Clearway Energy Q3 net income rises to $60 mln

Clearway Energy

04/11/2025 21:23

Overview

Clearway Energy Q3 net income rises to $60 mln, driven by lower tax expenses

Adjusted EBITDA for Q3 2025 increases to $385 mln, supported by growth investments

Company raised $50 mln through equity issuance program

Outlook

Company narrows 2025 full-year CAFD guidance to $420 mln-$440 mln

Clearway Energy sets 2026 full-year CAFD guidance at $470 mln-$510 mln

Company expands 2026/2027 investment opportunities to over 2 GW

Result Drivers

GROWTH INVESTMENTS - Higher Adjusted EBITDA in Q3 2025 attributed to growth investments and higher wind resources

DERIVA SOLAR ACQUISITION - Acquisition of 613 MW operational solar portfolio

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
$60 mln
Q3 Adjusted EBITDA
$385 mln
Q3 Dividend
$0.45
Q3 Operating Cash Flow
$225 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

Wall Street's median 12-month price target for Clearway Energy Inc is $37.00, about 12.2% above its November 3 closing price of $32.50

The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 25 three months ago

Press Release: ID:nGNXQmMjy

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)