Loading...
•
Jun 30, 2022
Clearway Energy Q2 2022 Earnings Report
Reported financial results for the second quarter of 2022.
Key Takeaways
Clearway Energy, Inc. reported a net income of $1,149 million, Adjusted EBITDA of $366 million, cash from operating activities of $186 million, and CAFD of $176 million for the second quarter of 2022. The company reaffirmed its 2022 full year CAFD guidance of $365 million and is increasing its pro forma CAFD outlook expectations to approximately $400 million.
Signed binding agreement to acquire a 413 MW wind portfolio
Executed new Resource Adequacy contracts for Marsh Landing; plant now fully contracted through 2026
Reaffirming 2022 financial guidance and raising pro forma CAFD outlook
TotalEnergies entered into an agreement to acquire a 50% interest in Clearway’s sponsor from Global Infrastructure Partners
Revenue by Segment
Forward Guidance
The Company is reaffirming its 2022 full year CAFD guidance of $365 million. The Company is increasing its pro forma CAFD outlook expectations to approximately $400 million from $385 million.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...