Clearway Energy, Inc.
For the period ended Dec 31, 2025. Filed Feb 24, 2026.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 24, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 2. Properties
Listed below are descriptions of the Company’s interests in operating facilities as of December 31, 2025.
| Capacity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rated MW · Net MW(a) · PercentageOwnership · Contract | ||||||||
| Facilities · Location · COD · Counterparty · Expiration | ||||||||
| Flexible Generation | ||||||||
| Carlsbad (b) | Carlsbad, CA | 523 | 523 | 100% | December 2018 | SDG&E | 2038 | |
| El Segundo (b) | El Segundo, CA | 546 | 546 | 100% | August 2013 | Various | 2027 - 2029 | |
| GenConn Devon (b) | Milford, CT | 190 | 95 | 50% | June 2010 | Connecticut Light & Power | 2040 | |
| GenConn Middletown (b) | Middletown, CT | 190 | 95 | 50% | June 2011 | Connecticut Light & Power | 2041 | |
| Marsh Landing (b) | Antioch, CA | 820 | 820 | 100% | May 2013 | Various | 2026 - 2030 | |
| Walnut Creek (b) | City of Industry, CA | 501 | 501 | 100% | May 2013 | Various | 2026 - 2027 | |
| Total Flexible Generation | 2,770 | 2,580 | ||||||
| Utility Scale Solar | ||||||||
| Agua Caliente | Dateland, AZ | 290 | 148 | 51% | June 2014 | PG&E | 2039 | |
| Alpine | Lancaster, CA | 66 | 66 | 100% | January 2013 | PG&E | 2033 | |
| Arica (c) | Riverside, CA | 263 | 105 | 40% | March - June 2024 | Various | 2026 - 2041 | |
| Avenal | Avenal, CA | 45 | 23 | 50% | August 2011 | PG&E | 2031 | |
| Avra Valley | Pima County, AZ | 27 | 27 | 100% | December 2012 | Tucson Electric Power | 2032 | |
| Blythe | Blythe, CA | 21 | 21 | 100% | December 2009 | SCE | 2029 | |
| Borrego | Borrego Springs, CA | 26 | 26 | 100% | February 2013 | SDG&E | 2038 | |
| Buckthorn Solar (c) | Fort Stockton, TX | 150 | 150 | 100% | July 2018 | City of Georgetown, TX | 2043 | |
| Catalina | Kern County, CA | 109 | 109 | —% (d) | November 2013 | SDG&E | 2038 | |
| CVSR | San Luis Obispo, CA | 250 | 250 | 100% | October 2013 | PG&E | 2038 | |
| Daggett 2 (c) | San Bernardino, CA | 182 | 46 | 25% | December 2023 | Various | 2038 | |
| Daggett 3 (c) | San Bernardino, CA | 300 | 75 | 25% | July - November 2023 | Various | 2033 - 2038 | |
| Desert Sunlight 250 | Desert Center, CA | 250 | 63 | 25% | December 2014 | SCE | 2034 | |
| Desert Sunlight 300 | Desert Center, CA | 300 | 75 | 25% | December 2014 | PG&E | 2039 | |
| Enterprise | Iron County, UT | 80 | 80 | 100% | July 2016 | PacifiCorp | 2036 | |
| Escalante I | Beaver County, UT | 80 | 80 | 100% | August 2016 | PacifiCorp | 2036 | |
| Escalante II | Beaver County, UT | 80 | 80 | 100% | August 2016 | PacifiCorp | 2036 | |
| Escalante III | Beaver County, UT | 80 | 80 | 100% | August 2016 | PacifiCorp | 2036 | |
| Granite Mountain East | Iron County, UT | 80 | 80 | 100% | September 2016 | PacifiCorp | 2036 | |
| Granite Mountain West | Iron County, UT | 50 | 50 | 100% | September 2016 | PacifiCorp | 2036 | |
| Iron Springs | Iron County, UT | 80 | 80 | 100% | August 2016 | PacifiCorp | 2036 | |
| Kansas South | Lemoore, CA | 20 | 20 | 100% | June 2013 | PG&E | 2033 | |
| Luna Valley (c) | Fresno County, CA | 200 | 200 | 100% | August 2025 | Various | 2040 - 2045 | |
| Mililani I (c) | Honolulu, HI | 39 | 20 | 50% | July 2022 | Hawaiian Electric Company | 2042 | |
| Oahu Solar (c) | Oahu, HI | 61 | 61 | 100% | September 2019 | Hawaiian Electric Company | 2041 | |
| Pine Forest (c) | Hopkins County, TX | 300 | 150 | 50% | December 2025 | Various | 2040 - 2045 | |
| Roadrunner | Santa Teresa, NM | 20 | 20 | 100% | August 2011 | El Paso Electric | 2031 | |
