Clearway Energy Inc (N:CWEN)

Sector:  Utilities Industry:  Independent Power Producers
 
See Regulatory Filings on SEC
Company Contact
Address: 300 Carnegie Ctr Ste 300
PRINCETON NJ 08540-6255
Tel: N/A
Website: investor.clearwayenergy.com
IR: See website
<
Key People
Jonathan D. Bram
Chairman of the Board 		Craig Cornelius
President, Chief Executive Officer, Director 		Christopher S. Sotos
President, Chief Executive Officer, Director
Sarah Rubenstein
Chief Financial Officer, Executive Vice President 		Kevin P. Malcarney
Executive Vice President, General Counsel, Company Secretary 		 
Business Overview
Clearway Energy, Inc. is a renewable energy company. The Company invests in energy infrastructures and focuses on investments in clean energy and owns modern, sustainable and long-term contracted assets across North America. The Company's businesses are segregated based on conventional power generation and renewable businesses, which consist of solar, wind and energy storage. It owns approximately 6,000 net megawatts (MW) of installed wind, solar and energy storage projects. The Company's approximately 8,500 net MW of assets also includes approximately 2,500 net MW of natural gas-fired generation facilities. Its conventional projects include Carlsbad, El Segundo, GenConn Devon, GenConn Middletown, Marsh Landing and Walnut Creek. The Company's utility scale solar projects include Agua Caliente, Alpine, Avenal, Avra Valley, Blythe, Borrego, Buckthorn Solar, CVSR, Daggett 2, Daggett 3, Desert Sunlight 250, Kansas South and others. Its wind projects include Black Rock and Buffalo Bear.
Financial Overview
For the fiscal year ended 31 December 2023, Clearway Energy Inc revenues increased 10% to $1.31B. Net income decreased 86% to $79M. Revenues reflect Renewables segment increase of 28% to $894M, Conventional Generation segment increase of 1% to $420M. Net income was offset by Corporate segment loss totaling $38M vs. income of $1.25B, Conventional Generation segment income decrease of 30% to $137M. Dividend per share increased from $1.43 to $1.54.
Employees: 61 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $12,085M as of Dec 31, 2023
Annual revenue (TTM): $1,314M as of Dec 31, 2023
EBITDA (TTM): $990.00M as of Dec 31, 2023
Net annual income (TTM): $79.00M as of Dec 31, 2023
Free cash flow (TTM): $152.00M as of Dec 31, 2023
Net Debt Last Fiscal Year: $7,502M as of Dec 31, 2023
Shares outstanding: 202,080,794 as of Jan 31, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.

Learn More