7Baggers

Clearway Energy, Inc
(NYSE:CWEN) 

CWEN stock logo

Clearway Energy, Inc., through its subsidiaries, engages in the renewable energy businesses in the United States. As of March 2, 2021, it had approximately 4,200 net megawatts (MW) of installed wind and solar generation projects; and 2,500 net MW of natural gas generation facilities, as well as a po...

Founded: 2012
Full Time Employees: 307
Sector: Utilities
Industry: Utilities-Renewable
Utilities
Share this website to your friends
• Market Cap:
• Exchange:
• Shs Outstanding:
• Employees:
• Beta:
• Return on Equity (ROE) ttm:
• Return on Assets (ROA) ttm:
• EPS ttm:
• Book value per Share:
• Cash per Share:
• Current ast per Share:
• P/E ttm:
• P/E forward:
• P/E ttm high:
• P/E ttm low:
• P/S ttm:
• P/B ttm:
• P/FCF ttm:
• PEG ratio:
• Cash Ratio ttm:
• Quick Ratio ttm:
• Current Ratio ttm:
• Gross Mgn ttm:
• EBITDA Mgn ttm:
• Operating Mgn ttm:
• Net Income Mgn ttm:
• Trailing Div yield:
• Forward Div yield:
• Payout Ratio ttm:
• Ex-Dividend date:
• Target Price High:
• Target Price Low:
• Target Price Mean:
• Number of Analysts:
• Debt Ratio ttm:
• Debt to Equity ttm:
• Total Net Debt:
At a glance:
Bull Thesis:
Bear Thesis:
Main Competitors:
Moat:
Income Statements:
Quarterly
Annual
    Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 
                                                       
      operating revenues
    		                                                   
      total operating revenues
    		310,000,000 429,000,000 392,000,000 298,000,000 256,000,000 486,000,000 366,000,000 263,000,000 249,000,000 371,000,000 406,000,000 288,000,000 268,000,000 340,000,000 368,000,000 214,000,000 318,000,000 351,000,000 380,000,000 237,000,000 280,000,000 332,000,000 329,000,000 258,000,000 235,000,000 296,000,000 284,000,000 217,000,000 229,000,000 292,000,000 307,000,000 225,000,000 242,000,000 265,000,000 284,000,000 218,000,000 232,000,000 272,000,000 258,000,000 220,000,000 263,000,000 209,000,000 217,000,000 180,000,000 148,000,000 161,000,000 134,000,000 110,000,000 86,000,000 95,000,000 79,000,000 
      yoy
    		21.09% -11.73% 7.10% 13.31% 2.81% 31.00% -9.85% -8.68% -7.09% 9.12% 10.33% 34.58% -15.72% -3.13% -3.16% -9.70% 13.57% 5.72% 15.50% -8.14% 19.15% 12.16% 15.85% 18.89% 2.62% 1.37% -7.49% -3.56% -5.37% 10.19% 8.10% 3.21% 4.31% -2.57% 10.08% -0.91% -11.79% 30.14% 18.89% 22.22% 77.70% 29.81% 61.94% 63.64% 72.09% 69.47% 69.62%     
      qoq
    		-27.74% 9.44% 31.54% 16.41% -47.33% 32.79% 39.16% 5.62% -32.88% -8.62% 40.97% 7.46% -21.18% -7.61% 71.96% -32.70% -9.40% -7.63% 60.34% -15.36% -15.66% 0.91% 27.52% 9.79% -20.61% 4.23% 30.88% -5.24% -21.58% -4.89% 36.44% -7.02% -8.68% -6.69% 30.28% -6.03% -14.71% 5.43% 17.27% -16.35% 25.84% -3.69% 20.56% 21.62% -8.07% 20.15% 21.82% 27.91% -9.47% 20.25%  
      operating costs and expenses
    		                                                   
      cost of operations, exclusive of depreciation, amortization and accretion shown separately below
    		149,000,000 128,000,000 131,000,000 122,000,000 123,000,000 135,000,000 117,000,000 126,000,000 113,000,000 134,000,000 118,000,000 108,000,000 97,000,000 98,000,000 112,000,000 128,000,000 117,000,000 117,000,000 107,000,000                                 
      depreciation, amortization and accretion
    		180,000,000 176,000,000 163,000,000 163,000,000 156,000,000 164,000,000 153,000,000 154,000,000 137,000,000 133,000,000 128,000,000 128,000,000 133,000,000 129,000,000 126,000,000 124,000,000 122,000,000 131,000,000 128,000,000 128,000,000 125,000,000 102,000,000 99,000,000 102,000,000                            
      general and administrative
    		10,000,000 10,000,000 11,000,000 10,000,000 10,000,000 9,000,000 9,000,000 11,000,000 8,000,000 9,000,000 9,000,000 10,000,000 9,000,000 8,000,000 11,000,000 12,000,000 10,000,000 10,000,000 10,000,000 10,000,000 4,000,000 9,000,000 12,000,000 9,000,000 9,000,000 7,000,000 7,000,000 6,000,000 3,000,000 6,000,000 6,000,000 5,000,000 5,000,000 4,000,000 6,000,000 4,000,000 6,000,000 4,000,000 3,000,000 3,000,000            
      transaction and integration costs
    		8,000,000 3,000,000 2,000,000 3,000,000 4,000,000  3,000,000 1,000,000 1,000,000 1,000,000 2,000,000  2,000,000  3,000,000 2,000,000 3,000,000 1,000,000 1,000,000 2,000,000 7,000,000 1,000,000  1,000,000 1,000,000  1,000,000 1,000,000                        
      total operating costs and expenses
    		347,000,000 317,000,000 307,000,000 298,000,000 293,000,000 308,000,000 282,000,000 292,000,000 271,000,000 277,000,000 257,000,000 246,000,000 257,000,000 235,000,000 253,000,000 267,000,000 259,000,000 262,000,000 247,000,000 251,000,000 252,000,000 209,000,000 199,000,000 206,000,000 229,000,000 206,000,000 197,000,000 176,000,000 175,000,000 192,000,000 163,000,000 176,000,000 230,000,000 170,000,000 162,000,000 164,000,000 331,000,000 155,000,000 145,000,000 152,000,000 207,000,000 123,000,000 130,000,000 132,000,000 102,000,000 91,000,000 83,000,000 72,000,000 53,000,000 50,000,000 41,000,000 
      operating income
    		-37,000,000 112,000,000 85,000,000  -37,000,000 178,000,000 84,000,000 -29,000,000 -22,000,000 94,000,000 149,000,000 42,000,000 12,000,000 105,000,000 1,406,000,000 -53,000,000 59,000,000 89,000,000 133,000,000 -14,000,000 28,000,000 123,000,000 130,000,000 52,000,000 6,000,000 90,000,000 87,000,000 41,000,000 54,000,000 100,000,000 144,000,000 49,000,000 12,000,000 95,000,000 122,000,000 54,000,000 -99,000,000 117,000,000 113,000,000 68,000,000 56,000,000 86,000,000 87,000,000 48,000,000 46,000,000 70,000,000 51,000,000 38,000,000 33,000,000 45,000,000 38,000,000 
      yoy
    		0.00% -37.08% 1.19% NaN% 68.18% 89.36% -43.62% -169.05% -283.33% -10.48% -89.40% -179.25% -79.66% 17.98% 957.14% 278.57% 110.71% -27.64% 2.31% -126.92% 366.67% 36.67% 49.43% 26.83% -88.89% -10.00% -39.58% -16.33% 350.00% 5.26% 18.03% -9.26% -112.12% -18.80% 7.96% -20.59% -276.79% 36.05% 29.89% 41.67% 21.74% 22.86% 70.59% 26.32% 39.39% 55.56% 34.21%     
      qoq
    		-133.04% 31.76% NaN% NaN% -120.79% 111.90% -389.66% 31.82% -123.40% -36.91% 254.76% 250.00% -88.57% -92.53% -2752.83% -189.83% -33.71% -33.08% -1050.00% -150.00% -77.24% -5.38% 150.00% 766.67% -93.33% 3.45% 112.20% -24.07% -46.00% -30.56% 193.88% 308.33% -87.37% -22.13% 125.93% -154.55% -184.62% 3.54% 66.18% 21.43% -34.88% -1.15% 81.25% 4.35% -34.29% 37.25% 34.21% 15.15% -26.67% 18.42%  
      operating margin %
    		-11.94% 26.11% 21.68% NaN% -14.45% 36.63% 22.95% -11.03% -8.84% 25.34% 36.70% 14.58% 4.48% 30.88% 382.07% -24.77% 18.55% 25.36% 35.00% -5.91% 10.00% 37.05% 39.51% 20.16% 2.55% 30.41% 30.63% 18.89% 23.58% 34.25% 46.91% 21.78% 4.96% 35.85% 42.96% 24.77% -42.67% 43.01% 43.80% 30.91% 21.29% 41.15% 40.09% 26.67% 31.08% 43.48% 38.06% 34.55% 38.37% 47.37% 48.10% 
      other income
    		7,000,000 7,000,000 8,000,000 7,000,000 12,000,000 8,000,000 12,000,000 16,000,000 20,000,000 15,000,000 9,000,000 8,000,000 7,000,000 5,000,000 5,000,000   1,000,000 1,000,000 1,000,000 2,000,000   2,000,000 3,000,000 2,000,000 1,000,000 3,000,000 4,000,000 2,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000  1,000,000 1,000,000   1,000,000  1,000,000 1,000,000 1,000,000  1,000,000 1,000,000 1,000,000  
      equity in earnings of unconsolidated affiliates
    		4,000,000 15,000,000 7,000,000 5,000,000 2,000,000 13,000,000 8,000,000 12,000,000 1,000,000 11,000,000 3,000,000 -3,000,000 1,000,000 14,000,000 10,000,000 4,000,000  20,000,000 8,000,000 4,000,000 -15,000,000 19,000,000 16,000,000 -13,000,000 31,000,000 38,000,000 11,000,000 3,000,000 9,000,000 32,000,000 29,000,000 4,000,000 8,000,000 28,000,000 16,000,000 19,000,000 8,000,000 13,000,000 18,000,000 2,000,000 6,000,000 19,000,000 9,000,000 1,000,000 1,000,000 11,000,000 14,000,000 1,000,000 4,000,000 12,000,000 2,000,000 
      loss on debt extinguishment
    		-1,000,000 -7,000,000   -2,000,000  -2,000,000 -1,000,000        -2,000,000 -11,000,000   -42,000,000 -15,000,000 -6,000,000  -3,000,000 -15,000,000  -1,000,000              -2,250,000 -2,000,000 -7,000,000         
      interest expense
    		-90,000,000 -98,000,000 -83,000,000 -116,000,000 -23,000,000 -139,000,000 -88,000,000 -57,000,000 -135,000,000 -48,000,000 -55,000,000 -99,000,000 -89,000,000 -49,000,000 -47,000,000 -47,000,000 -80,000,000 -84,000,000 -103,000,000 -45,000,000 -70,000,000 -85,000,000 -93,000,000 -167,000,000 -67,000,000 -106,000,000 -130,000,000 -101,000,000 -106,000,000 -74,000,000 -71,000,000 -55,000,000 -69,000,000 -75,000,000 -86,000,000 -76,000,000 -61,000,000 -71,000,000 -62,000,000 -68,000,000 -62,000,000 -62,000,000 -44,000,000 -70,000,000 -69,000,000 -41,000,000 -29,000,000 -19,000,000 -11,000,000 -13,000,000 -6,000,000 
      total other expense
    		-80,000,000 -83,000,000 -68,000,000 -104,000,000 -11,000,000 -118,000,000 -70,000,000 -30,000,000 -120,000,000 -22,000,000 -43,000,000 -94,000,000 -81,000,000 -30,000,000 -32,000,000  -91,000,000 -63,000,000 -94,000,000 -82,000,000 -106,000,000 -72,000,000 -28,000,000 -181,000,000 -48,000,000 -66,000,000 -119,000,000 -95,000,000 -100,000,000 -40,000,000 -41,000,000 -50,000,000 -63,000,000 -46,000,000 -69,000,000 -56,000,000 -53,000,000 -57,000,000 -43,000,000 -66,000,000 -56,000,000 -44,000,000 -42,000,000 -68,000,000 -67,000,000 -29,000,000 -15,000,000     
      income before income taxes
    		-117,000,000 29,000,000 17,000,000 -104,000,000 -48,000,000 60,000,000 14,000,000 -59,000,000 -142,000,000 72,000,000 106,000,000 -52,000,000 -69,000,000 75,000,000 1,374,000,000 -98,000,000 -32,000,000 26,000,000 39,000,000 -96,000,000 -78,000,000 51,000,000 102,000,000 -129,000,000 -42,000,000 24,000,000 -32,000,000 -54,000,000 -46,000,000 60,000,000 103,000,000 -1,000,000 -51,000,000 49,000,000 53,000,000 -2,000,000 -152,000,000 60,000,000 70,000,000 2,000,000  42,000,000 45,000,000 -20,000,000 -21,000,000 41,000,000 36,000,000 21,000,000 27,000,000 45,000,000  
      income tax expense
    		82,000,000 -31,000,000 5,000,000   33,000,000 10,000,000  -69,000,000 57,000,000 22,000,000  -15,000,000 13,000,000 225,000,000  24,000,000 1,000,000 7,000,000  -5,000,000 9,000,000 26,000,000  6,000,000 -11,000,000 4,000,000  45,000,000 11,000,000 7,000,000  57,000,000 8,000,000 8,000,000  -26,000,000 13,000,000 12,000,000  4,000,000 8,000,000 4,000,000 -4,000,000 -11,000,000 10,000,000 2,000,000 3,000,000 3,000,000 5,000,000  
      net income
    		-199,000,000 60,000,000 12,000,000 -104,000,000 -48,000,000 27,000,000 4,000,000 -46,000,000 -73,000,000 15,000,000 84,000,000 -40,000,000 -54,000,000 62,000,000 1,149,000,000 -97,000,000 -56,000,000 25,000,000 32,000,000 -76,000,000 -73,000,000 42,000,000 76,000,000 -107,000,000 -48,000,000 35,000,000 -36,000,000 -47,000,000 -91,000,000 49,000,000 96,000,000  -108,000,000 41,000,000 45,000,000 -1,000,000 -126,000,000 47,000,000 58,000,000 2,000,000 -4,000,000 34,000,000 41,000,000 -16,000,000 -10,000,000 31,000,000 34,000,000 18,000,000 24,000,000 40,000,000  
      yoy
    		314.58% 122.22% 200.00% 126.09% -34.25% 80.00% -95.24% 15.00% 35.19% -75.81% -92.69% -58.76% -3.57% 148.00% 3490.63% 27.63% -23.29% -40.48% -57.89% -28.97% 52.08% 20.00% -311.11% 127.66% -47.25% -28.57% -137.50% NaN% -15.74% 19.51% 113.33% NaN% -14.29% -12.77% -22.41% -150.00% 3050.00% 38.24% 41.46% -112.50% -60.00% 9.68% 20.59% -188.89% -141.67% -22.50%      
      qoq
    		-431.67% 400.00% -111.54% 116.67% -277.78% 575.00% -108.70% -36.99% -586.67% -82.14% -310.00% -25.93% -187.10% -94.60% -1284.54% 73.21% -324.00% -21.88% -142.11% 4.11% -273.81% -44.74% -171.03% 122.92% -237.14% -197.22% -23.40% -48.35% -285.71% -48.96% NaN% NaN% -363.41% -8.89% -4600.00% -99.21% -368.09% -18.97% 2800.00% -150.00% -111.76% -17.07% -356.25% 60.00% -132.26% -8.82% 88.89% -25.00% -40.00%   
      net income margin %
    		-64.19% 13.99% 3.06% -34.90% -18.75% 5.56% 1.09% -17.49% -29.32% 4.04% 20.69% -13.89% -20.15% 18.24% 312.23% -45.33% -17.61% 7.12% 8.42% -32.07% -26.07% 12.65% 23.10% -41.47% -20.43% 11.82% -12.68% -21.66% -39.74% 16.78% 31.27% NaN% -44.63% 15.47% 15.85% -0.46% -54.31% 17.28% 22.48% 0.91% -1.52% 16.27% 18.89% -8.89% -6.76% 19.25% 25.37% 16.36% 27.91% 42.11% 0% 
      less: net loss attributable to noncontrolling interests and redeemable noncontrolling interests
    		-95,000,000 -176,000,000 -21,000,000 -108,000,000    -44,000,000    -40,000,000                                        
      net income attributable to clearway energy, inc.
    		-104,000,000 236,000,000 33,000,000 4,000,000 3,000,000 36,000,000 51,000,000  37,000,000 4,000,000 38,000,000  12,000,000 32,000,000 570,000,000 -32,000,000 -8,000,000 21,000,000 35,000,000 3,000,000 -25,000,000 32,000,000 47,000,000  -6,000,000 39,000,000 -24,000,000 -20,000,000 -68,000,000 21,000,000                      
      earnings per share attributable to clearway energy, inc. class a and class c common stockholders
    		                                                   
