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Clearway Energy, Inc.: Update to credit analysis

Our credit view of Clearway reflects its strong sponsors and low development risk, constrained by its high debt leverage.

Clearway Energy, Inc.: Update to credit analysis

Our credit view of this issuer reflects its strong sponsors and low development risk, constrained by its high debt leverage.

Clearway Energy, Inc.: Update to credit analysis

Our credit view of Clearway reflects its strong sponsor and low development risk, offset by high debt leverage and an approaching revolving credit expiration date, weakening liquidity.

Clearway Energy, Inc.: Update to credit analysis

Our credit view of Clearway Energy reflects its strong sponsor and low development risk, constrained by high debt leverage and its high dependence on SCE's credit quality.

Clearway Energy, Inc.: Update to credit analysis

Credit profile is driven by a combination of high debt leverage and stable long-term contracted cash flows.

Clearway Energy, Inc.: Clearway Energy cuts dividends, a credit positi...

The dividend reduction will help Clearway preserve its liquidity in the face of potentially no cash distributions from projects exposed to power purchase agreements (PPAs) with PG&E.

Clearway Energy, Inc.: An Update to the Credit Analysis

Credit profile driven by a combination of high debt leverage and stable long-term contracted cash flows.

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