CWEN - Clearway Energy, Inc.

NYSE - Nasdaq Real-time price. Currency in USD
22.27
-0.69 (-3.01%)
As of 1:48PM EDT. Market open.
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Previous close22.96
Open22.95
Bid22.28 x 900
Ask22.30 x 900
Day's range22.23 - 23.00
52-week range16.12 - 25.09
Volume346,046
Avg. volume710,209
Market cap4.21B
Beta (5Y monthly)1.11
PE ratio (TTM)N/A
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.84 (3.64%)
Ex-dividend date29 May 2020
1y target estN/A
All
News
Press releases
  • GlobeNewswire

    Clearway Energy Operating LLC, a Subsidiary of Clearway Energy, Inc., Announces Pricing of Upsized Offering of $250 Million of Additional “Green Bond” Senior Notes Due 2028

    Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), has priced its upsized offering of $250 million in aggregate principal amount of its 4.750% Senior Notes due 2028 (the “Additional Notes”). The Additional Notes will be issued at 102.0% of par, plus accrued interest from December 11, 2019. The Additional Notes are being offered as an additional issue of Clearway Operating’s existing $600 million aggregate principal amount of 4.750% Senior Notes due 2028 that Clearway Operating issued on December 11, 2019 (the “Initial Notes”).

  • GlobeNewswire

    Clearway Energy Operating LLC, a Subsidiary of Clearway Energy, Inc., Announces Proposed Offering of $200 Million of Additional “Green Bond” Senior Notes Due 2028

    Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), intends to commence an offering of $200 million in aggregate principal amount of its 4.750% Senior Notes due 2028 (the “Additional Notes”). The Additional Notes are being offered as an additional issue of Clearway Operating’s existing $600 million aggregate principal amount of 4.750% Senior Notes due 2028 that Clearway Operating issued on December 11, 2019 (the “Initial Notes”). The Additional Notes will be issued under the same indenture as the Initial Notes, will be treated as a single class of debt securities with the Initial Notes and will have the same terms, other than the issue date and offering price.

  • GlobeNewswire

    Clearway Energy, Inc. Announces Divesture of Residential Solar Portfolio and Closing of Acquisition of Remaining Interest in Repowering 1.0

    Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”), today announced that, through indirect subsidiaries of the Company, it has closed a transaction to divest its residential solar portfolio for cash proceeds to the Company of $75 million1. Additionally, the Company has also closed the previously announced agreement to acquire Clearway Group’s (CEG) interest in Repowering Partnership II LLC (Repowering 1.0) for $70 million. “The divesture of Clearway’s residential solar portfolio allows the Company to use proceeds from the sale of a non-core asset to prudently recycle capital into strategic investments more aligned with the Company’s platform and operating strengths,” said Christopher Sotos, Clearway Energy, Inc.’s President and Chief Executive Officer.

  • GlobeNewswire

    Clearway Energy, Inc. Reports First Quarter 2020 Financial Results

    Signed binding agreements to acquire and invest in a portfolio of renewable energy projectsMaintaining safe and reliable operations through COVID-19 pandemic; Currently do not.

  • GlobeNewswire

    Clearway Energy, Inc. Announces Binding Agreements to Acquire and Invest in a Portfolio of Renewable Energy Projects

    Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Company”), today announced that, through indirect subsidiaries of the Company, it has entered into binding agreements related to the previously announced drop-down offer from Clearway Group (“CEG”) to acquire and invest in a portfolio of renewable energy projects. The transactions are expected to have a five-year average annual asset CAFD of approximately $23 million prior to corporate financing costs. “The investments we are announcing today not only provide Clearway additional CAFD growth but also regional diversification for the Company,” said Christopher Sotos, Clearway Energy, Inc.’s President and Chief Executive Officer.

  • GlobeNewswire

    Clearway Energy, Inc. to Report First Quarter 2020 Financial Results on May 7, 2020

    PRINCETON, N.J., April 07, 2020 -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report First Quarter 2020 financial results on Thursday, May 7, 2020. Management will.

  • GlobeNewswire

    Clearway Energy, Inc. Announces Change to Virtual 2020 Annual Meeting of Stockholders

    Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (the “Company” or “Clearway Energy”) today announced that, due to the emerging public health impact of the COVID-19 (Coronavirus) pandemic, the location of the Company’s 2020 annual meeting of stockholders (the “Annual Meeting”) has been changed from an in-person meeting to a virtual meeting. As previously announced, the Annual Meeting will still be held at 9:00 a.m., Eastern Time, on Thursday, April 30, 2020, but will be held only in a virtual meeting format. On March 24, 2020, the Company’s Board of Directors (the “Board”) approved the change to the location and format of the Annual Meeting in support of the health and well-being of the Company’s employees, stockholders and other associates, as well as the related protocols that have been or may be imposed by federal, state and local governments.

  • GlobeNewswire

    Clearway Energy, Inc. Reports Full Year 2019 Financial Results

    Full year financial performance in-line with expectationsExecuted on $386 million in new accretive growth investmentsRaised $700 million of new corporate level capital in the.

  • GlobeNewswire

    Clearway Energy, Inc. Increases Quarterly Dividend to $0.21 per Share

    PRINCETON, N.J., Feb. 19, 2020 -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced that its Board of Directors declared a quarterly dividend on each of the Company’s.

  • GlobeNewswire

    Clearway Energy, Inc. to Report Fourth Quarter 2019 Financial Results on February 27, 2020

    PRINCETON, N.J., Jan. 22, 2020 --  Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Fourth Quarter 2019 financial results on Thursday, February 27, 2020. Management.