      weighted-average number of class a common shares outstanding - basic and diluted
    		35 35 35 35 35 35 35 35 35 35 35 35 35 35 35 35 35 35 35 35 35 35 35 35 35 35  35 35   35 35   35 35   35 35 35  35 28    23 23  
      weighted-average number of class c common shares outstanding - basic and diluted
    		84 83 83 83 83 83 82 82 82 82 82 82  82 82 82  82 82 82   80 79 74   73 69   65 64   63 63   63 49 63          
      earnings per weighted-average class a and class c common share - basic and diluted
    		1.43 2 0.28 0.03 0.75 0.31 0.43  0.67 0.03 0.33  4.99 0.28 4.89  0.44 0.18 0.3 0.03 0.22 0.27 0.41  -0.1   -0.18 0.46   0.16 -0.16   -0.03 0.58   0.05 0.4 0.18 0.15         
      dividends per class a common share
    		0.455 0.446 0.438 0.431 0.419 0.417 0.41 0.403 0.395 0.389 0.382 0.375 0.369 0.36 0.354 0.347 0.343 0.335 0.329 0.324 0.318 0.313 0.21 0.21 0.2 0.2 0.2 0.2 0.331 0.32 0.309 0.298 0.288 0.28 0.27 0.26 0.25 0.24 0.23 0.225 0.215 0.21 0.2  0.261 0.365 0.35 0.33    
      dividends per class c common share
    		0.455 0.446 0.438 0.431 0.419 0.417 0.41 0.403 0.395 0.389 0.382 0.375 0.369 0.36 0.354 0.347 0.343 0.335 0.329 0.324 0.318 0.313 0.21 0.21 0.2 0.2 0.2 0.2 0.331 0.32 0.309 0.298 0.288 0.28 0.27 0.26 0.25 0.24 0.23 0.225 0.215 0.21 0.2         
      less: net income attributable to noncontrolling interests and redeemable noncontrolling interests
    		    -51,000,000 -9,000,000 -47,000,000  -110,000,000 11,000,000 46,000,000                                         
      income tax benefit
    		       -13,000,000    -12,000,000    -1,000,000    -20,000,000    -22,000,000    -7,000,000    -1,000,000    -1,000,000                
      net loss attributable to clearway energy, inc.
    		       -2,000,000                -29,000,000                            
      loss per share attributable to clearway energy, inc. class a and class c common stockholders
    		                                                   
      loss per weighted-average class a and class c common share - basic and diluted
    		       -0.02                                            
      development costs
    		              1,000,000 1,000,000 1,000,000 3,000,000 1,000,000 1,000,000 1,000,000 2,000,000 1,000,000 1,000,000 1,000,000 1,000,000 2,000,000 1,000,000 2,000,000 1,000,000                      
      gain on sale of business
    		            1,000,000  1,291,000,000                                     
      less: income attributable to noncontrolling interests and redeemable noncontrolling interests
    		            136,000,000 30,000,000 579,000,000                                     
      total other income
    		               -45,000,000                                -17,000,000 -6,000,000  -4,000,000 
      less: loss attributable to noncontrolling interests and redeemable interests
    		               -65,000,000    -79,000,000                                
      (losses) earnings per share attributable to clearway energy, inc. class a and class c common stockholders
    		                                                   
      (losses) earnings per weighted-average class a and class c common share - basic and diluted
    		               -0.28                                    
      gain on sale of unconsolidated affiliate
    		                      49,000,000                             
      less: income attributable to noncontrolling interests and redeemable interests
    		                -19,500,000 4,000,000 -3,000,000  -9,750,000 10,000,000 29,000,000                             
      cost of operations
    		                   110,000,000 91,000,000 95,000,000 87,000,000 93,000,000 93,000,000 86,000,000 79,000,000 84,000,000 85,000,000 84,000,000 74,000,000 89,000,000 87,000,000 78,000,000 77,000,000 84,000,000 68,000,000 76,000,000 75,000,000 83,000,000 101,000,000 69,000,000 67,000,000 75,000,000 57,000,000 52,000,000 45,000,000 53,000,000 35,000,000 33,000,000 30,000,000 
      impairment losses
    		                        14,000,000  19,000,000                         
      weighted-average number of class c common shares outstanding - basic
    		            82    82    80 81    73 73   69 67   64 63   63 63             
      weighted-average number of class c common shares outstanding - diluted
    		            82    82    81 81    75 73   69 78   75 74   73 73             
      less: loss attributable to noncontrolling interests
    		                       -78,000,000    -27,000,000    -20,000,000                    
      losses per share attributable to clearway energy, inc. class a and class c common stockholders
    		                                                   
