Clearway Energy: An Under-the-Radar Dividend Play in Clean Power
Clearway Energy (CWEN) operates as one of the largest clean power producers in the U.S., yet remains obscure to most investors. The company generates electricity through long-term power purchase agreements with utilities and corporations, bypassing consumer-facing operations. Its current dividend yield of 6.4%—bolstered by a 15% stock price decline from its 52-week high—presents a compelling opportunity.
The firm has strategically divested $1.9 billion in thermal assets to private equity, reinvesting proceeds into higher-yielding renewable projects. A pipeline of committed acquisitions and repriced contracts positions Clearway for visible cash FLOW growth through 2027. Market indifference to this disciplined capital recycler may be a mispricing.
