Clearway Energy(US:CWEN) ZACKS·2026-02-24 17:57Core Insights - Clearway Energy Inc. (CWEN) reported a fourth-quarter 2025 loss of 89 cents per share, significantly missing the Zacks Consensus Estimate of a loss of 21 cents by 323.81% [1][9] - The company achieved total revenues of $310 million, exceeding the Zacks Consensus Estimate of $305 million by 1.64%, and reflecting a 21.09% increase from the previous year's $256 million [2][9] CWEN's Revenues - Full-year 2025 revenues reached $1.43 billion, compared to $1.37 billion in the previous year [2] Highlights of CWEN's Earnings Release - Adjusted EBITDA for the fourth quarter was $237 million, slightly up from $228 million in the same quarter last year [3] - Total operating costs and expenses for 2025 were $1.27 billion, an 8% increase from $1.18 billion in the prior year, driven by higher operational and transaction costs [3] - Operating income for the year was $160 million, down 18.37% from $196 million the previous year [3] Interest Expenses and Investments - CWEN incurred interest expenses of $387 million, a 26.06% increase from $307 million last year [4] - The company added over 1.3 gigawatts (GW) to its fleet in 2025 and plans to invest $1.0 billion in 2026 [4] Acquisitions and Future Projects - On November 24, 2025, CWEN agreed to acquire 291-MW battery-energy-storage projects from Clearway Group in Colorado and California, expected to close in the second half of 2026 [5] - In the first quarter of 2026, CWEN was invited to invest $200 million in the 520 MW Royal Slope solar plus storage project and $215 million in the 650 MW Swan Solar project, both subject to negotiation and approval [6] CWEN's Financial Position - As of December 31, 2025, CWEN had cash and cash equivalents of $231 million, down from $332 million a year earlier [7] - Total liquidity was $1.06 billion, compared to $1.33 billion as of December 31, 2024 [7] - Long-term debt increased to $7.90 billion from $6.75 billion in the previous year [7] - Net cash provided by operating activities in 2025 was $688 million, down from $770 million the previous year [7] CWEN's Guidance - CWEN projects 2026 cash available for distribution (CAFD) to be between $470 million and $510 million, with a per-share estimate of $2.90-$3.10 [10] - The company expects 2026 Adjusted EBITDA to range from $1.441 billion to $1.481 billion [10] - Cash from operating activities for 2026 is anticipated to be between $1.022 billion and $1.062 billion [10]