Clearway Energy (CWEN.A) 10-K 23 Feb 23 2022 FY Annual report Financial data

Cover

Cover - USD ($)	12 Months Ended
	Dec. 31, 2022	Jan. 31, 2023	Jun. 30, 2022
Class of Stock [Line Items]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2022
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Entity File Number	333-203369
Entity Registrant Name	Clearway Energy LLC
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	32-0407370
Entity Address, Address Line One	300 Carnegie Center, Suite 300
Entity Address, City or Town	Princeton
Entity Address, State or Province	NJ
Entity Address, Postal Zip Code	08540
City Area Code	609
Local Phone Number	608-1525
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	Yes
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
ICFR Auditor Attestation Flag	false
Entity Public Float			$ 0
Documents Incorporated by Reference	Documents Incorporated by Reference: None.
Entity Central Index Key	0001637757
Amendment Flag	false
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Common Class A
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding		34,613,853
Common Class B
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding		42,738,750
Common Class C
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding		82,283,460
Common Class D
Class of Stock [Line Items]
Entity Common Stock, Shares Outstanding		42,336,750

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2022
Audit Information [Abstract]
Auditor Firm ID	42
Auditor Name	Ernst & Young LLP
Auditor Location	Philadelphia, Pennsylvania

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating Revenues
Total operating revenues	$ 1,190	$ 1,286	$ 1,199
Operating Costs and Expenses
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below	435	451	366
Depreciation, amortization and accretion	512	509	428
Impairment losses	16	6	24
General and administrative	38	38	33
Transaction and integration costs	7	7	9
Development costs	2	6	5
Total operating costs and expenses	1,010	1,017	865
Gain on sale of business	1,292	0	0
Operating Income	1,472	269	334
Other Income (Expense)
Equity in earnings of unconsolidated affiliates	29	32	7
Impairment loss on investment	0	0	(8)
Gain on sale of unconsolidated affiliate	0	0	49
Other income, net	17	3	4
Loss on debt extinguishment	(2)	(53)	(24)
Interest expense	(232)	(312)	(414)
Total other expense, net	(188)	(330)	(386)
Income (Loss) Before Income Taxes	1,284	(61)	(52)
Income tax expense	2	2	0
Net Income (Loss)	1,282	(63)	(52)
Less: Net loss attributable to noncontrolling interests and redeemable interests	(106)	(173)	(113)
Net Income Attributable to Clearway Energy LLC	$ 1,388	$ 110	$ 61

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net Income (Loss)	$ 1,282	$ (63)	$ (52)
Other Comprehensive Income
Unrealized gain on derivatives and changes in accumulated OCI/OCL	33	22	2
Other comprehensive income	33	22	2
Comprehensive Income (Loss)	1,315	(41)	(50)
Less: Comprehensive loss attributable to noncontrolling interests and redeemable interests	(100)	(171)	(115)
Comprehensive Income Attributable to Clearway Energy LLC	$ 1,415	$ 130	$ 65

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current Assets
Cash and cash equivalents	$ 657	$ 179
Restricted cash	339	475
Accounts receivable — trade	153	144
Inventory	47	37
Current assets held-for-sale	0	631
Derivative instruments	26	0
Prepayments and other current assets	54	65
Total current assets	1,276	1,531
Property, plant and equipment, net	7,421	7,650
Other Assets
Equity investments in affiliates	364	381
Intangible assets for power purchase agreements, net	2,488	2,419
Other intangible assets, net	77	80
Derivative instruments	63	6
Right-of-use assets, net	527	550
Other non-current assets	96	101
Total other assets	3,615	3,537
Total Assets	12,312	12,718
Current Liabilities
Current portion of long-term debt — external	322	772
Current portion of long-term debt — affiliate	2	1
Accounts payable — trade	55	74
Accounts payable — affiliates	24	110
Derivative instruments	50	46
Accrued interest expense	54	54
Current liabilities held-for-sale	0	494
Accrued expenses and other current liabilities	95	84
Total current liabilities	602	1,635
Other Liabilities
Long-term debt — external	6,491	6,939
Deferred income taxes	4	2
Derivative instruments	303	196
Long-term lease liabilities	548	561
Other non-current liabilities	197	168
Total other liabilities	7,543	7,866
Total Liabilities	8,145	9,501
Redeemable noncontrolling interest in subsidiaries	7	0
Commitments and Contingencies
Members’ Equity
Contributed capital	1,308	1,495
Retained earnings	1,240	43
Accumulated other comprehensive income (loss)	21	(13)
Noncontrolling interest	1,591	1,692
Total Members’ Equity	4,160	3,217
Total Liabilities and Members’ Equity	$ 12,312	$ 12,718

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash Flows from Operating Activities
Net income (loss)	$ 1,282	$ (63)	$ (52)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Equity in earnings of unconsolidated affiliates	(29)	(32)	(7)
Distributions from unconsolidated affiliates	37	38	61
Depreciation, amortization and accretion	512	509	428
Amortization of financing costs and debt discounts	14	14	15
Amortization of intangibles	172	146	90
Loss on debt extinguishment	2	53	24
Reduction in carrying amount of right-of-use assets	14	11	4
Gain on sale of unconsolidated affiliate	0	0	(49)
Gain on sale of business	(1,292)	0	0
Impairment losses	16	6	32
Change in deferred income taxes	2	2	0
Changes in derivative instruments and amortization of accumulated OCI/OCL	69	28	44
Loss on disposal of asset components	0	0	3
Changes in prepaid and accrued liabilities for tolling agreements	10	5	(1)
Changes in other working capital	(12)	(16)	(47)
Net Cash Provided by Operating Activities	797	701	545
Cash Flows from Investing Activities
Acquisitions, net of cash acquired	0	(533)	0
Acquisition of Drop Down Assets, net of cash acquired	(71)	(229)	(122)
Acquisition of Capistrano Wind Portfolio, net of cash acquired	(223)	0	0
Capital expenditures	(112)	(151)	(124)
Asset purchase from affiliate	0	(21)	0
Return of investment from unconsolidated affiliates	13	47	79
Investments in unconsolidated affiliates	0	0	(11)
Proceeds from sale of assets	0	0	90
Proceeds from sale of business	1,457	0	0
Consolidation of DGPV Holdco 3 LLC	0	0	17
Other	1	22	9
Net Cash Provided by (Used in) Investing Activities	1,065	(865)	(62)
Cash Flows from Financing Activities
Contributions from noncontrolling interests, net of distributions	47	680	247
Contributions from CEG, net of distributions	13	287	0
Buyout of Repowering Partnership II LLC noncontrolling interest	0	0	(70)
Proceeds from the issuance of class C units	0	0	62
Payments of distributions	(289)	(268)	(211)
Distributions to CEG of escrowed amounts	(64)	0	0
Tax-related distributions	(19)	0	0
Proceeds from the revolving credit facility	80	622	265
Payments for the revolving credit facility	(325)	(377)	(265)
Proceeds from issuance of long-term debt — external	244	1,728	1,084
Proceeds from issuance of long-term debt — affiliate	4	2	3
Payments of debt issuance costs	(4)	(20)	(20)
Payments for long-term debt — external	(1,198)	(2,292)	(1,482)
Payments for long-term debt — affiliate	(3)	(2)	(45)
Other	(6)	7	0
Net Cash (Used in) Provided by Financing Activities	(1,520)	367	(432)
Reclassification of Cash to Assets Held-for-Sale	0	(14)	0
Net Increase in Cash, Cash Equivalents and Restricted Cash	342	189	51
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	654	465	414
Cash, Cash Equivalents and Restricted Cash at End of Period	996	654	465
Supplemental Disclosures:
Interest paid, net of amount capitalized	(317)	(337)	(325)
Non-cash investing and financing activities:
Non-cash (distributions to), contributions from CEG	$ (4)	$ 31	$ 7

CONSOLIDATED STATEMENTS OF MEMB

CONSOLIDATED STATEMENTS OF MEMBERS' EQUITY - USD ($) $ in Millions	Total	DGPV	Mesquite Star	Langford Drop Down	Rosamond Central Drop Down	Repowering Partnership II LLC	Agua Caliente Acquisition	Rattlesnake Drop Down	Mesquite Sky Drop Down	Black Rock Drop Down	Mililani I Drop Down	Waiawa Drop Down	Capistrano Wind Portfolio	Kawailoa Solar Partnership LLC	CEG	Tax Equity Investors	Clearway Energy, Inc.	Contributed Capital	Contributed Capital DGPV	Contributed Capital Mesquite Star	Contributed Capital Langford Drop Down	Contributed Capital Rosamond Central Drop Down	Contributed Capital Repowering Partnership II LLC	Contributed Capital Rattlesnake Drop Down	Contributed Capital Mesquite Sky Drop Down	Contributed Capital Black Rock Drop Down	Contributed Capital Mililani I Drop Down	Contributed Capital Waiawa Drop Down	Contributed Capital Capistrano Wind Portfolio	Contributed Capital Kawailoa Solar Partnership LLC	Contributed Capital CEG	Contributed Capital Clearway Energy, Inc.	Retained Earnings (Accumulated Deficit)	Retained Earnings (Accumulated Deficit) CEG	Retained Earnings (Accumulated Deficit) Clearway Energy, Inc.	Accumulated Other Comprehensive (Loss) Income	Accumulated Other Comprehensive (Loss) Income Capistrano Wind Portfolio	Noncontrolling Interest	Noncontrolling Interest DGPV	Noncontrolling Interest Mesquite Star	Noncontrolling Interest Rosamond Central Drop Down	Noncontrolling Interest Repowering Partnership II LLC	Noncontrolling Interest Agua Caliente Acquisition	Noncontrolling Interest Mesquite Sky Drop Down	Noncontrolling Interest Black Rock Drop Down	Noncontrolling Interest Mililani I Drop Down	Noncontrolling Interest Waiawa Drop Down	Noncontrolling Interest Kawailoa Solar Partnership LLC	Noncontrolling Interest CEG	Noncontrolling Interest Tax Equity Investors
Balance, beginning of period at Dec. 31, 2019	$ 2,173																	$ 1,882															$ 5			$ (37)		$ 323
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(52)																																61					(113)
Unrealized gain on derivatives and changes in accumulated OCL	2																																			4		(2)
Contributions from CEG, net of distributions, non-cash															$ (7)																$ (8)																		$ 1
Contributions from CEG, net of distributions, cash															6	$ 361																																	6	$ 361
Distributions to noncontrolling interests, non-cash																(3)																																		(3)
Payment for interests		$ (20)	$ 361	$ (44)	$ 55	$ (70)													$ (33)	$ 15	$ (44)	$ 3	$ (60)																$ 13	$ 346	$ 52	$ (10)
Lighthouse Partnership Yield Protection Agreement	(15)																	(15)
Net proceeds from the sales of units, Clearway Energy, Inc.	62																	62
Distributions paid															(90)		$ (121)														(36)	$ (59)		$ (54)	$ (62)
Balance, end of period at Dec. 31, 2020	2,612																	1,723															(50)			(33)		972
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(66)																																110					(176)
Unrealized gain on derivatives and changes in accumulated OCL	22																																			20		2
Contributions from CEG, net of distributions, non-cash															(31)																(2)																		(29)
Contributions from CEG, net of distributions, cash															296	$ 676															287																		9	$ 676
Payment for interests								$ (117)	$ (120)	$ (137)														$ (117)	$ (42)	$ (122)																		$ (78)	$ (15)
Lighthouse Partnership Yield Protection Agreement	15																	15
Agua Caliente Acquisition							$ 273																																				$ 273
Distributions paid															(113)		(155)														(96)	(155)		(17)	0
Balance, end of period at Dec. 31, 2021	3,217																	1,495															43			(13)		1,692
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	1,271																																1,388					(117)
Unrealized gain on derivatives and changes in accumulated OCL	33																																			27		6
Noncontrolling Interest, Contributions From (Distributions To) Noncontrolling Interest Holders Non Cash	51														(4)			0													(18)							51											$ 14
Contributions from CEG, net of distributions, cash	16																	48																				(32)
Payment for interests									$ (8)	$ 1	$ (30)	$ (21)	$ 11	$ (69)											$ (7)	$ 2	$ (41)	$ (38)	$ 4	$ (20)							$ 7							$ (1)	$ (1)	$ 11	$ 17	$ (49)
Tax-related distributions	(19)																																(19)
Distributions paid															$ (122)		$ (167)														$ (35)	$ (82)		$ (87)	$ (85)
Balance, end of period at Dec. 31, 2022	$ 4,160																	$ 1,308															$ 1,240			$ 21		$ 1,591

