Clearway Energy, Inc. Reports Full Year 2020 Financial Results padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.
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Clearway Energy (NYSE:CWEN)(NYSE:CWEN.A) supercharged its dividend in 2020, boosting it an eye-popping 59%. But it has plenty more growth ahead after it added several new power sources over the past few months. It already has enough power to increase its dividend by another 8% next year. Meanwhile, it recently added a new power source that should keep its longer-term dividend growth plan fully charged.
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PRINCETON, N.J. and SAN FRANCISCO, Dec. 22, 2020 (GLOBE NEWSWIRE) Clearway Energy, Inc. (NYSE:CWEN, CWEN.A)) ( CWEN , Company ) and its renewable development partner and parent company, Clearway Energy Group LLC ( CEG ), today announced agreements providing for CWEN s co-investment in a 1,204 MW portfolio of renewable energy projects developed by CEG consisting of i) 1,012 MW from five geographically diversified wind, solar, and solar plus storage assets under development and ii) the 192 MW Rosamond Central solar project which is expected to commence operations by the end of the year. Additionally, the parties amended the existing partnership agreement for the 419 MW Mesquite Star wind project providing CWEN an additional 27.51% of the project s cash flows after the first half of 2031.