Clearway Energy, Inc. filed a Current Report on Form 8-K on October 20, 2026, to disclose operational data for the three and nine months ended September 30, 2026. The filing includes an Operational Update Presentation (Exhibit 99.1) detailing the performance of the company's renewable energy and flexible generation fleet.
The report highlights that the observed wind and solar resources in the third quarter of 2026 were in line with the updated forecasts underlying the company's revised 2026 financial guidance. This guidance, issued in August 2026, incorporated the strong El Niño / Southern Oscillation (ENSO) pattern observed during the year.
Key operational metrics for the third quarter include:
- Plant Availability: The Solar and Flexible Generation segments maintained high availability rates of 97% and 94%, respectively. The Wind segment availability reflected improvement campaigns focused on high-value assets in CAISO and Texas, though availability in the Midwest and East regions was driven by smaller projects using discontinued wind technology.
- Compensable Generation: Wind compensable generation was in line with expectations, supported by favorable wind resources and liquidated damages paid by third-party Original Equipment Manufacturers (OEMs). Solar resource was slightly below the P-50 forecast in the Western United States.
- Performance Index: The index was consistent with quarterly CAFD (Customer and Supplier Adjusted Financial Data) expectations within the range of the sensitivity disclosure provided in the 2Q 2026 earnings presentation appendix.
The presentation notes that all metrics exclude equity method investment projects, including San Juan Mesa, Elkhorn Ridge, Avenal, Desert Sunlight, and the Cardinal Fengate JV.
