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Clearway Energy, Inc. Reports First Quarter 2026 Financial Results

$CWENPress releaseMay 7, 2026, 4:01 PM ETRead the release

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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