About Clearway Energy, Inc.
Company Overview
Clearway Energy, Inc., a public company affiliated with Clearway Energy Group LLC
HeadquartersPrinceton, United States
Founded2012
SizeApproximately 1,000 employees across five U.S. corporate offices and site locations in 2024, with all Clearway Energy, Inc. employees migrating to Clearway Energy Group in early 2025 as part of the "One Clearway" transition (source: clearwayenergygroup.com). Operating revenues of about $1.4 billion and Adjusted EBITDA of $1,146 million reported for full-year 2024 (source: investor.clearwayenergy.com).
What They Do
Clearway Energy, Inc. owns and operates a large portfolio of contracted power generation assets across the United States, totaling approximately 12.9 GW of gross capacity spanning 27 states (source: investor.clearwayenergy.com). Their fleet includes about 10.1 GW of renewable energy assets such as wind, solar, and battery storage, complemented by roughly 2.8 GW of flexible gas generation that provides critical grid reliability services (source: investor.clearwayenergy.com). The company is organized into Renewables & Storage and Flexible Generation business units, focusing primarily on monetizing long-term contracted energy output rather than retail electricity sales (source: investor.clearwayenergy.com). Clearway’s competitive advantage lies in its scale of contracted clean power combined with grid-supporting thermal assets, enabling exposure to both decarbonized generation and dispatchable capacity that supports grid reliability (source: investor.clearwayenergy.com).
Projects & Track Record
Clearway Energy has a strong track record of developing and operating significant renewable energy projects. Notable projects include the 160 MW Langford wind repowering, which enhanced capacity and extended the project’s operational life, and the Rosamond Central 192 MW solar farm located in Kern County, California (source: clearwayenergygroup.com). The company also operates the Daggett Solar and Storage project in California, featuring 482 MW of solar capacity paired with 394 MW of battery storage, as well as the Mesquite Star 419 MW wind farm in Texas (source: clearwayenergygroup.com). In 2025, Clearway completed more than 1.3 GW of additions to its fleet and entered 2026 with $1 billion committed for growth investments (source: investor.clearwayenergy.com). Their development pipeline is robust, with 29 GW of pro forma projects owned or controlled by Clearway Group, including 11.2 GW in late-stage development through 2032 (source: investor.clearwayenergy.com).
Recent Developments
In the past two years, Clearway Energy has announced several major developments. A highlight is a portfolio of long-term power purchase agreements (PPAs) with Google totaling 1.17 GW across Missouri, Texas, and West Virginia, representing over $2.4 billion in invested infrastructure to support data center load growth (source: clearwayenergygroup.com). Construction for these projects is slated to begin in 2025, with commercial operations expected in 2027 and 2028, expanding an existing Clearway-Google partnership to 1.24 GW (source: clearwayenergygroup.com). Additionally, Clearway acquired Catalina Solar Lessee Holdco LLC in 2025, which operates the 109 MW Catalina solar facility in Kern County, California, for approximately $127 million (source: nasdaq.com). The company also agreed to acquire interests in 291 MW of battery storage projects in California and Colorado expected to reach commercial operation in 2026 (source: nasdaq.com).
Working There
Clearway’s workforce encompasses a wide range of roles across corporate and site-based functions, with employees located in Princeton, San Francisco, San Diego, Scottsdale, Houston, Denver, and various project sites throughout the U.S. (source: clearwayenergygroup.com). Job opportunities span project development, engineering, operations, asset management, finance, legal, commercial contracting, and corporate support functions related to acquisitions and power purchase agreements (source: investor.clearwayenergy.com). The company culture emphasizes integration and growth, highlighted by the "One Clearway" organizational transition that added 163 new team members in 2024 and maintained a voluntary turnover rate of 15.5% across the enterprise that year (source: clearwayenergygroup.com).
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