secwatch.observer — SEC 8-K summary
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Issuer:     Clearway Energy, Inc. (CWEN)
CIK:        0001567683
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001567683-23-000032
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clearway Energy Q3 net income $15M, guides 2024 CAFD $395M, raises dividend 2%
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- Net income $15M, Adj. EBITDA $323M, Cash from Ops $287M, CAFD $156M.
- Reiterates 2023 CAFD guidance $330-$360M; initiates 2024 CAFD guidance of $395M.
- Declares Q4 dividend $0.3964/share (+2%), annualized $1.5856; targets 5-8% DPS growth through 2026.
- Commits to invest in Texas Solar Nova 452 MW solar for ~$40M; expects ~$4M annual CAFD from 2025.
- Received offers for Dan's Mountain Wind (55 MW, ~$86M) and 572 MW solar+storage (~$105M) from sponsor.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1567683/000156768323000032/0001567683-23-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1567683/000156768323000032/cwen-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001567683-23-000032

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