10 Best Clean Energy Stocks to Buy According to Billionaires

6. Clearway Energy, Inc. (NYSE:CWEN)

Number of Billionaire Investors: 8

Next on our list of the Best Clean Energy Stocks is Clearway Energy, Inc. (NYSE:CWEN), a leading integrated clean energy company with the 5th largest renewable operating fleet in the US. The company’s portfolio comprises approximately 11.8 GW of gross generating capacity in 26 states.

Clearway Energy, Inc. (NYSE:CWEN) had a tough Q4 2024 as its EPS of $0.03 fell significantly below estimates of $0.33. The company’s revenue of $256 million also missed expectations by $43.73 million. However, the company continues to expand and is committed to approximately $450 million of new long-term corporate capital investments in 2024 while bringing online over 1 gigawatt of renewable power generation and energy storage capacity. CWEN announced earlier this year that it has also invested around $270 million to upgrade a wind farm in South Texas, increasing its capacity to 160 MW.

Despite a net loss of $63 million in 2024, Clearway Energy, Inc. (NYSE:CWEN) remains financially strong and reported a Cash Available for Distribution (CAFD) of $425 million at the end of the year, exceeding its guidance of $395 million. The company has raised its dividend by 1.7% to $0.424 and expects to increase its dividend by 5% to 8% in the coming years.