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CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Operating Revenues        
Total operating revenues $ 429 $ 486 $ 1,119 $ 1,115
Operating Costs and Expenses        
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below 128 135 381 378
Depreciation, amortization and accretion 176 164 502 471
General and administrative 10 9 31 29
Transaction and integration costs 3 0 8 4
Total operating costs and expenses 317 308 922 882
Operating Income 112 178 197 233
Other Income (Expense)        
Equity in earnings of unconsolidated affiliates 15 13 27 33
Other income, net 7 8 22 36
Loss on debt extinguishment (7) 0 (7) (3)
Interest expense (98) (139) (297) (284)
Total other expense, net (83) (118) (255) (218)
Income (Loss) Before Income Taxes 29 60 (58) 15
Income tax (benefit) expense (31) 33 (26) 30
Net Income (Loss) 60 27 (32) (15)
Less: Net loss attributable to noncontrolling interests and redeemable noncontrolling interests (176) (9) (305) (100)
Net Income Attributable to Clearway Energy, Inc. 236 36 273 85
Common Class A        
Other Income (Expense)        
Net Income Attributable to Clearway Energy, Inc. $ 69 $ 11 $ 80 $ 25
Earnings Per Share Attributable to Clearway Energy, Inc. Class A and Class C Common Stockholders        
Weighted average number of common shares outstanding - basic (in shares) 35 35 35 35
Weighted average number of common shares outstanding - diluted (in shares) 35 35 35 35
Earnings (Loss) per weighted average common share — basic (in dollars per share) $ 2.00 $ 0.31 $ 2.32 $ 0.72
Earnings (Loss) per weighted average common share — diluted (in dollars per share) 2.00 0.31 2.32 0.72
Dividends per common share (in usd per share) $ 0.4456 $ 0.4171 $ 1.3152 $ 1.2306
Common Class C        
Other Income (Expense)        
Net Income Attributable to Clearway Energy, Inc. $ 167 $ 25 $ 193 $ 60
Earnings Per Share Attributable to Clearway Energy, Inc. Class A and Class C Common Stockholders        
Weighted average number of common shares outstanding - basic (in shares) 83 83 83 83
Weighted average number of common shares outstanding - diluted (in shares) 83 83 83 83
Earnings (Loss) per weighted average common share — basic (in dollars per share) $ 2.00 $ 0.31 $ 2.32 $ 0.72
Earnings (Loss) per weighted average common share — diluted (in dollars per share) 2.00 0.31 2.32 0.72
Dividends per common share (in usd per share) $ 0.4456 $ 0.4171 $ 1.3152 $ 1.2306