      losses per weighted-average class a and class c common share - basic and diluted
    		                       -0.26                            
      depreciation and amortization
    		                        111,000,000 112,000,000 89,000,000 84,000,000 84,000,000 84,000,000 82,000,000 81,000,000 93,000,000 88,000,000 78,000,000 75,000,000 73,000,000 75,000,000 67,000,000 66,000,000 102,000,000 50,000,000 59,000,000 54,000,000 42,000,000 34,000,000 36,000,000 17,000,000 16,000,000 16,000,000 9,000,000 
      less: pre-acquisition net income of drop down assets
    		                               4,000,000 -10,000,000 1,000,000  12,000,000  6,000,000              
      net income excluding pre-acquisition net income of drop down assets
    		                        -48,000,000 35,000,000 -36,000,000  -91,000,000 49,000,000 96,000,000  -98,000,000 40,000,000 45,000,000 -13,000,000 -126,000,000 41,000,000   16,000,000 34,000,000 41,000,000         
      less: income attributable to noncontrolling interests
    		                        -10,750,000 -4,000,000 -12,000,000  6,250,000 28,000,000 17,000,000                     
      earnings per weighted-average class a and class c common share - basic
    		                         0.36 -0.22   0.2 0.77   0.3 0.29   0.34 0.33             
      earnings per weighted-average class a common share - diluted
    		                         0.36 -0.22   0.2 0.61   0.27 0.26   0.3 0.29             
      earnings per weighted-average class c common share - diluted
    		                         0.36 -0.22   0.2 0.7   0.29 0.28   0.32 0.31             
      weighted-average number of class a common shares outstanding - basic
    		                          35   35 35   35 35   35 35             
      weighted-average number of class a common shares outstanding - diluted
    		                          35   35 49   49 49   49 49             
      net loss excluding pre-acquisition net income of drop down assets
    		                           -47,000,000    -4,000,000                    
      acquisition-related transaction and integration costs
    		                            1,000,000 17,000,000 1,000,000 1,000,000 1,000,000  1,000,000 1,000,000     1,000,000 1,000,000 1,000,000  2,000,000 2,000,000      
      net income attributable to nrg yield, inc.
    		                              79,000,000 16,000,000 -70,000,000 29,000,000 28,000,000 -3,000,000 -13,000,000 33,000,000 32,000,000 5,000,000 11,000,000 17,000,000 10,000,000 -5,000,000  6,000,000 6,000,000 4,000,000    
      earnings per share attributable to nrg yield, inc. class a and class c common stockholders
    		                                                   
      less: net income attributable to noncontrolling interests
    		                                -28,000,000 11,000,000 17,000,000  -113,000,000 8,000,000 26,000,000  5,000,000 17,000,000 31,000,000         
      less: net loss attributable to noncontrolling interests
    		                                   -10,000,000    -3,000,000            
      less: pre-acquisition net loss of drop down assets
    		                                                   
      net income excluding pre-acquisition net loss of drop down assets
    		                                      58,000,000 2,000,000            
      general and administrative — affiliate
    		                                        2,250,000 3,000,000 3,000,000 3,000,000 1,000,000 3,000,000 2,000,000 2,000,000 2,000,000 1,000,000 2,000,000 
      weighted-average number of class a and class c common shares outstanding - basic and diluted
    		                                          35         
      less: pre-acquisition net income of acquired rofo assets
    		                                                   
      net income excluding pre-acquisition net income of acquired rofo assets
    		                                           -16,000,000   25,000,000     
      less: net income attributable to nrg
    		                                           -11,000,000        
      earnings per share attributable to nrg yield, inc. class a common stockholders
    		                                                   
      earnings per weighted-average class a common share - basic and diluted
    		                                           -0.15 0.59    0.57 0.39  
      dividends per common share
    		                                           0.39        
      less: predecessor income prior to initial public offering on july 22, 2013
    		                                                 9,000,000  
      net income subsequent to initial public offering and excluding pre-acquisition net income of acquired rofo assets
    		                                            18,500,000 31,000,000      
      less: income attributable to nrg
    		                                            14,500,000 25,000,000      
      basic and diluted earnings per share attributable to class a common stockholders
    		                                                   
      weighted-average number of class a common shares outstanding
    		                                             31 23     
      basic and diluted earnings per class a common share
    		                                            0.155 0.2 0.26     
      pre-acquisition net income of acquired rofo assets
    		                                              9,000,000     
      income attributable to nrg
    		                                              19,000,000     
      less: net income attributable to noncontrolling interest
    		                                               14,000,000  22,000,000  
      earnings per share attributable to class a common stockholders
    		                                                   
      basic weighted-average number of class a common shares outstanding
    		                                               23    
      basic earnings per class a common share
    		                                               0.18    
      diluted weighted-average number of class a common shares outstanding
    		                                               30    
      diluted earnings per class a common share
    		                                               0.17    
      net income subsequent to initial public offering
    		                                                24,000,000 31,000,000  
      net income attributed to nrg yield inc. subsequent to initial public offering
    		                                                 9,000,000  
      other income/
    		                                                   
      income/(loss) before income taxes
    		                                                  34,000,000 
      income tax expense/
    		                                                  1,000,000 
      net income/
    		                                                  33,000,000 
    Balance Sheets:
    Quarterly
    Annual
      Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 
                                                         
        assets
      		                                                   
        current assets
      		                                                   
        cash and cash equivalents
      		231,000,000 251,000,000 260,000,000 297,000,000 332,000,000 292,000,000 226,000,000 478,000,000 535,000,000 566,000,000 547,000,000 576,000,000 657,000,000 793,000,000 955,000,000 140,000,000 179,000,000 189,000,000 138,000,000 144,000,000 268,000,000 359,000,000 175,000,000 110,000,000 155,000,000 148,000,000 93,000,000 117,000,000 407,000,000 232,000,000 130,000,000 173,000,000 148,000,000 179,000,000 181,000,000 213,000,000 317,000,000 200,000,000 89,000,000 76,000,000 1,000,000 125,000,000 281,000,000 114,000,000  372,000,000 87,000,000 420,000,000 36,000,000 121,000,000 17,000,000 
        restricted cash
      		587,000,000 390,000,000 526,000,000 414,000,000 401,000,000 382,000,000 344,000,000 485,000,000 516,000,000 590,000,000 371,000,000 437,000,000 339,000,000 363,000,000 333,000,000 326,000,000 475,000,000 366,000,000 332,000,000 287,000,000 197,000,000 178,000,000 241,000,000 270,000,000 262,000,000 249,000,000 203,000,000 181,000,000 176,000,000 157,000,000 139,000,000 104,000,000 168,000,000 140,000,000 114,000,000 106,000,000 164,000,000 138,000,000 55,000,000 60,000,000  69,000,000 38,000,000 46,000,000  54,000,000 23,000,000 21,000,000 54,000,000 91,000,000 67,000,000 
        accounts receivable — trade
      		162,000,000 238,000,000 232,000,000 183,000,000 164,000,000 199,000,000 255,000,000 184,000,000 171,000,000 196,000,000 215,000,000 150,000,000 153,000,000 200,000,000 222,000,000 153,000,000 144,000,000 203,000,000 203,000,000 159,000,000 143,000,000 156,000,000 161,000,000 99,000,000 116,000,000 141,000,000 126,000,000 91,000,000 104,000,000 141,000,000 132,000,000 82,000,000 95,000,000 126,000,000 119,000,000 82,000,000 91,000,000 115,000,000 109,000,000 85,000,000  104,000,000 98,000,000 63,000,000  80,000,000 56,000,000 38,000,000 40,000,000 54,000,000  
        accounts receivable — affiliates
      		1,000,000  1,000,000    1,000,000    1,000,000    2,000,000    1,000,000      2,000,000                           
        inventory
      		75,000,000 71,000,000 70,000,000 67,000,000 64,000,000 63,000,000 60,000,000 58,000,000 55,000,000 55,000,000 51,000,000 49,000,000 47,000,000 48,000,000 39,000,000 38,000,000 37,000,000 42,000,000 43,000,000 43,000,000 42,000,000 42,000,000 41,000,000 41,000,000 40,000,000 43,000,000 49,000,000 40,000,000 40,000,000 39,000,000 39,000,000 39,000,000 39,000,000 38,000,000 41,000,000 40,000,000 39,000,000 37,000,000 35,000,000 34,000,000  30,000,000 29,000,000 27,000,000  17,000,000 14,000,000 15,000,000 14,000,000 9,000,000 9,000,000 
        derivative instruments
      		29,000,000 22,000,000 25,000,000 24,000,000 39,000,000 34,000,000 51,000,000 54,000,000 41,000,000 51,000,000 34,000,000 27,000,000 26,000,000 23,000,000 9,000,000 2,000,000 6,000,000 2,000,000 4,000,000 8,000,000 1,000,000 36,000,000 41,000,000 38,000,000  1,000,000   8,000,000 32,000,000 23,000,000 16,000,000 17,000,000  1,000,000 1,000,000 2,000,000 1,000,000 1,000,000 38,000,000   4,000,000 8,000,000   1,000,000 1,000,000 1,000,000 7,000,000 6,000,000 
        prepayments and other current assets
      		67,000,000 87,000,000 73,000,000 54,000,000 67,000,000 81,000,000 84,000,000 60,000,000 68,000,000 61,000,000 70,000,000 50,000,000 54,000,000 61,000,000 75,000,000 61,000,000 65,000,000 51,000,000 50,000,000 101,000,000 58,000,000 38,000,000 36,000,000 33,000,000 33,000,000 34,000,000 26,000,000 27,000,000 29,000,000 31,000,000 26,000,000 18,000,000 19,000,000 22,000,000 21,000,000 19,000,000 16,000,000 21,000,000 22,000,000 20,000,000  25,000,000 19,000,000 18,000,000  22,000,000 7,000,000 4,000,000 17,000,000 18,000,000 9,000,000 
        total current assets
      		1,152,000,000 1,059,000,000 1,187,000,000 1,039,000,000 1,067,000,000 1,051,000,000 1,021,000,000 1,497,000,000 1,560,000,000 1,734,000,000 1,289,000,000 1,289,000,000 1,276,000,000 1,488,000,000 1,635,000,000 1,373,000,000 1,531,000,000 853,000,000 767,000,000 734,000,000 708,000,000 773,000,000 654,000,000 554,000,000 608,000,000 619,000,000 498,000,000 456,000,000 756,000,000 603,000,000 472,000,000 425,000,000 482,000,000 520,000,000 491,000,000 476,000,000 645,000,000 531,000,000 319,000,000 284,000,000  376,000,000 491,000,000 293,000,000  555,000,000 196,000,000 502,000,000 267,000,000 408,000,000 268,000,000 
        property, plant and equipment
      		11,596,000,000 11,296,000,000 11,385,000,000 10,329,000,000 9,944,000,000 9,895,000,000 9,952,000,000 9,746,000,000 9,526,000,000 8,025,000,000 7,748,000,000 7,863,000,000 7,421,000,000 7,437,000,000 7,545,000,000 7,661,000,000 7,650,000,000 7,438,000,000 7,537,000,000 7,490,000,000 7,217,000,000 6,165,000,000 6,256,000,000 6,001,000,000 6,063,000,000 5,562,000,000 5,602,000,000 5,355,000,000 5,245,000,000 5,306,000,000 5,376,000,000 5,340,000,000 5,204,000,000 5,247,000,000 5,322,000,000 5,390,000,000 5,460,000,000 5,711,000,000              
        other assets
      		                                                   
