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10-Q Filing

CLEARWAY ENERGY, INC. CIK: 1567683 Q3 2019
Filing Information
Form Type 10-Q
Accession Number 0001437749-19-021786
Period End Date 20190930
Filing Date 20191106
Fiscal Year 2019
Fiscal Period Q3
XBRL Instance cwen20190930_10q_htm.xml
Balance Sheet 99 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $148.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $407.00M USD Point-in-time
Restricted cash RestrictedCash $176.00M USD Point-in-time
Restricted cash RestrictedCash $249.00M USD Point-in-time
Accounts receivable trade AccountsReceivableNetCurrent $141.00M USD Point-in-time
Accounts receivable trade AccountsReceivableNetCurrent $104.00M USD Point-in-time
Accounts receivable affiliate DueFromAffiliateCurrent $3.00M USD Point-in-time
Accounts receivable affiliate DueFromAffiliateCurrent - USD Point-in-time
Inventory InventoryNet $43.00M USD Point-in-time
Inventory InventoryNet $40.00M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.01 USD Point-in-time
Derivative instruments DerivativeAssetsCurrent - USD Point-in-time
Derivative instruments DerivativeAssetsCurrent $1.00M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 10.00M shares Point-in-time
Prepayments and other current assets PrepaidExpenseAndOtherAssetsCurrent $29.00M USD Point-in-time
Prepayments and other current assets PrepaidExpenseAndOtherAssetsCurrent $34.00M USD Point-in-time
Preferred stock, shares authorized (in shares) PreferredStockSharesAuthorized 10.00M shares Point-in-time
Total current assets AssetsCurrent $756.00M USD Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Preferred stock, shares issued (in shares) PreferredStockSharesIssued 0.00 shares Point-in-time
Total current assets AssetsCurrent $619.00M USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $5.25B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $5.56B USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.01 USD Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 3.00B shares Point-in-time
Common stock, shares authorized (in shares) CommonStockSharesAuthorized 3.00B shares Point-in-time
Equity investments in affiliates EquityMethodInvestments $1.17B USD Point-in-time
Equity investments in affiliates EquityMethodInvestments $1.18B USD Point-in-time
Common stock shares issued (in shares) CommonStockSharesIssued 193.25M shares Point-in-time
Common stock shares issued (in shares) CommonStockSharesIssued 193.40M shares Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $1.16B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 193.25M shares Point-in-time
Intangible assets, net FiniteLivedIntangibleAssetsNet $1.10B USD Point-in-time
Common stock, shares outstanding (in shares) CommonStockSharesOutstanding 193.40M shares Point-in-time
Derivative instruments DerivativeAssetsNoncurrent - USD Point-in-time
Derivative instruments DerivativeAssetsNoncurrent $8.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $57.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $73.00M USD Point-in-time
Right of use assets, net OperatingLeaseRightOfUseAsset - USD Point-in-time
Right of use assets, net OperatingLeaseRightOfUseAsset $191.00M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $109.00M USD Point-in-time
Other non-current assets OtherAssetsNoncurrent $106.00M USD Point-in-time
Total other assets AssetsNoncurrentExcludingPropertyPlantAndEquipment $2.66B USD Point-in-time
Total other assets AssetsNoncurrentExcludingPropertyPlantAndEquipment $2.50B USD Point-in-time
Total Assets Assets $8.84B USD Point-in-time
Total Assets Assets $8.50B USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $535.00M USD Point-in-time
Current portion of long-term debt LongTermDebtAndCapitalLeaseObligationsCurrent $1.97B USD Point-in-time
Accounts payable trade AccountsPayableTradeCurrent $54.00M USD Point-in-time
Accounts payable trade AccountsPayableTradeCurrent $45.00M USD Point-in-time
Accounts payable affiliate DueToAffiliateCurrent $63.00M USD Point-in-time
Accounts payable affiliate DueToAffiliateCurrent $19.00M USD Point-in-time
