Clearway Energy LLC 8-K

What Happened

• Clearway Energy LLC filed an 8‑K on January 7, 2026 announcing corrections to unaudited financial information in its Form 10‑Q filings for the quarters ended March 31, 2025, June 30, 2025 and September 30, 2025. The corrections address immaterial errors in calculations of hypothetical liquidation at book value (HLBV) used to allocate net income (loss) to redeemable noncontrolling interests and noncontrolling interests in tax equity partnerships.
• The company says the errors are immaterial to each previously reported period (individually and in the aggregate), do not require restating previously issued financial statements, and had no impact on net income (loss) or cash flow from operations. The detailed effects are provided in Exhibit 99.1 to the 8‑K.

Key Details

• Filing date: January 7, 2026.
• Affected quarters: Q1 (Mar 31, 2025), Q2 (Jun 30, 2025), Q3 (Sep 30, 2025).
• Issue: incorrect HLBV calculations used to allocate net income (loss) to redeemable noncontrolling interests and tax equity partnership noncontrolling interests.
• Outcome: corrections are immaterial; no restatement required; prior-period information will be revised in future filings when presented.

Why It Matters

• For investors, the company’s reported results (net income/loss and operating cash flow) are unchanged, but the 8‑K signals a deficiency in accounting controls around HLBV allocations. Management has identified a material weakness in internal control over financial reporting and has begun remediation efforts, but has not yet completed testing or provided a timeline for full remediation.
• That means while current financial figures remain intact, investors should monitor Clearway’s progress remediating the control weakness and any future disclosures about additional errors or further control issues.