        equity investments in affiliates
      		291,000,000 301,000,000 297,000,000 300,000,000 309,000,000 322,000,000 321,000,000 349,000,000 360,000,000 373,000,000 352,000,000 346,000,000 364,000,000 377,000,000 375,000,000 374,000,000 381,000,000 632,000,000 639,000,000 645,000,000 741,000,000 1,001,000,000 971,000,000 1,149,000,000 1,183,000,000 1,181,000,000 1,165,000,000 1,154,000,000 1,172,000,000 1,182,000,000 1,183,000,000 1,169,000,000 1,178,000,000 1,183,000,000 1,161,000,000 1,154,000,000 710,000,000 690,000,000 778,000,000 779,000,000  553,000,000 549,000,000 188,000,000  230,000,000 253,000,000 229,000,000 227,000,000 251,000,000 243,000,000 
        intangible assets for power purchase agreements
      		2,294,000,000 2,343,000,000 2,215,000,000 2,083,000,000 2,125,000,000 2,170,000,000 2,214,000,000 2,259,000,000 2,303,000,000 2,352,000,000 2,397,000,000 2,443,000,000 2,488,000,000 2,537,000,000 2,340,000,000 2,379,000,000 2,419,000,000 2,154,000,000 2,188,000,000 2,223,000,000                                
        other intangible assets
      		66,000,000 65,000,000 65,000,000 67,000,000 68,000,000 70,000,000 71,000,000 72,000,000 71,000,000 72,000,000 74,000,000 75,000,000 77,000,000 78,000,000 79,000,000 78,000,000 80,000,000 132,000,000 136,000,000 136,000,000                                
        deferred income taxes
      		172,000,000 26,000,000 42,000,000 68,000,000 89,000,000 58,000,000 35,000,000 111,000,000 127,000,000 152,000,000 118,000,000 98,000,000    100,000,000 95,000,000 116,000,000 117,000,000 125,000,000 104,000,000 84,000,000 95,000,000 116,000,000 92,000,000 73,000,000 62,000,000 65,000,000 57,000,000 108,000,000 120,000,000 129,000,000 128,000,000 202,000,000 207,000,000 214,000,000 216,000,000 182,000,000 170,000,000 180,000,000 170,000,000 12,000,000 14,000,000 10,000,000 16,000,000 204,000,000 1,000,000 144,000,000  4,000,000 10,000,000 
        right-of-use assets
      		714,000,000 711,000,000 606,000,000 573,000,000 547,000,000 548,000,000 597,000,000 615,000,000 597,000,000 569,000,000 550,000,000 554,000,000 527,000,000 519,000,000 510,000,000 528,000,000 550,000,000    337,000,000    223,000,000                           
        other non-current assets
      		243,000,000 152,000,000 169,000,000 143,000,000 133,000,000 123,000,000 224,000,000 213,000,000 202,000,000 113,000,000 131,000,000 115,000,000 96,000,000 89,000,000 129,000,000 119,000,000 101,000,000 104,000,000 144,000,000 139,000,000 114,000,000 75,000,000 110,000,000 108,000,000 103,000,000 109,000,000 100,000,000 128,000,000 106,000,000 92,000,000 82,000,000 73,000,000 63,000,000 56,000,000 74,000,000 66,000,000 51,000,000 47,000,000 66,000,000 58,000,000  114,000,000 144,000,000 123,000,000  93,000,000 93,000,000 32,000,000 27,000,000 26,000,000 25,000,000 
        total other assets
      		3,907,000,000 3,711,000,000 3,461,000,000 3,279,000,000 3,318,000,000 3,303,000,000 3,544,000,000 3,619,000,000 3,615,000,000 3,611,000,000 3,587,000,000 3,597,000,000 3,615,000,000 3,671,000,000 3,468,000,000 3,594,000,000 3,632,000,000 3,489,000,000 3,577,000,000 3,624,000,000 2,667,000,000 2,787,000,000 2,826,000,000 3,000,000,000 3,029,000,000 2,657,000,000 2,631,000,000 2,654,000,000 2,499,000,000 2,591,000,000 2,600,000,000 2,597,000,000 2,597,000,000 2,675,000,000 2,700,000,000 2,714,000,000 2,278,000,000 2,240,000,000 2,341,000,000 2,363,000,000  2,179,000,000 2,239,000,000 1,872,000,000  2,068,000,000 785,000,000 502,000,000 505,000,000 436,000,000 314,000,000 
        total assets
      		16,655,000,000 16,066,000,000 16,033,000,000 14,647,000,000 14,329,000,000 14,249,000,000 14,517,000,000 14,862,000,000 14,701,000,000 13,370,000,000 12,624,000,000 12,749,000,000 12,312,000,000 12,596,000,000 12,648,000,000 12,628,000,000 12,813,000,000 11,780,000,000 11,881,000,000 11,848,000,000 10,592,000,000 9,725,000,000 9,736,000,000 9,555,000,000 9,700,000,000 8,838,000,000 8,731,000,000 8,465,000,000 8,500,000,000 8,500,000,000 8,448,000,000 8,362,000,000 8,283,000,000 8,442,000,000 8,513,000,000 8,580,000,000 8,383,000,000 8,482,000,000 7,607,000,000 7,659,000,000 3,223,000,000 6,989,000,000 7,208,000,000 6,595,000,000 1,806,000,000 5,899,000,000 3,236,000,000 2,534,000,000 2,313,000,000 2,331,000,000 2,074,000,000 
        liabilities and stockholders’ equity
      		                                                   
        current liabilities
      		                                                   
        current portion of long-term debt
      		708,000,000 342,000,000 460,000,000 392,000,000 430,000,000 412,000,000 412,000,000 565,000,000 558,000,000 522,000,000 330,000,000 366,000,000 322,000,000 493,000,000 457,000,000 770,000,000 772,000,000 545,000,000 518,000,000 500,000,000 384,000,000 361,000,000 357,000,000 1,480,000,000 1,824,000,000 1,965,000,000 1,914,000,000 1,598,000,000 535,000,000 873,000,000 651,000,000 698,000,000 306,000,000 300,000,000 298,000,000 296,000,000 282,000,000 281,000,000 251,000,000 242,000,000  224,000,000 407,000,000 218,000,000  157,000,000 119,000,000 71,000,000 133,000,000 147,000,000 126,000,000 
        accounts payable — trade
      		95,000,000 152,000,000 159,000,000 98,000,000 82,000,000 78,000,000 86,000,000 123,000,000 130,000,000 73,000,000 63,000,000 70,000,000 55,000,000 53,000,000 59,000,000 76,000,000 74,000,000 58,000,000 59,000,000 93,000,000 72,000,000 46,000,000 41,000,000 70,000,000 74,000,000 54,000,000 62,000,000 55,000,000 45,000,000 90,000,000 40,000,000 40,000,000 27,000,000 27,000,000 23,000,000 26,000,000 23,000,000 23,000,000 21,000,000 26,000,000  22,000,000         15,000,000 
        accounts payable — affiliates
      		32,000,000 30,000,000 41,000,000 28,000,000 31,000,000 14,000,000 12,000,000 28,000,000 31,000,000 72,000,000 61,000,000 50,000,000 22,000,000 15,000,000 16,000,000 15,000,000 107,000,000 12,000,000 14,000,000 17,000,000 17,000,000               50,000,000                
        accrued interest expense
      		52,000,000 36,000,000 52,000,000 37,000,000 53,000,000 35,000,000 55,000,000 42,000,000 57,000,000 41,000,000 54,000,000 36,000,000 54,000,000 41,000,000 57,000,000 40,000,000 54,000,000 41,000,000 55,000,000 39,000,000 44,000,000 48,000,000 55,000,000 60,000,000 41,000,000 49,000,000 43,000,000 46,000,000 44,000,000                       
        accrued expenses and other current liabilities
      		79,000,000 72,000,000 60,000,000 56,000,000 66,000,000 71,000,000 77,000,000 64,000,000 79,000,000 82,000,000 54,000,000 77,000,000 114,000,000 127,000,000 85,000,000 55,000,000 84,000,000 104,000,000 64,000,000 62,000,000 79,000,000 89,000,000 40,000,000 39,000,000 71,000,000 100,000,000 42,000,000 35,000,000 57,000,000 96,000,000 60,000,000 58,000,000 88,000,000 95,000,000 60,000,000 55,000,000 85,000,000 94,000,000 39,000,000 53,000,000  79,000,000 37,000,000 44,000,000  52,000,000 19,000,000 17,000,000 20,000,000 30,000,000 11,000,000 
        total current liabilities
      		1,018,000,000 687,000,000 834,000,000 684,000,000 718,000,000 661,000,000 701,000,000 874,000,000 906,000,000 844,000,000 606,000,000 638,000,000 617,000,000 808,000,000 749,000,000 1,527,000,000 1,631,000,000 816,000,000 754,000,000 748,000,000 634,000,000 602,000,000 555,000,000 1,714,000,000 2,057,000,000 2,246,000,000 2,127,000,000 1,787,000,000 704,000,000 1,085,000,000 804,000,000 859,000,000 486,000,000 490,000,000 438,000,000 455,000,000 459,000,000 459,000,000 380,000,000 383,000,000  425,000,000 570,000,000 389,000,000  302,000,000 233,000,000 150,000,000 257,000,000 267,000,000 212,000,000 
        other liabilities
      		                                                   