Derivative instruments DerivativeLiabilitiesCurrent $4.00M USD Point-in-time
Derivative instruments DerivativeLiabilitiesCurrent $15.00M USD Point-in-time
Accrued interest expense InterestPayableCurrent $44.00M USD Point-in-time
Accrued interest expense InterestPayableCurrent $49.00M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesAndOtherLiabilities $57.00M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesAndOtherLiabilities $100.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $704.00M USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.25B USD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations $5.45B USD Point-in-time
Long-term debt LongTermDebtAndCapitalLeaseObligations $4.14B USD Point-in-time
Derivative instruments DerivativeLiabilitiesNoncurrent $17.00M USD Point-in-time
Derivative instruments DerivativeLiabilitiesNoncurrent $95.00M USD Point-in-time
Long-term lease liabilities OperatingLeaseLiabilityNoncurrent $193.00M USD Point-in-time
Long-term lease liabilities OperatingLeaseLiabilityNoncurrent - USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $115.00M USD Point-in-time
Other non-current liabilities OtherLiabilitiesNoncurrent $108.00M USD Point-in-time
Total non-current liabilities LiabilitiesNoncurrent $5.57B USD Point-in-time
Total non-current liabilities LiabilitiesNoncurrent $4.55B USD Point-in-time
Total Liabilities Liabilities $6.79B USD Point-in-time
Total Liabilities Liabilities $6.28B USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued PreferredStockValue - USD Point-in-time
Preferred stock, $0.01 par value; 10,000,000 shares authorized; none issued PreferredStockValue - USD Point-in-time
Class A, Class B, Class C and Class D common stock, $0.01 par value; 3,000,000,000 shares authorized (Class A 500,000,000, Class B 500,000,000, Class C 1,000,000,000, Class D 1,000,000,000); 193,413,843 shares issued and outstanding (Class A 34,599,645, Class B 42,738,750, Class C 73,336,698, Class D 42,738,750) at September 30, 2019 and 193,251,396 shares issued and outstanding (Class A 34,586,250, Class B 42,738,750, Class C 73,187,646, Class D 42,738,750) at December 31, 2018 CommonStockValue $1.00M USD Point-in-time
Class A, Class B, Class C and Class D common stock, $0.01 par value; 3,000,000,000 shares authorized (Class A 500,000,000, Class B 500,000,000, Class C 1,000,000,000, Class D 1,000,000,000); 193,413,843 shares issued and outstanding (Class A 34,599,645, Class B 42,738,750, Class C 73,336,698, Class D 42,738,750) at September 30, 2019 and 193,251,396 shares issued and outstanding (Class A 34,586,250, Class B 42,738,750, Class C 73,187,646, Class D 42,738,750) at December 31, 2018 CommonStockValue $1.00M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.90B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.83B USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-66.00M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-58.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-18.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-14.00M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-17.00M USD Point-in-time
Noncontrolling interest MinorityInterest $298.00M USD Point-in-time
Noncontrolling interest MinorityInterest $402.00M USD Point-in-time
Total Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.22B USD Point-in-time
Total Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.29B USD Point-in-time
Total Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.38B USD Point-in-time
Total Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.15B USD Point-in-time
Total Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.05B USD Point-in-time
Total Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.13B USD Point-in-time
Total Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.05B USD Point-in-time
Total Stockholders' Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.16B USD Point-in-time
Total Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $8.50B USD Point-in-time
Total Liabilities and Stockholders' Equity LiabilitiesAndStockholdersEquity $8.84B USD Point-in-time
Income Statement 89 line items
Line Item Tag Value Unit Period
