Exceeding Financial and Operational Goals
Clearway Energy exceeded its key objectives for 2024, delivering full-year CAFD ahead of guidance and achieving dividend per share growth commitments.
Significant Growth Investments
Committed approximately $450 million in growth investments for 2024, including over 1 gigawatt of renewable power generation and energy storage capacity.
Record-Breaking Renewable Energy Projects
Successfully brought online over 1 gigawatt of renewable power generation and energy storage capacity.
Strong Performance in Flexible Generation Segment
The Flexible Generation segment showed solid availability, exceeding expectations and being fully contracted in 2026 with 78% contracted through 2027.
Strong Financial Results
Reported full-year adjusted EBITDA of $1.146 billion and CAFD of $425 million, surpassing the guidance of $395 million.
Promising Future with Data Center Projects
Clearway has 5 gigawatts of projects in development to serve data center demand, positioning it well for future growth.
Successful Asset Acquisitions
Signed a binding agreement to acquire Tuolumne, expected to generate approximately 12% five-year average annual CAFD yield.