        long-term debt
      		7,898,000,000 8,084,000,000 8,251,000,000 7,231,000,000 6,750,000,000 6,732,000,000 6,797,000,000 7,579,000,000 7,479,000,000 6,995,000,000 6,708,000,000 6,769,000,000 6,491,000,000 6,519,000,000 6,605,000,000 6,979,000,000 6,939,000,000 7,299,000,000 7,434,000,000 7,463,000,000 6,585,000,000 6,357,000,000 6,377,000,000 5,081,000,000 4,956,000,000 4,143,000,000 4,192,000,000 4,225,000,000 5,447,000,000 4,928,000,000 5,244,000,000 5,261,000,000 5,531,000,000 5,520,000,000 5,597,000,000 5,662,000,000 5,426,000,000 5,359,000,000 4,465,000,000 4,521,000,000 586,000,000 4,285,000,000 4,336,000,000 4,719,000,000 326,000,000 3,926,000,000 1,880,000,000 1,310,000,000 1,000,000,000 1,020,000,000  
        long-term lease liabilities
      		796,000,000 792,000,000 635,000,000 594,000,000 569,000,000 570,000,000 626,000,000 642,000,000 627,000,000 601,000,000 578,000,000 577,000,000 548,000,000 541,000,000 527,000,000 541,000,000 561,000,000 361,000,000 361,000,000 354,000,000 345,000,000 260,000,000 260,000,000 222,000,000 227,000,000 193,000,000 186,000,000 168,000,000                        
        other non-current liabilities
      		676,000,000 374,000,000 367,000,000 336,000,000 324,000,000 316,000,000 305,000,000 300,000,000 286,000,000 239,000,000 213,000,000 209,000,000 201,000,000 196,000,000 184,000,000 179,000,000 173,000,000 189,000,000 184,000,000 181,000,000 178,000,000 119,000,000 120,000,000 123,000,000 121,000,000 115,000,000 106,000,000 109,000,000 108,000,000 103,000,000 101,000,000 99,000,000 97,000,000 87,000,000 79,000,000 79,000,000 76,000,000 78,000,000 63,000,000 64,000,000  53,000,000 52,000,000 49,000,000  29,000,000 21,000,000 23,000,000 29,000,000 28,000,000 30,000,000 
        total other liabilities
      		9,723,000,000 9,590,000,000 9,619,000,000 8,543,000,000 8,047,000,000 7,955,000,000 8,099,000,000 8,941,000,000 8,800,000,000 8,258,000,000 7,876,000,000 7,949,000,000 7,662,000,000 7,672,000,000 7,706,000,000 7,962,000,000 7,882,000,000                                   
        total liabilities
      		10,741,000,000 10,277,000,000 10,453,000,000 9,227,000,000 8,765,000,000 8,616,000,000 8,800,000,000 9,815,000,000 9,706,000,000 9,102,000,000 8,482,000,000 8,587,000,000 8,279,000,000 8,480,000,000 8,455,000,000 9,489,000,000 9,513,000,000 8,825,000,000 8,878,000,000 8,853,000,000 7,877,000,000 7,488,000,000 7,504,000,000 7,291,000,000 7,437,000,000 6,792,000,000 6,677,000,000 6,320,000,000 6,276,000,000 6,125,000,000 6,161,000,000 6,236,000,000 6,145,000,000 6,143,000,000 6,177,000,000 6,242,000,000 6,013,000,000 6,014,000,000 5,050,000,000 5,098,000,000 591,000,000 4,837,000,000 5,002,000,000 5,254,000,000 326,000,000 4,285,000,000 2,163,000,000 1,503,000,000 1,302,000,000 1,340,000,000 1,377,000,000 
        redeemable noncontrolling interest in subsidiaries
      		103,000,000 74,000,000 38,000,000   9,000,000 6,000,000 2,000,000 1,000,000 18,000,000 15,000,000 9,000,000 7,000,000 7,000,000 4,000,000                                     
        commitments and contingencies
      		                                                   
        stockholders’ equity
      		                                                   
        preferred stock, 0.01 par value...
      		                                                   
        class a, class b, class c and class d common stock, 0.01 par value...
      		1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000         
        additional paid-in capital
      		1,715,000,000 1,689,000,000 1,670,000,000 1,735,000,000 1,805,000,000 1,831,000,000 1,830,000,000 1,741,000,000 1,732,000,000 1,728,000,000 1,718,000,000 1,719,000,000 1,761,000,000 1,786,000,000 1,785,000,000 1,826,000,000 1,872,000,000 1,810,000,000 1,848,000,000 1,886,000,000 1,922,000,000 1,918,000,000 1,934,000,000 1,922,000,000 1,936,000,000 1,830,000,000 1,852,000,000 1,870,000,000 1,897,000,000 1,935,000,000 1,859,000,000 1,827,000,000 1,843,000,000 1,864,000,000 1,842,000,000 1,859,000,000 1,879,000,000 1,858,000,000 1,835,000,000 1,844,000,000 1,855,000,000 1,820,000,000 1,852,000,000 1,235,000,000 1,240,000,000 1,336,000,000 815,000,000 644,000,000 621,000,000 571,000,000 639,000,000 
        retained earnings
      		213,000,000 372,000,000 188,000,000 207,000,000 254,000,000 301,000,000 314,000,000 311,000,000 361,000,000 370,000,000 412,000,000 419,000,000 463,000,000 494,000,000 505,000,000               13,000,000 25,000,000   24,000,000 23,000,000   35,000,000 26,000,000 7,000,000 12,000,000 15,000,000 8,000,000  3,000,000 5,000,000 3,000,000 4,000,000 8,000,000 9,000,000 63,000,000 
        accumulated other comprehensive income
      		-5,000,000 -13,000,000 -10,000,000  3,000,000 1,000,000 5,000,000 5,000,000 7,000,000 11,000,000 9,000,000 8,000,000 9,000,000 10,000,000 2,000,000                                     
        noncontrolling interest
      		3,887,000,000 3,666,000,000 3,693,000,000 3,477,000,000 3,501,000,000 3,490,000,000 3,561,000,000 2,987,000,000 2,893,000,000 2,140,000,000 1,987,000,000 2,006,000,000 1,792,000,000 1,818,000,000 1,896,000,000 1,377,000,000 1,466,000,000 1,177,000,000 1,209,000,000 1,199,000,000 890,000,000 355,000,000 370,000,000 463,000,000 413,000,000 298,000,000 322,000,000 373,000,000 402,000,000 440,000,000 419,000,000 371,000,000 391,000,000 437,000,000 498,000,000 508,000,000 520,000,000 622,000,000 742,000,000 753,000,000 791,000,000 348,000,000 361,000,000 131,000,000 246,000,000 279,000,000 264,000,000 385,000,000 382,000,000 413,000,000  
        total stockholders’ equity
      		5,811,000,000 5,715,000,000 5,542,000,000 5,420,000,000 5,564,000,000 5,624,000,000 5,711,000,000 5,045,000,000 4,994,000,000 4,250,000,000 4,127,000,000 4,153,000,000 4,026,000,000 4,109,000,000 4,189,000,000 3,139,000,000                                   697,000,000 
        total liabilities and stockholders’ equity
      		16,655,000,000 16,066,000,000 16,033,000,000 14,647,000,000 14,329,000,000 14,249,000,000 14,517,000,000 14,862,000,000 14,701,000,000 13,370,000,000 12,624,000,000 12,749,000,000 12,312,000,000 12,596,000,000 12,648,000,000 12,628,000,000                              5,899,000,000 3,236,000,000 2,534,000,000  2,331,000,000 2,074,000,000 
        note receivable — affiliate
      		       178,000,000 174,000,000 215,000,000                                          
        current assets held-for-sale
      		               653,000,000 631,000,000                                   
        current liabilities held-for-sale
      		               500,000,000 494,000,000                                   
        accumulated deficit
      		               -65,000,000 -33,000,000 -25,000,000 -46,000,000 -81,000,000 -84,000,000 -22,000,000 -54,000,000 -101,000,000 -72,000,000 -66,000,000 -105,000,000 -80,000,000 -58,000,000   -53,000,000 -69,000,000   -5,000,000                
        accumulated other comprehensive loss
      		                -6,000,000 -8,000,000 -9,000,000 -10,000,000 -14,000,000 -15,000,000 -19,000,000 -21,000,000 -15,000,000 -17,000,000 -16,000,000 -19,000,000 -18,000,000 -14,000,000 -17,000,000 -20,000,000 -28,000,000 -27,000,000 -28,000,000 -25,000,000 -28,000,000 -48,000,000 -47,000,000 -44,000,000 -27,000,000 -32,000,000 -16,000,000 -23,000,000 -9,000,000 -6,000,000 -9,000,000 -2,000,000  -2,000,000 -5,000,000 
        stockholders' equity
      		                                                   
        total stockholders' equity
      		                3,300,000,000 2,955,000,000 3,003,000,000 2,995,000,000 2,715,000,000 2,237,000,000 2,232,000,000 2,264,000,000 2,263,000,000 2,046,000,000 2,054,000,000 2,145,000,000 2,224,000,000 2,375,000,000 2,287,000,000 2,126,000,000 2,138,000,000 2,299,000,000 2,336,000,000 2,338,000,000 2,370,000,000 2,468,000,000 2,557,000,000 2,561,000,000 2,632,000,000 2,152,000,000 2,206,000,000 1,341,000,000 1,480,000,000 1,614,000,000 1,073,000,000 1,031,000,000  991,000,000  
        total liabilities and stockholders' equity
      		                12,813,000,000 11,780,000,000 11,881,000,000 11,848,000,000 10,592,000,000 9,725,000,000 9,736,000,000 9,555,000,000 9,700,000,000 8,838,000,000 8,731,000,000 8,465,000,000 8,500,000,000 8,500,000,000 8,448,000,000 8,362,000,000 8,283,000,000 8,442,000,000 8,513,000,000 8,580,000,000 8,383,000,000 8,482,000,000 7,607,000,000 7,659,000,000 3,223,000,000 6,989,000,000 7,208,000,000 6,595,000,000 1,806,000,000       
        right of use assets
      		                 346,000,000 349,000,000 348,000,000  256,000,000 257,000,000 221,000,000  191,000,000 183,000,000 168,000,000                        
        total non-current liabilities
      		                 8,009,000,000 8,124,000,000 8,105,000,000 7,243,000,000 6,886,000,000 6,949,000,000 5,577,000,000 5,380,000,000 4,546,000,000 4,550,000,000 4,533,000,000 5,572,000,000 5,040,000,000 5,357,000,000 5,377,000,000 5,659,000,000 5,653,000,000 5,739,000,000 5,787,000,000 5,554,000,000 5,555,000,000 4,670,000,000 4,715,000,000  4,412,000,000 4,432,000,000 4,865,000,000  3,983,000,000 1,930,000,000 1,353,000,000 1,045,000,000 1,073,000,000 1,165,000,000 
        intangible assets
      		                    1,370,000,000 1,371,000,000 1,393,000,000 1,406,000,000 1,428,000,000 1,103,000,000 1,121,000,000 1,139,000,000 1,156,000,000 1,177,000,000 1,192,000,000 1,210,000,000 1,228,000,000 1,234,000,000 1,251,000,000 1,268,000,000 1,286,000,000 1,303,000,000              
        accounts receivable — affiliate
      		                       1,000,000  3,000,000 1,000,000           2,000,000 1,000,000 2,000,000  1,000,000 1,000,000   4,000,000 1,000,000 1,000,000 1,000,000   
        accounts payable — affiliate
      		                     22,000,000 21,000,000 27,000,000 31,000,000 63,000,000 53,000,000 42,000,000 19,000,000 21,000,000 47,000,000 54,000,000 48,000,000 45,000,000 31,000,000 6,000,000 40,000,000 29,000,000 32,000,000 24,000,000 4,000,000 58,000,000 60,000,000 46,000,000  48,000,000 50,000,000 26,000,000 41,000,000   
        notes receivable — current
      		                                13,000,000    16,000,000               
        notes receivable
      		                             3,000,000 6,000,000 9,000,000  15,000,000 14,000,000 15,000,000  17,000,000 7,000,000 7,000,000  7,000,000 7,000,000 7,000,000  6,000,000 6,000,000 2,000,000 2,000,000 9,000,000  
        notes receivable — non-current
      		                                    14,000,000               
        (accumulated deficit) retained earnings
      		                                    -2,000,000               
        property, plant and equipment, net of accumulated depreciation
      		                                      4,947,000,000 5,012,000,000          1,487,000,000 1,492,000,000 
        intangible assets, net of accumulated amortization of 132 and 93
      		                                      1,321,000,000             
        intangible assets, net of accumulated amortization of 111 and 93
      		                                       1,338,000,000            
        current assets:
      		                                                   