Total operating revenues Revenues $296.00M USD 1 Quarter
Total operating revenues Revenues $797.00M USD 3 Qtrs
Total operating revenues Revenues $824.00M USD 3 Qtrs
Total operating revenues Revenues $292.00M USD 1 Quarter
Cost of operations CostOfRevenue $86.00M USD 1 Quarter
Cost of operations CostOfRevenue $247.00M USD 3 Qtrs
Cost of operations CostOfRevenue $249.00M USD 3 Qtrs
Cost of operations CostOfRevenue $84.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $112.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $84.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $285.00M USD 3 Qtrs
Depreciation and amortization DepreciationDepletionAndAmortization $247.00M USD 3 Qtrs
Impairment losses AssetImpairmentCharges $19.00M USD 3 Qtrs
Impairment losses AssetImpairmentCharges - USD 1 Quarter
Impairment losses AssetImpairmentCharges - USD 3 Qtrs
Impairment losses AssetImpairmentCharges - USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $17.00M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $20.00M USD 3 Qtrs
General and administrative GeneralAndAdministrativeExpense $7.00M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $6.00M USD 1 Quarter
Transaction and integration costs BusinessCombinationAcquisitionRelatedCosts $17.00M USD 1 Quarter
Transaction and integration costs BusinessCombinationAcquisitionRelatedCosts $19.00M USD 3 Qtrs
Transaction and integration costs BusinessCombinationAcquisitionRelatedCosts - USD 1 Quarter
Transaction and integration costs BusinessCombinationAcquisitionRelatedCosts $2.00M USD 3 Qtrs
Development costs CostsIncurredDevelopmentCosts $1.00M USD 3 Qtrs
Development costs CostsIncurredDevelopmentCosts $1.00M USD 1 Quarter
Development costs CostsIncurredDevelopmentCosts $4.00M USD 3 Qtrs
Development costs CostsIncurredDevelopmentCosts $1.00M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $531.00M USD 3 Qtrs
Total operating costs and expenses CostsAndExpenses $192.00M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $206.00M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $579.00M USD 3 Qtrs
Operating Income OperatingIncomeLoss $293.00M USD 3 Qtrs
Operating Income OperatingIncomeLoss $90.00M USD 1 Quarter
Operating Income OperatingIncomeLoss $218.00M USD 3 Qtrs
Operating Income OperatingIncomeLoss $100.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $38.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $52.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $32.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $65.00M USD 3 Qtrs
Other income, net OtherNonoperatingIncomeExpense $6.00M USD 3 Qtrs
Other income, net OtherNonoperatingIncomeExpense $4.00M USD 3 Qtrs
Other income, net OtherNonoperatingIncomeExpense $2.00M USD 1 Quarter
Other income, net OtherNonoperatingIncomeExpense $2.00M USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt $-1.00M USD 3 Qtrs
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Interest expense InterestExpense $337.00M USD 3 Qtrs
Interest expense InterestExpense $74.00M USD 1 Quarter
Interest expense InterestExpense $200.00M USD 3 Qtrs
Interest expense InterestExpense $106.00M USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-66.00M USD 1 Quarter
Total other expense, net NonoperatingIncomeExpense $-131.00M USD 3 Qtrs
Total other expense, net NonoperatingIncomeExpense $-280.00M USD 3 Qtrs
Total other expense, net NonoperatingIncomeExpense $-40.00M USD 1 Quarter
Income (Loss) Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-62.00M USD 3 Qtrs
Income (Loss) Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $60.00M USD 1 Quarter
Income (Loss) Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $162.00M USD 3 Qtrs
Income (Loss) Before Income Taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $24.00M USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $-11.00M USD 1 Quarter
Income tax (benefit) expense IncomeTaxExpenseBenefit $-14.00M USD 3 Qtrs
Income tax (benefit) expense IncomeTaxExpenseBenefit $17.00M USD 3 Qtrs
