Clearway separates its customers into three distinct segments: utilities, business and government, and residential. As far as its business partners go, Clearway’s renewable energy infrastructure provides energy to the A-list of global companies including Toyota, Whirlpool, Deere and Company, MGM Resorts International, Whole Foods, and several high profile Universities around the country. 

Most recently, Clearway has made significant progress in establishing two solar energy storage sites in Hawaii. The energy that is stored and created on site will be able to power over 45,000 houses on Oahu alone! Clearway also has other upcoming projects currently being developed on sites like New York’s Hudson community solar park, the Illinois community solar at Northwestern University, and the Black Rock wind farm in West Virginia. 

Clearway states that it helps its customers eliminate over 8 million metric tons of carbon per year, a number that should only continue to rise in the future. The one thing that keeps rearing its head is the fact that Clearway has thus far refused to expand internationally. Most clean energy companies have at the very least moved into Canada by now, so Clearway’s insistence on staying stateside is confusing. Like we mentioned, a refusal to expand outside of its current market is a bearish outlook long-term, and most certainly caps the upside of the company in the short-term, even if it is one of the largest providers of clean energy in the country. Clearway has a high institutional investor base with over 90% of its shares held by institutions. The stock also pays a healthy 4.92% dividend yield annually, so if anything it is a safe investment with limited short-term upside.