---
schema_version: "secwatch.filing_event.v1"
accession: "0001567683-24-000005"
form_type: "8-K"
ticker: "CWEN"
cik: "0001567683"
company_name: "Clearway Energy, Inc."
filed_at: "2024-02-22T23:59:59+00:00"
generated_at: "2026-06-05T19:17:14.074704+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Clearway Energy reports FY23 net loss of $14M, reaffirms 2024 CAFD guidance; dividend raised to $0.4033/qtr

## Summary
- Net loss of $14M for FY23 vs $1,060M income in FY22 (prior year included one-time gain from Thermal sale).
- Adjusted EBITDA $1,058M (down 8.8% YoY); CAFD $342M (up 4.9% YoY).
- Committed ~$215M in long-term corporate capital investments; acquired 252 MW Texas Solar Nova 1 for $23M.
- Reaffirms FY24 CAFD guidance of $395M; targets 5-8% annual dividend growth through 2026.
- Quarterly dividend increased 1.7% to $0.4033/share ($1.61 annualized), payable March 15, 2024.

## SEC filing metadata
- accession: 0001567683-24-000005
- form_type: 8-K
- ticker: CWEN
- cik: 0001567683
- company_name: Clearway Energy, Inc.
- filed_at: 2024-02-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1567683/000156768324000005/0001567683-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1567683/000156768324000005/cwen-20240222.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001567683-24-000005
- JSON: https://secwatch.observer/filing/0001567683-24-000005.json
- Plain text: https://secwatch.observer/filing/0001567683-24-000005.txt

## Key facts
- Earnings Releases
  Clearway Energy, Inc. reported the year ended December 31, 2023 results: net income Net Loss of $14 million. Guidance reaffirmed.
  - Period: the year ended December 31, 2023
  - Net income: Net Loss of $14 million
  - Guidance: reaffirmed
  - Result: reported results
  source text: Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported full year 2023 financial results, including Net Loss of $14 million, Adjusted EBITDA of $1,058 million, Cash from Operating Activities of $702 million, and Cash Available for Distribution (CAFD) of $342 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1567683/000156768324000005/0001567683-24-000005-index.htm

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