Income tax (benefit) expense IncomeTaxExpenseBenefit $11.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $96.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $-4.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $-36.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $35.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $49.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $145.00M USD 3 Qtrs
Net Income (Loss) ProfitLoss $-48.00M USD 3 Qtrs
Net Income (Loss) ProfitLoss $-47.00M USD 1 Quarter
Less: Pre-acquisition net income of Drop Down Assets PreacquisitionNetIncomeOfAcquiredRofoAssets $4.00M USD 3 Qtrs
Less: Pre-acquisition net income of Drop Down Assets PreacquisitionNetIncomeOfAcquiredRofoAssets - USD 1 Quarter
Less: Pre-acquisition net income of Drop Down Assets PreacquisitionNetIncomeOfAcquiredRofoAssets - USD 3 Qtrs
Less: Pre-acquisition net income of Drop Down Assets PreacquisitionNetIncomeOfAcquiredRofoAssets $-4.00M USD 1 Quarter
Less: Pre-acquisition net income of Drop Down Assets PreacquisitionNetIncomeOfAcquiredRofoAssets - USD 1 Quarter
Net Income (Loss) Excluding Pre-acquisition Net Income of Drop Down Assets NetIncomeExcludingPreacquisitionIncomeOfAcquiredRofoAssets $141.00M USD 3 Qtrs
Net Income (Loss) Excluding Pre-acquisition Net Income of Drop Down Assets NetIncomeExcludingPreacquisitionIncomeOfAcquiredRofoAssets $35.00M USD 1 Quarter
Net Income (Loss) Excluding Pre-acquisition Net Income of Drop Down Assets NetIncomeExcludingPreacquisitionIncomeOfAcquiredRofoAssets $49.00M USD 1 Quarter
Net Income (Loss) Excluding Pre-acquisition Net Income of Drop Down Assets NetIncomeExcludingPreacquisitionIncomeOfAcquiredRofoAssets $-48.00M USD 3 Qtrs
Less: Income (Loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-4.00M USD 1 Quarter
Less: Income (Loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $25.00M USD 3 Qtrs
Less: Income (Loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $-43.00M USD 3 Qtrs
Less: Income (Loss) attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $28.00M USD 1 Quarter
Net Income (Loss) Attributable to Clearway Energy, Inc. NetIncomeLossAvailableToCommonStockholdersBasic $116.00M USD 3 Qtrs
Net Income (Loss) Attributable to Clearway Energy, Inc. NetIncomeLossAvailableToCommonStockholdersBasic $39.00M USD 1 Quarter
Net Income (Loss) Attributable to Clearway Energy, Inc. NetIncomeLossAvailableToCommonStockholdersBasic $21.00M USD 1 Quarter
Net Income (Loss) Attributable to Clearway Energy, Inc. NetIncomeLossAvailableToCommonStockholdersBasic $-5.00M USD 3 Qtrs
Cash Flow Statement 90 line items
Line Item Tag Value Unit Period
Net Income (Loss) ProfitLoss $96.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $-4.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $-36.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $35.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $49.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $145.00M USD 3 Qtrs
Net Income (Loss) ProfitLoss $-48.00M USD 3 Qtrs
Net Income (Loss) ProfitLoss $-47.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $38.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $52.00M USD 3 Qtrs
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $32.00M USD 1 Quarter
Equity in earnings of unconsolidated affiliates IncomeLossFromEquityMethodInvestments $65.00M USD 3 Qtrs
Distributions from unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $58.00M USD 3 Qtrs
Distributions from unconsolidated affiliates EquityMethodInvestmentDividendsOrDistributions $32.00M USD 3 Qtrs
Depreciation and amortization DepreciationAmortizationAndAccretionNet $247.00M USD 3 Qtrs
Depreciation and amortization DepreciationAmortizationAndAccretionNet $285.00M USD 3 Qtrs
Right of use asset amortization OperatingLeaseRightofuseAssetAmortization $5.00M USD 3 Qtrs
Right of use asset amortization OperatingLeaseRightofuseAssetAmortization - USD 3 Qtrs
Amortization of financing costs and debt discounts AmortizationOfFinancingCostsAndDiscounts $14.00M USD 3 Qtrs
Amortization of financing costs and debt discounts AmortizationOfFinancingCostsAndDiscounts $19.00M USD 3 Qtrs
Amortization of intangibles and out-of-market contracts AmortizationOfIntangiblesAndOutOfMarketContracts $52.00M USD 3 Qtrs
