Clearway Energy Brands, Inc. (NYSE:CWEN) Q3 2021 Earnings Conference Call November 4, 2021 8:00 AM ET Company Participants Christopher Sotos - President, CEO & Director Chad Plotkin - SVP & CFO Craig Cornelius - CEO & President Conference Call Participants Colton Bean - Tudor, Pickering, Holt & Co. Julien Dumoulin-Smith - Bank of America Merrill Lynch Michael Lapides - Goldman Sachs Group Steven Fleishman - Wolfe Research Noah Kaye - Oppenheimer William Grippin - UBS Operator Good day, and thank you for sta ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2021 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-36002 Clearway Energy, Inc. (Exact name of registrant as specified in its charter) Delaware 46-1777204 (State or other jurisdiction of incorporation or organization) (I.R. ...

● Clearway Energy Clearway Energy, Inc. Second Quarter 2021 Results Presentation August 3, 2021 Safe Harbor This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are subject to certain risks, uncertainties and assumptions and typically can be identified by the use of words such as "expect," "estimate," "should," "anticipate," "forecast," "plan," "guidance," "outl ...

Clearway Energy, Inc. (NYSE:CWEN) Q2 2021 Earnings Conference Call August 3, 2021 8:00 AM ET Company Participants Chris Sotos - President and Chief Executive Officer Akil Marsh - Investor Relations Chad Plotkin - Chief Financial Officer Craig Cornelius - President and Chief Executive Officer, Clearway Energy Group Conference Call Participants Julien Dumoulin-Smith - Bank of America Colton Bean - Tudor, Pickering, Holt Steve Fleishman - Wolfe Research Durgesh Chopra - Evercore ISI Colin Rusch - Oppenheimer O ...

Financial Performance - Clearway Energy, Inc. reported an Adjusted EBITDA of $150 million for the quarter, representing a 10% increase year-over-year[10]. - Total operating revenues for the quarter were $200 million, up 15% compared to the same period last year[10]. - Operating income for the three months ended June 30, 2021, was $133 million, compared to $130 million for the same period in 2020, showing a slight increase of 2.3%[14]. - Net income attributable to Clearway Energy, Inc. for the three months ended June 30, 2021, was $35 million, down from $47 million in the same period of 2020, reflecting a decrease of 25.5%[14]. - Earnings per share for the three months ended June 30, 2021, was $0.30, compared to $0.41 for the same period in 2020, a decline of 26.8%[14]. - The company reported a comprehensive income attributable to Clearway Energy, Inc. of $35 million for Q2 2021, down from $49 million in Q2 2020[18]. - The net income for the six months ended June 30, 2021, was $31 million, compared to a net loss of $107 million for the same period in 2020[30]. - The company had a net income attributable to Clearway Energy, Inc. of $10 million for the three months ended June 30, 2021[136]. - The company reported a net income of $76 million for the second quarter of 2020, compared to a net loss of $107 million in the same period of the previous year[30]. Cash Flow and Liquidity - Clearway Energy's Cash Available for Distribution (CAFD) was reported at $90 million, indicating a strong cash flow position[10]. - Cash and cash equivalents at the end of the period were $138 million, down from $268 million at the beginning of the year, a decrease of 48.6%[21]. - Net cash provided by operating activities for the six months ended June 30, 2021, was $241 million, compared to $184 million for the same period in 2020, an increase of 30.9%[24]. - The company reported a net cash used in investing activities of $420 million for the six months ended June 30, 2021, compared to a net cash provided of $40 million in the same period of 2020[24]. - Net cash provided by financing activities for the six months ended June 30, 2021, was $184 million, compared to a net cash used of $225 million in the same period of 2020[24]. - Total cash, cash equivalents, and restricted cash amounted to $470 million as of June 30, 2021, slightly up from $465 million at the end of 2020[43]. - Cash used in investing activities totaled $420 million, a significant increase from a net cash provided of $40 million in the prior year[24]. - Payments of dividends and distributions increased to $132 million from $84 million year-over-year[24]. Debt and Financial Stability - Clearway Energy's debt levels remain manageable, with a total outstanding debt of $2.5 billion, ensuring financial stability[10]. - Long-term debt rose to $7.434 billion as of June 30, 2021, up from $6.585 billion at the end of 2020, indicating a 12.9% increase[21]. - The company had a total project-level debt of $5,834 million as of June 30, 2021[126]. - The company was in compliance with all required financial covenants as of June 30, 2021[126]. - The Company had interest rate derivative instruments on non-recourse debt extending through 2044 as of June 30, 2021[114]. - The Company consolidated non-recourse debt of $716 million related to Agua Caliente Solar, LLC, which matures in 2037[132]. Investments and Acquisitions - The company is actively pursuing acquisitions to expand its portfolio, with a focus on renewable energy assets[6]. - The Agua Caliente acquisition contributed $273 million to the total stockholders' equity during the first half of 2021[26]. - The company acquired CEG's equity interest in CWSP Rattlesnake Holding LLC for $132 million, which includes a 160 MW wind facility with a 20-year PPA[69]. - The acquisition of Agua Caliente Borrower 1 LLC for $202 million increased the company's equity interest in the Agua Caliente solar project to 51%[69]. - The company acquired NedPower Mount Storm LLC for approximately $96 million, which includes a 264 MW wind project with a 10-year energy hedge[78]. Operational Highlights - Clearway Energy anticipates a 5% growth in power generation capacity by the end of 2024, driven by new projects coming online[6]. - The company owns over 4,700 net MW of installed wind and solar generation projects, making it one of the largest renewable energy owners in the U.S.[34]. - The company has approximately 2,500 net MW of environmentally-sound, highly efficient generation facilities in its asset portfolio[34]. - Total operating revenue for the six months ended June 30, 2021, was $617 million, with a significant portion derived from long-term Power Purchase Agreements (PPAs)[61]. - Operating revenues for Conventional Generation were $109 million, Renewables generated $222 million, and Thermal contributed $49 million for the three months ended June 30, 2021, totaling $3 million[141]. Shareholder Returns - The company maintained a quarterly dividend of $0.30 per share, reflecting a commitment to returning value to shareholders[6]. - The company declared quarterly dividends of $0.3345 per share for Class A and Class C common stock, payable on September 15, 2021[47]. - Dividends per Class A and Class C common share for Q2 2021 were $0.329, up from $0.210 in Q2 2020, representing a 56.4% increase[14]. - The company expects comparable cash dividends to continue based on current circumstances and market conditions[46]. Risks and Legal Matters - The company has identified potential risks related to supply chain disruptions and regulatory changes that could impact operations[6]. - The Company believes it has valid defenses against ongoing legal proceedings and intends to defend them vigorously[155]. - The U.S. District Court granted a motion for summary judgment in favor of the Company regarding the Nebraska Public Power District litigation, permanently enjoining NPPD from terminating the PPAs[158]. - Buckthorn Westex, a subsidiary of the Company, is vigorously defending against allegations of fraud and breach of contract in the Buckthorn Solar litigation[159]. - The Company is subject to various risks including the ability to maintain and grow its quarterly dividend and potential impacts from COVID-19[6].

