For the quarter ending 2026-03-31, CWEN-A had -$138M decrease in cash & cash equivalents over the period. $326M in free cash flow.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net loss | -68 | -199 | -32 |
| Equity in earnings of unconsolidated affiliates | 5 | 4 | 27 |
| Distributions from unconsolidated affiliates | 9 | 13 | 19 |
| Depreciation, amortization and accretion | 182 | 180 | 502 |
| Amortization of financing costs and debt discounts | 4 | 4 | 11 |
| Amortization of intangibles | 49 | 50 | 137 |
| Loss on debt extinguishment | -2 | -1 | -7 |
| Reduction in carrying amount of right-of-use assets | 4 | 4 | 12 |
| Impairment losses | - | 0 | - |
| Changes in deferred income taxes | -1 | 79 | -26 |
| Changes in derivative instruments and amortization of accumulated oci/ocl | 30 | 17 | -4 |
| Proceeds from transferable tax credits | 282 | - | - |
| Changes in other working capital | 27 | -66 | 96 |
| Net cash provided by operating activities | 401 | 177 | 511 |
| Acquisitions, net of cash acquired | 228 | 0 | 324 |
| Acquisition of drop down assets, net of cash acquired | 0 | 99 | 219 |
| Proceeds from transfer of assets | - | 152 | - |
| Capital expenditures | 75 | 106 | 213 |
| Payment for equipment deposit | - | 0 | - |
| Payment for equipment deposit and asset purchase from affiliate | - | 27 | - |
| Payments for equipment deposits and asset purchases from affiliate | 70 | - | - |
| Return of investment from unconsolidated affiliates | 5 | 1 | 14 |
| Decrease (increase) in note receivable affiliate | - | 0 | - |
| Decrease in note receivable affiliate | - | - | 0 |
| Investments in unconsolidated affiliates | 76 | 0 | - |
| Other | -3 | -15 | -3 |
| Net cash used in investing activities | -441 | -64 | -739 |
| (distributions to) contributions from noncontrolling interests, net | -248 | 390 | 734 |
| Proceeds from the issuance of class c common stock | 50 | 48 | - |
| Payments of dividends and distributions | 95 | 92 | 266 |
| Pro-rata distributions to ceg | - | 12 | 7 |
| Tax-related distributions | - | 0 | - |
| Buyout of noncontrolling interest | 3 | 0 | 3 |
| Proceeds from the revolving credit facility | - | 221 | 480 |
| Payments for the revolving credit facility | 361 | 265 | 75 |
| Proceeds from the issuance of long-term debt | 882 | 46 | 472 |
| Payments of debt issuance costs | 25 | 1 | 7 |
| Payments for long-term debt | 298 | 270 | 1,191 |
| Other | - | -1 | -1 |
| Net cash used in financing activities | -98 | 64 | 136 |
| Net decrease in cash, cash equivalents and restricted cash | -138 | 177 | -92 |
| Cash, cash equivalents and restricted cash at beginning of period | 818 | 641 | 733 |
| Cash, cash equivalents and restricted cash at end of period | 680 | 818 | 641 |
Clearway Energy, Inc. (CWEN-A)
Clearway Energy, Inc. (CWEN-A)