Amortization of intangibles and out-of-market contracts AmortizationOfIntangiblesAndOutOfMarketContracts $52.00M USD 3 Qtrs
Adjustment for debt extinguishment GainsLossesOnExtinguishmentOfDebt $-1.00M USD 3 Qtrs
Adjustment for debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 3 Qtrs
Adjustment for debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Adjustment for debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Impairment losses AssetImpairmentCharges $19.00M USD 3 Qtrs
Impairment losses AssetImpairmentCharges - USD 1 Quarter
Impairment losses AssetImpairmentCharges - USD 3 Qtrs
Impairment losses AssetImpairmentCharges - USD 1 Quarter
Changes in deferred income taxes IncreaseDecreaseInIncomeTaxes $-14.00M USD 3 Qtrs
Changes in deferred income taxes IncreaseDecreaseInIncomeTaxes $17.00M USD 3 Qtrs
Changes in derivative instruments IncreaseDecreaseInDerivativeAssetsAndLiabilities $39.00M USD 3 Qtrs
Changes in derivative instruments IncreaseDecreaseInDerivativeAssetsAndLiabilities $-101.00M USD 3 Qtrs
Loss (gain) on disposal of asset components GainLossOnSaleOfPropertyPlantEquipment $2.00M USD 3 Qtrs
Loss (gain) on disposal of asset components GainLossOnSaleOfPropertyPlantEquipment $-5.00M USD 3 Qtrs
Changes in prepaid and accrued liabilities for tolling agreements IncreaseDecreaseInPrepaidAndAccruedLiabilitiesForTollingAgreements $-12.00M USD 3 Qtrs
Changes in prepaid and accrued liabilities for tolling agreements IncreaseDecreaseInPrepaidAndAccruedLiabilitiesForTollingAgreements $-8.00M USD 3 Qtrs
Changes in other working capital IncreaseDecreaseInOtherOperatingCapitalNet $38.00M USD 3 Qtrs
Changes in other working capital IncreaseDecreaseInOtherOperatingCapitalNet $44.00M USD 3 Qtrs
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $374.00M USD 3 Qtrs
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivities $396.00M USD 3 Qtrs
Acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired $100.00M USD 3 Qtrs
Acquisitions PaymentsToAcquireBusinessesNetOfCashAcquired $11.00M USD 3 Qtrs
Partnership interests acquisition PaymentsToAcquireLimitedPartnershipInterests - USD 3 Qtrs
Partnership interests acquisition PaymentsToAcquireLimitedPartnershipInterests $6.00M USD 3 Qtrs
Acquisition of the Drop Down Assets PaymentsToAcquireBusinessUnderCommonControl - USD 3 Qtrs
Acquisition of the Drop Down Assets PaymentsToAcquireBusinessUnderCommonControl $126.00M USD 3 Qtrs
Buyout of Wind TE Holdco non-controlling interest PaymentsToAcquireAdditionalInterestInSubsidiaries $19.00M USD 3 Qtrs
Buyout of Wind TE Holdco non-controlling interest PaymentsToAcquireAdditionalInterestInSubsidiaries - USD 3 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $62.00M USD 3 Qtrs
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $200.00M USD 3 Qtrs
Cash receipts from notes receivable ProceedsFromSaleAndCollectionOfNotesReceivable - USD 3 Qtrs
Cash receipts from notes receivable ProceedsFromSaleAndCollectionOfNotesReceivable $10.00M USD 3 Qtrs
Return of investment from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $22.00M USD 3 Qtrs
Return of investment from unconsolidated affiliates ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $37.00M USD 3 Qtrs
Investments in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $14.00M USD 3 Qtrs
Investments in unconsolidated affiliates PaymentsToAcquireEquityMethodInvestments $16.00M USD 3 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $-2.00M USD 3 Qtrs
Other PaymentsForProceedsFromOtherInvestingActivities $-8.00M USD 3 Qtrs
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-175.00M USD 3 Qtrs
Net Cash Used in Investing Activities NetCashProvidedByUsedInInvestingActivities $-300.00M USD 3 Qtrs
Net (distributions) contributions from noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $-15.00M USD 3 Qtrs
Net (distributions) contributions from noncontrolling interests ProceedsFromPaymentsToMinorityShareholders $93.00M USD 3 Qtrs
Net proceeds from the issuance of common stock under the ATM ProceedsFromIssuanceOfCommonStock $151.00M USD 3 Qtrs
Net proceeds from the issuance of common stock under the ATM ProceedsFromIssuanceOfCommonStock - USD 3 Qtrs