Nature of Business

Nature of Business	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Business	Nature of Business Clearway Energy LLC, together with its consolidated subsidiaries, or the Company, is an energy infrastructure investor with a focus on investments in clean energy and owner of modern, sustainable and long-term contracted assets across North America. The Company is sponsored by GIP and TotalEnergies through the portfolio company, Clearway Energy Group LLC, or CEG, which became equally owned by GIP and TotalEnergies as of September 12, 2022, when TotalEnergies acquired, through its investment in an intermediate holding company, 50% of GIP’s interest in CEG. GIP is an independent infrastructure fund manager that makes equity and debt investments in infrastructure assets and businesses. TotalEnergies is a global multi-energy company. The Company is one of the largest renewable energy owners in the U.S. with over 5,500 net MW of installed wind and solar generation projects. The Company’s over 8,000 net MW of assets also includes approximately 2,500 net MW of environmentally-sound, highly efficient natural gas-fired generation facilities. Through this environmentally-sound, diversified and primarily contracted portfolio, the Company endeavors to increase distributions to its unit holders. The majority of the Company’s revenues are derived from long-term contractual arrangements for the output or capacity from these assets. On May 1, 2022, the Company completed the sale of 100% of its interests in the Thermal Business to KKR. For further details of the Thermal Disposition, refer to Note 3, Acquisitions and Dispositions . Clearway Energy, Inc., or Clearway, Inc., consolidates the results of the Company through its controlling interest, with CEG’s interest shown as contributed capital in the Company’s consolidated financial statements. The holders of Clearway, Inc.’s outstanding shares of Class A and Class C common stock are entitled to dividends as declared. CEG receives its distributions from the Company through its ownership of the Company’s Class B and Class D units. From time to time, CEG may also hold shares of Clearway Inc’s Class A and/or Class C common stock. As of December 31, 2022, Clearway, Inc. owned 57.88% of the economic interests of the Company, with CEG owning 42.12% of the economic interests of the Company. For further discussion, see Note 11, Members’ Equity. The diagram below represents a summarized structure of the Company as of December 31, 2022:

