Clearway Energy, Inc. Signs Binding Agreement to Acquire an Additional 35% Interest in the 290 MW Agua Caliente Solar Project - Seite 3

Clearway Energy, Inc. undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The Adjusted EBITDA and Cash Available for Distribution are estimates as of today’s date and are based on assumptions believed to be reasonable as of this date. Clearway Energy, Inc. expressly disclaims any current intention to update such guidance. The foregoing review of factors that could cause Clearway Energy, Inc.’s actual results to differ materially from those contemplated in the forward-looking statements included in this news release should be considered in connection with information regarding risks and uncertainties that may affect Clearway Energy, Inc.’s future results included in Clearway Energy, Inc.’s filings with the Securities and Exchange Commission at www.sec.gov. In addition, Clearway Energy, Inc. makes available free of charge at www.clearwayenergy.com, copies of materials it files with, or furnishes to, the Securities Exchange Commission.

Contacts:

Investors:	Media:
Akil Marsh	Zadie Oleksiw
[e-mail]	[e-mail]
609-608-1500	202-836-5754

Appendix Table A-1: Adjusted EBITDA and Cash Available for Distribution Reconciliation

The following table summarizes the calculation of Estimated Cash Available for Distribution and provides a reconciliation to Net Income/(Loss):

($ in millions)		5-Year Average
Net Income		$	33
Interest Expense, net		19
Depreciation, Amortization, and ARO Expense		54
Adjustment to reflect CWEN share of Adjusted EBITDA in unconsolidated affiliates		(12		)
Adjusted EBITDA		94
Cash interest paid		(18		)
Pro-rata Adjusted EBITDA from unconsolidated affiliates		18
Cash distributions from unconsolidated affiliates		(9		)
Cash from Operating Activities		85
Net distributions to non-controlling interest		(28		)
Principal amortization of indebtedness		(37		)
Estimated Cash Available for Distribution		$	20