Clearway Energy, Inc. and Clearway Energy LLC
Adjustments to Certain Unaudited Financial Information
for the Fiscal Quarters Ended
March 31, 2025, June 30, 2025 and September 30, 2025
Clearway Energy LLC
| Three months ended March 31, 2025 | Three months ended June 30, 2025 | Three months ended September 30, 2025 | ||||||||||||||||||||||||||||||||||
| (in millions) | As Previously Reported | Adjustments | As Revised | As Previously Reported | Adjustments | As Revised | As Previously Reported | Adjustments | As Revised | |||||||||||||||||||||||||||
| Consolidated Statement of Operations Information | ||||||||||||||||||||||||||||||||||||
| Net loss attributable to noncontrolling interests and redeemable noncontrolling interests | $ | (111 | ) | $ | 12 | $ | (99 | ) | $ | (50 | ) | $ | 5 | $ | (45 | ) | $ | (322 | ) | $ | 6 | $ | (316 | ) | ||||||||||||
| Net Income (Loss) Attributable to Clearway Energy LLC | 7 | (12 | ) | (5 | ) | 69 | (5 | ) | 64 | 351 | (6 | ) | 345 | |||||||||||||||||||||||
| Consolidated Balance Sheet Information | ||||||||||||||||||||||||||||||||||||
| Redeemable noncontrolling interest in subsidiaries | - | - | - | 38 | 7 | 45 | 74 | 30 | 104 | |||||||||||||||||||||||||||
| Retained earnings | 814 | (12 | ) | 802 | 778 | (17 | ) | 761 | 1,039 | (23 | ) | 1,016 | ||||||||||||||||||||||||
| Noncontrolling interest | 3,851 | 12 | 3,863 | 4,152 | 10 | 4,162 | 4,156 | (7 | ) | 4,149 | ||||||||||||||||||||||||||
| Total Members' equity | 5,479 | - | 5,479 | 5,575 | (7 | ) | 5,568 | 5,697 | (30 | ) | 5,667 | |||||||||||||||||||||||||
| Six months ended June 30, 2025 | Nine months ended September 30, 2025 | |||||||||||||||||||||||||||||||||||
| (in millions) | As Previously Reported | Adjustments | As Revised | As Previously Reported | Adjustments | As Revised | ||||||||||||||||||||||||||||||
| Consolidated Statement of Operations Information | ||||||||||||||||||||||||||||||||||||
| Net loss attributable to noncontrolling interests and redeemable noncontrolling interests | $ | (161 | ) | $ | 17 | $ | (144 | ) | $ | (483 | ) | $ | 23 | $ | (460 | ) | ||||||||||||||||||||
| Net Income Attributable to Clearway Energy LLC | 76 | (17 | ) | 59 | 427 | (23 | ) | 404 | ||||||||||||||||||||||||||||
Clearway Energy, Inc.
| Three months ended March 31, 2025 | Three months ended June 30, 2025 | Three months ended September 30, 2025 | ||||||||||||||||||||||||||||||||||
| (in millions) | As Previously Reported | Adjustments | As Revised | As Previously Reported | Adjustments | As Revised | As Previously Reported | Adjustments | As Revised | |||||||||||||||||||||||||||
| Consolidated Statement of Operations Information | ||||||||||||||||||||||||||||||||||||
| Net loss attributable to noncontrolling interests and redeemable noncontrolling interests | $ | (108 | ) | $ | 7 | $ | (101 | ) | $ | (21 | ) | $ | 3 | $ | (18 | ) | $ | (176 | ) | $ | 4 | $ | (172 | ) | ||||||||||||
| Net Income (Loss) Attributable to Clearway Energy, Inc. | 4 | (7 | ) | (3 | ) | 33 | (3 | ) | $ | 30 | 236 | (4 | ) | 232 | ||||||||||||||||||||||
| Earnings (Loss) Per Weighted Average Class A and Class C Common Share - Basic and Diluted | 0.03 | (0.05 | ) | (0.02 | ) | 0.28 | (0.03 | ) | 0.25 | 2.00 | (0.03 | ) | 1.97 | |||||||||||||||||||||||
| Consolidated Balance Sheet Information | ||||||||||||||||||||||||||||||||||||
| Redeemable noncontrolling interest in subsidiaries | - | - | - | 38 | 7 | 45 | 74 | 30 | 104 | |||||||||||||||||||||||||||
| Retained earnings | 207 | (7 | ) | 200 | 188 | (10 | ) | 178 | 372 | (14 | ) | 358 | ||||||||||||||||||||||||
| Noncontrolling interest | 3,477 | 7 | 3,484 | 3,693 | 3 | 3,696 | 3,666 | (16 | ) | 3,650 | ||||||||||||||||||||||||||
| Total Stockholders' equity | 5,420 | - | 5,420 | 5,542 | (7 | ) | 5,535 | 5,715 | (30 | ) | 5,685 | |||||||||||||||||||||||||
| Six months ended June 30, 2025 | Nine months ended September 30, 2025 | |||||||||||||||||||||||||||||||||||
| (in millions) | As Previously Reported | Adjustments | As Revised | As Previously Reported | Adjustments | As Revised | ||||||||||||||||||||||||||||||
| Consolidated Statement of Operations Information | ||||||||||||||||||||||||||||||||||||
| Net loss attributable to noncontrolling interests and redeemable noncontrolling interests | $ | (129 | ) | $ | 10 | $ | (119 | ) | $ | (305 | ) | $ | 14 | $ | (291 | ) | ||||||||||||||||||||
| Net Income Attributable to Clearway Energy, Inc. | 37 | (10 | ) | 27 | 273 | (14 | ) | 259 | ||||||||||||||||||||||||||||
| Earnings Per Weighted Average Class A and Class C Common Share - Basic and Diluted | 0.31 | (0.08 | ) | 0.23 | 2.32 | (0.12 | ) | 2.20 | ||||||||||||||||||||||||||||