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Basis of Presentation and Principles of Consolidation The Company’s consolidated financial statements have been prepared in accordance with GAAP. The FASB ASC is the source of authoritative GAAP to be applied by nongovernmental entities. In addition, the rules and interpretative releases of the SEC under authority of federal securities laws are also sources of authoritative GAAP for SEC registrants. The consolidated financial statements include the Company’s accounts and operations and those of its subsidiaries in which it has a controlling financial interest. All significant intercompany transactions and balances have been eliminated in consolidation. The usual condition for a controlling financial interest is ownership of a majority of the voting interests of an entity. However, a controlling financial interest may also exist through arrangements that do not involve controlling voting interests. As such, the Company applies the guidance of ASC 810, Consolidations, to determine when an entity that is insufficiently capitalized or not controlled through its voting interests, referred to as a variable interest entity, or VIE, should be consolidated. Cash, Cash Equivalents and Restricted Cash Cash and cash equivalents include highly liquid investments with an original maturity of three months or less at the time of purchase. Cash and cash equivalents held at project subsidiaries was $121 million and $146 million as of December 31, 2022 and 2021, respectively. The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows: December 31, 2022 2021 (In millions) Cash and cash equivalents $ 657 $ 179 Restricted cash 339 475 Cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows $ 996 $ 654 Restricted cash consists primarily of funds held to satisfy the requirements of certain debt agreements and funds held within the Company’s projects that are restricted in their use. As of December 31, 2022, these restricted funds were comprised of $109 million designated to fund operating expenses, $55 million designated for current debt service payments and $105 million restricted for reserves including debt service, performance obligations and other reserves as well as capital expenditures. The remaining $70 million is held in distributions reserve accounts. In 2020, the members of the partnerships holding the Oahu Solar and Kawailoa Solar projects submitted applications to the state of Hawaii for refundable tax credits based on the cost of construction of the projects. In 2021, the members of the partnerships contributed their respective portions of the tax credits in the amount of $27 million to the Oahu Solar and $22 million to the Kawailoa Solar project companies, which were recorded to restricted cash on the Company’s consolidated balance sheet with an offsetting adjustment to noncontrolling interests. In accordance with the projects’ related agreements, the cash is held in a restricted account and utilized to offset invoiced amounts under the projects’ PPAs. On August 1, 2022, the Company sold its Class A membership interests in the Kawailoa Partnership, which consolidates the Kawailoa Solar project, to Clearway Renew LLC, as further described in Note 3, Acquisitions and Dispositions , resulting in the removal of $7 million that remained in restricted cash at the time of sale. As of December 31, 2022, $26 million of the $27 million previously contributed to the Oahu Solar projects has been utilized to offset invoiced amounts under the projects’ PPAs. Accounts Receivable — Trade and Allowance for Credit Losses Accounts receivable — trade are reported on the consolidated balance sheet at the invoiced amount adjusted for any write-offs and the allowance for credit losses. The allowance for credit losses is reviewed periodically based on amounts past due and their significance. The allowance for credit losses was immaterial as of December 31, 2022 and 2021. Inventory Inventory consists of spare parts and is valued at weighted average cost, unless evidence indicates that the weighted average cost will not be recovered with a normal profit in the ordinary course of business. Inventory is removed when used for repairs, maintenance or capital projects. Property, Plant and Equipment Property, plant and equipment are stated at cost, however impairment adjustments are recorded whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. Significant additions or improvements extending asset lives are capitalized as incurred, while repairs and maintenance that do not improve or extend the life of the respective asset are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful lives. Certain assets and their related accumulated depreciation amounts are adjusted for asset retirements and disposals with the resulting gain or loss included in cost of operations in the consolidated statements of income. For further discussion of the Company’s property, plant and equipment refer to Note 4, Property, Plant and Equipment . Construction in-progress represents cumulative construction costs, including the costs incurred for the purchase of major equipment and engineering costs and capitalized interest. Once the project achieves commercial operation, the Company reclassifies the amounts recorded in construction in progress to facilities and equipment. Development costs include project development costs, which are expensed in the preliminary stages of a project and capitalized when the project is deemed to be commercially viable. Commercial viability is determined by one or a series of actions including, among others, Board of Director approval pursuant to a formal project plan that subjects the Company to significant future obligations that can only be discharged by the use of a Company asset. When a project is available for operations, capitalized interest and capitalized project development costs are reclassified to property, plant and equipment and depreciated on a straight-line basis over the estimated useful life of the project’s related assets. Capitalized costs are charged to expense if a project is abandoned or management otherwise determines the costs to be unrecoverable. Asset Impairments Long-lived assets that are held and used are reviewed for impairment whenever events or changes in circumstances indicate their carrying amounts may not be recoverable. Such reviews are performed in accordance with ASC 360, Property, Plant and Equipment . An impairment loss is indicated if the total future estimated undiscounted cash flows expected from an asset are less than its carrying amount. An impairment charge is measured as the excess of an asset’s carrying amount over its fair value with the difference recorded in operating costs and expenses in the consolidated statements of income. Fair values are determined by a variety of valuation methods, including appraisals, sales prices of similar assets and present value techniques. For further discussion of the Company’s long-lived asset impairments, refer to Note 9, Asset Impairments . Investments accounted for by the equity method are reviewed for impairment in accordance with ASC 323, Investments-Equity Method and Joint Ventures , which requires that a loss in value of an investment that is an other-than-temporary decline should be recognized. The Company identifies and measures losses in the value of equity method investments based upon a comparison of fair value to carrying value. Debt Issuance Costs Debt issuance costs are capitalized and amortized as interest expense on a basis which approximates the effective interest method over the term of the related debt. Debt issuance costs related to the long-term debt are presented as a direct deduction from the carrying amount of the related debt. Debt issuance costs related to the senior secured revolving credit facility line of credit are recorded as a non-current asset on the consolidated balance sheet and are amortized over the term of the credit facility. Intangible Assets Intangible assets represent contractual rights held by the Company. The Company recognizes specifically identifiable intangible assets including power purchase agreements, leasehold rights, emission allowances, RECs and development rights when specific rights and contracts are acquired. These intangible assets are amortized primarily on a straight-line basis. For further discussion of the Company’s intangible assets, refer to Note 8, Intangible Assets. Income Taxes The Company is classified as a partnership for federal and state income tax purposes. Therefore, federal and most state income taxes are assessed at the partner level. The franchise tax imposed by the state of Texas, however, is being assessed at the level of certain project subsidiaries of the Company, and therefore reflected as an income tax expense of the Company. For the year ended December 31, 2022, the Company recorded a deferred tax expense of $2 million and associated deferred tax liability of $4 million with respect to future years. At December 31, 2021, the Company recorded a deferred tax expense and associated deferred tax liability of $2 million with respect to future years. Revenue Recognition Revenue from Contracts with Customers The Company applies the guidance in ASC 606, Revenue from Contracts with Customers, or Topic 606, when recognizing revenue associated with its contracts with customers. The Company’s policies with respect to its various revenue streams are detailed below. In general, the Company applies the invoicing practical expedient to recognize revenue for the revenue streams detailed below, except in circumstances where the invoiced amount does not represent the value transferred to the customer. Thermal Revenues Steam and chilled water revenue is recognized as the Company transfers the product to the customer, based on customer usage as determined by meter readings taken at month-end. Some locations read customer meters throughout the month, and recognize estimated revenue for the period between meter read date and month-end. For thermal contracts, the Company’s performance obligation to deliver steam and chilled water is satisfied over time and revenue is recognized based on the invoiced amount. The Thermal Business subsidiaries collect and remit state and local taxes associated with sales to their customers, as required by governmental authorities. These taxes are presented on a net basis in the consolidated statements of income. On May 1, 2022, the Company completed the sale of 100% of its interests in the Thermal business to KKR. For further details of the Thermal Disposition refer to Note 3, Acquisitions and Dispositions. Power Purchase Agreements, or PPAs The majority of the Company’s revenues are obtained through PPAs or similar contractual agreements. Energy, capacity and, where applicable, renewable attributes, from the majority of the Company’s renewable energy assets and certain conventional energy plants is sold through long-term PPAs and tolling agreements to a single counterparty, which is often a utility or commercial customer. The majority of these PPAs are accounted for as operating leases as the Company retained its historical lease assessments and classification upon adoption of ASC 842, Leases . ASC 842 requires the minimum lease payments received to be amortized over the term of the lease and contingent rentals are recorded when the achievement of the contingency becomes probable. Judgment is required by management in determining the economic life of each generating facility, in evaluating whether certain lease provisions constitute minimum payments or represent contingent rent and other factors in determining whether a contract contains a lease and whether the lease is an operating lease or capital lease. Certain of these PPAs have no minimum lease payments and all of the lease revenue under these PPAs is recorded as contingent rent on an actual basis when the electricity is delivered. The contingent lease revenue recognized in the years ended December 31, 2022, 2021 and 2020 was $850 million, $741 million and $589 million, respectively. See Note 15, Leases, for additional information related to the Company’s PPAs accounted for as leases. Renewable Energy Credits, or RECs Renewable energy credits, or RECs, are usually sold through long-term PPAs or through REC contracts with counterparties. Revenue from the sale of self-generated RECs is recognized when the related energy is generated and simultaneously delivered even in cases where there is a certification lag as it has been deemed to be perfunctory. In a bundled contract to sell energy, capacity and/or self-generated RECs, all performance obligations are deemed to be delivered at the same time and hence, timing of recognition of revenue for all performance obligations is the same and occurs over time. In such cases, it is often unnecessary to allocate transaction price to multiple performance obligations. Disaggregated Revenues The following tables represent the Company’s disaggregation of revenue from contracts with customers for the year ended December 31, 2022, along with the reportable segment for each category: Year ended December 31, 2022 (In millions) Conventional Generation Renewables Thermal Total Energy revenue (a) $ 6 $ 956 $ 48 $ 1,010 Capacity revenue (a) 435 2 18 455 Other revenues — 71 11 82 Contract amortization (24) (151) — (175) Mark-to-market for economic hedges — (182) — (182) Total operating revenues 417 696 77 1,190 Less: Contract amortization 24 151 — 175 Less: Mark-to-market for economic hedges — 182 — 182 Less: Lease revenue (441) (809) (1) (1,251) Total revenue from contracts with customers $ — $ 220 $ 76 $ 296 (a) See Note 15 , Leases, for the amounts of energy and capacity revenue that relate to leases and are accounted for under ASC 842. The following tables represent the Company’s disaggregation of revenue from contracts with customers for the year ended December 31, 2021, along with the reportable segment for each category: Year ended December 31, 2021 (In millions) Conventional Generation Renewables Thermal Total Energy revenue (a) $ 9 $ 784 $ 122 $ 915 Capacity revenue (a) 455 2 53 510 Other revenues — 60 32 92 Contract amortization (23) (118) (3) (144) Mark-to-market for economic hedges — (87) — (87) Total operating revenues 441 641 204 1,286 Less: Contract amortization 23 118 3 144 Less: Mark-to-market for economic hedges — 87 — 87 Less: Lease revenue (464) (716) (2) (1,182) Total revenue from contracts with customers $ — $ 130 $ 205 $ 335 (a) See Note 15 , Leases, for the amounts of energy and capacity revenue that relate to leases and are accounted for under ASC 842. The following tables represent the Company’s disaggregation of revenue from contracts with customers for the year ended December 31, 2020, along with the reportable segment for each category: Year ended December 31, 2020 (In millions) Conventional Generation Renewables Thermal Total Energy revenue (a) $ 10 $ 609 $ 101 $ 720 Capacity revenue (a) 451 — 63 514 Other revenues — 21 32 53 Contract amortization (24) (61) (3) (88) Total operating revenues 437 569 193 1,199 Less: Contract amortization 24 61 3 88 Less: Lease revenue (461) (554) (2) (1,017) Total revenue from contracts with customers $ — $ 76 $ 194 $ 270 (a) See Note 15 , Leases, for the amounts of energy and capacity revenue that relate to leases and are accounted for under ASC 842. Contract Amortization Assets and liabilities recognized from power sales agreements assumed through acquisitions relating to the sale of electric capacity and energy in future periods arising from differences in contract and market prices are amortized to revenue over the term of each underlying contract based on actual