Welcome to our dedicated page for Clearway Energy news (Ticker: CWEN), a resource for investors and traders seeking the latest updates and insights on Clearway Energy stock.
Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) is a clean power company in the U.S. utilities sector, with a portfolio that includes wind, solar, battery energy storage systems, and flexible dispatchable generation. The CWEN news feed on Stock Titan aggregates company announcements, transaction updates, and operational disclosures drawn from press releases and related filings.
Investors following Clearway Energy news can track developments in its Flexible Generation and Renewables & Storage segments, including updates on wind, solar, and storage output, as well as commentary on seasonal performance and resource conditions. The company regularly reports quarterly financial results, discussing Net Income, Adjusted EBITDA, Cash from Operating Activities, and Cash Available for Distribution, along with explanations of how weather, pricing, and growth investments influence these metrics.
News items also cover Clearway Energy’s growth strategy, such as repowering campaigns at existing wind projects, potential investments in solar plus storage facilities, and acquisitions of operational solar portfolios across multiple states. Announcements of capital markets activity, including senior note offerings by Clearway Energy Operating LLC and at-the-market equity programs for Class C common stock, provide insight into how the company finances its expansion and manages liquidity.
Readers can use the CWEN news page to monitor transaction milestones, new power purchase agreements, sponsor-enabled growth opportunities from Clearway Energy Group, and updates on battery energy storage projects. By reviewing these updates over time, investors and analysts can better understand how Clearway Energy executes its strategy in clean energy generation and grid reliability.
Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) reported solid Q2 2024 financial results, including Net Income of $4 million, Adjusted EBITDA of $353 million, and Cash Available for Distribution (CAFD) of $187 million. The company reaffirmed its 2024 CAFD guidance of $395 million and increased its quarterly dividend by 1.7% to $0.4171 per share. Clearway signed agreements to invest in 314 MW of solar plus storage projects and received an offer for a 500 MW solar plus storage project. The company also entered a new Resource Adequacy contract for Marsh Landing and continues to target annual dividend growth in the upper range of 5% to 8% through 2026.
Clearway Energy plans to release its Second Quarter 2024 financial results on August 1, 2024. The company will host a conference call and webcast at 8:00 a.m. Eastern to discuss the results. Investors can access the live webcast and presentation materials through Clearway Energy's website under the Investor Relations section. The webcast will also be available on the site for later access.
Clearway Energy, Inc. reported its first quarter 2024 financial results, signing agreements for wind and solar projects, new Resource Adequacy Contracts, and increasing quarterly dividend. The company reported a Net Loss of $(46) million, Adjusted EBITDA of $211 million, Cash from Operating Activities of $81 million, and Cash Available for Distribution of $52 million. The company remains optimistic about achieving its 2024 financial objectives and long-term dividend growth targets.
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.
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