Clearway Energy, Inc.

Clearway Energy, Inc. and Clearway Energy LLC have entered into an Equity Distribution Agreement to establish an At-The-Market (ATM) program. This program allows the company to offer and sell up to $100 million of its Class C common stock through various agents. The net proceeds from these sales are intended for general corporate purposes, including the repayment or refinancing of indebtedness, funding working capital, capital expenditures, acquisitions, and investments.

Clearway Energy reported strong second-quarter 2026 financial results, with operating revenues increasing to $481 million and net income attributable to the company surging to $122 million, resulting in an EPS of $1.00. For the six months ended June 30, 2026, net cash provided by operating activities more than doubled to $615 million. The company also completed the acquisition of the 610 MW Cardinal Portfolio for $322 million and executed a Class A common stock conversion to Class C common stock.

Clearway Energy, Inc. reported its second quarter 2026 financial results, with Net Income rising to $30 million and Adjusted EBITDA reaching $409 million, both showing increases compared to the prior year. Cash Available for Distribution (CAFD) also grew to $167 million for the quarter. However, the company adjusted its full-year 2026 CAFD guidance downwards to a range of $430 million to $470 million. Strategic updates include advancing the Fleet Enhancement program, accelerating sponsor-enabled growth with new project offers like Honeycomb Phase II and Chimney Canyon, and restructuring wind PPAs.

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.

Clearway Energy, Inc. announced that Kevin P. Malcarney will retire from his position as Executive Vice President, General Counsel, and Corporate Secretary, effective June 1, 2026. He will remain employed as a non-executive through June 26, 2026, under a transition services agreement, receiving separation benefits including a pro-rated 2026 bonus, continued equity vesting, and a $711,845 cash payment. Michael A. Brown, who previously served at The New York Times Company and Clearway Energy, Inc., will succeed Mr. Malcarney in the role.

Clearway Energy, Inc. announced that Kevin P. Malcarney will retire from his position as Executive Vice President, General Counsel, and Corporate Secretary, effective June 1, 2026. Mr. Malcarney has been with the company for nearly two decades, serving as General Counsel since May 2018. Michael A. Brown will succeed him as Senior Vice President, General Counsel, and Corporate Secretary, also effective June 1, 2026. Mr. Brown previously held senior legal roles at Clearway Energy and NRG Yield before joining The New York Times Company.

Clearway Energy reported a significant widening of its net loss attributable to the company in Q1 2026 to $163 million, compared to a $3 million loss in Q1 2025, despite an 18.8% increase in total operating revenues to $354 million. Operating income improved to $20 million from break-even in the prior year. The company also completed the acquisition of the 610 MW Cardinal Portfolio for $324 million and increased its quarterly dividend.

Clearway Energy, Inc. reported a Q1 2026 Net Loss of $68 million and Adjusted EBITDA of $257 million, while reaffirming its full-year 2026 CAFD guidance of $470 million to $510 million. The company made significant progress on its fleet enhancement and sponsor-enabled growth programs, increasing its late-stage opportunity pipeline to 12.7 GW. Key developments include the substantial completion of the Honeycomb Phase I BESS facilities, the acquisition of the Cardinal Portfolio, and the approval of a public share simplification proposal.

Clearway Energy reported a Q1 2026 Net Loss of $68 million and Adjusted EBITDA of $257 million. Cash from Operating Activities significantly increased to $401 million, while Cash Available for Distribution (CAFD) was $70 million. The company reaffirmed its 2026 CAFD guidance and announced stockholder approval for a simplified public share structure, converting Class A to Class C common stock for increased liquidity and broader investor appeal. Strategic initiatives, including fleet enhancement, accelerated sponsor-enabled growth, and third-party M&A, are advancing, with a late-stage pipeline now at 12.7 GW.

Clearway Energy, Inc. stockholders approved an amendment to the Certificate of Incorporation at the Annual Meeting on April 29, 2026. This amendment simplifies the public share class structure by converting each Class A common stock share into one Class C common stock share, effective May 1, 2026. In connection with this, Clearway Energy Group LLC (CEG) entered into a Voting Trust Agreement, depositing 41,678,637 Class B common stock shares into a trust to maintain its relative voting power. The Voting Trustee will vote these shares proportionally to other stockholders.