
Clearway Energy (CWEN) remains a Buy, offering a compelling mix of yield and growth from its contracted renewable and conventional power assets. Recent share class consolidation simplifies the capital structure, while the dividend yield comfortably exceeds bond yields and is well-covered by CAFD. Management targets $2.90–$3.10 CAFD per share by 2030, supported by a robust project pipeline and disciplined, accretive capital allocation.










