Clearway Energy (Class C) (CWEN)
Utilities · Renewable energy generation and power production
A utility-scale renewable energy operator providing solar, wind, and battery storage generation across the U.S. with contracted power sales and a strong focus on dividend distribution.
What Clearway Energy (Class C) does
Clearway Energy is a renewable energy company that develops, owns, and operates solar, wind, and energy storage facilities across the United States. The company generates electricity from its portfolio of operational assets and sells power through contracted offtake agreements with various counterparties. Clearway is controlled by Clearway Energy Group LLC and operates through Clearway Energy Operating LLC, with a focus on expanding its renewable generation capacity and diversifying into battery energy storage systems.
Themes: ["Solar energy / photovoltaic generation","Wind energy generation","Energy storage / battery systems","Renewable electricity","Power generation / offtake agreements"]
Fundamentals
- Price$33.37 as of 2026-07-09 close
- Market cap$7.6B as of 2026-07-10
- 1-year return-36.6% as of 2026-07-09 close
- P/E44.77 as of 2026-07-10
- Net margin+11.8% as of 2026-07-10
- Gross margin+62.9% as of 2026-07-10
- ROE+8.7% as of 2026-07-10
- Debt / equity4.47 as of 2026-07-10
- Revenue growth (YoY)+4.2% as of 2026-07-10
- Revenue CAGR (3y)+6.3% SEC XBRL
- Beta-0.40 as of 2026-07-10
Dividend: yield +4.7%; 2-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Weather and commodity volatility: exposure to wind/solar conditions, fuel price volatility, and unusual weather that could impact power generation and financial performance","Counterparty and capital markets risk: dependence on offtake agreements with power purchasers, ability to access capital markets, and substantial debt obligations with restrictive covenants at facility level","Regulatory and operational risks: compliance with changing environmental and market regulations, power system constraints, and the ability to efficiently operate assets and manage maintenance costs relative to debt obligations"]
Competitors & peers
- NextEra Energy (NEE)
- Duke Energy (DUK)
- American Electric Power (AEP)
- Dominion Energy (D)
- Southern Company (SO)
- Brookfield Renewable Energy (BEP)
- Ørsted (ORSTED)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.