financial Officer | $434.0K | $1.6M79 | |
| 2025 | Kevin P. MalcarneyExecutive Vice President, General Counsel and Corporate Secretary | $430.6K | $1.4M79 | |
| 2024 | Craig Cornelius President and Chief Executive Officer | 46 | $2.9M79 | |
| 2024 | Kevin P. MalcarneyExecutive Vice President, General Counsel and Corporate Secretary | $425.9K | $1.4M79 | |
| 2024 | Sarah RubensteinExecutive Vice President and Chief Financial Officer | $418.8K | $1.4M79 | |
| 2023 | Kevin P. MalcarneyExecutive Vice President, General Counsel and Corporate Secretary | $410.2K | $1.1M79 | |
| 2023 | Sarah RubensteinExecutive Vice President and Chief Financial Officer | $369.4K | $1.0M79 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| BlackRock, Inc. | 18,395,824 | $628.8M | 0.0% | +4,478,807 |
| Vanguard Portfolio Management LLC | 7,287,314 | $249.1M | 0.0% | +2,029,839 |
| Clearbridge Investments, LLC | 5,612,012 | $191.8M | 0.2% | +408,041 |
| Vanguard Capital Management LLC | 5,459,556 | $186.6M | 0.0% | +1,916,356 |
| Neuberger Berman Group LLC | 4,616,981 | $157.9M | 0.1% | +152,731 |
| Charles Schwab Investment Management Inc | 4,356,248 | $148.9M | 0.0% | +3,160,220 |
| State Street Corp | 4,115,231 | $140.7M | 0.0% | +1,370,959 |
| Morgan Stanley | 3,612,445 | $123.5M | 0.0% | +561,491 |
| Bank of New York Mellon Corp | 3,174,715 | $108.5M | 0.0% | +662,028 |
| Invesco Ltd. | 3,096,937 | $105.9M | 0.0% | +622,391 |
| Geode Capital Management, LLC | 2,322,405 | $79.4M | 0.0% | +738,934 |
| Legal & General Group Plc | 2,301,213 | $78.7M | 0.0% | +367,307 |
| Dimensional Fund Advisors LP | 1,645,863 | $56.3M | 0.0% | +456,396 |
| Northern Trust Corp | 1,545,365 | $52.8M | 0.0% | +237,822 |
| Franklin Resources Inc | 1,482,760 | $50.7M | 0.0% | −70,378 |
| Goldman Sachs Group Inc | 1,188,896 | $40.6M | 0.0% | +852,494 |
| Nuveen, LLC | 1,048,357 | $35.8M | 0.0% | +838,484 |
| Amundi | 1,044,550 | $35.7M | 0.0% | +901,332 |
| First Trust Advisors LP | 1,034,429 | $35.4M | 0.0% | −185,333 |
| Two Sigma Investments, LP | 909,064 | $31.1M | 0.0% | −356,220 |
| UBS Group AG | 907,589 | $31.0M | 0.0% | +172,179 |
| Bank Of America Corp /de/ | 902,716 | $30.9M | 0.0% | +59,092 |
| Norges Bank | 835,381 | $28.6M | 0.0% | New |
| Vanguard Fiduciary Trust Co | 769,278 | $26.3M | 0.0% | +240,288 |
| Gotham Asset Management, LLC | 767,343 | $26.2M | 0.1% | +107,575 |
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
5 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Oct 25, 2024 | Maria Elvira SalazarRepublican, House | Sale | $15,001 - $50,000 | +18.1% | Report |
| Apr 26, 2024 | Maria Elvira SalazarRepublican, House | Buy | $15,001 - $50,000 | −22.5% | Report |
| Apr 5, 2021 | Thomas R Carper, Senate | Buy | $1,001 - $15,000 | −83.8% | Report |
| Jun 24, 2019 | Donna Shalala, House | Sale | $1,001 - $15,000 | +86.5% | Report |
| Apr 16, 2019 | Donna Shalala, House | Buy | $1,001 - $15,000 | −78.2% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
SEC filer profile
How Clearway Energy, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARClearway Energy, Inc.1
- CIK0001567683
- Employer ID (EIN)46-17772045
- Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company5
- Incorporated inDelaware5
- Fiscal year endsDecember 311
- Industry code (SIC)4911 Electric Services1
- SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
- Business address902 Carnegie Center, Suite 520, Princeton, NJ1
- Phone609-608-15251
