XML 13 R2.htm IDEA: XBRL DOCUMENT v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Operating Revenues        
Total operating revenues $ 481 $ 392 $ 835 $ 690
Operating Costs and Expenses        
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below 149 131 283 253
Depreciation, amortization and accretion 196 163 378 326
General and administrative 15 11 26 21
Transaction and integration costs 5 2 12 5
Total operating costs and expenses 365 307 699 605
Operating Income 116 85 136 85
Other Income (Expense)        
Equity in earnings of unconsolidated affiliates 11 7 16 12
Other income, net 8 8 16 15
Loss on debt extinguishment (3) 0 (5) 0
Interest expense (105) (83) (206) (199)
Total other expense, net (89) (68) (179) (172)
Income (Loss) Before Income Taxes 27 17 (43) (87)
Income tax (benefit) expense (3) 5 (5) 5
Net Income (Loss) 30 12 (38) (92)
Less: Net (loss) income attributable to noncontrolling interests and redeemable noncontrolling interests (92) (18) 3 (119)
Net Income (Loss) Attributable to Clearway Energy, Inc. $ 122 30 $ (41) 27
Common Class A        
Other Income (Expense)        
Net Income (Loss) Attributable to Clearway Energy, Inc.   $ 9   $ 8
Earnings (Loss) Per Share Attributable to Clearway Energy, Inc. Class A and Class C Common Stockholders        
Weighted average number shares outstanding - basic (in shares) 11 35 23 35
Weighted average number of shares outstanding - diluted (in shares) 11 35 23 35
Earnings (Loss) Per Weighted Average Common Share - Basic (in dollars per share) $ 1.00 $ 0.25 $ (0.34) $ 0.23
Earnings (Loss) Per Weighted Average Common Share - Diluted (in dollars per share) 1.00 0.25 (0.34) 0.23
Dividends Per Common Share (in dollars per share) $ 0 $ 0.4384 $ 0.4602 $ 0.8696
Common Class C        
Other Income (Expense)        
Net Income (Loss) Attributable to Clearway Energy, Inc.   $ 21   $ 19
Earnings (Loss) Per Share Attributable to Clearway Energy, Inc. Class A and Class C Common Stockholders        
Weighted average number shares outstanding - basic (in shares) 110 83 98 83
Weighted average number of shares outstanding - diluted (in shares) 110 83 98 83
Earnings (Loss) Per Weighted Average Common Share - Basic (in dollars per share) $ 1.00 $ 0.25 $ (0.34) $ 0.23
Earnings (Loss) Per Weighted Average Common Share - Diluted (in dollars per share) 1.00 0.25 (0.34) 0.23
Dividends Per Common Share (in dollars per share) $ 0.4676 $ 0.4384 $ 0.9278 $ 0.8696