I think I've done it folks!!!!
Clearway Energy expects to grow its already alluring dividend (6.8% yield) toward the upper end of its 5% to 8% annual target range through 2026. The renewable energy producer has already locked in the growth it needs to deliver on the plan.
The main power source is its capital recycling strategy. Clearway cashed in on the value of its thermal assets in 2022, netting over $1.3 billion in cash proceeds. It has found deals to redeploy that cash into higher-returning renewable energy investments. Those investments will grow its cash flow, enabling it to increase its dividend. The company expects its cash available for distribution to rise from $330 million-$360 million last year to $435 million once it closes all the new investments it has secured.
Meanwhile, Clearway Energy has plenty of power to continue growing its payout beyond 2026. Recent contract renewals for its natural gas power plant portfolio are coming in at a high enough rate that these agreements alone could support dividend growth at the low end of its target range in 2027. On top of that, the company has the financial flexibility to continue acquiring new renewable energy projects as opportunities arise.

































Clearway Energy expects to grow its already alluring dividend (6.8% yield) toward the upper end of its 5% to 8% annual target range through 2026. The renewable energy producer has already locked in the growth it needs to deliver on the plan.
The main power source is its capital recycling strategy. Clearway cashed in on the value of its thermal assets in 2022, netting over $1.3 billion in cash proceeds. It has found deals to redeploy that cash into higher-returning renewable energy investments. Those investments will grow its cash flow, enabling it to increase its dividend. The company expects its cash available for distribution to rise from $330 million-$360 million last year to $435 million once it closes all the new investments it has secured.
Meanwhile, Clearway Energy has plenty of power to continue growing its payout beyond 2026. Recent contract renewals for its natural gas power plant portfolio are coming in at a high enough rate that these agreements alone could support dividend growth at the low end of its target range in 2027. On top of that, the company has the financial flexibility to continue acquiring new renewable energy projects as opportunities arise.