Brief: Clearway Energy Provides Operational Update On El Segundo Energy Center

Clearway Energy

21/09/2022 11:53

Sept 21 (Reuters) - Clearway Energy Inc  CWENa.N :
    * CLEARWAY ENERGY, INC. PROVIDES OPERATIONAL UPDATE ON EL
SEGUNDO
ENERGY CENTER
    * CLEARWAY ENERGY - FROM AUG 29, EL SEGUNDO ENERGY CENTER
BEGAN
FORCED OUTAGE AT UNITS 7 & 8 DUE TO DAMAGE OF PORTION OF TUBE
BUNDLES USED TO CONDENSE STEAM
    * CLEARWAY ENERGY INC - AFTER INITIAL REPAIRS, BOTH UNIT 7
AND 8
RETURNED TO SERVICE ON SEPTEMBER 14(TH)
    * CLEARWAY ENERGY INC - PLANS TO REPLACE REMAINING TUBE
BUNDLES AT
UNIT 7 AND 8
    * CLEARWAY ENERGY - ESTIMATES CASH IMPACT RELATED TO FORCED
OUTAGE
DUE TO LOST REVENUE, O&M, CAPITAL EXPENDITURES TO BE ABOUT
$10-12 MILLION IN 2022
    * CLEARWAY ENERGY INC - REITERATING ITS TARGET TO ACHIEVE
UPPER
RANGE OF ITS 5% TO 8% ANNUAL DIVIDEND GROWTH OBJECTIVE THROUGH
AT LEAST 2026

Source text for Eikon:  ID:nGNX8gtD9t 
Further company coverage:  CWENa.N 

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