Clearway Energy (CWEN) Q4 2025 Earnings Transcript
The Motley Fool
by newsfeedback@fool.com (Motley Fool Transcribing)February 23, 2026
AI-Generated Deep Dive Summary
Clearway Energy (CWEN) delivered a standout performance in its Q4 2025 earnings, reporting full-year CAFD (Core Adjusted Free Cash Flow) of $430 million, which hit the top end of its original guidance range of $400 million to $440 million. The strong financial results were driven by timely project completions and robust investment performance across its renewable energy portfolio. Despite some challenges in wind resources and solar cash flows due to debt service timing, the company maintained its momentum, with adjusted EBITDA reaching $237 million for the quarter and CAFD of $35 million.
Looking ahead, Clearway has reaffirmed its 2026 CAFD guidance of $470 million to $510 million, supported by P50 renewables expectations and contributions from dropdowns and acquisitions. The company also set a long-term target of achieving CAFD per share of $2.70 or higher by 2027, with an aspirational goal of $2.90 to $3.10 by 2030, representing a 7-8% compound annual growth rate (CAGR) from 2025 levels. This growth trajectory is underpinned by over 900 MW of wind repowerings scheduled for 2027, which are expected to yield CAFD returns above 11%, extending the lifecycle of its assets.
Clearway's strategic focus on hyperscaler and utility partnerships has also yielded significant results, with approximately two gigawatts of new PPAs signed in 2025 targeting data center
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Originally published on The Motley Fool on 2/23/2026