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Profile: Clearway Energy Inc (CWENa.N)

CWENa.N on New York Stock Exchange

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24 May 2019
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Clearway Energy, Inc., formerly NRG Yield, Inc., incorporated on December 20, 2012, is a holding company. The Company's segments include Conventional Generation, Renewables, Thermal and Corporate. The Company's businesses are segregated based on conventional power generation, renewable businesses, which consist of solar and wind, and the thermal and chilled water business. The Company holds interest in Alta Wind Asset Management Holdings, LLC, Alta Wind Company, LLC, Alta Wind X Holding Company, LLC and Alta Wind XI Holding Company, LLC. As of June 30, 2018, these collectively owned 12 wind facilities that totaled 814 megawatts (MW) located in Tehachapi, California, and a portfolio of associated land leases (the Alta Wind Portfolio).

The Company owns a diversified portfolio of contracted renewable and conventional generation, and thermal infrastructure assets in the United States. As of June 30, 2018, the Company's contracted renewable and conventional generation portfolio represented 5,118 net MW. As of June 30, 2018, the Company also owned thermal infrastructure assets with an aggregate steam and chilled water capacity of 1,392 net megawatt thermal (MWt) and electric generation capacity of 133 net MW. These thermal infrastructure assets provide steam, hot water and/or chilled water, and in some instances electricity, to commercial businesses, universities, hospitals and governmental units in multiple locations.

The Company's operating assets consists of the projects in the areas, including conventional, utility scale solar, distributed solar, wind and thermal. The conventional projects include Walnut Creek, GenConn Middletown, GenConn Devon, Marsh Landing and El Segundo. The utility scale solar projects include Alpine, Avenal, Avra Valley, Blythe, Borrego, Roadrunner, CVSR, Desert Sunlight 250, Desert Sunlight 300, Kansas South, Roadrunner and TA High Desert. The Company's distributed solar projects include AZ DG Solar Projects and PFMG DG Solar Projects. Its wind projects include Alta I, Alta II, Alta III, Alta IV, Alta V, Alta VI, Buffalo Bear, Crosswinds, Elbow Creek, Elkhorn Ridge, Forward, Goat Wind, Hardin, Laredo Ridge, Lookout, Odin, Pinnacle, San Juan Mesa, Sleeping Bear, South Trent, Spanish Fork, Spring Canyon II, Spring Canyon III, Taloga and Wildorado. The thermal assets comprises district energy systems and combined heat and power plants that produce steam, hot water and/or chilled water and in some instances, electricity at a central plant. The thermal projects include Dover, Paxton Creek Cogen, Princeton Hospital, Tucson Convention Center and University of Bridgeport.

Company Address

Clearway Energy Inc

300 Carnegie Ctr Ste 300
PRINCETON   NJ   08540-6255
P: +1609.6081525
F: +1302.6555049

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