generation and/or contracted volumes or on a straight-line basis, where applicable. Contract Balances The following table reflects the net amount of contract assets and liabilities included on the Company’s consolidated balance sheets as of December 31, 2022 and December 31, 2021: (In millions) December 31, 2022 December 31, 2021 Accounts receivable, net - Contracts with customers $ 37 $ 44 Accounts receivable, net - Leases 116 100 Total accounts receivable, net $ 153 $ 144 Derivative Financial Instruments The Company accounts for derivative financial instruments under ASC 815, Derivatives and Hedging , or ASC 815, which requires the Company to record all derivatives on the balance sheet at fair value unless they qualify for a NPNS exception. Changes in the fair value of non-hedge derivatives are immediately recognized in earnings. Changes in the fair value of derivatives accounted for as hedges, if elected for hedge accounting, are either: • Recognized in earnings as an offset to the changes in the fair value of the related hedged assets, liabilities and firm commitments; or • Deferred and recorded as a component of accumulated OCI until the hedged transactions occur and are recognized in earnings. The Company’s primary derivative instruments are interest rate instruments used to mitigate variability in earnings due to fluctuations in interest rates and power sale contracts used to mitigate variability in earnings due to fluctuations in market prices. Certain derivative contracts contain provisions providing the counterparties a lien on specific assets as collateral. On an ongoing basis, the Company qualitatively assesses the effectiveness of its derivatives that are designated as hedges for accounting purposes in order to determine that each derivative continues to be highly effective in offsetting changes in cash flows of hedged items. If necessary, the Company will perform an analysis to measure the statistical correlation between the derivative and the associated hedged item to determine the effectiveness of such a contract designated as a hedge. The Company will discontinue hedge accounting if it is determined that the hedge is no longer effective. In this case, the gain or loss previously deferred in accumulated OCI would be frozen until the underlying hedged item is delivered unless the transaction being hedged is no longer probable of occurring in which case the amount in accumulated OCI would be immediately reclassified into earnings. If the derivative instrument is terminated, the effective portion of this derivative deferred in accumulated OCI will be frozen until the underlying hedged item is delivered. Revenues and expenses on contracts that qualify for the NPNS exception are recognized when the underlying physical transaction is delivered. While these contracts are considered derivative financial instruments under ASC 815, they are not recorded at fair value, but on an accrual basis of accounting. If it is determined that a transaction designated as NPNS no longer meets the scope exception, the fair value of the related contract is recorded on the balance sheet and immediately recognized through earnings. Concentrations of Credit Risk Financial instruments which potentially subject the Company to concentrations of credit risk consist primarily of accounts receivable — trade and derivative instruments, which are concentrated within entities engaged in the energy and financial industries. These industry concentrations may impact the overall exposure to credit risk, either positively or negatively, in that the customers may be similarly affected by changes in economic, industry or other conditions. In addition, many of the Company’s projects have only one customer. See Item 1A, Risk Factors, Risks Related to the Company’s Business, for a discussion on the Company’s dependence on major customers . See Note 6, Fair Value of Financial Instruments, for a further discussion of derivative concentrations and Note 12, Segment Reporting, for concentration of counterparties. Fair Value of Financial Instruments The carrying amount of cash and cash equivalents, restricted cash, accounts receivable — trade, accounts payable — trade, account payable — affiliates and accrued expenses and other current liabilities approximate fair value because of the short-term maturity of these instruments. See Note 6, Fair Value of Financial Instruments, for a further discussion of fair value of financial instruments. Asset Retirement Obligations Asset retirement obligations, or AROs, are accounted for in accordance with ASC 410-20, Asset Retirement Obligations, or ASC 410-20. Retirement obligations associated with long-lived assets included within the scope of ASC 410-20 are those for which a legal obligation exists under enacted laws, statutes, and written or oral contracts, including obligations arising under the doctrine of promissory estoppel, and for which the timing and/or method of settlement may be conditional on a future event. ASC 410-20 requires an entity to recognize the fair value of a liability for an ARO in the period in which it is incurred and a reasonable estimate of fair value can be made. Upon initial recognition of a liability for an ARO, other than when an ARO is assumed in an acquisition of the related long-lived asset, the asset retirement cost is capitalized by increasing the carrying amount of the related long-lived asset by the same amount. Over time, the liability is accreted to its future value, while the capitalized cost is depreciated over the useful life of the related asset. The Company’s AROs are primarily related to the future dismantlement of equipment on leased property and environmental obligations related to site closures and fuel storage facilities. The Company records AROs as part of other non-current liabilities on its consolidated balance sheet. The following table represents the balance of ARO obligations, along with the related activity for the year ended December 31, 2022: (In millions) Balance as of December 31, 2021 $ 146 Liabilities incurred 6 Liabilities settled (5) Accretion expense 10 Balance as of December 31, 2022 $ 157 Guarantees The Company enters into various contracts that include indemnification and guarantee provisions as a routine part of its business activities. Examples of these contracts include operation and maintenance agreements, service agreements, commercial sales arrangements and other types of contractual agreements with vendors and other third parties as well as affiliates. These contracts generally indemnify the counterparty for tax, environmental liability, litigation and other matters as well as breaches of representations, warranties and covenants set forth in these agreements. Because many of the guarantees and indemnities the Company issues to third parties and affiliates do not limit the amount or duration of its obligations to perform under them, there exists a risk that the Company may have obligations in excess of the amounts agreed upon in the contracts mentioned above. For those guarantees and indemnities that do not limit the liability exposure, the Company may not be able to estimate what the liability would be, until a claim is made for payment or performance, due to the contingent nature of these contracts. Investments Accounted for by the Equity Method The Company has investments in various energy projects accounted for by the equity method, several of which are VIEs, where the Company is not a primary beneficiary, as described in Note 5, Investments Accounted for by the Equity Method and Variable Interest Entities. The equity method of accounting is applied to these investments in affiliates because the ownership structure prevents the Company from exercising a controlling influence over the operating and financial policies of the projects. Under this method, equity in pre-tax income or losses of the investments is reflected as equity in earnings of unconsolidated affiliates. Distributions from equity method investments that represent earnings on the Company’s investment are included within cash flows from operating activities and distributions from equity method investments that represent a return of the Company’s investment are included within cash flows from investing activities. Sale-Leaseback Arrangements The Company is party to sale-leaseback arrangements that provide for the sale of certain assets to a third-party and simultaneous leaseback to the Company. In accordance with ASC 840-40, Sale-Leaseback Transactions , if the seller-lessee retains, through the leaseback, substantially all of the benefits and risks incident to the ownership of the property sold, the sale-leaseback transaction is accounted for as a financing arrangement. An example of this type of continuing involvement would include an option to repurchase the assets or the buyer-lessor having the option to sell the assets back to the Company. This provision is included in most of the Company’s sale-leaseback arrangements. As such, the Company accounts for these arrangements as financings. Under the financing method, the Company does not recognize as income any of the sale proceeds received from the lessor that contractually constitutes payment to acquire the assets subject to these arrangements. Instead, the sale proceeds received are accounted for as financing obligations and leaseback payments made by the Company are allocated between interest expense and a reduction to the financing obligation. Interest on the financing obligation is calculated using the Company’s incremental borrowing rate at the inception of the arrangement on the outstanding financing obligation. Judgment is required to determine the appropriate borrowing rate for the arrangement and in determining any gain or loss on the transaction that would be recorded either at the end of or over the lease term. Asset Acquisitions The Company accounts for its acquisitions in accordance with ASC 805, Business Combinations, or ASC 805. For third-party acquisitions, ASC 805 requires an acquirer to recognize and measure in its financial statements the identifiable assets acquired, the liabilities assumed and any noncontrolling interest in the acquiree at fair value at the acquisition date. No goodwill is recognized and excess purchase price or negative goodwill are allocated to the acquired assets on a relative fair value basis. For acquisitions that relate to entities under common control, the difference between the cash paid and historical value of the entities’ equity is recorded as a distribution/contribution from/to CEG with the offset to CEG’s contributed capital balance. Tax Equity Arrangements Certain portions of the Company’s redeemable noncontrolling interest in subsidiaries and noncontrolling interest represent third-party interests in the net assets under certain tax equity arrangements, which are consolidated by the Company, that have been entered into to finance the cost of solar and wind facilities eligible for certain tax credits. The Company has determined that the provisions in the contractual agreements of these structures represent substantive profit sharing arrangements. Further, the Company has determined that the appropriate methodology for calculating the redeemable noncontrolling interest and noncontrolling interest that reflects the substantive profit sharing arrangements is a balance sheet approach utilizing the hypothetical liquidation at book value, or HLBV, method. Under the HLBV method, the amounts reported as redeemable noncontrolling interest and noncontrolling interest represent the amounts the investors to the tax equity arrangements would hypothetically receive at each balance sheet date under the liquidation provisions of the contractual agreements, assuming the net assets of the funding structures were liquidated at their recorded amounts determined in accordance with GAAP. The investors’ interests in the results of operations of the funding structures are determined as the difference in redeemable noncontrolling interest and noncontrolling interest at the start and end of each reporting period, after taking into account any capital transactions between the structures and the funds’ investors. The calculations utilized to apply the HLBV method include estimated calculations of taxable income or losses for each reporting period. In addition, in certain circumstances, the Company and its partners in the tax equity arrangements agree that certain tax benefits are to be utilized outside of the tax equity arrangements, which may result in differences in the amount an investor would hypothetically receive at the initial balance sheet date calculated strictly in accordance with related contractual agreements. These differences are recognized in the consolidated statement of income using a systematic and rational method over the period during which the investor is expected to achieve its target return. Redeemable Noncontrolling Interest To the extent that a third party has the right to redeem their interests for cash or other assets, the Company has included the noncontrolling interest attributable to the third party as a component of temporary equity in the mezzanine section of the consolidated balance sheet. The following table reflects the changes in the Company’s redeemable noncontrolling interest balance for the year ended December 31, 2022: (In millions) Balance at December 31, 2021 $ — Cash distributions to redeemable noncontrolling interests (4) Comprehensive income attributable to redeemable noncontrolling interests 11 Balance at December 31, 2022 $ 7 Use of Estimates The preparation of consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions. These estimates and assumptions impact the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements. They also impact the reported amounts of net earnings during the reporting periods. Actual results could be different from these estimates. In recording transactions and balances resulting from business operations, the Company uses estimates based on the best information available. Estimates are used for such items as plant depreciable lives, uncollectible accounts, AROs, acquisition accounting, fair value of financial instruments and legal costs incurred in connection with recorded loss contingencies, among others. In addition, estimates are used to test long-lived assets for impairment and to determine the fair value of impaired assets. As better information becomes available or actual amounts are determinable, the recorded estimates are revised. Consequently, operating results can be affected by revisions to prior accounting estimates. Reclassification Certain prior year amounts have been reclassified for comparative purposes. Recently Adopted Accounting Standards In March 2020, the FASB issued ASU No. 2020-4, Facilitation of the Effects of Reference Rate Reform on Financial Reporting . The amendments provide for optional expedients and exceptions for applying GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. These amendments apply only to contracts that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform, which affects certain of the Company’s debt and interest rate swap agreements. The guidance is effective for all entities as of March 12, 2020 through December 31, 2022. In December 2022, the FASB issued ASU No. 2022-6, Deferral of the Sunset Date of Reference Rate Reform , to extend the end of the transition period to December 31, 2024. As of December 31, 2022, the Company intends to apply the amendments to all its eligible contract modifications, where applicable, no later than June 30, 2023, the LIBOR cessation date. Additionally, the Company has not elected any optional expedients provided in the standard.

