Clearway Energy, Inc. Reports First Quarter 2026 Financial Results
Clearway Energy reported Q1 revenue of $354 million, up 19% year-over-year, with Adjusted EBITDA of $257 million and CAFD of $70 million. The company reaffirmed its 2026 CAFD guidance range of $470 million to $510 million and highlighted a 20% increase in targeted capital investment opportunities through 2029. Strategic execution remained robust, featuring the $324 million Cardinal acquisition, the Mesquite Sky PPA restructuring with a hyperscaler, and the substantial completion of the 320 MW Honeycomb BESS portfolio. Total liquidity increased to $1.23 billion.
Key figures
- Revenue
- 354000000
- Guidance
- 2026 CAFD $470M - $510M; 2030 CAFD per share target $2.90 - $3.10
- Revenue Yoy
- 18.8%
- Deal Value Usd
- 324000000
- Cafd
- 70000000
- Net loss
- 68000000
- Pipeline gw
- 12.7
- Adjusted ebitda
- 257000000
- Total liquidity
- 1229000000
- Cash from operations
- 401000000
AI analysis
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