Initiated Outperform X

CWEN Clearway Energy

Exane BNP Paribas

$36

Initiated Buy X

CWEN Clearway Energy

Jefferies

$35

Upgrades Eq-Weight Overweight X

CWEN Clearway Energy

Morgan Stanley

$25 $36

Upgrades Neutral Buy X

CWEN Clearway Energy

BofA Securities

$29 $27

Downgrades Buy Neutral X

CWEN Clearway Energy

BofA Securities

Initiated Neutral X

CWEN Clearway Energy

CIBC

$36

Upgrades Perform Outperform X

CWEN Clearway Energy

Oppenheimer

$44

Upgrades In-line Outperform X

CWEN Clearway Energy

Evercore ISI

$25 $36

Initiated Buy X

CWEN Clearway Energy

Tudor Pickering

$33

Upgrades Neutral Buy X

CWEN Clearway Energy

Seaport Global Securities

$31

Upgrades Peer Perform Outperform X

CWEN Clearway Energy

Wolfe Research

$33

Upgrades Neutral Buy X

CWEN Clearway Energy

BofA/Merrill

Downgrades Outperform In-line X

CWEN Clearway Energy

Evercore ISI

$14.50

Downgrades Outperform Neutral X

CWEN Clearway Energy

Macquarie

Downgrades Neutral Sell X

CWEN Clearway Energy

Guggenheim

$11

Downgrades Buy Neutral X

CWEN Clearway Energy

Guggenheim

CWEN  Clearway Energy, Inc.

Clearway Energy, Inc., through its subsidiaries, acquires, owns, and operates contracted renewable and conventional generation, and thermal infrastructure assets in the United States. As of December 31, 2017, it had contracted renewable and conventional generation portfolio of 5,118 net megawatt (MW). The company also owns thermal infrastructure assets with an aggregate steam and chilled water capacity of 1,319 net MW thermal equivalents, and electric generation capacity of 123 net MW. Its thermal infrastructure assets provide steam, hot water and/or chilled water, and electricity to commercial businesses, universities, hospitals, and governmental units. The company was founded in 2012 and is based in Princeton, New Jersey. Clearway Energy, Inc. is a subsidiary of NRG Energy, Inc.