Payments of dividends and distributions PaymentsOfDividends $174.00M USD 3 Qtrs
Payments of dividends and distributions PaymentsOfDividends $116.00M USD 3 Qtrs
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts $5.00M USD 3 Qtrs
Payments of debt issuance costs PaymentsOfDebtIssuanceCosts $15.00M USD 3 Qtrs
Proceeds from the revolving credit facility ProceedsFromLinesOfCredit $35.00M USD 3 Qtrs
Proceeds from the revolving credit facility ProceedsFromLinesOfCredit $22.00M USD 3 Qtrs
Payments for the revolving credit facility RepaymentsOfLinesOfCredit $90.00M USD 3 Qtrs
Payments for the revolving credit facility RepaymentsOfLinesOfCredit $22.00M USD 3 Qtrs
Proceeds from the issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $586.00M USD 3 Qtrs
Proceeds from the issuance of long-term debt ProceedsFromIssuanceOfLongTermDebt $227.00M USD 3 Qtrs
Payments for long-term debt RepaymentsOfLongTermDebt $700.00M USD 3 Qtrs
Payments for long-term debt RepaymentsOfLongTermDebt $385.00M USD 3 Qtrs
Net Cash Used in Financing Activities NetCashProvidedByUsedInFinancingActivities $-148.00M USD 3 Qtrs
Net Cash Used in Financing Activities NetCashProvidedByUsedInFinancingActivities $-260.00M USD 3 Qtrs
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $73.00M USD 3 Qtrs
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-186.00M USD 3 Qtrs
Cash, Cash Equivalents and Restricted Cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $389.00M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $316.00M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $397.00M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $583.00M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $389.00M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $316.00M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $397.00M USD Point-in-time
Cash, Cash Equivalents and Restricted Cash at end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $583.00M USD Point-in-time
Stockholders Equity 68 line items
Line Item Tag Value Unit Period
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.22B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.29B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.38B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.15B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.05B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.13B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.05B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.16B USD Point-in-time
Net loss ProfitLoss $96.00M USD 1 Quarter
Net loss ProfitLoss $-4.00M USD 1 Quarter
Net loss ProfitLoss $-36.00M USD 1 Quarter
Net loss ProfitLoss $35.00M USD 1 Quarter
Net loss ProfitLoss $49.00M USD 1 Quarter
Net loss ProfitLoss $145.00M USD 3 Qtrs
Net loss ProfitLoss $-48.00M USD 3 Qtrs
Net loss ProfitLoss $-47.00M USD 1 Quarter
Unrealized loss on derivatives, net of tax UnrealizedGainLossOnDerivatives $-2.00M USD 1 Quarter
Unrealized loss on derivatives, net of tax UnrealizedGainLossOnDerivatives $17.00M USD 1 Quarter
Unrealized loss on derivatives, net of tax UnrealizedGainLossOnDerivatives $7.00M USD 1 Quarter
Unrealized loss on derivatives, net of tax UnrealizedGainLossOnDerivatives $-1.00M USD 1 Quarter
Unrealized loss on derivatives, net of tax UnrealizedGainLossOnDerivatives $5.00M USD 1 Quarter
Unrealized loss on derivatives, net of tax UnrealizedGainLossOnDerivatives $6.00M USD 1 Quarter
Buyout of Wind TE Holdco non-controlling interest MinorityInterestDecreaseFromRedemptions $19.00M USD 1 Quarter
Buyout of Wind TE Holdco non-controlling interest MinorityInterestDecreaseFromRedemptions $13.00M USD 1 Quarter
Buyout of Wind TE Holdco non-controlling interest MinorityInterestDecreaseFromRedemptions $42.00M USD 1 Quarter
Capital contributions from tax equity investors, net of distributions, cash NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $30.00M USD 1 Quarter
Capital contributions from tax equity investors, net of distributions, cash NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $17.00M USD 1 Quarter
