Updated 2025 CAFD Guidance
Clearway Energy updated its 2025 CAFD guidance to a range of $405 million to $440 million, raising the bottom end to reflect contributions from recently closed project acquisitions.
Increased 2027 CAFD Per Share Target
Clearway Energy increased its 2027 CAFD per share target range to $2.50 to $2.70, indicating strong growth prospects and execution on committed or potential investments.
Progress on Fleet Optimization and Expansion
The company is advancing its fleet optimization through repowerings and battery storage projects, with significant investment opportunities and expected CAFD yields above 10%.
Strong Battery Storage Pipeline
Clearway Group's development pipeline includes a significant volume of renewable projects with safe harbor qualifications through 2029, with battery storage representing over 40% of all project capacity in development.
Successful M&A Execution
Clearway closed the Catalina solar project and demonstrated efficient financial execution on the Tuolumne Wind project, effectuated at attractive long-term CAFD yields.