CWEN.A

Clearway Energy, Inc. Class A shares represent the same economic interest as Class C shares (CWEN) but with different voting rights and structural considerations. Class A shares were created to provide certain corporate governance and tax planning benefits while maintaining economic equivalency to the more widely traded Class C shares. Both share classes receive identical dividends and have the same economic exposure to Clearway's renewable energy platform of wind, solar, and storage assets. The company operates utility-scale renewable energy projects under long-term power purchase agreements generating contracted cash flows. Clearway is sponsored by Global Infrastructure Partners and provides investors with income-oriented exposure to renewable energy infrastructure. Headquartered in San Francisco, California, the company was formed from NRG Energy's renewable assets. Both share classes benefit from long-term contracts, renewable energy growth, and inflation protection in PPAs. Class A and Class C shares typically trade at similar prices reflecting their economic equivalency despite voting differences. Clearway continues to grow its renewable energy portfolio through drop-down acquisitions from its sponsor and third-party acquisitions while maintaining dividend distributions.