Capital contributions from tax equity investors, net of distributions, cash NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $19.00M USD 1 Quarter
Capital contributions from tax equity investors, net of distributions, cash NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest $79.00M USD 1 Quarter
Contributions from CEG, non-cash AdjustmentsToAdditionalPaidInCapitalDistributionsPaidNonCashNetOfContributions $-12.00M USD 1 Quarter
Contributions from CEG, non-cash AdjustmentsToAdditionalPaidInCapitalDistributionsPaidNonCashNetOfContributions $-6.00M USD 1 Quarter
Contributions from CEG, non-cash AdjustmentsToAdditionalPaidInCapitalDistributionsPaidNonCashNetOfContributions $-1.00M USD 1 Quarter
Cumulative effect from change in accounting principle ImpactOfAdoptionOfAccountingStandardsUpdate $-3.00M USD 1 Quarter
Common stock dividends and distributions CommonStockDividendsAndDistributions $58.00M USD 1 Quarter
Common stock dividends and distributions CommonStockDividendsAndDistributions $55.00M USD 1 Quarter
Common stock dividends and distributions CommonStockDividendsAndDistributions $39.00M USD 1 Quarter
Common stock dividends and distributions CommonStockDividendsAndDistributions $39.00M USD 1 Quarter
Common stock dividends and distributions CommonStockDividendsAndDistributions $38.00M USD 1 Quarter
Common stock dividends and distributions CommonStockDividendsAndDistributions $61.00M USD 1 Quarter
Distributions from non-controlling interests, net of capital contributions, cash NoncontrollingInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersCash $30.00M USD 1 Quarter
Distributions from non-controlling interests, net of capital contributions, cash NoncontrollingInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersCash $4.00M USD 1 Quarter
Distributions from non-controlling interests, net of capital contributions, cash NoncontrollingInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersCash $15.00M USD 1 Quarter
Distributions from non-controlling interests, net of capital contributions, cash NoncontrollingInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersCash $-4.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue - USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.00M USD 1 Quarter
Stock-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $1.00M USD 1 Quarter
Non-cash adjustment for change in tax basis of assets AdjustmentsToAdditionalPaidInCapitalOther $3.00M USD 1 Quarter
Non-cash adjustment for change in tax basis of assets AdjustmentsToAdditionalPaidInCapitalOther $-1.00M USD 1 Quarter
Non-cash adjustment for change in tax basis of assets AdjustmentsToAdditionalPaidInCapitalOther - USD 1 Quarter
Non-cash adjustment for change in tax basis of assets AdjustmentsToAdditionalPaidInCapitalOther $2.00M USD 1 Quarter
Non-cash adjustment for change in tax basis of assets AdjustmentsToAdditionalPaidInCapitalOther $-1.00M USD 1 Quarter
Pre-acquisition net income of Buckthorn Solar Drop Down Asset PreacquisitionNetIncomeOfAcquiredRofoAssets $4.00M USD 3 Qtrs
Pre-acquisition net income of Buckthorn Solar Drop Down Asset PreacquisitionNetIncomeOfAcquiredRofoAssets - USD 1 Quarter
Pre-acquisition net income of Buckthorn Solar Drop Down Asset PreacquisitionNetIncomeOfAcquiredRofoAssets - USD 3 Qtrs
Pre-acquisition net income of Buckthorn Solar Drop Down Asset PreacquisitionNetIncomeOfAcquiredRofoAssets $-4.00M USD 1 Quarter
Pre-acquisition net income of Buckthorn Solar Drop Down Asset PreacquisitionNetIncomeOfAcquiredRofoAssets - USD 1 Quarter
Proceeds from the issuance of Class C common stock StockIssuedDuringPeriodValueNewIssues $10.00M USD 1 Quarter
Proceeds from the issuance of Class C common stock StockIssuedDuringPeriodValueNewIssues $76.00M USD 1 Quarter
Proceeds from the issuance of Class C common stock StockIssuedDuringPeriodValueNewIssues $65.00M USD 1 Quarter
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.22B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.29B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.38B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.15B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.05B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.13B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.05B USD Point-in-time
