Companies /Utilities

Clearway Energy Inc Class C

NYSE: CWEN Utilities - Renewable
$34.65
▼ $0.05 (−0.14%) today
Markets closed · 11:15pm ET

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CWEN at a Glance

Valuation
Market cap
$7.1B
P/E ratio
44.5
Dividend yield
5.35%
Profitability
Revenue (TTM)
$1.6B
Profit margin
6.4%
EPS (TTM)
$0.78
Price
52-week range
$29 – $41
24/7 target
$43.94
Street target
$40.36

Headquartered in Princeton, NJ Fiscal year ends December NYSE: CWEN investor.clearwayenergy.com

About Clearway Energy

Clearway Energy, Inc. (NYSE: CWEN) owns a primarily contracted portfolio of clean energy and dispatchable power generation assets across the United States. Its portfolio totals approximately 13.9 GW of gross capacity in 27 states. This includes 11.1 GW of wind, solar and energy storage and more than 2.8 GW of dispatchable natural gas-fired generation that provides grid reliability services.

The company reports two segments:
- **Renewables & Storage:** sells power largely under long-term PPAs with utilities and other offtakers.
- **Flexible Generation:** earns capacity and energy revenues, increasingly under multi-year resource adequacy contracts with load-serving entities, such as the 2027–2034 Walnut Creek contract.

Clearway is sponsored and controlled by Clearway Energy Group LLC, whose owners include Global Infrastructure Partners and TotalEnergies. The company grows mainly by acquiring 'drop-down' projects developed by its sponsor, such as Swan Solar, Honeycomb Phase 2 and the offered Heartland Solar Plus Storage. It also pursues third-party acquisitions, repowerings and co-located digital infrastructure (data center) opportunities. Results are seasonal, with most revenue generated May through September.

The company aims to deliver stable and growing dividends funded by Cash Available for Distribution (CAFD), and targets 2031 CAFD per share of $3.20–$3.40. Updated

CWEN Coverage

Frequently Asked Questions

What does Clearway Energy do?

Clearway Energy, Inc. (NYSE: CWEN) owns a primarily contracted portfolio of clean energy and dispatchable power generation assets across the United States. Its portfolio totals approximately 13.9 GW of gross capacity in 27 states.

What is the CWEN stock price target?

24/7 Wall St.'s 12-month price target for CWEN is $43.94, rated Buy. The Wall Street consensus target is $40.36. CWEN price prediction →