Clearway Energy Q1: Net loss $68M, Adj EBITDA $257M; reaffirms 2026 CAFD guidance; share simplification approved

Clearway Energy, Inc.

Net loss of $68M improved from $104M loss in Q1 2025; Adjusted EBITDA $257M vs $252M; CAFD $70M vs $77M.
2026 CAFD guidance reaffirmed at $470M-$510M; long-term CAFD per share target $2.90-$3.10 for 2030.
Share class simplification approved at annual meeting; all shares now Class C common stock.
Cardinal solar portfolio acquired on March 30 for $324M cash; net capital investment ~$240M after adjustments.
Mesquite Sky wind facility restructured with new 15-year PPA from investment-grade hyperscaler replacing prior contract.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Clearway Energy, Inc. reported first quarter 2026 results: net income Net Loss of $68 million. Guidance reaffirmed.

Period: first quarter 2026
Net income: Net Loss of $68 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

2026 financial guidance PRINCETON, NJ — May 7, 2026 — Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported first quarter 2026 financial results, including Net Loss of $68 million, Adjusted EBITDA of $257 million, Cash from Operating Activities of $401 million, and Cash Available for Distribution (CAFD) of $70 million. “Our diversified fleet remains on

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Source: SEC EDGAR

accession 0001628280-26-032303

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