Clearway Energy Q1 net loss narrows to $68 million; revenue rises to $354 million

Clearway Energy, Inc. Class C Common Stock

Clearway Energy, Inc. Class C Common Stock

CWEN

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  • Clearway Energy posted a net loss of USD 68 million for first-quarter 2026, narrowing from a USD 104 million loss a year earlier.
  • Revenue rose 18.79% to USD 354 million, while operating income turned positive to USD 20 million from break-even.
  • Adjusted EBITDA inched up to USD 257 million from USD 252 million, while cash available for distribution slipped to USD 70 million from USD 77 million.
  • Fleet enhancement program remained on schedule for 2026-2027 repowerings, while Mesquite Sky signed a 15-year PPA with an investment-grade hyperscaler as part of a contract restructuring.
  • Clearway closed the USD 324 million Cardinal operating solar portfolio acquisition, reaffirmed full-year 2026 CAFD guidance of USD 470 million to USD 510 million, and declared a quarterly dividend of USD 0.4676 per share.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Clearway Energy Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605071601PRIMZONEFULLFEED9715683) on May 07, 2026, and is solely responsible for the information contained therein.