Clearway Energy reports Q3 EPS $2.00 vs. 36c last year

Reports Q3 revenue $429M, consensus $419.72M. Net Income increased versus 2024 primarily due to lower tax expenses. “For the third quarter, our team operated our fleet with excellence, allowing us to reiterate and narrow our 2025 guidance range. Additionally, continued execution across our redundant growth pathways, including the Deriva solar portfolio acquisition, now allows us to set our sights on delivering at the top end or better of our 2027 financial target range. Following our annual strategic planning process, we are pleased to announce the establishment of our 2030 financial target range to further demonstrate the longevity of our robust earnings power for years to come. We are also pleased to announce that our investment opportunity set for 2026 and 2027 has expanded to now include over 2 GW of identified investment opportunities, with the combination of our repowering program and sponsor-enabled drop-downs providing transparent building blocks toward achieving our 2030 target,” said Craig Cornelius, Clearway Energy (CWEN), Inc.’s President and Chief Executive Officer.