        noncurrent assets:
      		                                                   
        investment in consolidated subsidiaries
      		                                        2,434,000,000    1,330,000,000       
        note receivable - yield operating
      		                                        618,000,000    337,000,000       
        liabilities and equity
      		                                                   
        other current liabilities
      		                                        1,000,000           
        stockholders' equity:
      		                                                   
        derivative instruments — affiliate
      		                                         3,000,000          
        in service
      		                                         4,929,000,000 4,919,000,000 4,804,000,000  3,535,000,000 2,477,000,000 1,703,000,000 1,699,000,000   
        under construction
      		                                         4,000,000 8,000,000 17,000,000  7,000,000 11,000,000 8,000,000 6,000,000   
        total property, plant and equipment
      		                                         4,933,000,000 4,927,000,000 4,821,000,000  3,542,000,000 2,488,000,000 1,711,000,000 1,705,000,000   
        less accumulated depreciation
      		                                         -499,000,000 -449,000,000 -391,000,000  -266,000,000 -233,000,000 -181,000,000 -164,000,000   
        net property, plant and equipment
      		                                         4,434,000,000 4,478,000,000 4,430,000,000  3,276,000,000 2,255,000,000 1,530,000,000 1,541,000,000   
        intangible assets, net of accumulated amortization of 80 and 36
      		                                         1,377,000,000          
        intangible assets, net of accumulated amortization of 64 and 36
      		                                          1,389,000,000         
        accounts payable
      		                                          23,000,000 33,000,000  15,000,000 15,000,000 14,000,000 40,000,000 26,000,000  
        intangible assets, net of accumulated amortization of 55 and 40
      		                                           1,403,000,000        
        class a common stock, 0.01 par value...
      		                                                   
        class b common stock, 0.01 par value...
      		                                                   
        accumulated (deficit) earnings
      		                                           -2,000,000        
        debt issuance costs
      		                                            5,000,000       
        renewable energy grant receivable
      		                                                102,000,000 101,000,000 101,000,000 
        notes receivable — affiliate
      		                                                2,000,000 2,000,000 3,000,000 
        intangible assets, net of accumulated amortization of 17 and 6
      		                                             1,517,000,000      
        liabilities and stockholders' equity
      		                                                   
        out-of-market contracts
      		                                             5,000,000 5,000,000     
        intangible assets, net of accumulated amortization of 8 and 6
      		                                              105,000,000     
        intangible assets, net of accumulated amortization of 7 and 6
      		                                               85,000,000    
        intangible assets, net of accumulated amortization of 6 and 3
      		                                                86,000,000 27,000,000  
        long-term debt — affiliate
      		                                                  25,000,000 
        stockholders'/members' equity
      		                                                   
        members' equity
      		                                                   
        total stockholders'/members' equity
      		                                                1,011,000,000   
        total liabilities and stockholders’/members' equity
      		                                                2,313,000,000   
        due from nrg and subsidiaries
      		                                                 1,000,000 8,000,000 
        due to nrg and subsidiaries
      		                                                 41,000,000 37,000,000 
        accounts receivable, net — trade
      		                                                  37,000,000 
        notes receivable — external
      		                                                  10,000,000 
        intangible assets, net of accumulated amortization of 5 and 3
      		                                                  30,000,000 
        long-term debt — external
      		                                                  1,051,000,000 
      Cashflow Statements:
      Quarterly
      Annual
        Unit: USD2025-12-31 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 
                                                          
          cash flows from operating activities
        		                                                  
          net loss
        		-199,000,000 60,000,000 12,000,000 -104,000,000    -46,000,000    -40,000,000       32,000,000 -76,000,000   76,000,000 -107,000,000    -47,000,000                       
          adjustments to reconcile net loss to net cash from operating activities:
        		                                                  
          equity in earnings of unconsolidated affiliates
        		-4,000,000 -15,000,000 -7,000,000 -5,000,000 -2,000,000 -13,000,000   -1,000,000   3,000,000 -1,000,000 -14,000,000 -10,000,000 -4,000,000 0 -20,000,000   15,000,000 -19,000,000 -16,000,000 13,000,000 -31,000,000 -38,000,000 -11,000,000 -3,000,000 -9,000,000 -32,000,000 -29,000,000 -4,000,000 -8,000,000 -28,000,000 -16,000,000 -19,000,000 -8,000,000 -9,000,000             
          distributions from unconsolidated affiliates
        		13,000,000 6,000,000 5,000,000 8,000,000 13,000,000 6,000,000 6,000,000 9,000,000 13,000,000 6,000,000 5,000,000 6,000,000 12,000,000 8,000,000 6,000,000 11,000,000 13,000,000 9,000,000 3,000,000 13,000,000 10,000,000 41,000,000 5,000,000 5,000,000 2,000,000 10,000,000 11,000,000 11,000,000 12,000,000 26,000,000 19,000,000 13,000,000 20,000,000 23,000,000 16,000,000 13,000,000 10,000,000 17,000,000             
          depreciation, amortization and accretion
        		180,000,000 176,000,000 163,000,000 163,000,000 156,000,000 164,000,000 153,000,000 154,000,000 137,000,000 133,000,000 128,000,000 128,000,000 133,000,000 129,000,000 126,000,000 124,000,000 122,000,000 131,000,000 128,000,000 128,000,000 125,000,000 102,000,000 99,000,000 102,000,000                           
          amortization of financing costs and debt discounts
        		4,000,000 4,000,000 4,000,000 3,000,000 4,000,000 3,000,000 3,000,000 4,000,000 4,000,000 3,000,000 3,000,000 3,000,000 4,000,000 3,000,000 3,000,000 4,000,000 4,000,000 3,000,000 3,000,000 4,000,000 3,000,000 4,000,000 4,000,000 4,000,000 3,000,000 7,000,000 3,000,000 4,000,000 5,000,000 6,000,000 6,000,000 7,000,000 7,000,000 7,000,000 6,000,000 5,000,000 5,000,000 5,000,000 5,000,000 5,000,000           
          amortization of intangibles
        		50,000,000 49,000,000 45,000,000 43,000,000 45,000,000 46,000,000 45,000,000 46,000,000 46,000,000 45,000,000 47,000,000 47,000,000 49,000,000 41,000,000 40,000,000 42,000,000  37,000,000 38,000,000 32,000,000                               
          loss on debt extinguishment
        		1,000,000    2,000,000 0 2,000,000 1,000,000     0 0 0 2,000,000 11,000,000 0 0 42,000,000 15,000,000 6,000,000 0 3,000,000                           
          reduction in carrying amount of right-of-use assets
        		4,000,000 4,000,000 4,000,000 4,000,000 4,000,000 3,000,000 4,000,000 4,000,000 4,000,000 3,000,000 4,000,000 4,000,000 4,000,000 3,000,000 3,000,000 4,000,000 3,000,000   2,000,000                               
          impairment losses
        		                        14,000,000 0                         
          changes in deferred income taxes
        		79,000,000 -28,000,000 4,000,000 -2,000,000  24,000,000 9,000,000 -10,000,000  40,000,000 20,000,000 -11,000,000  10,000,000 198,000,000 -1,000,000  1,000,000 7,000,000 -20,000,000  9,000,000 26,000,000 -22,000,000  -11,000,000 4,000,000 -7,000,000  11,000,000 7,000,000 -1,000,000  8,000,000 8,000,000 -1,000,000        -4,000,000 -11,000,000 10,000,000 2,000,000 3,000,000 3,000,000 0 
          changes in derivative instruments and amortization of accumulated oci
        		  -23,000,000 45,000,000  -15,000,000 47,000,000 2,000,000                                           
          changes in other working capital
        		66,000,000 -20,000,000 -16,000,000 -60,000,000 40,000,000 37,000,000 -63,000,000 -61,000,000 41,000,000 33,000,000 -83,000,000 -29,000,000 53,000,000 3,000,000 -18,000,000 -30,000,000 43,000,000 -27,000,000 -27,000,000 -3,000,000 -16,000,000 -3,000,000 -48,000,000 22,000,000 33,000,000 -11,000,000 -34,000,000 7,000,000 14,000,000 -8,000,000 -45,000,000 9,000,000 31,000,000 -21,000,000 -24,000,000 8,000,000 14,000,000 -11,000,000 17,000,000 -13,000,000 -11,000,000 61,000,000 -67,000,000 -5,000,000 3,000,000 16,000,000 -25,000,000 -25,000,000 -2,000,000 69,000,000 
          net cash from operating activities
        		177,000,000 225,000,000 191,000,000 95,000,000 192,000,000 301,000,000 196,000,000 81,000,000 206,000,000 287,000,000 134,000,000 75,000,000 180,000,000 328,000,000 186,000,000 93,000,000 172,000,000 288,000,000 194,000,000 47,000,000 104,000,000 257,000,000 100,000,000 84,000,000 103,000,000 224,000,000 89,000,000 61,000,000 102,000,000 215,000,000 116,000,000 65,000,000 142,000,000 203,000,000 110,000,000 61,000,000 121,000,000 241,000,000 96,000,000 102,000,000 104,000,000 181,000,000 10,000,000 78,000,000 29,000,000 121,000,000 57,000,000 16,000,000 38,000,000  
          cash flows from investing activities
        		                                                  
          acquisitions, net of cash acquired
        		0                -322,000,000 0                                 
          acquisition of drop down assets, net of cash acquired
        		-99,000,000 -142,000,000 -73,000,000 -4,000,000 -7,000,000 0 -560,000,000 -111,000,000 -145,000,000 107,000,000 0 -7,000,000                         0    -209,000,000 0         
          proceeds from transfer of assets
        		                                                  
          capital expenditures
        		-106,000,000 -81,000,000 -76,000,000 -56,000,000 -50,000,000 -35,000,000 -104,000,000 -98,000,000 -69,000,000 -34,000,000 -21,000,000 -88,000,000 -17,000,000 -14,000,000 -34,000,000 -47,000,000 -27,000,000 -31,000,000 -14,000,000 -79,000,000 -29,000,000 -12,000,000 -43,000,000 -40,000,000 -28,000,000 -104,000,000 -80,000,000 -16,000,000 -21,000,000 -17,000,000 -27,000,000 -18,000,000 -8,000,000 -10,000,000 -9,000,000 -4,000,000 -4,000,000 -5,000,000 -4,000,000 -7,000,000 -13,000,000 -8,000,000 -5,000,000 -3,000,000 -5,000,000 1,000,000 -10,000,000 -19,000,000 -6,000,000  
          free cash flows
        		71,000,000 144,000,000 115,000,000 39,000,000 142,000,000 266,000,000 92,000,000 -17,000,000 137,000,000 253,000,000 113,000,000 -13,000,000 163,000,000 314,000,000 152,000,000 46,000,000 145,000,000 257,000,000 180,000,000 -32,000,000 75,000,000 245,000,000 57,000,000 44,000,000 75,000,000 120,000,000 9,000,000 45,000,000 81,000,000 198,000,000 89,000,000 47,000,000 134,000,000 193,000,000 101,000,000 57,000,000 117,000,000 236,000,000 92,000,000 95,000,000 91,000,000 173,000,000 5,000,000 75,000,000 24,000,000 122,000,000 47,000,000 -3,000,000 32,000,000  
          payment for equipment deposit
        		                                                  
