| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 354.00 | 18.8% |
| Total Income | 354.00 | 18.8% |
| Expenditure | 334.00 | 12.1% |
| PBT | -70.00 | 32.7% |
| Net Profit | -163.00 | 4175.0% |
| OPM | 5.65% | |
| NPM | -46.05% | 47.39pp |
| EPS | — |
Clearway Energy Reports Q1 2026: Net Loss $68M, Adjusted EBITDA $257M
08 May 2026 · 8 May, 2:41 am
Summary
Clearway Energy, Inc. reported a Net Loss of $68 million, Adjusted EBITDA of $257 million, Cash from Operating Activities of $401 million, and CAFD of $70 million for the first quarter of 2026. The company's Adjusted EBITDA results were higher than 2025, primarily due to contributions from growth investments, partially offset by lower wind resource at certain facilities. The company reaffirmed its 2026 full year CAFD guidance range of $470 million to $510 million. Stockholder approval of a simplified share structure will now benefit all holders with a more liquid investment.
Key Highlights
- 1
Clearway Energy reported a Net Loss of $68 million for the first quarter of 2026.
- 2
Adjusted EBITDA for the first quarter of 2026 was $257 million.
- 3
Cash from Operating Activities amounted to $401 million for the first quarter of 2026.
- 4
Cash Available for Distribution (CAFD) was reported as $70 million for the first quarter of 2026.
- 5
The company reaffirmed its 2026 full year CAFD guidance range of $470 million to $510 million.
- 6
The late-stage opportunity pipeline has increased to 12.7 GW.
- 7
Public share simplification proposal was approved at the 2026 Annual Meeting of Stockholders.
Management Comments
Craig Cornelius
Our diversified fleet remains on track to deliver on our financial guidance for the year. Looking further out, we have increased the total corporate capital investment opportunities we are targeting through 2029 by 20% since last November, demonstrating substantial progress and potential upside to the long-term financial objectives we have set for our business. This progress now increases our enterprise’s total late-stage opportunity pipeline to 12.7 GW. With all these advancements, we are in a very solid position to continue to strive for the top end or better of our $2.90 to $3.10 CAFD per share target for 2030. We also continue to be optimistic about our ability to grow CAFD per share 5–8%+ in the years beyond 2030, including growing at the top end of that range in 2031 from our 2030 target baseline, with potential upside from the co-located digital infrastructure growth pathway. Finally, stockholder approval of a simplified share structure will now benefit all holders with a more liquid investment, greater attractiveness to a broader investor base, and additional flexibility to support our capital allocation strategy.”
Informational and educational content only. Not investment advice.