Clearway Energy, Inc. CWEN Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Total operating revenues by Business | |||||
| Flexible Generation | $291M-14.9% | $342M-18.6% | $420M+0.7% | $417M— | |
| Renewables & Storage | $1.14B+10.6% | $1.03B+15.1% | $894M— | —— | |
| Net Loss by Business | |||||
| Flexible Generation | $40M-37.5% | $64M-41.3% | $109M-32.3% | $161M— | |
| Renewables & Storage | $500M+114% | $234M+56.0% | $150M— | —— | |
| Other income, net by Business | |||||
| Flexible Generation | $4M-33.3% | $6M+50.0% | $4M+300% | $1M— | |
| Renewables & Storage | $22M-29.0% | $31M+29.2% | $24M— | —— | |
| Total by Business | |||||
| Flexible Generation | $115M+1.8% | $113M-58.8% | $274M-37.9% | $441M— | |
| Renewables & Storage | $846M-1.6% | $860M+10.3% | $780M— | —— | |
| Customers percentage of total revenue by Business | |||||
| Flexible Generation | 7%0.0pp | 7%-4.0pp | 11%-6.0pp | 17%— | |
| Renewables & Storage | 15%-2.0pp | 17%+4.0pp | 13%— | —— | |
| Operating Income (Loss) by Business | |||||
| Flexible Generation | $70M-22.2% | $90M-34.3% | $137M-30.5% | $197M— | |
| Loss before income taxes by Business | |||||
| Flexible Generation | $40M-37.5% | $64M-41.3% | $109M-32.3% | $161M— | |
| Renewables & Storage | -$61M— | —— | -$14M— | —— | |
| Total Assets by Business | |||||
| Flexible Generation | $7.46B— | —— | —— | —— | |
| Renewables & Storage | $55.38B— | —— | —— | —— | |
| Less: Net income (loss) attributable to noncontrolling interests and redeemable noncontrolling interests by Business | |||||
| Flexible Generation | $0— | $0— | $0— | $0— | |
| Renewables & Storage | -$560M-137% | -$236M-45.7% | -$162M— | —— | |
| Income tax benefit by Business | |||||
| Flexible Generation | $0— | $0— | $0— | $0— | |
| Renewables & Storage | -$1M-200% | $1M+150% | -$2M— | —— | |
| Interest Expense, Operating and Nonoperating by Business | |||||
| Flexible Generation | $35M0.0% | $35M0.0% | $35M— | —— | |
| Renewables & Storage | $252M+35.5% | $186M-9.3% | $205M— | —— | |
| Equity in earnings of unconsolidated affiliates by Business | |||||
| Flexible Generation | $1M-66.7% | $3M0.0% | $3M0.0% | $3M— | |
| Renewables & Storage | $30M-6.3% | $32M+256% | $9M— | —— | |
| Cost of operations, exclusive of depreciation, amortization and accretion shown separately below by Business | |||||
| Flexible Generation | $109M-20.4% | $137M-11.0% | $154M+73.0% | $89M— | |
| Renewables & Storage | $421M+14.7% | $367M+14.3% | $321M— | —— | |
| G&A by Business | |||||
| Flexible Generation | $0— | $0— | $0— | $0— | |
| Renewables & Storage | $0— | $0— | $0— | —— | |
| Equity investments in affiliates by Business | |||||
| Flexible Generation | $290M-4.3% | $303M— | —— | —— | |
| Renewables & Storage | $899M-9.9% | $998M— | —— | —— | |
| Transaction and integration costs by Business | |||||
| Flexible Generation | $0— | $0— | $0— | $0— | |
| Renewables & Storage | $0— | $0— | $0— | —— | |
| CapEx by Business | |||||
| Flexible Generation | $13M-18.8% | $16M— | —— | —— | |
| Renewables & Storage | $345M+12.0% | $308M— | —— | —— | |
| Depreciation, amortization and accretion by Business | |||||
| Flexible Generation | $112M-2.6% | $115M-10.9% | $129M-1.5% | $131M— | |
| Renewables & Storage | $570M+11.3% | $512M+29.0% | $397M— | —— | |
| Less: Contract amortization by Business | |||||
| Flexible Generation | $18M0.0% | $18M-10.0% | $20M-16.7% | $24M— | |
| Renewables & Storage | $171M+3.0% | $166M0.0% | $166M— | —— | |
| Total operating revenues by Product | |||||
| Capacity Revenue | $369M+12.8% | $327M-8.9% | $359M-21.1% | $455M-10.8% | |
| Energy Revenue | $1.2B+2.0% | $1.17B+14.7% | $1.02B+1.3% | $1.01B+10.4% | |
| Other revenue | $76M-15.6% | $90M-9.1% | $99M+20.7% | $82M-10.9% | |
| Total by Product | |||||
| Capacity Revenue | $352M+15.0% | $306M-43.1% | $538M-38.2% | $870M-4.4% | |
| Energy Revenue | $1.57B-4.3% | $1.64B+7.3% | $1.53B-6.4% | $1.63B+12.2% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Clearway Energy, Inc. break its business down?
- Clearway Energy, Inc. (CWEN) reports total operating revenues by business across 2 parts — Flexible Generation and Renewables & Storage. Each is extracted from the segment footnotes and tracked over time.
- Where does Clearway Energy, Inc.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Clearway Energy, Inc.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