Acquisitions and Dispositions

Acquisitions and Dispositions	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions and Dispositions	Acquisitions and Dispositions Acquisitions As further described in Note 2, Summary of Significant Accounting Policies , the Company records the assets acquired and liabilities assumed at acquisition-date fair value, except in the case of acquisitions under common control by CEG, for which assets acquired and liabilities assumed are recorded at historical cost on the acquisition date, which in certain circumstances represent the acquired cost. The fair value of property, plant and equipment for third-party acquisitions was determined primarily based on an income method using discounted cash flows and validated using a cost approach based on the replacement cost of the assets less economic depreciation. This methodology was utilized as the forecasted cash flows incorporate specific attributes of each asset including age, useful life, equipment condition and technology. The fair value of intangible assets was determined utilizing a variation of the income approach determined by discounting incremental cash flows associated with the contracts to present value. Primary assumptions utilized included estimates of generation, contractual prices, operating expenses and the weighted average cost of capital reflective of a market participant. These assumptions are considered to be a Level 3 measurement as defined in ASC 820, as they utilize inputs that are not observable in the market. Daggett 3 Drop Down — On February 17, 2023, Daggett Solar Investment LLC, a subsidiary of the Company, acquired the Class A membership interests in Daggett Renewable Holdco LLC from Clearway Renew LLC, a subsidiary of CEG, for cash consideration of $21 million. Simultaneously, Daggett Renewable Holdco LLC acquired Daggett TargetCo LLC, the indirect owner of the Daggett 3 solar project, a 300 MW solar project with matching storage capacity that is currently under construction and located in San Bernardino, California. Daggett Renewable Holdco LLC is a partnership between the Company and a third-party investor. The third-party investor also paid cash consideration of $129 million, which was utilized to acquire the Class B membership interests in Daggett Renewable Holdco LLC. Daggett TargetCo LLC consolidates, as the direct owner of the primary beneficiary, a tax equity fund, Daggett TE Holdco LLC, which holds the Daggett 3 solar project. Daggett 3 has PPAs with investment-grade counterparties that have a 15-year weighted average contract duration that will commence when the project reaches commercial operations, which is expected to occur in the first half of 2023. The acquisition was funded with existing sources of liquidity. Waiawa Drop Down — On October 3, 2022, the Company, through its indirect subsidiary, Lighthouse Renewable Holdco LLC, acquired Waiawa BL Borrower Holdco LLC, the indirect owner of the Waiawa solar project, a 36 MW solar project with matching storage capacity located in Honolulu, Hawaii, from Clearway Renew LLC for cash consideration of $20 million. Lighthouse Renewable Holdco LLC is a partnership between the Company and a third-party investor. The third-party investor also contributed cash consideration of $12 million, which was utilized to acquire their portion of the acquired entity. Waiawa BL Borrower Holdco LLC consolidates, as the direct owner of the primary beneficiary, a tax equity fund, Waiawa TE Holdco LLC, which directly holds the Waiawa solar project, as further described in Note 5, Investments Accounted for by the Equity Method and Variable Interest Entities . Waiawa has a 20-year PPA with an investment-grade utility that commenced in January 2023. The Waiawa solar project is reflected in the Company’s Renewables segment and the acquisition was funded with existing sources of liquidity. The acquisition was determined to be an asset acquisition and the Company consolidates Waiawa on a prospective basis in its financial statements. The assets and liabilities transferred to the Company relate to interests under common control and were recorded at historical cost in accordance with ASC 805-50, Business Combinations - Related Issues . The sum of the cash paid of $20 million and the historical cost of the Company’s net liabilities assumed of $1 million was recorded as an adjustment to CEG’s contributed capital balance. In addition, the Company reflected $16 million of the Company’s purchase price, which was contributed back to the Company by CEG to pay down the acquired long-term debt, in the line item distributions to CEG, net of contributions, in the consolidated statement of members’ equity. The following is a summary of assets and liabilities transferred in connection with the acquisition as of October 3, 2022: (In millions) Waiawa Other current and non-current assets $ 7 Property, plant and equipment 118 Total assets acquired 125 Long-term debt (a) 102 Other current and non-current liabilities 24 Total liabilities assumed 126 Net liabilities assumed $ (1) (a) Includes a $22 million construction loan, $26 million sponsor equity bridge loan and $55 million tax equity bridge loan, offset by $1 million in unamortized debt issuance costs. The sponsor equity bridge loan was repaid at acquisition date, along with $2 million in associated fees, utilizing $12 million from the cash equity investor, as well as $16 million of the Company's purchase price, which was contributed back to the Company by CEG. Also at acquisition date, the tax equity investor contributed $17 million into escrow, which is included in restricted cash on the Company's consolidated balance sheet at December 31, 2022. The tax equity investor will contribute an additional $41 million when the project reaches substantial completion, which will be utilized, along with the $17 million in escrow, to repay the $55 million tax equity bridge loan. The project is expected to reach substantial completion in the first half of 2023. Capistrano Wind Portfolio Acquisition — On August 22, 2022, the Company, through its wholly-owned indirect subsidiary, Capistrano Portfolio Holdco LLC, acquired the Capistrano Wind Portfolio from Capistrano Wind Partners LLC, an indirect subsidiary of CEG, for a base purchase price of approximately $255 million, less working capital adjustments in the net amount of approximately $16 million, representing total net consideration of approximately $239 million. Concurrent with the acquisition, the Company also entered into a development agreement with Clearway Renew LLC, whereby Clearway Renew LLC paid $10 million to the Company at acquisition date for an exclusive right to develop, construct and repower the projects in the Capistrano Wind Portfolio, which was utilized to partially fund the acquisition of the Capistrano Wind Portfolio. The Capistrano Wind Portfolio consists of five wind projects located in Texas, Nebraska and Wyoming with a combined capacity of 413 MW that reached commercial operations between 2008 and 2012. The assets within the portfolio sell power under PPAs with investment-grade counterparties that have a weighted average remaining contract duration of approximately 9 years. The Capistrano Wind Portfolio operations are reflected in the Company’s Renewables segment and the acquisition was funded with existing sources of liquidity. The acquisition was determined to be an asset acquisition and the Company consolidates the Capistrano Wind Portfolio on a prospective basis in its financial statements. The assets and liabilities transferred to the Company relate to interests under common control and were transferred at historical cost in accordance with ASC 805-50, Business Combinations - Related Issues , which reflects GIP’s basis. The difference between the historical cost of the Company’s net assets acquired of $250 million, less the sum of the cash paid of $239 million and the $4 million in accumulated other comprehensive income transferred to the Company, was recorded as an adjustment to CEG’s contributed capital balance. The following is a summary of assets and liabilities transferred in connection with the acquisition as of August 22, 2022: (In millions) Capistrano Wind Portfolio Other current and non-current assets (a) $ 39 Property, plant and equipment, net 147 Intangible assets for power purchase agreements 237 Right-of-use-assets, net 27 Total assets acquired 450 Long-term debt 162 Long-term lease liabilities 28 Other current and non-current liabilities 10 Total liabilities assumed 200 Net assets acquired $ 250 (a) Includes cash of $12 million and restricted cash of $4 million. Mililani I Drop Down — On March 25, 2022, the Company, through its indirect subsidiary, Lighthouse Renewable Holdco LLC, acquired Mililani BL Borrower Holdco LLC, the indirect owner of the Mililani I solar project, a 39 MW solar project with matching storage capacity located in Honolulu, Hawaii, from Clearway Renew LLC for cash consideration of $22 million. Lighthouse Renewable Holdco LLC is a partnership between the Company and a third-party investor. The third-party investor also contributed cash consideration of $14 million utilized to acquire their portion of the acquired entity. Mililani BL Borrower Holdco LLC consolidates, as the direct owner of the primary beneficiary, a tax equity fund, Mililani TE Holdco LLC, which directly holds the Mililani I solar project, as further described in Note 5, Investments Accounted for by the Equity Method and Variable Interest Entities . Mililani I has a 20-year PPA with an investment-grade utility that commenced in July 2022. The Mililani I operations are reflected in the Company’s Renewables segment and the acquisition was funded with existing sources of liquidity. The acquisition was determined to be an asset acquisition and the Company consolidates Mililani I on a prospective basis in its financial statements. The assets and liabilities transferred to the Company relate to interests under common control and were recorded at historical cost in accordance with ASC 805-50, Business Combinations - Related Issues . The sum of the cash paid of $22 million and the historical cost of the Company’s net liabilities assumed of $8 million was recorded as an adjustment to CEG’s contributed capital balance. In addition, the Company reflected $15 million of the Company’s purchase price, which was contributed back to the Company by CEG to pay down the acquired long-term debt, in the line item distributions to CEG, net of contributions, in the consolidated statement of members’ equity. The following is a summary of assets and liabilities transferred in connection with the acquisition as of March 25, 2022: (In millions) Mililani I Other current and non-current assets $ 2 Property, plant and equipment 118 Right-of-use-assets 19 Total assets acquired 139 Long-term debt (a) 100 Long-term lease liabilities 20 Other current and non-current liabilities 27 Total liabilities assumed 147 Net liabilities assumed $ (8) (a) Includes a $16 million construction loan, $27 million sponsor equity bridge loan and $60 million tax equity bridge loan, offset by $3 million in unamortized debt issuance costs. The sponsor equity bridge loan was repaid at acquisition date, along with $2 million in associated fees, utilizing $14 million from the cash equity investor, as well as $15 million of the Company’s purchase price, which was contributed back to the Company by CEG. Also at acquisition date, the tax equity investor contributed $18 million into escrow, which was included in restricted cash on the Company’s consolidated balance sheet. On December 7, 2022, when the project reached substantial completion, the tax equity investor contributed an additional $42 million and CEG contributed an additional $11 million, which was utilized, along with the $18 million in escrow, to repay the $60 million tax equity bridge loan, to fund $7 million in construction completion reserves and to pay $4 million in associated fees. Black Rock Drop Down — On December 29, 2021, the Company, through its indirect subsidiary Lighthouse Renewable Holding Sub LLC, acquired the Class B membership interests in Black Rock Wind Holding LLC from Clearway Renew LLC for $60 million in cash consideration, $37 million of which was paid on December 29, 2021 with the remaining $23 million paid in February 2022 after all remaining turbines were operational. Lighthouse Renewable Holding Sub LLC is a wholly-owned subsidiary of Lighthouse Renewable Holdco LLC, which is a partnership between the Company and a third-party investor. The third-party investor also contributed cash consideration utilized to acquire their portion of the Class B membership interests. The Class A membership interests in Black Rock Wind Holding LLC were acquired by another third-party investor in 2020, which sold their interest back to the Company on March 31, 2022. Black Rock Wind Holding LLC, through its wholly-owned subsidiary, Black Rock Class B Holdco LLC, is the primary beneficiary and consolidates its interests in a tax equity fund, Black Rock TE Holdco LLC, that holds the Black Rock wind project, a 115 MW utility scale wind project located in Mineral County and Grant County, West Virginia, which achieved commercial operations in December 2021, as further described in Note 5, Investments Accounted for by the Equity Method and Variable Interest Entities . A majority of the project’s output is backed by contracts with investment-grade counterparties with a 15-year weighted average contract life. The Black Rock operations are reflected in the Company’s Renewables segment and the acquisition was funded with existing sources of liquidity. The acquisition was determined to be an asset acquisition and not a business combination, therefore the Company consolidated the financial information for Black Rock on a prospective basis. The assets and liabilities transferred to the Company relate to interests under common control and were recorded at historical cost in accordance with ASC 805-50, Business Combinations - Related Issues . The difference between the cash paid of $60 million and the historical cost of the Company’s acquired interests of $19 million was recorded as an adjustment to CEG’s contributed capital balance. In addition, the Company reflected additional contributions paid by CEG and the portion of the Company’s purchase price utilized to repay long-term debt, totaling $133 million, as contributions from CEG in the statement of members’ equity, and as an impact of the Black Rock Drop Down in noncontrolling interest. The following is a summary of assets and liabilities transferred in connection with the acquisition as of December 29, 2021: (In millions) Black Rock Current assets (a) $ 36 Property, plant and equipment 178 Right-of-use-assets 7 Other non-current assets 2 Total assets acquired 223 Long-term debt (b) 186 Long-term lease liabilities 7 Other current and non-current liabilities 11 Total liabilities assumed (c) 204 Net assets acquired $ 19 (a) Includes $35 million reserved for project completion costs included in restricted cash on the Company’s balance sheet at acquisition date, which is included within the $133 million contributed by CEG described above. (b) Repaid at acquisition date utilizing $56 