Quarterly UpdatesJul 16, 2026, 04:37 PM
Clearway Energy Q2 Generation Misses Guidance Mid-Point
AI Summary
Clearway Energy, Inc. released an operational update for Q2 and YTD June 30, 2026, indicating that Compensable Generation was lower than anticipated for achieving the mid-point of its FY2026 financial guidance. The Wind and Solar segments produced approximately 5% fewer GWh than expected in Q2, primarily due to lower wind resources in key regions like CAISO and ERCOT, influenced by the El Niño pattern. Consequently, YTD 2026 Compensable Generation and Performance Index reflect the lower end of quarterly CAFD expectations, despite high plant availability in Solar and Flexible Generation segments.
Key Highlights
- 2Q 2026 Compensable Generation was lower than expected for FY2026 financial guidance mid-point.
- Wind and Solar segments produced approximately 5% fewer GWh than expected in Q2 2026.
- YTD 2026 wind resource in CAISO was 87% and ERCOT 98% of P-50 expectations.
- Total Wind Compensable Generation reached 3,282 GWh in Q2 2026.
- Total Solar Compensable Generation reached 3,585 GWh in Q2 2026.
- 2Q 2026 Plant Availability was 99% for Solar and 97% for Flexible Generation.
- YTD 2026 Compensable Generation reflects the low end of quarterly CAFD expectations.
Price Impact
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