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Dec 31, 2019
Clearway Energy Q4 2019 Earnings Report
Reported full year 2019 financial results and increased 2020 financial guidance.
Key Takeaways
Clearway Energy, Inc. reported a Net Loss of $48 million, Adjusted EBITDA of $194 million, Cash from Operating Activities of $103 million, and CAFD of $22 million for Q4 2019. The company also increased its 2020 full year CAFD guidance to $310 million.
Full year financial performance in-line with expectations
Executed on $386 million in new accretive growth investments
Raised $700 million of new corporate level capital in the fourth quarter of 2019 to support growth investments and optimize the balance sheet
Increased quarterly dividend by 5% to $0.21 per share in the first quarter 2020
Clearway Energy
Clearway Energy
Clearway Energy Revenue by Segment
Revenue by Segment
Renewables & Storage Revenue
CapyFin.comCorporate Revenue
CapyFin.com Forward Guidance
Primarily due to the transactions that closed in December 2019, the Company is increasing its 2020 full year CAFD guidance to $310 million.