| Rosamond Central (c) | Rosamond, CA | 192 | 96 | 50% | December 2020 | Various | 2035 - 2047 | |
| Rosamond South I (c) | Rosamond, CA | 140 | 70 | 50% | August 2025 | Various | 2040 | |
| TA High Desert | Lancaster, CA | 20 | 20 | 100% | March 2013 | SCE | 2033 | |
| Texas Solar Nova 1 (c) | Kent County, TX | 252 | 126 | 50% | December 2023 | Verizon | 2042 | |
| Texas Solar Nova 2 (c) | Kent County, TX | 200 | 100 | 50% | February 2024 | Verizon | 2042 | |
| Victory Pass (c) | Riverside, CA | 200 | 80 | 40% | March 2024 | Various | 2039 | |
| Waiawa (c) | Honolulu, HI | 36 | 18 | 50% | January 2023 | Hawaiian Electric Company | 2043 | |
| Total Utility Scale Solar | 4,489 | 2,695 | ||||||
| Utility Scale BESS | ||||||||
| Arica (c) | Riverside, CA | 136 | 54 | 40% | March - June 2024 | Various | 2039 - 2041 | |
| Capacity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rated MW · Net MW(a) · PercentageOwnership · Contract | ||||||||
| Facilities · Location · Rated MW · Net MW(a) · PercentageOwnership · COD · Counterparty · Expiration | ||||||||
| Daggett 1 (c) | San Bernardino, CA | 114 | 114 | 100% | September 2025 | SDG&E | 2040 | |
| Daggett 2 (c) | San Bernardino, CA | 131 | 33 | 25% | December 2023 | Various | 2038 | |
| Daggett 3 (c) | San Bernardino, CA | 149 | 37 | 25% | July - November 2023 | Various | 2033 - 2038 | |
| Mililani I (c) | Honolulu, HI | 39 | 20 | 50% | July 2022 | Hawaiian Electric Company | 2042 | |
| Pine Forest (c) | Hopkins County, TX | 200 | 100 | 50% | October 2025 | N/A | ||
| Rosamond Central (c) | Rosamond, CA | 147 | 74 | 50% | June 2024 | SCE | 2039 | |
| Rosamond South I (c) | Rosamond, CA | 117 | 59 | 50% | August 2025 | Various | 2035 - 2040 | |
| Victory Pass (c) | Riverside, CA | 50 | 20 | 40% | March 2024 | Various | 2039 | |
| Waiawa (c) | Honolulu, HI | 36 | 18 | 50% | January 2023 | Hawaiian Electric Company | 2043 | |
| Total Utility Scale BESS | 1,119 | 529 | ||||||
| Distributed Solar | ||||||||
| DGPV Funds (c) | Various | 286 | 286 | 100% | September 2015 - March 2019 | Various | 2030 - 2044 | |
| Solar Power Partners (SPP) | Various | 24 | 24 | 100% | June 2008 - June 2012 | Various | 2026 - 2037 | |
| Other DG Facilities | Various | 20 | 20 | 100% | December 2010 - October 2015 | Various | 2026 - 2039 | |
| Total Distributed Solar | 330 | 330 | ||||||
| Wind | ||||||||
| Alta I | Tehachapi, CA | 150 | 150 | 100% | December 2010 | SCE | 2035 | |
| Alta II | Tehachapi, CA | 150 | 150 | 100% | December 2010 | SCE | 2035 | |
| Alta III | Tehachapi, CA | 150 | 150 | 100% | February 2011 | SCE | 2035 | |
| Alta IV | Tehachapi, CA | 102 | 102 | 100% | March 2011 | SCE | 2035 | |
| Alta V | Tehachapi, CA | 168 | 168 | 100% | April 2011 | SCE | 2035 | |
| Alta X | Tehachapi, CA | 137 | 137 | 100% | February 2014 | SCE | 2038 | |
| Alta XI | Tehachapi, CA | 90 | 90 | 100% | February 2014 | SCE | 2038 | |
| Black Rock (c) | Mineral and Grant Counties, WV | 115 | 58 | 50% | December 2021 | Toyota and Google | 2036 | |
| Broken Bow | Custer County, NE | 80 | 80 | 100% | December 2012 | Nebraska Public Power District | 2032 | |
| Buffalo Bear | Buffalo, OK | 19 | 19 | 100% | December 2008 | Western Farmers Electric Co-operative | 2033 | |
| Cedar Creek (c) | Bingham County, ID | 160 | 160 | 100% | March 2024 | PacifiCorp | 2049 | |
| Cedro Hill (c) | Webb County, TX | 160 | 160 | 100% | October - December 2024 | CPS Energy | 2045 | |
| Crofton Bluffs | Knox County, NE | 42 | 42 | 100% | November 2012 | Nebraska Public Power District | 2032 | |