- Shares outstanding34,613,853 Common Class A shares; 42,738,750 Common Class B shares; 86,290,173 Common Class C shares; 41,576,142 Common Class D shares as of Jan 31, 20265
- Public float$2.8B as of Jun 30, 20255
- AuditorPricewaterhouseCoopers LLP, Baltimore, Maryland PCAOB ID 238; it also attests to the company’s internal control over financial reporting5
- On EDGAR sinceFeb 13, 20131
- Filings1,314 in all: 4 (668), 8-K (201), SC 13G/A (112), 10-Q (40), SC 13G (39), 3 (38), DEFA14A (23), UPLOAD (21)1
All 45 form types
4/A (19), CORRESP (16), 10-K (13), DEF 14A (13), S-3ASR (9), SCHEDULE 13G/A (9), 424B5 (8), SC 13D/A (8), SCHEDULE 13G (8), S-1/A (7), 8-K/A (6), ARS (6), PRE 14A (5), SCHEDULE 13D/A (5), 10-K/A (3), 424B4 (3), CT ORDER (3), S-8 (3), SC 13D (3), 424B2 (2), 8-A12B/A (2), CERTNYS (2), EFFECT (2), S-1 (2), SC TO-C (2), SEC STAFF LETTER (2), 144 (1), 25-NSE (1), 424B3 (1), 8-A12B (1), DRS (1), DRS/A (1), DRSLTR (1), POSASR (1), SC TO-I (1), SC TO-I/A (1), SCHEDULE 13D (1)
- Latest filingsAnnual report (10-K) Feb 24, 2026
Quarterly report (10-Q) Aug 5, 2026
Proxy statement (DEF 14A) Mar 24, 2026
Latest 8-K (8-K) Oct 7, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Class A Common Stock, par value $0.01 | CWEN.A | New York Stock Exchange |
| Class C Common Stock, par value $0.01 | CWEN | New York Stock Exchange |
From the cover page of the 10-K filed Feb 24, 2026 (Section 12(b) of the Exchange Act).5
Risk factors and legal proceedings
The risks Clearway Energy, Inc. names in Item 1A of its 10-K filed Feb 24, 2026: 50 risks under these headings, as written.5
- Risks Related to the Company’s Business
- Risks Related to the Company’s Relationship with CEG
- Risks Related to Regulation
- Risks Related to the Company’s Common Stock
- Risks Related to Taxation
- Pursuant to the Company’s cash dividend policy, the Company intends to distribute a significant amount of the CAFD through regular quarterly distributions and dividends, and the Company’s ability to grow and make investments and acquisitions through cash on hand is limited.
- The Company may not be able to effectively identify or consummate any future investments or acquisitions on favorable terms, or at all, and future investments or acquisitions may not be accretive as a result of incorrect assumptions in the Company’s evaluation of such investments or acquisitions, unforeseen consequences or other external events beyond the Company’s control.
- Counterparties to the Company’s offtake agreements may not fulfill their obligations and, as the contracts expire or terminate, the Company may not be able to replace them with agreements on similar terms, or at all.
- The Company’s ability to effectively consummate future investments or acquisitions will also depend on the Company’s ability to arrange the required or desired financing for such transactions.
- The Company’s indebtedness could adversely affect its ability to raise additional capital to fund the Company’s operations or pay dividends. It could also expose the Company to the risk of increased interest rates and limit the Company’s ability to react to changes in the economy or the Company’s industry as well as impact the Company’s results of operations, financial condition and cash flows.
- Certain of the Company’s long-term bilateral contracts result from state-mandated procurements and could be declared invalid by a court of competent jurisdiction.
- The generation of electric energy from solar and wind energy sources depends heavily on suitable meteorological conditions.
