Strong Third Quarter Performance
Clearway Energy, Inc. narrowed its financial guidance to the top half of the originally set range for 2025 following a strong third quarter performance.
2030 CAFD Per Share Target Established
Clearway set a CAFD per share goal of $2.90 to $3.10 for 2030, translating to a 7% to 8% growth CAGR from the 2025 guidance midpoint.
Expansion in Development Pipeline
Clearway Group has grown its late-stage pipeline by 4x since 2017, with a total project volume of over 6.5 gigawatts planned for 2028 and 2029.
Solid Financial Position
Year-to-date, Clearway generated $980 million of adjusted EBITDA and $395 million of CAFD, with expectations to meet top end of guidance.
Successful M&A Activity
Clearway completed three transactions at CAFD yields above 12%, including the Deriva Solar portfolio acquisition.