Clearway Energy(US:CWEN)2023-02-23 14:39Financial Performance & Outlook - Clearway Energy's 2022 full year CAFD was $326 million[3], impacted by wind resource and forced outages[3] - The company is reaffirming its 2023 CAFD guidance of $410 million[22] - The company anticipates achieving the upper range of its 5-8% DPS growth target through 2026[14] - An increase in Pro Forma CAFD Outlook from $390 million to $410 million for Victory Pass/Arica[13] Capital Allocation & Investments - Clearway Energy committed to approximately $348 million of new long-term corporate capital investments in 2022[4] - The company raised over $1.3 billion of corporate level capital through Thermal disposition[10] - Approximately $228 million of corporate capital is committed to invest in Victory Pass/Arica projects[23] - $750 million of excess Thermal proceeds are fully allocated, supporting over $2.15 of CAFD per share[24] Growth & Pipeline - The sponsor's renewable pipeline grows to 27.7 GW, including 7.2 GW of late-stage projects[11] - The company has a repowering pipeline containing over 1 GW of projects targeting CODs over the next 4 years[6]