---
schema_version: "secwatch.filing_event.v1"
accession: "0001567683-23-000006"
form_type: "8-K"
ticker: "CWEN"
cik: "0001567683"
company_name: "Clearway Energy, Inc."
filed_at: "2023-02-23T23:59:59+00:00"
generated_at: "2026-06-19T02:38:24.103233+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Clearway Energy FY2022 Net Income $1,060M; raises pro forma CAFD outlook to $410M; dividend up 2%

## Summary
- Net Income $1,060M (vs -$75M in 2021) includes one-time gain from Thermal sale; Adjusted EBITDA $1,160M.
- CAFD $326M (vs $336M); Q4 CAFD -$2M due to lower availability and renewable resources.
- Quarterly dividend raised 2% to $0.3745/share ($1.498 annualized); target 5-8% annual growth through 2026.
- Reaffirmed 2023 CAFD guidance of $410M; raised pro forma CAFD outlook from ~$390M to ~$410M.
- Committed ~$348M in growth investments in 2022, including 463 MW solar+storage projects (Victory Pass, Arica).

## SEC filing metadata
- accession: 0001567683-23-000006
- form_type: 8-K
- ticker: CWEN
- cik: 0001567683
- company_name: Clearway Energy, Inc.
- filed_at: 2023-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1567683/000156768323000006/0001567683-23-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1567683/000156768323000006/cwen-20230223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001567683-23-000006
- JSON: https://secwatch.observer/filing/0001567683-23-000006.json
- Plain text: https://secwatch.observer/filing/0001567683-23-000006.txt

## Key facts
- Earnings Releases
  Clearway Energy, Inc. reported the year ended December 31, 2022 results: net income Net Income of $1,060 million. Guidance reaffirmed.
  - Period: the year ended December 31, 2022
  - Net income: Net Income of $1,060 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: On February 23, 2023, Clearway Energy, Inc. issued a press release announcing its financial results for the year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1567683/000156768323000006/0001567683-23-000006-index.htm

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