● Clearway Energy Clearway Energy, Inc. First Quarter 2021 Results Presentation May 6, 2021 Safe Harbor This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are subject to certain risks, uncertainties and assumptions and typically can be identified by the use of words such as "expect," "estimate," "should," "anticipate," "forecast," "plan," "guidance," "outlook, ...

Clearway Energy, Inc. (NYSE:CWEN) Q1 2021 Earnings Conference Call May 6, 2021 8:00 AM ET Company Participants Christopher Sotos - President & Chief Executive Officer Chad Plotkin - Chief Financial Officer Craig Cornelius - President & Chief Executive Officer, Clearway Energy Group Conference Call Participants Angie Storozynski - Seaport Global Colton Bean - Tudor, Pickering, Holt & Co. Colin Rusch - Oppenheimer Michael Lapides - Goldman Sachs Keith Stanley - Wolfe Research Operator Good day. And thank you ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2021 ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission File Number: 001-36002 Clearway Energy, Inc. (Exact name of registrant as specified in its charter) Delaware 46-1777204 (State or other jurisdiction of incorporation or organization) (I.R.S. E ...

● Clearway Energy Clearway Energy, Inc. Fourth Quarter 2020 Results Presentation March 1, 2021 Safe Harbor This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are subject to certain risks, uncertainties and assumptions and typically can be identified by the use of words such as "expect," "estimate," "should," "anticipate," "forecast," "plan," "guidance," "outlo ...

Clearway Energy, Inc. (NYSE:CWEN) Q4 2020 Earnings Conference Call March 1, 2021 8:00 AM ET Company Participants Akil Marsh - IR Christopher Sotos - Chief Executive Officer Chad Plotkin - Chief Financial Officer Craig Cornelius - President and CEO, Clearway Energy Group Conference Call Participants Julien Dumoulin Smith - Bank of America Merrill Lynch Michael Lapides - Goldman Sachs Colin Rusch - Oppenheimer Operator Good morning ladies and gentlemen and welcome to the Clearway Energy Inc. Fourth Quarter 20 ...