Clearway Energy, Inc. Announces Results of 2026 Annual Meeting of Stockholders

Stockholders Approve Proposal to Simplify Public Share Class Structure

PRINCETON, N.J., April 29, 2026 (GLOBE NEWSWIRE) -- Clearway Energy, Inc. (NYSE: CWEN, CWEN.A) (the “Company”) today announced that, at the Company’s 2026 Annual Meeting of Stockholders (the “Annual Meeting”), the Company’s stockholders approved the proposal to amend and restate the Company’s certificate of incorporation (the “Charter Amendment”), as recommended by the Board of Directors of the Company (the “Board”), to simplify the Company’s public share class structure into a single share class.

The Charter Amendment will result in the conversion of each share of the Company’s Class A common stock into one share of the Company’s Class C common stock (the “Class A Conversion”). Under the terms of the Charter Amendment, which the Company filed today with the Delaware Secretary of State, the Class A Conversion will occur automatically at 12:01 a.m., Eastern Time, on May 1, 2026. Stockholders do not need to take any action with respect to the Class A Conversion. The Company expects that the New York Stock Exchange (the “NYSE”) will suspend trading in shares of the Class A common stock before the market opens on May 1, 2026 and that the shares of Class C common stock that are received upon the Class A Conversion will commence trading on May 1, 2026.

In connection with the Class A Conversion, Clearway Energy Group LLC (“CEG”), the owner of all of the Company’s outstanding Class B common stock and Class D common stock, entered into a Voting Trust Agreement (the “Voting Trust Agreement”) designed to preserve the total relative voting power of the Company’s public stockholders following the Class A Conversion.

In addition, the Company’s stockholders approved all other proposals submitted for a vote at the Annual Meeting. The Company will report the final results of the Annual Meeting on a Current Report on Form 8-K that will be filed with the U.S. Securities and Exchange Commission (the “SEC”).

About Clearway Energy, Inc.

Clearway Energy, Inc. is one of the largest owners of clean energy generation assets in the U.S. Our portfolio comprises approximately 12.9 GW of gross capacity in 27 states, including approximately 10.1 GW of wind, solar and battery energy storage systems and approximately 2.8 GW of conventional dispatchable power capacity that provide critical grid reliability services. Through our diversified and primarily contracted clean energy portfolio, Clearway Energy endeavors to provide its investors with stable and growing dividend income. Clearway Energy, Inc.’s Class C and Class A common stock are traded on the New York Stock Exchange under the symbols CWEN and CWEN.A, respectively. Clearway Energy, Inc. is sponsored by its controlling investor, Clearway Energy Group LLC. For more information, visit investor.clearwayenergy.com.

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