{ "schemaVersion": 1, "organisationId": "O-c046322a84d44e129f69629cdc996b78", "slug": "clearway-energy-inc", "name": "Clearway Energy, Inc.", "updatedAt": "2026-10-02T16:09:45.118572Z", "sections": [ { "type": "OVERVIEW", "text": "Clearway Energy, Inc. owns and operates clean-energy generation assets, including wind, solar and battery storage, alongside dispatchable generation that supports grid reliability. Its business is organized around Renewables & Storage and Flexible Generation, with much of its output or capacity sold under long-term contracts. The company’s operations are U.S.-focused; as of June 30, 2026, it reported approximately 13.9 GW of gross capacity across 27 states. [P147172386]\n\nClearway’s corporate website describes its mission as making “clean, competitive, and reliable energy.” [https://www.clearwayenergygroup.com/] For scale, Clearway Energy reported 2025 operating revenue of approximately $1.43 billion. [T9155873]\n[P147172386][https://www.clearwayenergygroup.com/][T9155873][https://www.clearwayenergygroup.com/]", "updatedAt": "2026-10-02T16:09:45.118572Z" }, { "type": "PRODUCTS", "text": "Clearway Energy’s products include utility-scale solar and wind electricity, distributed solar, battery energy storage, and flexible-generation capacity. As of June 30, 2026, its reported portfolio included 4,730 MW gross of utility-scale solar, 6,256 MW gross of wind, 699 MW gross of distributed solar, 1,439 MW gross of battery storage, and 2,770 MW gross of flexible-generation facilities. Distributed solar installations are typically under 20 MW AC and primarily serve on-site customer use or supply local distribution grids. [T16838570][T16838500]\n\nThe company sells electricity under contracts to utilities, corporate customers and other counterparties, and also receives capacity revenue. Its named Honeycomb Portfolio comprises four Utah battery-storage facilities totaling 320 MW, which reached commercial operation in April 2026. Flexible-generation facilities include Carlsbad, El Segundo, GenConn Devon and Middletown, Marsh Landing, and Walnut Creek. [P147172388][P147172041][P147172452][P147172126]\n\nFor the six months ended June 30, 2026, Clearway reported $688 million of Renewables & Storage operating revenue and $147 million of Flexible Generation revenue, or approximately 82% and 18% of total operating revenue, respectively. The company generated or sold 5.882 million MWh of solar power and 6.256 million MWh of wind power during that period; these product-level figures do not represent revenue shares by technology. [P147172335][T16838562][P147172421][T16838574]\n[T16838570][T16838500][P147172388][P147172041][P147172452][P147172126][P147172335][T16838562][P147172421][T16838574]", "updatedAt": "2026-10-02T16:09:45.118572Z" }, { "type": "GEOGRAPHY", "text": "Clearway Energy, Inc.’s operating assets are located across multiple U.S. states. Its facility disclosures identify assets in California, Hawaiʻi, Texas, West Virginia, Nebraska, Oklahoma, Idaho, Maryland, Pennsylvania and Wyoming, among others; listed examples include solar and storage facilities in California and wind facilities in Texas, Nebraska and Wyoming. Distributed solar assets are also reported at various locations. [P114747729][https://www.sec.gov/Archives/edgar/data/1567683/000162828026010952/cwen-20251231.htm]\n\nThe company’s principal executive office is at 300 Carnegie Center, Suite 300, Princeton, New Jersey 08540. [P38583656] The reviewed disclosures do not provide revenue percentages or generation shares by state or region. [https://www.sec.gov/Archives/edgar/data/1567683/000162828026010952/cwen-20251231.htm]\n[P114747729][P38583656][https://www.sec.gov/Archives/edgar/data/1567683/000162828026010952/cwen-20251231.htm]", "updatedAt": "2026-10-02T16:09:45.118572Z" }, { "type": "SEGMENTS", "text": "Clearway Energy reports three segments: Flexible Generation, Renewables & Storage, and Corporate. Renewables & Storage comprises solar, wind, and battery energy storage system facilities. Flexible Generation consists of dispatchable, combustion-based assets that provide grid-reliability services. Corporate includes corporate costs and eliminations; it is not a generation segment. [P147172322] [P147172386]\n\nBy operating revenue, Renewables & Storage contributed approximately 82% and Flexible Generation 18% in the first half of 2026 (six months ended June 30). For full-year 2025, their respective shares were approximately 80% and 20%. Corporate had no separately reported operating revenue in these comparisons. [T16838562] [T9155873]\n[P147172322][P147172386][T16838562][T16838562][T16838562][T9155873][T9155873][T9155873]", "updatedAt": "2026-10-02T16:09:45.118572Z" }, { "type": "HISTORY", "text": "NRG Energy formed NRG Yield, Inc. on December 20, 2012, to own and operate generation and thermal-infrastructure assets developed or operated by NRG and its subsidiaries. NRG Yield completed its initial public offering on July 22, 2013, marking its entry as a publicly traded company. [https://www.sec.gov/Archives/edgar/data/1567683/000104746913006811/a2214173zs-1.htm] [https://investor.clearwayenergy.com/news-releases/news-release-details/nrg-yield-inc-announces-second-quarter-2013-financial-results]\n\nThe company expanded its portfolio in its early years, acquiring the 947-MW Alta Wind portfolio in 2014 and completing a 785-MW asset acquisition from NRG in January 2015. [https://investor.clearwayenergy.com/green-bond-and-acquired-alta-wind-farm] [https://investor.clearwayenergy.com/news-releases/news-release-details/nrg-yield-inc-completes-acquisition-second-set-assets-nrg-and] In 2018, after Global Infrastructure Partners acquired NRG’s interest in NRG Yield and its renewables platform, the company changed its name to Clearway Energy, Inc.; trading under the Clearway name began that September. [https://www.sec.gov/Archives/edgar/data/1567683/000110465918055334/a18-24111_1ex99d1.htm] [https://investor.clearwayenergy.com/shareholder-services/investor-faqs]\n\nClearway agreed to sell its thermal business to KKR in 2021, completing the $1.9 billion sale on May 2, 2022. [https://media.kkr.com/news-details?news_id=3c1d02c9-3a90-4b52-8641-56dc58b2d989&type=1] [https://investor.nrgyield.com/news-releases/news-release-details/clearway-energy-inc-closes-sale-thermal-business] The company continued expanding its renewable generation holdings, including through an agreement announced in 2022 to acquire five operating wind projects totaling 413 MW. [https://investor.clearwayenergy.com/news-releases/news-release-details/clearway-energy-inc-signs-binding-agreement-acquire-413-mw-wind]\n[https://www.sec.gov/Archives/edgar/data/1567683/000104746913006811/a2214173zs-1.htm][https://investor.clearwayenergy.com/news-releases/news-release-details/nrg-yield-inc-announces-second-quarter-2013-financial-results][https://investor.clearwayenergy.com/green-bond-and-acquired-alta-wind-farm][https://investor.clearwayenergy.com/news-releases/news-release-details/nrg-yield-inc-completes-acquisition-second-set-assets-nrg-and][https://www.sec.gov/Archives/edgar/data/1567683/000110465918055334/a18-24111_1ex99d1.htm][https://investor.clearwayenergy.com/shareholder-services/investor-faqs][https://media.kkr.com/news-details?news_id=3c1d02c9-3a90-4b52-8641-56dc58b2d989&type=1][https://investor.nrgyield.com/news-releases/news-release-details/clearway-energy-inc-closes-sale-thermal-business][https://investor.clearwayenergy.com/news-releases/news-release-details/clearway-energy-inc-signs-binding-agreement-acquire-413-mw-wind]", 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