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Stock impact report

Clearway Energy, Inc. Reports First Quarter 2024 Financial Results

Clearway Energy, Inc. Class C (CWEN) 
Last clearway energy, inc. class c earnings: 11/6 06:32 am Check Earnings Report
Company Research Source: GlobeNewswire
Signed agreements with Clearway Group to commit to invest in 55 MW of wind and 257 MW of solar plus storage projectsEntered into new Resource Adequacy Contracts for Marsh Landing and Walnut CreekReaffirming 2024 financial guidanceIncreasing the quarterly dividend by 1.7% to $0.4102 per share in the second quarter of 2024, or $1.64 per share annualizedContinue to target annual dividend per share growth in the upper range of 5% to 8% through 2026 PRINCETON, N.J., May 09, 2024 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) today reported first quarter 2024 financial results, including Net Loss of $(46) million, Adjusted EBITDA of $211 million, Cash from Operating Activities of $81 million, and Cash Available for Distribution (CAFD) of $52 million. "Clearway remains well positioned to achieve its 2024 financial objectives. We reported solid first quarter results highlighting the benefits of our fleet's geographic and technological diversification,” said Craig Cornelius Show less Read more
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