Clearway Energy Inc (NYSE:CWEN)
$ 26.14 -0.17 (-0.65%) Market Cap: 3.02 Bil Enterprise Value: 13.96 Bil PE Ratio: 25.38 PB Ratio: 1.36 GF Score: 82/100
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Q1 2020 Clearway Energy Inc Earnings Call Transcript

May 07, 2020 / 12:00PM GMT
Release Date Price: $20.44 (+3.02%)
Christopher S. Sotos
Clearway Energy, Inc. - President, CEO & Director

Good morning. Let me first thank you for taking the time to join Clearway Energy's first quarter earnings call. Joining me this morning is Chad Plotkin, our Chief Financial Officer; as well as Craig Cornelius, President and CEO of Clearway Energy Group. Craig will be available for the Q&A portion of our presentation.

Before we begin, I'd like to quickly note that today's discussion will contain forward-looking statements, which are based on assumptions that we believe to be reasonable as of this date. Actual results may differ materially. Please review the safe harbor in today's presentation as well as the risk factors in our SEC filings. In addition, we refer to both GAAP and non-GAAP financial measures. For information regarding our non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures, please refer to today's presentation.

Turning to Page 4. For the first quarter of 2020, we achieved CAFD of $8 million, in line with our internal expectations and full year guidance.

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