Balances StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $2.16B USD Point-in-time
Comprehensive Income 37 line items
Line Item Tag Value Unit Period
Unrealized gain on derivatives, income tax benefit OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsTax - USD 3 Qtrs
Net Income (Loss) ProfitLoss $96.00M USD 1 Quarter
Unrealized gain on derivatives, income tax benefit OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsTax - USD 1 Quarter
Net Income (Loss) ProfitLoss $-4.00M USD 1 Quarter
Unrealized gain on derivatives, income tax benefit OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsTax $4.00M USD 3 Qtrs
Net Income (Loss) ProfitLoss $-36.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $35.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $49.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $145.00M USD 3 Qtrs
Net Income (Loss) ProfitLoss $-48.00M USD 3 Qtrs
Unrealized gain on derivatives, income tax benefit OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsTax $1.00M USD 1 Quarter
Net Income (Loss) ProfitLoss $-47.00M USD 1 Quarter
Unrealized (loss) gain on derivatives, net of income tax benefit of $0, $1, $0 and $4 OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax $6.00M USD 1 Quarter
Unrealized (loss) gain on derivatives, net of income tax benefit of $0, $1, $0 and $4 OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax $2.00M USD 3 Qtrs
Unrealized (loss) gain on derivatives, net of income tax benefit of $0, $1, $0 and $4 OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax $-1.00M USD 1 Quarter
Unrealized (loss) gain on derivatives, net of income tax benefit of $0, $1, $0 and $4 OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax $30.00M USD 3 Qtrs
Other comprehensive (loss) gain OtherComprehensiveIncomeLossNetOfTax $6.00M USD 1 Quarter
Other comprehensive (loss) gain OtherComprehensiveIncomeLossNetOfTax $30.00M USD 3 Qtrs
Other comprehensive (loss) gain OtherComprehensiveIncomeLossNetOfTax $2.00M USD 3 Qtrs
Other comprehensive (loss) gain OtherComprehensiveIncomeLossNetOfTax $-1.00M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAndPreacquisitionNetIncomeTotal $55.00M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAndPreacquisitionNetIncomeTotal $34.00M USD 1 Quarter
Comprehensive Income (Loss) ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAndPreacquisitionNetIncomeTotal $175.00M USD 3 Qtrs
Comprehensive Income (Loss) ComprehensiveIncomeLossNetOfTaxIncludingPortionAttributableToNoncontrollingInterestAndPreacquisitionNetIncomeTotal $-46.00M USD 3 Qtrs
Less: Pre-acquisition net income of Drop Down Assets PreacquisitionNetIncomeOfAcquiredRofoAssets $4.00M USD 3 Qtrs
Less: Pre-acquisition net income of Drop Down Assets PreacquisitionNetIncomeOfAcquiredRofoAssets - USD 1 Quarter
Less: Pre-acquisition net income of Drop Down Assets PreacquisitionNetIncomeOfAcquiredRofoAssets - USD 3 Qtrs
Less: Pre-acquisition net income of Drop Down Assets PreacquisitionNetIncomeOfAcquiredRofoAssets $-4.00M USD 1 Quarter
Less: Pre-acquisition net income of Drop Down Assets PreacquisitionNetIncomeOfAcquiredRofoAssets - USD 1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-4.00M USD 1 Quarter
Less: Comprehensive (loss) income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $41.00M USD 3 Qtrs
Less: Comprehensive (loss) income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-42.00M USD 3 Qtrs
Less: Comprehensive (loss) income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $31.00M USD 1 Quarter
Comprehensive Income (Loss) Attributable to Clearway Energy, Inc. ComprehensiveIncomeNetOfTax $38.00M USD 1 Quarter
Comprehensive Income (Loss) Attributable to Clearway Energy, Inc. ComprehensiveIncomeNetOfTax $130.00M USD 3 Qtrs
Comprehensive Income (Loss) Attributable to Clearway Energy, Inc. ComprehensiveIncomeNetOfTax $-4.00M USD 3 Qtrs
Comprehensive Income (Loss) Attributable to Clearway Energy, Inc. ComprehensiveIncomeNetOfTax $24.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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