| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
202 |
| Revenues (TTM) (Millions $) |
1,574 |
| Net Income (TTM) (Millions $) |
-55 |
| Cash Flow (TTM) (Millions $) |
-106 |
| Capital Exp. (TTM) (Millions $) |
346 |
Business Description
Clearway Energy LLC is a leading clean energy company that develops, acquires, and operates a diverse portfolio of renewable and conventional power generation assets across the United States. The company was founded in 2013 and is headquartered in Princeton, New Jersey.
Clearway Energy's portfolio includes solar, wind, natural gas, and nuclear energy facilities. As of February 2021, the company has an operating capacity of approximately 4 gigawatts (GW). Clearway Energy's assets are spread across 25 states and include 22 wind projects, 60 solar projects, and two natural gas-fired facilities.
The company also manages a range of energy storage solutions, including batteries and flywheels, to help integrate renewable energy into the grid and provide backup power during periods of high demand. In addition, Clearway Energy operates a district energy system that provides heating and cooling services to commercial and residential buildings in downtown Houston.
Clearway Energy is committed to sustainability and environmental stewardship. The company has set a goal to reduce its carbon emissions by 50% by 2025 and achieve net-zero emissions by 2050. To achieve this goal, Clearway Energy is investing in clean energy technologies such as energy storage, as well as exploring opportunities to repurpose retired coal-fired power plants for renewable energy projects.
Clearway Energy is majority-owned by Global Infrastructure Partners (GIP), a leading independent infrastructure fund manager. As of February 2021, GIP owned 51% of Clearway Energy, with the remaining 49% owned by public shareholders who trade the company's shares on the New York Stock Exchange under the ticker symbol "CWEN."
Company Address: 300 Carnegie Center, Suite 300 Princeton 8540 NJ
Company Phone Number: 608-1525 Stock Exchange / Ticker: NYLD
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%
30.56 %