Revision of Previously Issued Unaudited Financial Information

6 Months Ended

Jun. 30, 2026

Quarterly Financial Information Disclosure [Abstract]

Revision of Previously Issued Unaudited Financial Information

Revision of Previously Issued Unaudited Financial Information

As discussed in Item 15 — Note 18, Revision of Previously Issued Unaudited Financial Information (Unaudited), during the fourth quarter of 2025, the Company’s management identified errors related to certain calculations of hypothetical liquidation at book value (HLBV) accounting used to allocate net income (loss) to the Company’s redeemable noncontrolling interests and noncontrolling interests in tax equity partnerships in each of the quarters ended March 31, 2025, June 30, 2025 and September 30, 2025. The Company evaluated the materiality of the errors in accordance with Staff Accounting Bulletins No. 99 and No. 108 of the SEC and concluded that the errors were immaterial to all previously reported periods and did not require restatement of any previously issued financial statements.

A summary of the corrections to the impacted financial statement line items is presented below:

	Three months ended June 30, 2025						Six months ended June 30, 2025
(in millions, except per share amount)	As Previously Reported		Adjustments		As Revised		As Previously Reported		Adjustments		As Revised
	(Unaudited)						(Unaudited)
Consolidated Statement of Operations
Net loss attributable to noncontrolling interests and redeemable noncontrolling interests	$	(21)	$	3	$	(18)	$	(129)	$	10	$	(119)
Net income attributable to Clearway Energy, Inc.	33		(3)		30		37		(10)		27
Earnings per weighted average Class A and Class C common share - basic and diluted	$	0.28	$	(0.03)	$	0.25	$	0.31	$	(0.08)	$	0.23
Consolidated Statement of Comprehensive Income
Comprehensive loss attributable to noncontrolling interests	$	(30)	$	3	$	(27)	$	(141)	$	10	$	(131)
Comprehensive income attributable to Clearway Energy, Inc.	$	29	$	(3)	$	26	$	31	$	(10)	$	21
Consolidated Balance Sheet (As of June 30, 2025)
Redeemable noncontrolling interest in subsidiaries	$	38	$	7	$	45
Retained earnings	188		(10)		178
Noncontrolling interest	3,693		3		3,696
Total Stockholders’ Equity	$	5,542	$	(7)	$	5,535
Consolidated Statements of Stockholders’ Equity
Retained Earnings:
Net income	$	33	$	(3)	$	30
Retained Earnings at June 30, 2025	$	188	$	(10)	$	178
Noncontrolling Interest:
Net loss	$	(8)	$	(4)	$	(12)
Noncontrolling Interest at June 30, 2025	$	3,693	$	3	$	3,696

See Note 8, Earnings (Loss) Per Share, and Note 10, Segment Reporting, for more details related to the revisions included in the notes to the financial statements.