          payment for equipment deposit and asset purchase from affiliate
        		                                                  
          return of investments from unconsolidated affiliates
        		                                                  
          decrease in note receivable — affiliate
        		    0 0                                             
          investments in unconsolidated affiliates
        		        0 -18,000,000           0 -1,000,000 -3,000,000 -7,000,000 1,000,000 -5,000,000 -5,000,000 -4,000,000 -18,000,000 0 -10,000,000 -6,000,000 -25,000,000 -15,000,000 -26,000,000 -7,000,000 -11,000,000 -10,000,000     -316,000,000 3,000,000 24,000,000 -2,000,000 -18,000,000 3,000,000 -15,000,000 0 
          other
        		15,000,000 -9,000,000 4,000,000 8,000,000 3,000,000 5,000,000 5,000,000 2,000,000 3,000,000 3,000,000      3,000,000 5,000,000 4,000,000 0 13,000,000     4,000,000 0 -1,000,000 3,000,000 3,000,000 1,000,000 3,000,000 4,000,000       0 2,000,000     0 0 0 11,000,000   
          net cash from investing activities
        		-64,000,000 -341,000,000 -352,000,000 -46,000,000 -51,000,000 -27,000,000 -444,000,000 -203,000,000 -252,000,000 -155,000,000 -30,000,000 -86,000,000 -35,000,000 -231,000,000 1,423,000,000 -92,000,000 -435,000,000 -10,000,000 -106,000,000 -314,000,000 -42,000,000 -60,000,000 57,000,000 -17,000,000 -168,000,000 -89,000,000 -185,000,000 -26,000,000 -10,000,000 -9,000,000 -122,000,000 -44,000,000 -79,000,000 -61,000,000 -80,000,000 -63,000,000 -19,000,000 -100,000,000 16,000,000 -58,000,000 -222,000,000 -59,000,000 -348,000,000 -489,000,000 53,000,000 -917,000,000     
          cash flows from financing activities
        		                                                  
          contributions from noncontrolling interests, net of distributions
        		390,000,000 354,000,000 336,000,000 44,000,000 108,000,000 -14,000,000 1,192,000,000 207,000,000    273,000,000    23,000,000                                   
          proceeds from the issuance of class c common stock
        		                                                  
          payments of dividends and distributions
        		-92,000,000 -90,000,000 -89,000,000 -87,000,000 -85,000,000 -85,000,000 -83,000,000 -81,000,000 -80,000,000 -78,000,000 -77,000,000 -76,000,000 -75,000,000 -73,000,000 -71,000,000 -70,000,000 -69,000,000 -67,000,000 -66,000,000 -66,000,000 -64,000,000 -63,000,000 -42,000,000 -42,000,000 -39,000,000 -39,000,000 -38,000,000 -39,000,000 -64,000,000 -61,000,000 -58,000,000 -55,000,000 -53,000,000 -45,000,000 -51,000,000 -53,000,000               
          pro-rata distributions to ceg
        		-12,000,000 0                                                 
          tax-related distributions
        		        0 -2,000,000   0                                      
          buyouts of noncontrolling interest and redeemable noncontrolling interest
        		                                                  
          proceeds from the revolving credit facility
        		221,000,000 368,000,000           0 0 0 80,000,000 245,000,000 77,000,000 105,000,000 195,000,000 0 0 85,000,000 180,000,000 130,000,000 0   0 0 15,000,000 20,000,000                   
          payments for the revolving credit facility
        		-265,000,000            0 0 -305,000,000 -20,000,000 -77,000,000 -67,000,000 -63,000,000 -170,000,000 0 0   -130,000,000 0   0 0                     
          proceeds from issuance of long-term debt
        		                                        255,000,000 14,000,000         
          payments for long-term debt
        		-270,000,000 -693,000,000 -435,000,000 -63,000,000 -302,000,000 -87,000,000 -1,411,000,000 -166,000,000 -965,000,000 -78,000,000 -102,000,000 -204,000,000    -317,000,000 -1,122,000,000 -142,000,000 -71,000,000 -957,000,000 -473,000,000 -507,000,000   -784,000,000 -84,000,000 -312,000,000 -304,000,000 -425,000,000 -100,000,000 -206,000,000 -79,000,000 -108,000,000 -82,000,000 -67,000,000 -75,000,000 -60,000,000     -251,000,000         
          payments of debt issuance costs
        		-1,000,000 0   -6,000,000 -3,000,000   -4,000,000 -6,000,000 -1,000,000 -7,000,000 0 0 0 -4,000,000 -7,000,000 0 2,000,000 -15,000,000 -10,000,000 -8,000,000   -10,000,000 0   -9,000,000 0   0 0 -1,000,000 -3,000,000               
          net cash from financing activities
        		64,000,000 -29,000,000 236,000,000 -71,000,000 -82,000,000 -170,000,000 -145,000,000 34,000,000 -59,000,000 106,000,000 -199,000,000 28,000,000 -305,000,000 -229,000,000 -792,000,000 -184,000,000 376,000,000 -193,000,000 -49,000,000 233,000,000 -134,000,000 -76,000,000 -121,000,000 -104,000,000 85,000,000 -34,000,000 94,000,000 -320,000,000 102,000,000 -86,000,000 -2,000,000 -60,000,000 -77,000,000 -118,000,000 -113,000,000 -107,000,000 15,000,000 -30,000,000 -99,000,000 -79,000,000 81,000,000 -278,000,000 505,000,000 119,000,000 -63,000,000 1,081,000,000 -82,000,000 241,000,000 -28,000,000 62,000,000 
          net increase in cash, cash equivalents and restricted cash
        		    59,000,000   -88,000,000 -105,000,000 238,000,000 -95,000,000 17,000,000 -160,000,000 -132,000,000   99,000,000 85,000,000   -72,000,000    20,000,000                          
          cash, cash equivalents and restricted cash at beginning of period
        		0 0 0 733,000,000 0 0 0 1,051,000,000 0 0 0 996,000,000 0 0 0 654,000,000 0 0 0 465,000,000 0 0 0 417,000,000 0 0 0 583,000,000 0 0 0 316,000,000 11,000,000 0                 
          cash, cash equivalents and restricted cash at end of period
        		177,000,000 -145,000,000 75,000,000 711,000,000 59,000,000 104,000,000 -393,000,000 963,000,000 -105,000,000 238,000,000 -95,000,000 1,013,000,000 -160,000,000 -132,000,000 822,000,000 466,000,000 99,000,000 85,000,000 39,000,000 431,000,000 -72,000,000 121,000,000 36,000,000 380,000,000 20,000,000 101,000,000 -2,000,000 298,000,000 194,000,000 120,000,000 -8,000,000 277,000,000 -3,000,000 24,000,000                 
          supplemental disclosures:
        		                                                  
          interest paid, net of amount capitalized
        		                                                  
          income taxes paid, net of refunds received
        		                                                  
          non-cash financing activity:
        		                                                  
          non-cash adjustment for change in tax basis
        		                                                  
          changes in derivative instruments and amortization of accumulated oci/ocl
        		        62,000,000 -13,000,000 -54,000,000 3,000,000 -8,000,000                                      
          return of investment from unconsolidated affiliates
        		 4,000,000 4,000,000 6,000,000  3,000,000 31,000,000 4,000,000  4,000,000 1,000,000 9,000,000 1,000,000 6,000,000 3,000,000 3,000,000 10,000,000 17,000,000 12,000,000 8,000,000 26,000,000 30,000,000 11,000,000 12,000,000 19,000,000 20,000,000 3,000,000 14,000,000 23,000,000 4,000,000 4,000,000 14,000,000 15,000,000 7,000,000 9,000,000 16,000,000 12,000,000 -13,000,000             
          buyout of noncontrolling interest
        		                                                  
          proceeds from the issuance of long-term debt
        		 110,000,000 327,000,000 35,000,000  19,000,000 162,000,000 74,000,000  251,000,000 0 42,000,000  5,000,000 20,000,000 194,000,000  21,000,000 12,000,000 1,004,000,000  489,000,000 255,000,000 31,000,000  93,000,000 489,000,000 4,000,000  0 213,000,000 14,000,000  0 0 41,000,000               
          net decrease in cash, cash equivalents and restricted cash
        		   -22,000,000            -188,000,000    -34,000,000   36,000,000 -37,000,000   -2,000,000 -285,000,000  120,000,000 -8,000,000 -39,000,000  24,000,000                 
          acquisitions
        		                         0                         
          decrease in note receivable - affiliate
        		                                                  
          net income
        		    -48,000,000 27,000,000   -73,000,000 15,000,000   -54,000,000 62,000,000 1,149,000,000 -97,000,000     -73,000,000    -48,000,000 35,000,000   -91,000,000 49,000,000   -108,000,000 41,000,000 45,000,000 -1,000,000 -126,000,000 51,000,000 58,000,000 2,000,000 -4,000,000 34,000,000 41,000,000 -16,000,000 -10,000,000 31,000,000 42,000,000 18,000,000 24,000,000 45,000,000 
          adjustments to reconcile net income to net cash from operating activities:
        		                                                  
          gain on sale of business
        		            -1,000,000 0                                     
          change in deferred income taxes
        		                                                  
          acquisition of capistrano wind portfolio, net of cash acquired
        		            0                                      
          proceeds from sale of business
        		            0 0                                     
          distributions to ceg of escrowed amounts
        		            0 0 0 -64,000,000                                   
          cash from changes in other working capital:
        		                                                  
          changes in prepaid and accrued liabilities for tolling agreements
        		     19,000,000 -6,000,000 -10,000,000 -9,000,000 33,000,000 -17,000,000 -39,000,000 -14,000,000 98,000,000 -30,000,000 -44,000,000 -15,000,000 96,000,000 -32,000,000 -44,000,000 -16,000,000 92,000,000 -32,000,000 -45,000,000  72,000,000 -25,000,000 -35,000,000  70,000,000 -26,000,000 -36,000,000  69,000,000 -28,000,000 -36,000,000               
          equity in losses of unconsolidated affiliates
        		       -12,000,000            -4,000,000                               
          cash from changes in other working capital
        		                                                  
          increase in note receivable — affiliate
        		        41,000,000                                          
          buyout of noncontrolling interest and redeemable noncontrolling interest
        		                                                  
          reclassification of cash to assets held-for-sale
        		               -5,000,000                                   
          income taxes paid
        		                                                  
          non-cash investing and financing activities:
        		                                                  
          non-cash (distributions to), contributions from noncontrolling interests
        		                                                  
          contributions from (distributions to) noncontrolling interests
        		         19,000,000                                         
          gain on sale of unconsolidated affiliate
        		                    0 0                             
          loss on disposal of asset components
        		                    7,000,000    4,000,000 -2,000,000 5,000,000 2,000,000  -1,000,000 -3,000,000 2,000,000 8,000,000 4,000,000 1,000,000 3,000,000               
          cash provided (used) in changes in other working capital
        		                                                  
