Clearway Energy, Inc. Class C (CWEN)

Clearway Energy, Inc. reported solid first-quarter results, reaffirmed its 2025 CAFD guidance, and increased its quarterly dividend by 1.7%. The company announced strong year-over-year improvements in operational performance, indicating it was on track to meet its 2024 CAFD guidance and a 7% DPS growth goal for 2024. Clearway Energy, Inc. announced a $100,000,000 ATM Equity Offering Program. Clearway Energy, Inc. signed a binding agreement to acquire an operational solar portfolio. The company reported strong third-quarter results, which led to a narrowing of its 2025 CAFD guidance towards the upper end of the range and the establishment of a 2026 CAFD guidance range. Clearway Energy, Inc. raised its quarterly dividend to $0.4528 per share (annualized $1.81), representing a 5.0% yield. Several analyst firms provided updates, with Roth Capital maintaining a "Buy" rating and raising its price target, CIBC maintaining a "Neutral" rating and raising its price target, RBC Capital initiating coverage with an "Outperform" rating, and Evercore ISI initiating with an "In-Line" rating.

Clearway Energy, Inc.'s quarterly operating results are influenced by seasonal factors and weather variability, with the majority of revenues generated during May through September due to higher contracted pricing and increased renewable resources.

Clearway Energy, Inc. operates in the Renewable Electricity and Clean Energy industry as a yieldco, generating cash flow through long-term PPAs. Its services include electricity generation from wind, solar, BESS, and natural gas assets, with a portfolio of approximately 11.8 GW of gross capacity.

Clearway Energy, Inc. has a significant geographic footprint across the United States, with its portfolio of approximately 11.8 GW of gross capacity spread across 26 states.

Clearway Energy Group, the controlling investor of Clearway Energy, Inc., was recognized in Newsweek's list of America's Most Responsible Companies 2025, reflecting positively on the brand's commitment to sustainability and responsible practices. No significant negative events impacting Clearway Energy, Inc.'s brand reputation were identified in the past year.

Clearway Energy, Inc.'s ownership is primarily composed of institutional, retail, and insider shareholders. Approximately 49.70% of the company's stock is held by institutional shareholders, 1.01% by insiders, and 49.29% by retail investors. Major institutional owners include BlackRock Inc., Vanguard Group Inc., and State Street Corp.