million contributed by the tax equity investor, $36 million from the cash equity investor and $61 million contributed by CEG, all recorded as contributions in noncontrolling interest, as well as $37 million of the Company’s acquisition price. Of the $190 million contributed, $186 million was utilized to pay down the acquired debt and $4 million was utilized to pay associated fees. The $61 million contributed by CEG and the Company’s initial acquisition price of $37 million are also included within the $133 million contributed by CEG described above. (c) Total liabilities assumed excludes amounts due to CEG as of the acquisition date for the remaining turbines that became operational in January 2022. The liabilities totaled $83 million, of which $59 million was received from the tax equity and cash equity investors and was held in escrow accounts as of the acquisition date. Mesquite Sky Drop Down — On December 17, 2021, the Company, through its indirect subsidiary Lighthouse Renewable Holdco 2 LLC, acquired the Class B membership interests of Mesquite Sky Holding LLC from Clearway Renew LLC for $61 million in cash consideration. Lighthouse Renewable Holdco 2 LLC is a partnership between the Company and a third-party investor. The third-party investor also contributed cash consideration utilized to acquire their portion of the Class B membership interests. The Class A membership interests of Mesquite Sky Holding LLC were acquired by another third-party investor in 2020, which sold their interest back to the Company on March 18, 2022. Mesquite Sky Holding LLC, through its wholly-owned subsidiary, Mesquite Sky Class B Holdco LLC, is the primary beneficiary and consolidates its interests in a tax equity fund, Mesquite Sky TE Holdco LLC, that holds the Mesquite Sky wind project, a 340 MW utility scale wind project located in Callahan County, Texas, which achieved commercial operations in December 2021, as further described in Note 5, Investments Accounted for by the Equity Method and Variable Interest Entities . A majority of the project’s output is backed by contracts with investment-grade counterparties with a 12-year weighted average contract life. The Mesquite Sky operations are reflected in the Company’s Renewables segment and the acquisition was funded with existing sources of liquidity. The acquisition was determined to be an asset acquisition and not a business combination, therefore the Company consolidated the financial information for Mesquite Sky on a prospective basis. The assets and liabilities transferred to the Company relate to interests under common control and were recorded at historical cost in accordance with ASC 805-50, Business Combinations - Related Issues . The sum of the cash paid of $61 million and the historical cost of the Company’s net liabilities assumed of $7 million was recorded as an adjustment to CEG’s contributed capital balance. The difference between cash paid, interests acquired, and the balance in equity is capital reserved for project completion. In addition, the Company reflected additional contributions paid by CEG and the portion of the Company’s purchase price utilized to repay long-term debt, totaling $52 million, as contributions from CEG in the statement of members’ equity, and as an impact of the Mesquite Sky drop down in noncontrolling interest. The following is a summary of assets and liabilities transferred in connection with the acquisition as of December 17, 2021: (In millions) Mesquite Sky Current assets (a) $ 46 Property, plant and equipment 377 Right-of use assets 45 Other non-current assets 7 Total assets acquired 475 Long-term debt (b) 355 Long-term lease liabilities 45 Derivative liabilities 43 Other current and non-current liabilities 39 Total liabilities assumed (c) 482 Net liabilities assumed $ (7) (a) Includes $44 million reserved for project completion costs included in restricted cash on the Company’s balance sheet at acquisition date, which is included within the $52 million contributed by CEG described above. (b) Repaid at acquisition date utilizing $241 million contributed by the tax equity investor and $107 million contributed by the cash equity investor, both recorded as contributions in noncontrolling interest, as well as the Company’s $61 million acquisition price. Of the $409 million contributed, $355 million was utilized to pay down the acquired debt and $1 million was utilized to pay associated fees. The remaining $53 million was distributed to CEG for the acquisition. The net of the Company’s $61 million acquisition price and the distribution to CEG of $53 million are included within the $52 million contributed by CEG described above. (c) Total liabilities assumed excludes amounts due to CEG as of the acquisition date of $6 million, of which $5 million was received from the tax equity and cash equity investors and was held in escrow accounts as of the acquisition date. Utah Solar Portfolio Acquisition — On December 1, 2021, the Company acquired the remaining 50% equity interest in the Utah Solar Portfolio from Dominion Solar Projects III, Inc., for approximately $335 million before working capital and purchase price adjustments in the net amount of $5 million, representing total net consideration of $330 million. The Utah Solar Portfolio consists of seven utility-scale solar farms located in Utah, representing 530 MW of capacity. The assets within the portfolio sell power subject to 20-year PPAs with PacifiCorp that have approximately 15 years remaining under the agreements. Following the close of the transaction, the Company owns 100% of the membership interests in the Utah Solar Portfolio and consolidates the Utah Solar Portfolio. The Utah Solar Portfolio operations are included in the Company’s Renewables segment. The acquisition was determined to be an asset acquisition and the cash consideration of $330 million, net of restricted cash acquired of $8 million, represented a net cash outflow of $322 million, which was allocated to the fair value of the assets acquired and liabilities assumed on the acquisition date. The acquisition was funded with the borrowings under the Bridge Loan Agreement, as described in Note 10, Long-term Debt. The following is a summary of assets and liabilities transferred in connection with the acquisition as of December 1, 2021: (In millions) Utah Solar Portfolio Current assets $ 20 Property, plant and equipment 258 Intangible assets for power purchase agreement 302 Other intangible assets 4 Right-of use assets 163 Total assets acquired 747 Long-term lease liabilities 163 Other current and non-current liabilities 24 Total liabilities assumed 187 Equity method investment removed (230) Net assets acquired $ 330 Mt. Storm Wind Acquisition — On April 23, 2021, the Company acquired 100% of the equity interests in NedPower Mount Storm LLC, or Mt. Storm, from Castleton Commodities International for approximately $96 million before working capital and purchase price adjustments in the net amount of $4 million, representing a total net consideration of $100 million. Mt. Storm is a 264 MW wind project located in Grant County, West Virginia. Mt. Storm has a 10-year energy hedge with an investment-grade counterparty. The acquisition was determined to be an asset acquisition and the purchase price was allocated to the fair value of the assets acquired and liabilities assumed on the acquisition date as follows: (In millions) Mt. Storm Current assets $ 3 Property, plant and equipment 108 Other non-current assets 2 Total assets acquired 113 Derivative instruments 9 Other current and non-current liabilities 4 Total liabilities assumed 13 Net assets acquired $ 100 Agua Caliente Acquisition — On February 3, 2021, the Company acquired an additional 35% equity interest in the Agua Caliente solar project from NRG for $202 million. Agua Caliente is a 290 MW solar project located in Dateland, Arizona in which Clearway previously owned a 16% equity interest. The project has a 25-year PPA with PG&E, with approximately 17 years remaining under the agreement. Following the close of the transaction, the Company owns a 51% equity interest in Agua Caliente. The Agua Caliente operations are included in the Company’s Renewables segment. The acquisition was determined to be an asset acquisition and the cash consideration of $202 million, net of restricted cash acquired of $91 million, represented a net cash outflow of $111 million, which was allocated to the fair value of the assets acquired and liabilities assumed on the acquisition date. A third-party investor holds the remaining 49% equity interest in Agua Caliente, which is reflected in noncontrolling interest at fair value at the acquisition date. The following is a summary of assets and liabilities obtained in connection with the acquisition as of February 3, 2021: (In millions) Agua Caliente Restricted cash $ 91 Property, plant and equipment 154 Intangible asset for power purchase agreement 1,022 Other current assets 9 Total assets acquired 1,276 Long-term debt 716 Other current and non-current liabilities 5 Total liabilities assumed 721 Noncontrolling interest 273 Equity method investment removed (80) Net assets acquired less noncontrolling interest $ 202 Rattlesnake Drop Down — On January 12, 2021, the Company acquired CEG’s equity interest and a third-party investor’s minority interest in CWSP Rattlesnake Holding, LLC for $132 million in cash consideration. CWSP Rattlesnake Holding LLC indirectly consolidates the Rattlesnake wind project, a 160 MW wind facility with 144 MW of deliverable capacity in Adams County, Washington, as further described in Note 5, Investments Accounted for by the Equity Method and Variable Interest Entities. The project has a 20-year PPA with Avista Corporation, which began when the facility reached commercial operations in December 2020. The Rattlesnake operations are included in the Company’s Renewables segment. The acquisition was determined to be an asset acquisition and not a business combination, therefore, the Company consolidated the financial information for Rattlesnake on a prospective basis. The assets and liabilities transferred to the Company relate to interests under common control and were recorded at historical cost in accordance with ASC 805-50, Business Combinations - Related Issues . The difference between the cash paid of $132 million and the historical cost of the Company’s acquired interests of $14 million was recorded as an adjustment to CEG’s contributed capital balance. The following is a summary of assets and liabilities transferred in connection with the acquisition as of January 12, 2021: (In millions) Rattlesnake Current assets $ 8 Property, plant and equipment 200 Right-of-use assets 12 Total assets acquired 220 Long-term debt (a) 176 Long-term lease liabilities 12 Other current and non-current liabilities 18 Total liabilities assumed 206 Net assets acquired $ 14 (a) Repaid at acquisition date utilizing $107 million contributed by tax equity investor and $103 million contributed by CEG, both recorded as contributions in noncontrolling interest. Of the $210 million contributed, $176 million was utilized to pay down the acquired debt, $29 million was utilized to fund project reserve accounts and $5 million was utilized to pay associated fees. Dispositions Kawailoa Sale — On August 1, 2022, the Company sold 100% of its Class A membership interests in the Kawailoa Partnership to Clearway Renew LLC for cash proceeds of $9 million, which equals the Company’s initial investment. The Kawailoa Partnership is a partnership that consolidates, through its 51% controlling majority interest, a lower-level partnership that is 49% owned by a third-party investor, and which consolidates the Kawailoa solar project through its ownership of a controlling interest in the tax equity fund that holds the project, as further described in Note 5, Investments Accounted for by the Equity Method and Variable Interest Entities . The assets and liabilities transferred to Clearway Renew LLC relate to interests under common control and were transferred at historical cost in accordance with ASC 805-50, Business Combinations - Related Issues . This resulted in the Company removing $69 million from members’ equity, inclusive of the noncontrolling interest related to the Kawailoa Partnership at the time of sale. Noncontrolling interests prior to the sale include the interests of the third-party investor, tax equity investor and Clearway Renew LLC. Thermal Disposition — On May 1, 2022, the Company completed the sale of 100% of its interests in the Thermal Business to KKR for net proceeds of approximately $1.46 billion, inclusive of working capital adjustments, which excludes approximately $18 million in transaction expenses that were incurred in connection with the disposition. The Thermal Disposition resulted in a gain on sale of business of approximately $1.29 billion, which is net of the $18 million in transaction expenses referenced above. The proceeds from the sale were utilized to repay certain borrowings outstanding as further described in Note 10, Long-term Debt , with the remaining proceeds invested in short-term investments classified as cash and cash equivalents on the Company’s consolidated balance sheet as of September 30, 2022. Effective with the approval by the Board of Directors and signing of the agreement to sell the Thermal Business on October 22, 2021, the Company concluded that all entities that are included within the Thermal Business would be treated as held for sale on a prospective basis, thus the assets and liabilities were reported as separate held for sale line items on the Company’s consolidated balance sheet as of December 31, 2021. As of December 31, 2021, property, plant and equipment represented 78% and intangible assets represented 9% of assets classified as held for sale while long-term debt represented 85% of liabilities classified as held for sale. The Company’s Thermal segment is comprised solely of the Thermal Business's results of operations.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Property, Plant and Equipment The Company’s major classes of property, plant, and equipment were as follows: December 31, 2022 December 31, 2021 Depreciable Lives (In millions) Facilities and equipment $ 9,992 $ 9,747 3 - 40 Years Land and improvements 293 320 Construction in progress (a) 160 84 Total property, plant and equipment 10,445 10,151 Accumulated depreciation (3,024) (2,501) Net property, plant and equipment $ 7,421 $ 7,650 (a) As of December 31, 2022 and 2021, construction in progress includes $17 million and $15 million, respectively, of capital expenditures that relate to prepaid long-term service agreements in the Conventional segment. Depreciation expense related to property, plant and equipment during the years ended December 31, 2022, 2021 and 2020 was $502 million, $499 million and $420 million, respectively. The Company accelerated depreciation of the Pinnacle wind project in connection with the repowering project, which resulted in additional depreciation expense in the amount of $34 million in 2021. The Company recorded long-lived asset impairments during each of the years ended December 31, 2022 and December 31, 2021, as further described in Note 9, Asset Impairments.