  • GlobeNewswire

    Clearway Energy Operating LLC, a Subsidiary of Clearway Energy, Inc., Announces Expiration and Results of Cash Tender Offer for Its Outstanding 5.375% Senior Notes Due 2024

    PRINCETON, N.J., Dec. 11, 2019 (GLOBE NEWSWIRE) --  Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), announced the expiration and results of its previously announced cash tender offer (the “Tender Offer”) to purchase any and all of its outstanding 5.375% senior notes due 2024 (the “2024 Notes”). The Tender Offer expired at 5:00 p.m., New York City time, on December 10, 2019 (the “Expiration Time”). Clearway Operating has accepted for payment all 2024 Notes validly tendered prior to the Expiration Time pursuant to the Tender Offer and expects to make payment for such 2024 Notes on December 11, 2019.

  • GlobeNewswire

    Clearway Energy, Inc. Completes the Acquisition of Carlsbad Energy Center

    Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today announced it has completed the acquisition of the 527 MW Carlsbad Energy Center (Carlsbad) from Global Infrastructure Partners III (GIP) for a purchase price of $184 million1. “The closing of the Carlsbad transaction is an important milestone for Clearway as it provides both diversification and significant accretive growth,” said Christopher Sotos, Clearway Energy, Inc.’s President and Chief Executive Officer. Carlsbad is a 527 MW natural gas fired facility located in Carlsbad, CA.

  • GlobeNewswire

    Clearway Energy Operating LLC, a Subsidiary of Clearway Energy, Inc., Announces Pricing of Offering of $600.0 Million “Green Bond”

    PRINCETON, NJ, Dec. 04, 2019 (GLOBE NEWSWIRE) --   Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), has priced its offering of $600.0 million in aggregate principal amount of 4.750% senior notes due 2028 (the “New Notes”). The New Notes will be senior unsecured obligations of Clearway Operating and will be guaranteed by Clearway Energy LLC, Clearway Operating’s parent company, and by each of Clearway Operating’s wholly owned current and future subsidiaries that guarantees indebtedness under its credit agreement.

  • GlobeNewswire

    Clearway Energy Operating LLC, a Subsidiary of Clearway Energy, Inc., Announces Cash Tender Offer and Concurrent Redemption Notice for Any and All of Its Outstanding 5.375% Senior Notes Due 2024

    PRINCETON, N.J., Dec. 04, 2019 (GLOBE NEWSWIRE) --  Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), announced that it has commenced a cash tender offer to purchase any and all of the approximately $500.0 million outstanding aggregate principal amount of its 5.375% senior notes due 2024 (the “2024 Notes”) with the net proceeds from Clearway Operating’s concurrent offering of $600.0 million in aggregate principal amount of senior notes due 2028 (the “New Notes”), which was also announced today by Clearway Operating. The tender offer is being made pursuant to an offer to purchase, related letter of transmittal and notice of guaranteed delivery, each dated as of December 4, 2019.

  • GlobeNewswire

    Clearway Energy Operating LLC, a Subsidiary of Clearway Energy, Inc., Announces Proposed Offering of $600.0 Million "Green Bond"

    Clearway Energy Operating LLC (“Clearway Operating”), a subsidiary of Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”), intends to commence an offering of $600.0 million in aggregate principal amount of senior notes due 2028 (the “New Notes”). The New Notes will be senior unsecured obligations of Clearway Operating and will be guaranteed by Clearway Energy LLC, Clearway Operating’s parent company, and by each of Clearway Operating’s wholly owned current and future subsidiaries that guarantees indebtedness under its credit agreement. Clearway Operating intends to allocate an amount equal to the net proceeds from the offering of the notes to finance or refinance, in part or in full, new and existing projects and assets meeting certain renewable energy generation eligibility criteria.

  • GlobeNewswire

    Clearway Energy, Inc. Announces Pricing of Offering of Class C Common Stock

    PRINCETON, N.J., Dec. 02, 2019 (GLOBE NEWSWIRE) --  Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”) today announced that it has priced the previously announced underwritten public offering of 5,405,405 shares of its Class C common stock at a price of $18.70 per share. Clearway Energy intends to use the net proceeds from the offering to acquire newly issued Class C units of Clearway Energy LLC (“Clearway LLC”). Clearway Energy intends to cause Clearway LLC to use such proceeds to partially fund the acquisition of the 527 megawatt Carlsbad Energy Center from an affiliate of Global Infrastructure Partners III (“GIP”), pay transaction fees and expenses and use the balance of the proceeds, if any, for general corporate purposes.

  • GlobeNewswire

    Clearway Energy, Inc. Announces Proposed Offering of Class C Common Stock

    Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (“Clearway Energy”) today announced that it has commenced an underwritten public offering of 5,405,405 shares of its Class C common stock. Clearway Energy intends to use the net proceeds from the offering to acquire newly issued Class C units of Clearway Energy LLC (“Clearway LLC”). Clearway Energy intends to cause Clearway LLC to use such proceeds to partially fund the acquisition of the 527 megawatt Carlsbad Energy Center from an affiliate of Global Infrastructure Partners III (“GIP”), pay transaction fees and expenses and use the balance of the proceeds, if any, for general corporate purposes.

  • GlobeNewswire

    Clearway Energy, Inc. Reports Third Quarter 2019 Financial Results and Initiates 2020 Financial Guidance

    Maintaining 2019 and Initiating 2020 CAFD GuidanceReached commercial operations at the Hawaii Solar Phase I Oahu project; Repowering 1.0 remains on scheduleSigned new thermal.

  • GlobeNewswire

    Clearway Energy, Inc. to Report Third Quarter 2019 Financial Results on November 6, 2019

    PRINCETON, N.J., Oct. 10, 2019 -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) plans to report Third Quarter 2019 financial results on Wednesday, November 6, 2019. Management.