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Dec 31, 2023
Clearway Energy Q4 2023 Earnings Report
Reported full year and Q4 2023 financial results, impacted by weaker wind performance but committed to new long-term corporate capital investments.
Key Takeaways
Clearway Energy, Inc. reported a Net Loss of $73 million, Adjusted EBITDA of $201 million, Cash from Operating Activities of $206 million, and CAFD of $53 million for the fourth quarter of 2023. The company is reaffirming its 2024 full year CAFD guidance of $395 million.
Net Loss of $73 million for Q4 2023, increased versus 2022.
Adjusted EBITDA for Q4 2023 was $201 million, lower than in 2022 due to the expiration of certain tolling agreements.
CAFD for Q4 2023 was $53 million, higher than 2022 primarily due to lower debt service.
Committed to approximately $215 million of new long-term corporate capital investments in 2023.
Revenue by Segment
Forward Guidance
The Company is reaffirming its 2024 full year CAFD guidance of $395 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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