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Stock impact report

Clearway Energy, Inc. Reports Full Year 2023 Financial Results [Yahoo! Finance]

Clearway Energy, Inc. Class A (CWEN.A) 
Company Research Source: Yahoo! Finance
Signed contracts in last twelve months ensuring that 42% of the Resource Adequacy for Marsh Landing, Walnut Creek and El Segundo is contracted in 2027, with nearly 100% contracted through 2026 Reaffirming 2024 financial guidance Increased the quarterly dividend by 1.7% to p er share in the first quarter of 20 24, or $1.61 per share annualized Continue to target annual dividend per share growth in the upper range of 5% to 8% through 2026 PRINCETON, N.J., Feb. 22, 2024 (GLOBE NEWSWIRE) -- 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. "While 2023 financial results were impacted by weaker wind performance throughout the year, the long-term outlook for Clearway remains positive. In 2023, the Company committed to approximately $215 million of new long-term cor Show less Read more
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