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Clearway Energy, Inc. Class C - $CWEN STOCK NEWS

Welcome to our dedicated page for Clearway Energy Class C news (Ticker: $CWEN), a resource for investors and traders seeking the latest updates and insights on Clearway Energy Class C stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Clearway Energy Class C's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Clearway Energy Class C's position in the market.

Rhea-AI Summary

Clearway Energy, Inc. announced CEO transition where Chris Sotos will step down as CEO and Craig Cornelius will take over. The transition is effective June 30, 2024. Sotos led the company to financial success since its 2013 IPO, and Cornelius has a proven track record in renewable energy. The company reaffirmed its 2024 full year CAFD guidance of $395 million, anticipating growth investments and renewable energy production estimates.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
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none
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Rhea-AI Summary
Clearway Energy, Inc. (CWEN) to report First Quarter 2024 financial results on May 9, 2024. The management will host a conference call and webcast at 8:00 a.m. Eastern. Access the live webcast on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.13%
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conferences earnings
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Rhea-AI Summary
Clearway Energy, Inc. reported a Net Loss of $14 million for 2023 but remains positive with new capital investments and contract signings. Adjusted EBITDA was $1,058 million, Cash from Operating Activities at $702 million, and CAFD of $342 million. The quarterly dividend increased by 1.7% to $0.4033 per share in Q1 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.56%
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Rhea-AI Summary
Clearway Energy, Inc. (CWEN) announced a quarterly dividend increase of 1.7% to $0.4033 per share, totaling $1.6132 annually. The dividend is payable on March 15, 2024, to shareholders of record as of March 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.47%
Tags
dividends
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Rhea-AI Summary
Clearway Energy, Inc. (CWEN) is set to announce its Fourth Quarter 2023 financial results on February 22, 2024. The management will present the results during a conference call and webcast at 8:00 a.m. Eastern. The live webcast can be accessed through the company's website, and the presentation materials will be available for viewing. The webcast will also be archived for later viewing.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.67%
Tags
conferences earnings
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Rhea-AI Summary
Clearway Energy, Inc. reported Q3 2023 financial results, including Net Income of $15 million, Adjusted EBITDA of $323 million, Cash from Operating Activities of $287 million, and Cash Available for Distribution (CAFD) of $156 million. They signed an agreement with Clearway Group to invest in the 452 MW Texas Solar Nova solar projects, received an enhanced offer to invest in Dan's Mountain Wind, and received an offer to invest in 572 MW of solar plus storage projects. They also entered into new Resource Adequacy contracts for Marsh Landing and El Segundo. The company is reiterating its 2023 financial guidance and increasing the quarterly dividend by 2%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.94%
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Rhea-AI Summary
Clearway Energy to report Q3 2023 financial results on November 2, 2023
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End-of-Day
-0.63%
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conferences earnings
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Rhea-AI Sentiment
End-of-Day
4.31%
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none
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Clearway Energy, Inc. Class C

NYSE:CWEN

CWEN Rankings

CWEN Stock Data

2.90B
116.38M
0.99%
99%
1.82%
Solar Electric Power Generation
Utilities
Link
United States of America
PRINCETON

About CWEN

Clearway is one of the largest developers and operators of clean energy in the United States with over 5.7 gigawatts of wind, solar, and energy storage in operation, including assets owned through their affiliate company, Clearway Energy, Inc.