          asset purchase from affiliate
        		                0 0                                 
          proceeds from sale of assets
        		                    0 0 75,000,000 15,000,000                           
          consolidation of dgpv holdco 3 llc
        		                    0 0                             
          buyout of repowering partnership ii llc noncontrolling interest
        		                    0 0                             
          proceeds from the issuance of common stock
        		                                  9,000,000 7,000,000     0 -1,000,000         
          non-cash (distributions to), contributions from ceg
        		                                                  
          acquisition of drop down assets
        		             0 0 -51,000,000                   0 -131,000,000               
          (distributions to) contributions from noncontrolling interests
        		             -7,000,000                                     
          payments for short-term and long-term debt
        		             -146,000,000                                     
          changes in derivative instruments
        		              10,000,000 82,000,000 -22,000,000 30,000,000 47,000,000 -27,000,000 -19,000,000 -37,000,000 15,000,000 85,000,000 -16,000,000 31,000,000 42,000,000 28,000,000    -23,000,000 -14,000,000 -6,000,000 7,000,000 -3,000,000 -14,000,000 -3,000,000 -4,000,000 2,000,000 -9,000,000 -1,000,000 -33,000,000 -2,000,000 14,000,000    -7,000,000 -4,000,000 
          cash receipts from notes receivable
        		                 0           3,000,000 3,000,000 3,000,000 4,000,000 6,000,000 2,000,000 5,000,000 4,000,000               
          amortization of intangibles and out-of-market contracts
        		                    23,000,000 22,000,000 23,000,000 22,000,000 19,000,000 17,000,000 18,000,000 17,000,000 18,000,000 17,000,000 18,000,000 17,000,000 18,000,000 18,000,000 17,000,000 17,000,000 18,000,000 17,000,000 17,000,000 23,000,000 13,000,000 15,000,000 14,000,000 12,000,000 9,000,000 7,000,000 0 1,000,000 -1,000,000 1,000,000 
          partnership interest acquisition
        		                                                  
          buyout of wind te holdco noncontrolling interest
        		                           -19,000,000                       
          supplemental disclosures
        		                                                  
          reductions to fixed assets for accrued capital expenditures
        		                                                  
          non-cash contributions from ceg, net of distributions
        		                                                  
          gain on disposal of asset components
        		                                                  
          acquisition of drop down asset
        		                 0 0 -132,000,000                               
          insurance proceeds
        		                     2,000,000 0 3,000,000                           
          net contributions from noncontrolling interests
        		                 -14,000,000 36,000,000 229,000,000    154,000,000    19,000,000 -2,000,000 -1,000,000 64,000,000 30,000,000 0 -2,000,000 1,000,000 14,000,000  -1,000,000 -2,000,000 10,000,000           
          net proceeds from the issuance of common stock
        		                     20,000,000 28,000,000 10,000,000      76,000,000 65,000,000 10,000,000                   
          reduction (increase) in carrying amount of right-of-use assets
        		                                                  
          acquisition of agua caliente, net of cash acquired
        		                   -111,000,000                               
          non-cash contributions from ceg, nrg, net of distributions
        		                                                  
          right-of-use asset amortization
        		                     2,000,000 -3,000,000 2,000,000                           
          net contributions (distributions) from noncontrolling interests
        		                     -7,000,000                             
          payments for long-term debt - external
        		                       -437,000,000                           
          depreciation and amortization
        		                        111,000,000 112,000,000 89,000,000 84,000,000 84,000,000 84,000,000 82,000,000 81,000,000 93,000,000 88,000,000 78,000,000 75,000,000   67,000,000 66,000,000 102,000,000 50,000,000 59,000,000 54,000,000 42,000,000 34,000,000 43,000,000 17,000,000 16,000,000 16,000,000 
          changes in prepaid and accrued capacity payments
        		                                    -10,000,000 67,000,000             
          acquisition of assets
        		                                                  
          buyout of wind te holdco non-controlling interest
        		                        0 0                         
          proceeds from sale of hsd solar holdings, llc assets
        		                                                  
          net distributions and return of capital to nrg prior to the acquisition of drop down assets
        		                                29,000,000 -7,000,000 -4,000,000 -38,000,000               
          (reductions) additions to fixed assets for accrued capital expenditures
        		                                                  
          right of use asset amortization
        		                         2,000,000                         
          adjustment for debt extinguishment
        		                         0               0 2,000,000         
          partnership interests acquisition
        		                         0                         
          acquisition of the drop down assets
        		                                                  
          net (distributions) contributions from noncontrolling interests
        		                                                  
          net proceeds from the issuance of common stock under the atm
        		                                                  
          net distributions from noncontrolling interests
        		                                                  
          acquisition of interest in oahu partnership
        		                           -4,000,000                       
          acquisition of the buckthorn solar drop down asset
        		                                                  
          acquisition of business
        		                                                  
          net increase (decrease) in cash, cash equivalents and restricted cash
        		                                                  
          non-cash adjustment for change in tax basis of assets
        		                                                  
          derivative interest income
        		                                                  
          acquisition of businesses, net of cash acquired
        		                             0           0 0 453,000,000 -490,000,000       
          payments for the drop down assets
        		                             0 -84,000,000 -42,000,000                   
          derivative interest expense
        		                                                  
          net increase in cash and cash equivalents
        		                                    117,000,000    -37,000,000 -156,000,000 167,000,000 -292,000,000 19,000,000 285,000,000 -356,000,000 384,000,000 -85,000,000 104,000,000 
          additions to fixed assets for accrued capital expenditures
        		                                                  
          decrease to fixed assets for deferred tax asset
        		                                                  
          non-cash return of capital and distributions to nrg, net of contributions
        		                                                  
          decrease in restricted cash
        		                                   59,000,000     23,000,000 -31,000,000 8,000,000 -1,000,000 32,000,000 -16,000,000 11,000,000 33,000,000   
          net decrease in cash and cash equivalents
        		                                   -109,000,000   13,000,000 -35,000,000           
          cash and cash equivalents at beginning of period
        		                                   322,000,000 0 0 0 111,000,000 23,000,000 0 0 406,000,000 0 0 23,000,000 36,000,000 0 0 
          cash and cash equivalents at end of period
        		                                   213,000,000 117,000,000 111,000,000 13,000,000 76,000,000 -14,000,000 -156,000,000 167,000,000 114,000,000 19,000,000 285,000,000 -333,000,000 420,000,000 -85,000,000 104,000,000 
          depreciation, amortization and aro accretion
        		                                    74,000,000              
          receipt of indemnity from supplier
        		                                                  
          proceeds from renewable energy grants
        		                                            0 0 41,000,000 96,000,000 1,000,000 0 
          contributions from tax equity investors, net of distributions
        		                                                  
          capital contributions from nrg
        		                                            0 0   21,000,000 0 
          distributions and return of capital to nrg prior to the acquisition of drop down assets
        		                                                  
          additions (reductions) to fixed assets for accrued capital expenditures
        		                                                  
          decrease to fixed assets for accrued grants
        		                                                  
          increase in debt due to accrued interest converted to debt
        		                                                  
          changes in income taxes
        		                                     13,000,000             
          disposal of asset components
        		                                                  
          increase in restricted cash
        		                                       -12,000,000         37,000,000  
          decrease in notes receivable
        		                                     7,000,000 2,000,000 2,000,000  2,000,000 1,000,000 2,000,000    3,000,000 8,000,000 2,000,000 
          distributions to nrg for cvsr and nrg wind te holdco
        		                                                  
          payment of dividends and distributions to shareholders
        		                                     -44,000,000 -42,000,000 -41,000,000  -38,000,000 -31,000,000 -30,000,000       
          payment of debt issuance costs
        		                                        0 -2,000,000   -1,000,000 -13,000,000 -5,000,000 -8,000,000 0 -1,000,000 
          net (payments for) borrowings from the revolving credit facility
        		                                                  
          disposal of asset components and aro accretion
        		                                                  
          distributions to nrg for nrg wind te holdco
        		                                      -2,000,000 -4,000,000           
          net borrowings from the revolving credit facility
        		                                                  
          net payments of long-term debt
        		                                                  
          distributions in excess of equity in earnings of unconsolidated affiliates
        		                                       17,000,000 4,000,000 7,000,000 -18,000,000 36,000,000       
          net investments in unconsolidated affiliates
        		                                       -43,000,000 -25,000,000          
          net (payments for) borrowings of long-term debt
        		                                       -44,000,000           
          amortization of financing costs and debt discount/premiums
        		                                        5,000,000 5,000,000 3,000,000 3,000,000     1,000,000 0 
          decrease in notes receivable, including affiliates
        		                                            2,000,000 1,000,000     
          contributions from tax equity investors
        		                                                  
          distributions and return of capital to nrg prior to the acquisition of drop down assets and ipo
        		                                                  
          payment of dividends and distributions
        		                                            -29,000,000 -28,000,000     
          payments for long-term debt — external
        		                                           -61,000,000 -33,000,000 -47,000,000 -74,000,000 -74,000,000 -34,000,000 -10,000,000 
          payments for long-term debt — affiliate
        		                                                0 0 
          non-cash addition to additional paid-in capital for change in tax basis of property, plant and equipment for assets acquired from nrg
        		                                                  
          contributions from noncontrolling interests
        		                                         0         
          distributions and return of capital to nrg
        		                                                  
          proceeds from issuance of long-term debt — external
        		                                           210,000,000 0 538,000,000 41,000,000 345,000,000 0 0 
          distributions and equity in earnings of unconsolidated affiliates
        		                                            -20,000,000 25,000,000 -9,000,000 1,000,000 4,000,000 -13,000,000 
          payment to nrg for acquired rofo assets
        		                                            0 0     
          proceeds from issuance of class a common stock
        		                                                0  
          non-cash capital contributions from nrg
        		                                                  
          non-cash return of capital and dividends to nrg
        		                                                  
          amortization of financing costs and debt discount/premium
        		                                             3,000,000 4,000,000 1,000,000   
          payment for alta acquisition
        		                                                  
          return of capital to nrg
        		                                                  
          payment of borrowings from affiliate
        		                                                  
          proceeds from the issuance of class a common stock
        		                                                  
          dividends and returns of capital to nrg
        		                                                0 -395,000,000 
          net cash from/(used by) investing activities
        		                                               127,000,000   
          payment of dividends
        		                                               -22,000,000   
          net cash used by investing activities
        		                                                -95,000,000 -72,000,000 
          payment of dividends to class a and class b common stockholders
        		                                                  
          decrease to fixed assets for accrued grants and related tax impact
        		                                                  
          non-cash addition to additional paid-in capital for change in tax basis of property, plant and equipment
        		                                                  
          decrease to notes receivable for equity conversion
        		                                                  
          adjustments to reconcile net income to net cash (used)/provided by operating activities:
        		                                                  
          net cash (used)/provided by operating activities