Clearway Energy C

Clearway Energy has entered into an Equity Distribution Agreement with Wells Fargo Securities, Morgan Stanley, BofA Securities, Citigroup and J.P. Morgan allowing for the sale of up to $100 million of Class C common stock. Sales may be made on the NYSE, through market makers or electronic trading networks at market prices. Net proceeds are intended for general corporate purposes, including repayment/refinancing of debt, working capital, capital expenditures and acquisitions; the shares will be issued pursuant to a prospectus supplement to the S-3 shelf registration. » Mere på de.investing.com

Clearway Energy has named Michael A. Brown senior vice president, general counsel and corporate secretary, effective June 1, 2026. He succeeds Kevin P. Malcarney, who will retire on June 1 and remain as a non-executive employee until June 26. Brown was most recently assistant general counsel at The New York Times, previously worked at Clearway and brings earlier experience from NRG Yield. Clearway operates about 13.6 GW of clean energy capacity and has a market capitalization of roughly $7.67 billion. » Mere på de.investing.com

Clearway Energy operates a large portfolio of renewable and gas generation assets backed by long‑term power purchase agreements, supporting its 4.7% dividend yield. The company plans to retain about 30% of stable cash flows to reinvest in additional income‑producing assets and expects cash flow per share to grow 7%–8% annually through 2030, with 5%–8%+ growth thereafter. Several secured projects are due to enter service in coming years, providing visibility to support continued dividend increases. » Mere på finance.yahoo.com