Clearway Energy Has Accelerating Growth From AI Buildout (NYSE:CWEN)

I last wrote about Clearway Energy (CWEN) in August of 2023. There are 3 big changes since then which I think warrant a new thesis: The stock price is up substantially with the cheaper A shares (CWEN.A) now trading at a 16.3X CAFD. Demand for incremental power development has become ubiquitous. Power purchase agreement (PPA) pricing has nearly doubled which has implications for both going in yield and rollover organic growth. I believe changes 2 and 3 make CWEN capable of hitting its recently issued ambit ...