Earnings Releases·Nov 9, 2026, 4:11 PM ET

Clearway Energy, Inc. — Third Quarter 2026 Earnings Summary

Reported Net Income of $123 million for Q3 2026, up from $60 million in the prior year period, while Adjusted EBITDA rose to $435 million from $385 million; nine-month Net Income improved to $85 million versus a $32 million loss in 2025.
Reiterated 2026 full-year CAFD guidance of $430–$470 million, initiated 2027 guidance of $520–$590 million, and established a 2031 target of $3.20–$3.40 CAFD per share (7–8% CAGR).
Announced strategic acquisitions including 650 MW Swan Solar (Missouri) and 210 MW Honeycomb 2 Storage (Utah), alongside a received offer for the 439 MW Heartland Solar Plus Storage complex in California.
Total debt increased to $9,436 million as of September 30, 2026, while liquidity rose to $1,102 million; the Board declared a quarterly dividend of $0.4824 per share for Class C common stock.
Growth pipeline accelerated to approximately 16 GW with over 100% growth in committed and identified drop-down opportunities since the start of the year, supported by a $600 million senior unsecured notes issuance.