Clearway Energy is a clean energy utilities company based in Princeton, New Jersey. Founded in 2012 as NRG Yield Inc, the firm changed its name to Clearway Energy in 2018. The company acquires and operates various energy assets in the United States, including contracted renewable energy utilities and thermal infrastructure. It is focussed on providing clean, low-cost power across the USA, mainly generated by wind and solar energy.
Using the ticker CWEN, Clearway shares can be bought and sold on the NYSE. The CWEN price chart was showing a 52-week low of $15.29 and a 52-week high of $28.08 in October 2020. The company pays a cash dividend on its common stock, with a 2020 dividend yield of 4.56%.
Clearway operates projects generating wind and solar energy in 25 states, and is currently developing new projects in several more. The company is now one of the largest providers of clean energy in the United States, with energy storage in the region of 1.2 GW of solar power, and 3.2 GW of wind power. The firm also operates a carbon offset scheme, making it possible for customers to offset the equivalent of around 8 million metric tons of CO2 annually.
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