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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
Revenue by Segment
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.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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