Long-term Debt (Tables)

6 Months Ended

Jun. 30, 2026

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

The Company’s borrowings, including short-term and long-term portions, consisted of the following:

	Maturity Date	June 30, 2026		December 31, 2025		Interest Rate (a)
		(In millions)
Senior Notes	2028-2034	$	2,725	$	2,125	3.750% - 5.750%
Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility (b) (c)	2028	60		361		S+1.750%
Non-recourse facility-level debt:
Fixed rate	2031-2040	3,195		3,001		2.339% - 8.000%
Variable rate	2026-2036	3,157		3,187		S+1.375% - 2.750%
Total debt		9,137		8,674
Less current maturities		(570)		(708)
Less net debt issuance costs		(80)		(70)
Add premiums (d)		4		2
Total long-term debt		$	8,491	$	7,898

(a) As of June 30, 2026, S+ equals SOFR plus x%.

(b) Applicable rate is determined by the borrower leverage ratio, as defined in the credit agreement.

(c) During July 2026, the Company borrowed an additional $45 million under the revolving credit facility and subsequently repaid $50 million. As of July 31, 2026, the Company had $55 million in outstanding borrowings under the revolving credit facility.

(d) Premiums relate to the 2028 Senior Notes and the debt assumed in the Cardinal Portfolio acquisition.