Clearway Energy Q2 Net Income $30M, CAFD $167M; cuts 2026 CAFD guidance to $430-470M

Clearway Energy, Inc.

Q2 Net Income $30M (vs $12M YoY); Adjusted EBITDA $409M (vs $343M); CAFD $167M (vs $152M).
2026 CAFD guidance lowered to $430-470M from prior range due to updated production estimates.
Quarterly dividend declared $0.4750/share, payable Sept 15, record Sept 1.
Sponsor growth: Honeycomb Phase II 210 MW storage offer (~$110M capital), Chimney Canyon 975 MW solar+BESS (~$350M potential).
PPA restructurings for Elbow Creek and Langford wind facilities with 15-year PPAs at more favorable pricing.

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