Clearway Energy's second quarter 2026 generation was 5% below expectations, driven by El Niño's impact on wind.

Clearway Energy released a second quarter 2026 operational update indicating that compensable generation came in below the volumes required to meet its full-year financial guidance. The miss was attributed to lower-than-typical wind resources, particularly in California and Texas.

Key Highlights

• The Wind and Solar segments produced approximately 5% fewer GWh than expected during the second quarter.
• Weaker performance was driven by a strong El Niño pattern, which reduced the measured wind resource in the CAISO region to 87% of P-50 expectations.
• Plant availability remained high for Solar and Flexible Generation at 99% and 97% respectively, while Wind segment availability was 92%.