Investments Accounted for by th

Investments Accounted for by the Equity Method and Variable Interest Entities	12 Months Ended
	Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Investments Accounted for by the Equity Method and Variable Interest Entities	Investments Accounted for by the Equity Method and Variable Interest Entities Equity Method Investments The Company’s maximum exposure to loss as of December 31, 2022 is limited to its equity investment in the unconsolidated entities, as further summarized in the table below: Name Economic Interest Investment Balance (In millions) Avenal 50% $ 9 Desert Sunlight 25% 235 Elkhorn Ridge 66.7% 22 GenConn (a) 50% 82 San Juan Mesa 75% 16 $ 364 (a) GenConn is a variable interest entity. As of December 31, 2022 and 2021, the Company had $19 million and $14 million, respectively, of undistributed earnings from its equity method investments. The Company acquired its interest in Desert Sunlight on June 30, 2015, for $285 million, which resulted in a difference between the purchase price and the basis of the acquired assets and liabilities of $181 million. The difference is attributable to the fair value of the property, plant and equipment and power purchase agreements. The Company is amortizing the related basis differences to equity in earnings of unconsolidated subsidiaries over the related useful life of the underlying assets acquired. As of December 31, 2022, the carrying value of the basis difference is $129 million. The Company’s pro-rata share of non-recourse debt held by unconsolidated affiliates was $325 million as of December 31, 2022. The following tables present summarized financial information for the Company’s equity method investments: Year Ended December 31, 2022 2021 2020 Income Statement Data: (In millions) GenConn Operating revenues $ 50 $ 55 $ 60 Operating income 16 22 26 Net income 7 13 17 Desert Sunlight Operating revenues 203 205 209 Operating income 137 146 142 Net income 114 112 88 Other (a) (b) Operating revenues 52 49 299 Operating income 18 16 138 Net income 15 13 60 As of December 31, 2022 2021 Balance Sheet Data: (In millions) GenConn Current assets $ 39 $ 38 Non-current assets 312 328 Current liabilities 16 15 Non-current liabilities 170 178 Desert Sunlight Current assets 79 131 Non-current assets 1,175 1,228 Current liabilities 61 64 Non-current liabilities 824 904 Other (a) Current assets 22 26 Non-current assets 157 172 Current liabilities 12 24 Non-current liabilities 91 98 (a) Includes Avenal, Elkhorn Ridge, San Juan Mesa, DGPV Holdco 1, DGPV Holdco 2 and DGPV Holdco 3. DGPV Holdco 1, DGPV Holdco 2 and DGPV Holdco 3 were consolidated by the Company during 2020 and are therefore only included in the summarized income statement data for the year ended December 31, 2020. (b) On February 3, 2021, the Company acquired an additional 35% equity interest in Agua Caliente and removed its equity investment in Agua Caliente and, on December 1, 2021, the Company acquired the remaining 50% equity investment in the Utah Solar Portfolio and removed its equity investment in the Utah Solar Portfolio. As a result, both Agua Caliente and the Utah Solar Portfolio are excluded from the summarized income statement data for the years ended December 31, 2022 and December 31, 2021. Variable Interest Entities, or VIEs Entities that are Consolidated The Company has a controlling financial interest in certain entities which have been identified as VIEs under ASC 810, Consolidations . These arrangements are primarily related to tax equity arrangements entered into with third parties in order to monetize certain tax credits associated with wind and solar facilities. The Company also has a controlling financial interest in certain partnership arrangements with third-party investors, which also have been identified as VIEs. Under the Company’s arrangements that have been identified as VIEs, the third-party investors are allocated earnings, tax attributes and distributable cash in accordance with the respective limited liability company agreements. Many of these arrangements also provide a mechanism to facilitate achievement of the investor’s specified return by providing incremental cash distributions to the investor at a specified date if the specified return has not yet been achieved. The following is a summary of significant activity during 2022 related to the Company’s consolidated VIEs: Lighthouse Renewable Holdco LLC — The Company, through its indirect, wholly-owned subsidiary, Lighthouse Renewable Class A LLC, holds the Class A membership interests of Lighthouse Renewable Holdco LLC, while a third-party investor holds the Class B membership interests. The Company consolidates Lighthouse Renewable Holdco LLC, which is a VIE, as the Company is the primary beneficiary, through its role as managing member. In addition, Lighthouse Renewable Holdco LLC indirectly holds the Class B membership interests in several tax equity funds, including Mesquite Star Tax Equity Holdco LLC, Black Rock TE Holdco LLC, Mililani TE Holdco LLC and Waiawa TE Holdco LLC, as further described below. As described in Note 3, Acquisitions and Dispositions , on March 25, 2022, Lighthouse Renewable Holdco LLC acquired Mililani BL Borrower Holdco LLC, the indirect owner of the Class B membership interests of a tax equity fund, Mililani TE Holdco LLC, that holds the Mililani I solar project. Mililani BL Borrower Holdco LLC consolidates Mililani TE Holdco LLC, which is a VIE, as it is the primary beneficiary through its role as managing member. The Class A membership interests are held by a tax equity investor and are reflected as noncontrolling interest on the Company’s consolidated balance sheet. The third-party investor in Lighthouse Renewable Holdco LLC also acquired and contributed an interest in Mililani BL Borrower Holdco LLC to Lighthouse Renewable Holdco LLC. The Company recorded the related noncontrolling interest at historical carrying amount, with the offset to contributed capital. As described in Note 3, Acquisitions and Dispositions , on October 3, 2022, Lighthouse Renewable Holdco LLC acquired Waiawa BL Borrower Holdco LLC, the indirect owner of the Class B membership interests of a tax equity fund, Waiawa TE Holdco LLC, that holds the Waiawa solar project. Waiawa BL Borrower Holdco LLC consolidates Waiawa TE Holdco LLC, which is a VIE, as it is the primary beneficiary through its role as managing member. The Class A membership interests are held by a tax equity investor and are reflected as noncontrolling interest on the Company’s consolidated balance sheet. The third-party investor in Lighthouse Renewable Holdco LLC also acquired and contributed an interest in Waiawa BL Borrower Holdco LLC to Lighthouse Renewable Holdco LLC. The Company recorded the related noncontrolling interest at historical carrying amount, with the offset to contributed capital. Kawailoa Partnership — As described in Note 3 , Acquisitions and Dispositions , on August 1, 2022, the Company sold 100% of its Class A membership interests in Kawailoa Solar Partnership LLC, or the Kawailoa Partnership, to Clearway Renew LLC. Prior to the sale, the Kawailoa Partnership owned 51% of the Kawailoa solar project, with the remaining 49% owned by a third-party investor. The Kawailoa Partnership consolidated the Kawailoa solar project through its ownership of the Class B membership interests and role as managing member in Kawailoa Solar Holdings LLC, a tax equity fund, which owns the Kawailoa solar project. The Class A membership interests in Kawailoa Solar Holdings LLC are held by a tax equity investor and were reflected as noncontrolling interest on the Company’s consolidated balance sheet. The Company, as the Class A member, was the primary beneficiary through its role as managing member and consolidated the Kawailoa Partnership. Summarized financial information for the Company’s consolidated VIEs consisted of the following as of December 31, 2022: (In millions) Alta TE Holdco Buckthorn Holdings, LLC DGPV Funds (a) Langford TE Partnership LLC Lighthouse Renewable Holdco LLC (b) Lighthouse Renewable Holdco 2 LLC (c) Other current and non-current assets $ 51 $ 2 $ 75 $ 13 $ 134 $ 49 Property, plant and equipment 306 194 493 123 828 358 Intangible assets 200 — 14 2 — — Total assets 557 196 582 138 962 407 Current and non-current liabilities 38 11 66 53 364 134 Total liabilities 38 11 66 53 364 134 Noncontrolling interest 39 29 13 59 487 230 Net assets less noncontrolling interests $ 480 $ 156 $ 503 $ 26 $ 111 $ 43 (a) DGPV Funds is comprised of Clearway & EFS Distributed Solar LLC, DGPV Fund 4 LLC, Golden Puma Fund LLC, Renew Solar CS4 Fund LLC and Chestnut Fund LLC, which are all tax equity funds. (b) Lighthouse Renewable Holdco LLC consolidates Mesquite Star Tax Equity Holdco LLC, Black Rock TE Holdco LLC, Mililani TE Holdco LLC and Waiawa TE Holdco LLC, which are consolidated VIEs. (c) Lighthouse Renewable Holdco 2 LLC consolidates Mesquite Sky TE Holdco LLC, which is a consolidated VIE. (In millions) Oahu Solar LLC Pinnacle Repowering TE Holdco Rattlesnake TE Holdco LLC Rosie TargetCo LLC Wildorado TE Holdco Other (a) Other current and non-current assets $ 39 $ 9 $ 13 $ 43 $ 20 $ 15 Property, plant and equipment 164 102 185 238 209 154 Intangible assets — 16 — — — 1 Total assets 203 127 198 281 229 170 Current and non-current liabilities 22 5 17 101 18 69 Total liabilities 22 5 17 101 18 69 Noncontrolling interest 26 43 91 133 110 70 Net assets less noncontrolling interests $ 155 $ 79 $ 90 $ 47 $ 101 $ 31 (a) Other is comprised of Elbow Creek TE Holdco and Spring Canyon TE Holdco projects.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair Value Accounting under ASC 820 ASC 820 establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three levels as follows: • Level 1—quoted prices (unadjusted) in active markets for identical assets or liabilities that the Company has the ability to access as of the measurement date. • Level 2—inputs other than quoted prices included within Level 1 that are directly observable for the asset or liability or indirectly observable through corroboration with observable market data. • Level 3—unobservable inputs for the asset or liability only used when there is little, if any, market activity for the asset or liability at the measurement date. In accordance with ASC 820, the Company determines the level in the fair value hierarchy within which each fair value measurement in its entirety falls, based on the lowest level input that is significant to the fair value measurement. For cash and cash equivalents, restricted cash, accounts receivable — trade, accounts payable — trade, accounts payable — affiliates and accrued expenses and other current liabilities, the carrying amounts approximates fair value because of the short-term maturity of those instruments and are classified as Level 1 within the fair value hierarchy. The carrying amounts and estimated fair values of the Company’s recorded financial instruments not carried at fair market value or that do not approximate fair value are as follows: As of December 31, 2022 As of December 31, 2021 Carrying Amount Fair Value Carrying Amount Fair Value (In millions) Liabilities: Long-term debt, including current portion — affiliate $ 2 $ 2 $ 1 $ 1 Long-term debt, including current portion — external (a) 6,874 6,288 7,782 7,997 (a) Excludes net debt issuance costs, which are recorded as a reduction to long-term debt on the Company’s consolidated balance sheets. The fair value of the Company’s publicly-traded long-term debt is based on quoted market prices and is classified as Level 2 within the fair value hierarchy. The fair value of debt securities, non-publicly traded long-term debt and certain notes receivable of the Company are based on expected future cash flows discounted at market interest rates, or current interest rates for similar instruments with equivalent credit quality and are classified as Level 3 within the fair value hierarchy. The following table presents the level within the fair value hierarchy for long-term debt, including current portion as of December 31, 2022 and 2021: As of December 31, 2022 As of December 31, 2021 Level 2 Level 3 Level 2 Level 3 (In millions) Long-term debt, including current portion $ 1,836 $ 4,454 $ 2,160 $ 5,838 Recurring Fair Value Measurements The Company records its derivative assets and liabilities at fair market value on its consolidated balance sheets. The following table presents assets and liabilities measured and recorded at fair value on the Company’s consolidated balance sheets on a recurring basis and their level within the fair value hierarchy: As of December 31, 2022 As of December 31, 2021 Fair Value Fair Value (a) Fair Value Fair Value (a) (In millions) Level 2 (b) Level 3 Level 2 Level 3 Derivative assets Interest rate contracts $ 89 $ — $ 6 $ — Other financial instruments (c) — 17 — 25 Total assets $ 89 $ 17 $ 6 $ 25 Derivative liabilities Commodity contracts $ — $ 353 $ — $ 179 Interest rate contracts — — 63 — Total liabilities $ — $ 353 $ 63 $ 179 (a) There were no derivative assets classified as Level 1 or Level 3 and no liabilities classified as Level 1 as of December 31, 2022 and December 31, 2021. (b) The Company’s interest rate swaps are measured at fair value using an income approach, which use readily observable inputs, such as forward interest rates (e.g., LIBOR and SOFR) and contractual terms to estimate fair value. (c) Includes SREC contract. The following table reconciles the beginning and ending balances for instruments that are recognized at fair value in the consolidated financial statements using significant unobservable inputs: Year ended December 31, 2022 2021 (In millions) Fair Value Measurement Using Significant Unobservable Inputs (Level 3) Beginning balance $ (154) $ (15) Settlements 61 60 Contracts acquired — (52) Additions due to loss of NPNS exception (22) — Total losses for the period included in earnings (221) (147) Ending balance $ (336) $ (154) Change in unrealized losses included in earnings for derivatives and other financial instruments held as of December 31, $ (221) $ (147) Derivative and Financial Instruments Fair Value Measurements The Company’s contracts are non-exchange-traded and valued using prices provided by external sources. The Company uses quoted observable forward prices to value its energy contracts. To the extent that observable forward prices are not available, the quoted prices reflect the average of the forward prices from the prior year, adjusted for inflation. As of December 31, 2022, contracts valued with prices provided by models and other valuation techniques make up 100% of derivative liabilities and 100% of other financial instruments. The Company’s significant positions classified as Level 3 include physical commodity contracts executed in illiquid markets. The significant unobservable inputs used in developing fair value include illiquid power tenors and location pricing, which is derived by extrapolating pricing as a basis to liquid locations. The tenor pricing and basis spread are based on observable market data when available or derived from historic prices and forward market prices from similar observable markets when not available. The following table quantifies the significant unobservable inputs used in developing the fair value of the Company’s Level 3 positions as of December 31, 2022: December 31, 2022 Fair Value Input/Range Assets Liabilities Valuation Technique Significant Unobservable Input Low High Weighted Average (In millions) Commodity Contracts $ — $ (353) Discounted Cash Flow Forward Market Price (per MWh) $ 21.25 $ 100.66 $ 41.09 Other Financial Instruments 17 — Discounted Cash Flow Forecast annual generation levels of certain DG solar facilities 58,539 MWh 117,078 MWh 112,897 MWh The following table provides the impact on the fair value measurements to increases/(decreases) in significant unobservable inputs as of December 31, 2022: Significant Observable Input Position Change In Input Impact on Fair Value Measurement Forward Market Price Power Buy Increase/(Decrease) Higher/(Lower) Forward Market Price Power Sell Increase/(Decrease) Lower/(Higher) Forecast Generation Levels Sell Increase/(Decrease) Higher/(Lower) The fair value of each contract is discounted using a risk-free interest rate. In addition, a credit reserve is applied to reflect credit risk, which is, for interest rate swaps, calculated based on credit default swaps using the bilateral method. For commodities, to the extent that the Net Exposure under a specific master agreement is an asset, the Company uses the counterparty’s default swap rate. If the Net Exposure under a specific master agreement is a liability, the Company uses a proxy of its own default swap rate. For interest rate swaps and commodities, the credit reserve is added to the discounted fair value to reflect the exit price that a market participant would be willing to receive to assume the liabilities or that a market participant would be willing to pay for the assets. As of December 31, 2022, the non-performance reserve was a $40 million gain recorded primarily to total operating revenues in the consolidated statement of income. It is possible that future market prices could vary from those used in recording assets and liabilities and such variations could be material. Concentration of Credit Risk In addition to the credit risk discussion as disclosed in Note 2, Summary of Significant Accounting Policies , the following item is a discussion of the concentration of credit risk for the Company’s financial instruments. Credit risk relates to the risk of loss resulting from non-performance or non-payment by counterparties pursuant to the terms of their contractual obligations. The Company monitors and manages credit risk through credit policies that include: (i) an established credit approval process; (ii) monitoring of counterparties’ credit limits on as needed basis; (iii) as applicable, the use of credit mitigation measures such as margin, collateral, prepayment arrangements, or volumetric limits; (iv) the use of payment netting agreements; and (v) the use of master netting agreements that allow for the netting of positive and negative exposures of various contracts associated with a single counterparty. Risks surrounding counterparty performance and credit could ultimately impact the amount and timing of expected cash flows. The Company seeks to mitigate counterparty risk by having a diversified portfolio of counterparties.

