Clearway is one of the largest developers and operators of clean energy in the United States with over 5.7 gigawatts of wind, solar, and energy storage in operation, including assets owned through their affiliate company, Clearway Energy, Inc.
Company profile
Ticker
CWEN, CWEN.A
Exchange
Website
CEO
Christopher Sotos
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
NRG Yield, Inc., NRG Yieldco, Inc.
SEC CIK
Corporate docs
Subsidiaries
2011 Finance Holdco LLC • AC Solar Holdings LLC • Adams Community Solar Garden I LLC • Adams Community Solar Garden II LLC • Adams Community Solar Garden III LLC • Adams Community Solar Gardens LLC • Agua Caliente Borrower 1 LLC • Agua Caliente Borrower 2 LLC • Agua Caliente Solar Holdings LLC • Agua Caliente Solar, LLC ...
IRS number
461777204
CWEN stock data
Latest filings (excl ownership)
ARS
2023 FY
Annual report to shareholders
15 Mar 24
DEFA14A
Additional proxy soliciting materials
15 Mar 24
DEF 14A
Definitive proxy
15 Mar 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Clearway Energy, Inc. Reports Full Year 2023 Financial Results
22 Feb 24
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Clearway Energy, Inc. Reports Third Quarter 2023 Financial Results
2 Nov 23
S-3ASR
Automatic shelf registration
8 Aug 23
10-Q
2023 Q2
Quarterly report
8 Aug 23
8-K
Clearway Energy, Inc. Reports Second Quarter 2023 Financial Results
8 Aug 23
Transcripts
CWEN
Earnings call transcript
2022 Q3
2 Nov 22
CWEN
Earnings call transcript
2022 Q2
2 Aug 22
CWEN
Earnings call transcript
2022 Q2
2 Aug 22
CWEN
Earnings call transcript
2022 Q1
6 May 22
CWEN
Earnings call transcript
2021 Q4
28 Feb 22
CWEN
Earnings call transcript
2021 Q3
4 Nov 21
CWEN
Earnings call transcript
2021 Q2
3 Aug 21
CWEN
Earnings call transcript
2021 Q1
6 May 21
CWEN
Earnings call transcript
2020 Q4
1 Mar 21
CWEN
Earnings call transcript
2020 Q3
5 Nov 20
Latest ownership filings
4
SE TotalEnergies
17 Apr 24
4
Michael Taft Murphy
17 Apr 24
4
Sarah Rubenstein
17 Apr 24
4
Kevin P. Malcarney
17 Apr 24
4
Christopher S Sotos
17 Apr 24
4
SE TotalEnergies
16 Apr 24
4
Change in insider ownership
16 Apr 24
4/A
Change in insider ownership (amended)
16 Apr 24
4/A
SE TotalEnergies
16 Apr 24
4
SE TotalEnergies
3 Apr 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.16 bn | 1.16 bn | 1.16 bn | 1.16 bn | 1.16 bn | 1.16 bn |
Cash burn (monthly) | (no burn) | 3.725290298461914e-9 | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 2.530256581961165e-8 | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 1.16 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 310311387136000000.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
85.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 275 |
Opened positions | 162 |
Closed positions | 45 |
Increased positions | 85 |
Reduced positions | 25 |
13F shares | Current |
---|---|
Total value | 1.43 tn |
Total shares | 70.29 mm |
Total puts | 111.50 k |
Total calls | 75.30 k |
Total put/call ratio | 1.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 9.49 mm | $200.71 bn |
Vanguard | 8.51 mm | $180.09 bn |
BK Bank Of New York Mellon | 3.39 mm | $71.84 bn |
Tortoise Capital Advisors, L.L.C. | 2.91 mm | $61.54 bn |
Neuberger Berman | 2.71 mm | $57.40 bn |
Kayne Anderson Capital Advisors | 2.01 mm | $42.48 bn |
Apollo Management Holdings GP | 1.96 mm | $0.00 |
FMR | 1.93 mm | $40.75 bn |
MS Morgan Stanley | 1.82 mm | $38.44 bn |
Geode Capital Management | 1.63 mm | $34.59 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Kevin P. Malcarney | Class C Common Stock, par value $.01 per share | Grant | Acquire A | No | No | 0 | 7,859 | 0.00 | 77,946 |
15 Apr 24 | Kevin P. Malcarney | Class C Common Stock, par value $.01 per share | Payment of exercise | Dispose F | No | No | 0 | 170 | 0.00 | 70,087 |
15 Apr 24 | Kevin P. Malcarney | Class C Common Stock, par value $.01 per share | Sale back to company | Dispose D | No | No | 0 | 3,636 | 0.00 | 70,257 |
15 Apr 24 | Kevin P. Malcarney | Class C Common Stock, par value $.01 per share | Option exercise | Acquire M | No | No | 0 | 5,472 | 0.00 | 73,893 |
15 Apr 24 | Kevin P. Malcarney | Class C Common Stock, par value $.01 per share | Payment of exercise | Dispose F | No | No | 0 | 885 | 0.00 | 68,421 |
15 Apr 24 | Kevin P. Malcarney | Class C Common Stock, par value $.01 per share | Payment of exercise | Dispose F | No | No | 0 | 717 | 0.00 | 69,306 |
15 Apr 24 | Kevin P. Malcarney | Class C Common Stock, par value $.01 per share | Payment of exercise | Dispose F | No | No | 0 | 787 | 0.00 | 70,023 |
15 Apr 24 | Kevin P. Malcarney | Relative Performance Stock Units Class C Common Stock, par value $.01 per share | Grant | Acquire A | No | No | 0 | 15,316 | 0.00 | 15,316 |
15 Apr 24 | Christopher S Sotos | Class C Common Stock, par value $.01 per share | Grant | Acquire A | No | No | 0 | 35,526 | 0.00 | 379,451 |
15 Apr 24 | Christopher S Sotos | Class C Common Stock, par value $.01 per share | Sale back to company | Dispose D | No | No | 0 | 14,573 | 0.00 | 343,925 |
News
2 Of The Top 5 World Economies Can Now Run 100% On Renewable Energy
29 Mar 24
Morgan Stanley Maintains Equal-Weight on Clearway Energy, Raises Price Target to $25
1 Mar 24
RBC Capital Maintains Sector Perform on Clearway Energy, Lowers Price Target to $25
27 Feb 24
Earnings Scheduled For February 22, 2024
22 Feb 24
Clearway Energy Boosts Quarterly Dividend/Share to $0.4033, up by 1.7% QoQ
15 Feb 24