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Long-term Debt (Tables)
9 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt The Company’s borrowings, including short-term and long-term portions, consisted of the following:
Maturity DateSeptember 30, 2025December 31, 2024
Interest Rate (a)
(In millions)
Senior Notes 2028-2032$2,125 $2,125 
3.750% - 4.750%
Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility (b) (c)
2028405  
S+1.750%
Non-recourse facility-level debt:
Fixed rate2031-20403,055 3,190 
2.339% - 8.000%
Variable rate2025-20332,905 1,920 
S+1.475% - 2.775%
Total debt8,490 7,235 
Less current maturities(342)(430)
Less net debt issuance costs(66)(57)
Add premiums (d)
Total long-term debt$8,084 $6,750 
(a) As of September 30, 2025, S+ equals SOFR plus x%.
(b) Applicable rate is determined by the borrower leverage ratio, as defined in the credit agreement.
(c) During October 2025, the Company repaid $190 million of the outstanding borrowings under the revolving credit facility primarily utilizing the proceeds received from the sale of Mt. Storm to Clearway Renew, as further discussed in Note 3, Acquisitions and Dispositions. As of October 31, 2025, the Company had $215 million in outstanding borrowings under the revolving credit facility.
(d) Premiums relate to the 2028 Senior Notes.