Clearway Energy (CWEN) Capital Expenditures (2012 - 2026)
Clearway Energy's Capital Expenditures was $84 million in Q2 2026, up 10.5% from $76 million a year earlier and up 12.0% from the prior quarter.
Clearway Energy (CWEN) Capital Expenditures (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Clearway Energy's Capital Expenditures was $346 million through Jun 30, 2026, up 59.4% year-over-year; for FY2025, it was $319 million, up 11.1% from FY2024.
- Capital Expenditures has now increased for three consecutive years, with a five-year compound annual growth rate of 20.8% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $287 million in FY2024 (+35.4%), $212 million in FY2023 (+89.3%), $112 million in FY2022 (-25.8%) and $151 million in FY2021 (+21.8%).
- Quarterly Capital Expenditures has moved between $14 million (Q3 2022) and $106 million (Q4 2025) over five years.
- Compared with a year earlier, Capital Expenditures has increased for four straight quarters, with growth averaging 24.2% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q2 2024 (growth of 395.2%); the worst was Q3 2022 (a decline of 54.8%).
- Per Business Quant data, CWEN's Capital Expenditures in the three quarters before Q2 2026 was $75 million (Q1 2026), $106 million (Q4 2025) and $81 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Constellation Energy | 94.25 Bn | 88.84 Bn | - | 940.00 Mn |
| 2 | Vistra | 43.90 Bn | 34.38 Bn | - | 747.00 Mn |
| 3 | AXIA Energia | 24.56 Bn | 11.54 Bn | 2.59 Bn | - |
| 4 | Nrg Energy | 20.39 Bn | 15.19 Bn | 2.23 Bn | 526.00 Mn |
| 5 | Talen Energy | 17.09 Bn | 14.83 Bn | - | 167.00 Mn |
| 6 | Enlight Renewable Energy | 9.32 Bn | 5.89 Bn | 124.81 Mn | -756.69 Mn |
| 7 | Brookfield Renewable Partners | 7.91 Bn | -20.73 Bn | 23.00 Mn | -1.91 Bn |
| 8 | Clearway Energy | 7.64 Bn | 10.23 Bn | - | 248.00 Mn |
| 9 | Ormat Technologies | 5.68 Bn | 4.15 Bn | 77.38 Mn | 172.66 Mn |
| 10 | Oklo | 4.89 Bn | -3.51 Bn | 772,000.00 | 153.97 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 248.00 Mn |
| Jun 30, 2026 | 84.00 Mn |
| Mar 31, 2026 | 75.00 Mn |
| Dec 31, 2025 | 106.00 Mn |
| Sep 30, 2025 | 81.00 Mn |
| Jun 30, 2025 | 76.00 Mn |
| Mar 31, 2025 | 56.00 Mn |
| Dec 31, 2024 | 50.00 Mn |
| Sep 30, 2024 | 35.00 Mn |
| Jun 30, 2024 | 104.00 Mn |
| Mar 31, 2024 | 98.00 Mn |
| Dec 31, 2023 | 69.00 Mn |
| Sep 30, 2023 | 34.00 Mn |
| Jun 30, 2023 | 21.00 Mn |
| Mar 31, 2023 | 88.00 Mn |
| Dec 31, 2022 | 17.00 Mn |
| Sep 30, 2022 | 14.00 Mn |
| Jun 30, 2022 | 34.00 Mn |
| Mar 31, 2022 | 47.00 Mn |
| Dec 31, 2021 | 27.00 Mn |
Clearway Energy Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CWEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "CWEN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CWEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();