The other 43 risks
- Operation of electric generation facilities involves significant risks and hazards customary to the power industry that could have a material adverse effect on the Company’s business, financial condition, results of operations and cash flows.
- The Company’s facilities may operate, wholly or partially, without long-term power sales agreements.
- Maintenance, expansion and refurbishment of electric generation facilities involve significant risks that could result in unplanned power outages or reduced output.
- Supplier concentration at certain of the Company’s facilities and the inability of suppliers to meet their obligations may expose the Company to significant financial credit or performance risks.
- The Company currently owns, and in the future may acquire, certain assets in which the Company has limited control over management decisions and its interests in such assets may be subject to transfer or other related restrictions.
- The Company is exposed to risks inherent in the use of interest rate swaps and energy-related financial instruments. The Company may be exposed to additional risks in the future if it utilizes other derivative instruments.
- The Company does not own all of the land on which its facilities are located, which could result in disruption to its operations.
- The Company’s use and enjoyment of real property rights for its facilities may be adversely affected by the rights of lienholders and leaseholders that are superior to those of the grantors of those real property rights to the Company.
- The Company’s businesses are subject to physical, market and economic risks relating to potential effects of climate change and public and governmental initiatives to address climate change.
- Risks that are beyond the Company’s control, including but not limited to acts of terrorism or related acts of war, natural disasters, severe weather, changes in weather patterns, flooding, wildfires, pandemics, inflation, supply chain disruptions, hostile cyber intrusions or other catastrophic events, could have a material adverse effect on the Company’s business, financial condition, results of operations and cash flows.
- The operation of the Company’s businesses is subject to cyber-based security and integrity risk.
- The Company relies on electric distribution and transmission facilities that it does not own or control and that are subject to transmission constraints within a number of the Company’s regions. If these facilities fail to provide the Company with adequate transmission capacity, it may be restricted in its ability to deliver electric power to its customers and may either incur additional costs or forego revenues.
- The Company’s costs, results of operations, financial condition and cash flows could be adversely impacted by the disruption of the fuel supplies necessary to generate power at its facilities in the Flexible Generation segment.
- The Company depends on key personnel and its and CEG’s ability to attract and retain additional skilled management and other personnel, the loss of any of which could have a material adverse effect on the Company’s financial condition and results of operations.
- The Company may potentially be adversely affected by emerging technologies that may over time impact capacity markets and the energy industry overall.
- The Company has identified a material weakness in its internal control over financial reporting related to hypothetical liquidation at book value (HLBV) accounting that, if not properly remediated, could adversely affect its business and results of operations.
- Risks Related to the Company’s Relationships with CEG
- CEG exercises substantial influence over the Company, and the Company is highly dependent on CEG.
- CEG controls the Company and has the ability to designate a majority of the members of the Company’s Board of Directors.
- The Company may not be able to consummate future acquisitions from CEG.
- The Company may be unable to terminate the CEG Master Services Agreement, in certain circumstances.
- If CEG terminates the CEG Master Services Agreement or defaults in the performance of its obligations under the agreement, the Company may be unable to contract with a substitute service provider on similar terms, or at all.
- The liability of CEG is limited under the Company’s arrangements with it, and the Company has agreed to indemnify CEG against claims that it may face in connection with such arrangements, which require the Company to satisfy significant indemnification obligations.
- Certain of the Company’s PPAs and facility-level financing arrangements include provisions that would permit the counterparty to terminate the contract or accelerate maturity in the event CEG ceases to control or own, directly or indirectly, a majority of the voting power of the Company.
- The Company is a “controlled company”, controlled by CEG, and as a result, is exempt from certain corporate governance requirements that are designed to provide protection to stockholders of companies that are not controlled companies.
- The Company’s business is subject to restrictions resulting from environmental, health and safety laws and regulations.
- The electric generation business is subject to substantial governmental regulation and may be adversely affected by changes in laws or regulations, as well as liability under, or any future inability to comply with, existing or future regulations or other legal requirements.
