Clearway Energy, Inc. reported full year 2021 financial results, including a Net Loss of $(75) million, Adjusted EBITDA of $1,150 million, Cash from Operating Activities of $701 million, and Cash Available for Distribution (CAFD) of $336 million. The company closed on growth investments and optimized the balance sheet through new corporate bonds.
Full year financial performance ahead of guidance and in-line with sensitivities
Funded approximately $820 million in new growth investments
Raised $1.3 billion in new corporate level capital through the issuance of Green Bonds
Sale of Clearway's Thermal Business remains on track to close in the first half of 2022
The Company is reiterating its 2022 full year CAFD guidance of $395 million and pro forma CAFD outlook expectations of approximately $385 million.
Visualization of income flow from segment revenue to net income