---
schema_version: "secwatch.filing_event.v1"
accession: "0001567683-22-000014"
form_type: "8-K"
ticker: "CWEN"
cik: "0001567683"
company_name: "Clearway Energy, Inc."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:39:57.364985+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Clearway Energy Q1 net loss $97M; closes Thermal sale, updates 2022 CAFD guidance to $365M

## Summary
- Net loss $97M vs $76M year ago; Adjusted EBITDA $260M vs $198M; CAFD -$2M vs -$15M.
- Closed sale of Thermal Business to KKR for $1.9B on May 1; net proceeds ~$1.35B.
- Used Thermal proceeds to repay $305M revolver and $335M bridge loan; liquidity $574M.
- Q2 dividend raised 2% to $0.3536/share; reaffirms 5-8% annual dividend growth through 2026.
- Updated 2022 CAFD guidance to $365M; reiterates pro forma CAFD outlook ~$385M.

## SEC filing metadata
- accession: 0001567683-22-000014
- form_type: 8-K
- ticker: CWEN
- cik: 0001567683
- company_name: Clearway Energy, Inc.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1567683/000156768322000014/0001567683-22-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1567683/000156768322000014/cwen-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001567683-22-000014
- JSON: https://secwatch.observer/filing/0001567683-22-000014.json
- Plain text: https://secwatch.observer/filing/0001567683-22-000014.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.