secwatch.observer — SEC 8-K summary
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Issuer:     Clearway Energy, Inc. (CWEN)
CIK:        0001567683
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001567683-23-000023
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearway Energy Q2 CAFD $137M; cuts 2023 CAFD guidance to $330-360M, raises dividend 2%
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- Net income $84M in Q2 2023, down from $1,149M in Q2 2022 due to prior-year gain on Thermal sale.
- Adjusted EBITDA $316M, down from $366M; Cash from operations $134M vs $186M.
- 2023 CAFD guidance lowered to $330-360M from $410M; pro forma CAFD outlook raised to ~$420M.
- Quarterly dividend increased 2% to $0.3891 per share ($1.5564 annualized).
- Committed to invest in 147 MW battery storage (Rosamond Central) and 160 MW wind (Cedar Creek).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1567683/000156768323000023/0001567683-23-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1567683/000156768323000023/cwen-20230808.htm
  HTML page:      https://secwatch.observer/filing/0001567683-23-000023

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