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Clearway Energy Inc (CWEN.N)

CWEN.N on New York Stock Exchange

29.25USD
23 Nov 2020
Change (% chg)

$0.02 (+0.07%)
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Latest Key Developments (Source: Significant Developments)

Clearway Energy, Inc. Signs Binding Agreement To Acquire An Additional 35% Interest In The 290 MW Agua Caliente Solar Project
Friday, 20 Nov 2020 

Nov 20 (Reuters) - Clearway Energy Inc ::CLEARWAY ENERGY, INC. SIGNS BINDING AGREEMENT TO ACQUIRE AN ADDITIONAL 35% INTEREST IN THE 290 MW AGUA CALIENTE SOLAR PROJECT.CLEARWAY ENERGY INC - WILL ACQUIRE ADDITIONAL 35% INTEREST IN AGUA CALIENTE FOR $202 MILLION.CLEARWAY ENERGY INC - ACQUISITION EXPECTED TO PROVIDE INCREMENTAL ANNUAL ASSET CAFD ON A 5 YEAR AVERAGE BASIS OF $20 MILLION PRIOR TO CORPORATE FINANCING.CLEARWAY ENERGY INC - EXPECTS TO FUND ACQUISITION WITH EXISTING LIQUIDITY AND, SUBJECT TO MARKET CONDITIONS, NEW CORPORATE FINANCINGS.CLEARWAY ENERGY INC - FOLLOWING CLOSE OF TRANSACTION CLEARWAY WILL OWN A 51% EQUITY INTEREST IN AGUA CALIENTE.  Full Article

Clearway Energy Inc Qtrly Earnings Per Share $0.27
Thursday, 5 Nov 2020 

Nov 5 (Reuters) - Clearway Energy Inc ::QTRLY TOTAL OPERATING REVENUE $332 MILLION VERSUS $296 MILLION.REAFFIRMING ITS 2020 FULL YEAR CAFD GUIDANCE OF $310 MILLION.INITIATING 2021 CAFD GUIDANCE OF $325 MILLION.QTRLY EARNINGS PER SHARE $0.27.INCREASING QUARTERLY DIVIDEND BY 1.8% TO $0.318 PER SHARE IN THE FOURTH QUARTER OF 2020.REITERATING CLEARWAY’S LONG TERM ANNUAL DIVIDEND GROWTH TARGET OF 5-8%, WITH UPPER END IN 2021.Q3 EARNINGS PER SHARE VIEW $0.62, REVENUE VIEW $377.6 MILLION -- REFINITIV IBES DATA.  Full Article

Clearway Energy Posts Quarterly Earnings Per Share $0.41
Thursday, 6 Aug 2020 

Aug 6 (Reuters) - Clearway Energy Inc ::REAFFIRMING ITS 2020 FULL YEAR CAFD GUIDANCE OF $310 MILLION.QTRLY TOTAL OPERATING REVENUE $329 MILLION VERSUS $284 MILLION.QTRLY EARNINGS PER SHARE $0.41.Q2 EARNINGS PER SHARE VIEW $0.57, REVENUE VIEW $346.4 MILLION -- REFINITIV IBES DATA.  Full Article

Clearway Energy Operating Llc Announces Pricing Of Upsized Offering Of $250 Mln Of Additional "Green Bond" Senior Notes Due 2028
Wednesday, 20 May 2020 

May 19 (Reuters) - Clearway Energy Inc ::CLEARWAY ENERGY OPERATING LLC, A SUBSIDIARY OF CLEARWAY ENERGY, INC., ANNOUNCES PRICING OF UPSIZED OFFERING OF $250 MILLION OF ADDITIONAL “GREEN BOND” SENIOR NOTES DUE 2028.CLEARWAY ENERGY INC - ADDITIONAL NOTES WILL BE ISSUED UNDER SAME INDENTURE AS INITIAL NOTES.CLEARWAY ENERGY INC - UNIT TO USE PROCEEDS TO FUND REPAYMENT AT MATURITY OF $45 MILLION OUTSTANDING OF CO'S 3.25% CONVERTIBLE NOTES DUE 2020.  Full Article

Clearway Energy Announces Divesture Of Residential Solar Portfolio
Friday, 15 May 2020 

May 14 (Reuters) - Clearway Energy Inc ::CLEARWAY ENERGY, INC. ANNOUNCES DIVESTURE OF RESIDENTIAL SOLAR PORTFOLIO AND CLOSING OF ACQUISITION OF REMAINING INTEREST IN REPOWERING 1.0.  Full Article