- The Company is subject to environmental laws and regulations that impose extensive and increasingly stringent requirements on its operations, as well as potentially substantial liabilities arising out of environmental contamination.
- The Company’s business is subject to complex and evolving U.S. laws and regulations regarding privacy and data protection. Many of these laws and regulations are subject to change and uncertain interpretation, and could result in claims, increased cost of operations, or otherwise harm the Company’s business.
- Government regulations providing incentives for renewable power generation and battery energy storage could change at any time and such changes may negatively impact the Company’s growth strategy.
- Changes in U.S. foreign trade policies, including the imposition of additional tariffs and other trade barriers, and efforts to withdraw from or materially modify international trade agreements, may have a material adverse effect on the Company’s business, operations and financial condition.
- The Company may not be able to continue paying comparable or growing cash dividends to holders of its common stock in the future.
- The Company is a holding company and its primary asset is its interest in Clearway Energy LLC, and the Company is accordingly dependent upon distributions from Clearway Energy LLC and its subsidiaries to pay dividends and taxes and other expenses.
- Market interest rates may have an effect on the value of the Company’s Class A and Class C common stock.
- Market volatility and reports by securities or industry analysts may affect the price of the Company’s Class A and Class C common stock.
- Provisions of the Company’s charter documents or Delaware law could delay or prevent an acquisition of the Company, even if the acquisition would be beneficial to holders of the Company’s Class A and Class C common stock, and could make it more difficult to change management.
- Investors may experience dilution of their ownership interest due to the future issuance of additional shares of the Company’s Class A or Class C common stock.
- Future sales of the Company’s Class A or Class C common stock by CEG may cause the price of the Company’s Class A or Class C common stock to fall.
- The Company’s future tax liability may be greater than expected if the Company does not generate NOLs sufficient to offset taxable income, if federal, state and local tax authorities challenge certain of the Company’s tax positions and exemptions or if changes in federal, state and local tax laws occur. The Company may incur contractual obligations from the indemnification of third parties if tax authorities challenge the amount or availability of ITCs, PTCs or related tax benefits that the Company is obligated to provide to such third parties under such contractual arrangements.
- The Company’s ability to use NOLs to offset future income may be limited.
- A valuation allowance may be required for the Company’s deferred tax assets.
- Distributions to holders of the Company’s Class A and Class C common stock may be taxable.
- Changes in tax laws or policies, including but not limited to changes in corporate income tax rates, as well as judgments and estimates used in the determination of tax-related asset and liability amounts, could have a material adverse effect on the Company’s business, financial condition, results of operations and prospects.
- The Company’s ability to comply with tax laws and policies may depend on its contractual arrangements and information provided by third parties and may require significant resources.
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 27SEC EDGARPaige Goodwin, Board member
- 28SEC EDGAROlivier Jouny, Board member
- 29SEC EDGARMarc-Antoine Pignon, Board member
- 30SEC EDGARJennifer Elaine Lowry, Board member
- 31SEC EDGARS.a. Total, Board member
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- 33SEC EDGAREmmanuel Barrois, Board member
- 34SEC EDGARGuillaume Hediard, Board member
- 35SEC EDGARVincent Stoquart, Board member
- 36SEC EDGARDaniel B. More, Board member
- 37SEC EDGARE. Stanley Oneal, Board member
- 38SEC EDGARJonathan Bram, Board member
- 39SEC EDGARNathaniel Anschuetz, Board member
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- 41SEC EDGARScott Stanley, Board member
- 42SEC EDGARJohn Chillemi V., Board member
- 43SEC EDGARChristopher S. Sotos, Board member
- 44SEC EDGARFerrell P. McClean, Board member
- 45SEC EDGARJohn Chlebowski, Board member
- 46SEC EDGAREntered a material agreement
- 47SEC EDGAREntered a material agreement
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- 50SEC EDGARResults of operations
- 51SEC EDGARResults of operations
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- 53SEC EDGARResults of operations
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- 55SEC EDGAREntered a material agreement
- 56SEC EDGAROther events
- 57SEC EDGARResults of operations
- 58NasdaqNasdaq calendar
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