Clearway Energy reports Q4 adjusted EBITDA $228M
“Clearway’s full year 2024 results exceeded guidance with excellent performance across all technologies in our diverse operating fleet. Since our last earnings call, we also demonstrated meaningful progress towards meeting our long-term financial objectives across multiple growth pathways, including: finalized dropdown commitments, a targeted third party asset acquisition, the launch of a next wave of project repowerings, and continued enhancement to our fleet’s cashflows through accretive new contracts for our operating fleet. Through our enterprise’s proactive planning and well-defined growth roadmap, we remain on a solid path to meeting our goal to deliver the midpoint or better of $2.40 to $2.60 in CAFD per share in 2027 as well as our long-term financial targets beyond 2027,” said Craig Cornelius, Clearway Energy’s (CWEN) CEO.