Clearway Energy Announces Binding Agreements To Acquire And Invest In A Portfolio Of Renewable Energy Projects
Tuesday, 21 Apr 2020 

April 20 (Reuters) - Clearway Energy Inc ::CLEARWAY ENERGY, INC. ANNOUNCES BINDING AGREEMENTS TO ACQUIRE AND INVEST IN A PORTFOLIO OF RENEWABLE ENERGY PROJECTS.CLEARWAY ENERGY INC - HAS ENTERED INTO BINDING AGREEMENTS RELATED TO PREVIOUSLY ANNOUNCED DROP-DOWN OFFER FROM CLEARWAY GROUP.CLEARWAY ENERGY INC - BINDING AGREEMENTS COMMIT CO, AT CLOSING, TO INVEST AN ESTIMATED $241 MILLION IN CORPORATE CAPITAL, SUBJECT TO CLOSING ADJUSTMENTS.CLEARWAY ENERGY - TRANSACTIONS ARE EXPECTED TO HAVE A FIVE-YEAR AVERAGE ANNUAL ASSET CAFD OF APPROXIMATELY $23 MILLION PRIOR TO CORPORATE FINANCING COSTS.CLEARWAY ENERGY INC - COMPANY CURRENTLY INTENDS TO FUND TRANSACTIONS WITH EXISTING CORPORATE LIQUIDITY.  Full Article

Clearway Energy Reports Full Year 2019 Financial Results
Thursday, 27 Feb 2020 

Feb 27 (Reuters) - Clearway Energy Inc ::CLEARWAY ENERGY, INC. REPORTS FULL YEAR 2019 FINANCIAL RESULTS.CLEARWAY ENERGY INC - INCREASING 2020 FINANCIAL GUIDANCE.CLEARWAY ENERGY INC - CURRENTLY EXPECTS CONTRACTS WITH PG&E TO CONTINUE OPERATING IN NORMAL COURSE.CLEARWAY ENERGY INC - INCREASING ITS 2020 FULL YEAR CAFD GUIDANCE TO $310 MILLION.CLEARWAY ENERGY INC - FY GUIDANCE ASSUMES THAT ALL CAFD RELATED TO PROJECTS IMPACTED BY PG&E BANKRUPTCY IS REALIZED IN 2020.CLEARWAY ENERGY INC - "WILL CONTINUE TO ASSESS LEVEL OF DIVIDEND PENDING DEVELOPMENTS IN PG&E BANKRUPTCY".  Full Article

Clearway Energy Increases Quarterly Dividend To $0.21 Per Share
Wednesday, 19 Feb 2020 

Feb 19 (Reuters) - Clearway Energy Inc ::CLEARWAY ENERGY, INC. INCREASES QUARTERLY DIVIDEND TO $0.21 PER SHARE.  Full Article

Clearway Energy Unit Entered Into Purchase And Sale Agreement With Gip III Zephyr Carlsbad Holdings
Tuesday, 10 Dec 2019 

Dec 9 (Reuters) - Clearway Energy Inc ::CLEARWAY ENERGY - ON DEC 6, UNIT ENTERED INTO PURCHASE AND SALE AGREEMENT WITH GIP III ZEPHYR CARLSBAD HOLDINGS, LLC - SEC FILING.CLEARWAY ENERGY - PURSUANT TO AGREEMENT, UNIT ACQUIRED ONE HUNDRED PERCENT OF MEMBERSHIP INTERESTS OF CBAD HOLDINGS, LLC.CLEARWAY ENERGY - PURCHASE PRICE FOR TRANSACTION WAS $184 MILLION IN CASH CONSIDERATION.CLEARWAY ENERGY - ALSO ASSUMED $803 MILLION IN NON-RECOURSE PROJECT LEVEL FINANCING.  Full Article

Clearway Energy Subsidiary Announces Proposed Offering Of $600 Mln "Green Bond"
Wednesday, 4 Dec 2019 

Dec 4 (Reuters) - Clearway Energy Inc ::CLEARWAY ENERGY OPERATING LLC, A SUBSIDIARY OF CLEARWAY ENERGY, INC., ANNOUNCES PROPOSED OFFERING OF $600.0 MILLION "GREEN BOND".CLEARWAY ENERGY - UNIT TO COMMENCE AN OFFERING OF $600.0 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES DUE 2028.CLEARWAY ENERGY- TO USE NET PROCEEDS TO FINANCE/ REFINANCE NEW,EXISTING PROJECTS, ASSETS MEETING SOME RENEWABLE ENERGY GENERATION ELIGIBILITY CRITERIA.  Full Article