| Dan’s Mountain (c) | Allegany County, MD | 55 | 28 | 50% | May 2025 | Constellation Energy Generation | 2037 | |
| Elbow Creek (c) | Howard County, TX | 122 | 122 | 100% | November 2019 | Various | 2029 | |
| Elkhorn Ridge | Bloomfield, NE | 81 | 54 | 66.7% | March 2009 | Nebraska Public Power District | 2029 | |
| Forward | Berlin, PA | 29 | 29 | 100% | April 2008 | Axpo US LLC | 2027 | |
| Goat Mountain | Sterling City, TX | 150 | 150 | 100% | April 2008 - June 2009 | Dow Pipeline Company | 2026 | |
| Langford (c) | Christoval, TX | 160 | 160 | 100% | November 2020 | Goldman Sachs | 2033 | |
| Laredo Ridge | Petersburg, NE | 81 | 81 | 100% | February 2011 | Nebraska Public Power District | 2031 | |
| Lookout | Berlin, PA | 38 | 38 | 100% | October 2008 | Southern Maryland Electric Cooperative | 2030 | |
| Mesquite Sky (c) | Callahan County, TX | 340 | 170 | 50% | December 2021 | Various | 2033 - 2036 | |
| Mesquite Star (c) | Fisher County, TX | 419 | 210 | 50% | May 2020 | Various | 2032 - 2035 | |
| Mountain Wind 1 | Uinta County, WY | 61 | 61 | 100% | July 2008 | PacifiCorp | 2033 | |
| Mountain Wind 2 | Uinta County, WY | 80 | 80 | 100% | September 2008 | PacifiCorp | 2033 | |
| Capacity | ||||||||
|---|---|---|---|---|---|---|---|---|
| Rated MW · Net MW(a) · PercentageOwnership · Contract | ||||||||
| Facilities · Location · Rated MW · Net MW(a) · PercentageOwnership · COD · Counterparty · Expiration | ||||||||
| Ocotillo | Forsan, TX | 55 | 55 | 100% | December 2023 | N/A | ||
| Pinnacle (c) | Keyser, WV | 54 | 54 | 100% | December 2021 | Maryland Department of General Services and University System of Maryland | 2031 | |
| Rattlesnake (c) (e) | Ritzville, WA | 160 | 160 | 100% | December 2020 | Avista Corporation | 2040 | |
| San Juan Mesa | Elida, NM | 120 | 90 | 75% | December 2005 | Southwestern Public Service Company | 2026 | |
| Sleeping Bear | Woodward, OK | 95 | 95 | 100% | October 2007 | Public Service Company of Oklahoma | 2032 | |
| South Trent | Sweetwater, TX | 101 | 101 | 100% | January 2009 | AEP Energy Partners | 2029 | |
| Spanish Fork | Spanish Fork, UT | 19 | 19 | 100% | July 2008 | PacifiCorp | 2028 | |
| Spring Canyon II | Logan County, CO | 34 | 31 | 90% | October 2014 | Platte River Power Authority | 2039 | |
| Spring Canyon III | Logan County, CO | 29 | 26 | 90% | December 2014 | Platte River Power Authority | 2039 | |
| Taloga | Putnam, OK | 130 | 130 | 100% | July 2011 | Oklahoma Gas & Electric | 2031 | |
| Tuolumne | Klickitat County, WA | 137 | 137 | 100% | 2009 | Turlock Irrigation District | 2040 | |
| Wildorado (c) | Vega, TX | 161 | 161 | 100% | December 2019 - January 2020 | Southwestern Public Service Company | 2030 | |
| Total Wind | 4,234 | 3,708 | ||||||
| Total Clearway Energy, Inc. | 12,942 | 9,842 | ||||||
(a) Net capacity represents the maximum, or rated, generating capacity or storage capacity of the facility multiplied by the Company’s percentage ownership in the facility as of December 31, 2025.
(b) The primary fuel type for these facilities is natural gas, with the exception of GenConn Devon and GenConn Middletown, which also use oil.
(c) Facilities are part of tax equity arrangements, as further described in Item 15 — Note 2, Summary of Significant Accounting Policies, and Note 5, Investments Accounted for by the Equity Method and Variable Interest Entities.
(d) The Company leases 100% of the interests in the Catalina solar facility through a facility lease agreement that expires in October 2043.
(e) Rattlesnake has a deliverable capacity of 144 MW.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.