Accounting for Derivative Instr

Accounting for Derivative Instruments and Hedging Activities	12 Months Ended
	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Accounting for Derivative Instruments and Hedging Activities	Accounting for Derivative Instruments and Hedging Activities ASC 815 requires the Company to recognize all derivative instruments on the balance sheet as either assets or liabilities and to measure them at fair value each reporting period unless they qualify for a NPNS exception. The Company may elect to designate certain derivatives as cash flow hedges, if certain conditions are met, and defer the change in fair value of the derivatives to accumulated OCI/OCL, until the hedged transactions occur and are recognized in earnings. For derivatives that are not designated as cash flow hedges or do not qualify for hedge accounting treatment, the changes in the fair value will be immediately recognized in earnings. Certain derivative instruments may qualify for the NPNS exception and are therefore exempt from fair value accounting treatment. ASC 815 applies to the Company’s energy related commodity contracts and interest rate swaps. Interest Rate Swaps The Company enters into interest rate swap agreements in order to hedge the variability of expected future cash interest payments. As of December 31, 2022, the Company had interest rate derivative instruments on non-recourse debt extending through 2031, a portion of which were designated as cash flow hedges. Under the interest rate swap agreements, the Company pays a fixed rate and the counterparties to the agreements pay a variable interest rate. Energy Related Commodities As of December 31, 2022, the Company had energy-related derivative instruments extending through 2033. At December 31, 2022, these contracts were not designated as cash flow or fair value hedges. Volumetric Underlying Derivative Transactions The following table summarizes the net notional volume buy/(sell) of the Company’s open derivative transactions broken out by commodity as of December 31, 2022 and 2021: Total Volume December 31, 2022 December 31, 2021 Commodity Units (In millions) Natural Gas MMBtu — 2 Power MWh (18) (17) Interest Dollars $ 1,084 $ 1,326 Fair Value of Derivative Instruments The following table summarizes the fair value within the derivative instrument valuation on the consolidated balance sheets: Fair Value Derivative Assets Derivative Liabilities December 31, 2022 December 31, 2021 December 31, 2022 December 31, 2021 (In millions) Derivatives Designated as Cash Flow Hedges: Interest rate contracts current $ 7 $ — $ — $ 5 Interest rate contracts long-term 18 2 — 3 Total Derivatives Designated as Cash Flow Hedges $ 25 $ 2 $ — $ 8 Derivatives Not Designated as Cash Flow Hedges: Interest rate contracts current $ 19 $ — $ — $ 17 Interest rate contracts long-term 45 4 — 38 Commodity contracts current — — 50 24 Commodity contracts long-term — — 303 155 Total Derivatives Not Designated as Cash Flow Hedges $ 64 $ 4 $ 353 $ 234 Total Derivatives $ 89 $ 6 $ 353 $ 242 The Company has elected to present derivative assets and liabilities on the balance sheet on a trade-by-trade basis and does not offset amounts at the counterparty level. As of December 31, 2022 and 2021, the amount of outstanding collateral paid or received was immaterial. The following tables summarize the offsetting of derivatives by counterparty: Gross Amounts Not Offset in the Statement of Financial Position As of December 31, 2022 Gross Amounts of Recognized Assets/Liabilities Derivative Instruments Net Amount Commodity contracts (In millions) Derivative liabilities $ (353) $ — $ (353) Total commodity contracts $ (353) $ — $ (353) Interest rate contracts Derivative assets $ 89 $ — $ 89 Total interest rate contracts $ 89 $ — $ 89 Total derivative instruments $ (264) $ — $ (264) Gross Amounts Not Offset in the Statement of Financial Position As of December 31, 2021 Gross Amounts of Recognized Assets/Liabilities Derivative Instruments Net Amount Commodity contracts (In millions) Derivative liabilities $ (179) $ — $ (179) Total commodity contracts $ (179) $ — $ (179) Interest rate contracts Derivative assets $ 6 $ (5) $ 1 Derivative liabilities (63) 5 (58) Total interest rate contracts $ (57) $ — $ (57) Total derivative instruments $ (236) $ — $ (236) Accumulated Other Comprehensive Income (Loss) The following table summarizes the effects on the Company’s accumulated OCI (OCL) balance attributable to interest rate swaps designated as cash flow hedge derivatives: Year ended December 31, 2022 2021 2020 (In millions) Accumulated OCI (OCL) beginning balance $ (13) $ (35) $ (37) Reclassified from accumulated OCI/OCL to income due to realization of previously deferred amounts 5 11 11 Capistrano Wind Portfolio Acquisition 7 — — Mark-to-market of cash flow hedge accounting contracts 28 11 (9) Accumulated OCI (OCL) ending balance $ 27 $ (13) $ (35) Accumulated OCI (OCL) attributable to noncontrolling interests 6 — (2) Accumulated OCI (OCL) attributable to Clearway Energy LLC $ 21 $ (13) $ (33) Income expected to be realized from OCI during the next 12 months $ 5 Amounts reclassified from accumulated OCI/OCL into income are recorded to interest expense. Impact of Derivative Instruments on the Consolidated Statements of Income Mark-to-market gains/(losses) related to the Company’s derivatives are recorded in the consolidated statements of income as follows: Year ended December 31, 2022 2021 2020 (In millions) Interest Rate Contracts (Interest expense) $ 100 $ 53 $ (38) Commodity Contracts (Operating revenue) (a) (174) (83) (4) (a) Relates to long-term commodity contracts at Elbow Creek, Mesquite Star, Mt. Storm, Langford and Mesquite Sky. During the year ended December 31, 2022, the commodity contract for Langford, which previously met the NPNS exception, no longer qualified for NPNS treatment and, accordingly, is accounted for as a derivative and marked to fair value through operating revenues. Prior to the Thermal Disposition, which is further described in Note 3, Acquisitions and Dispositions , a portion of the Company’s derivative commodity contracts were related to its Thermal Business for the purchase of fuel/electricity commodities based on the forecasted usage of the thermal district energy centers. Realized gains and losses on these contracts were reflected in the fuel costs that were permitted to be billed to customers through the related customer contracts or tariffs and, accordingly, no gains or losses were reflected in the consolidated statements of income for these contracts through the period that the Company owned the Thermal Business. See Note 6, Fair Value of Financial Instruments

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible Assets Intangible Assets — The Company’s intangible assets as of December 31, 2022 and 2021 primarily reflect intangible assets established from its business acquisitions and are comprised of the following: • PPAs — Established predominantly with the acquisitions of the Alta Wind Portfolio, Walnut Creek, Tapestry, Laredo Ridge, Carlsbad Energy Center, Agua Caliente, the Utah Solar Portfolio, and the Capistrano Wind Portfolio. These represent the fair value of the PPAs acquired. These are amortized on a straight-line basis, over the term of the PPA. • Leasehold Rights — Established with the acquisition of the Alta Wind Portfolio, this represents the fair value of contractual rights to receive royalty payments equal to a percentage of PPA revenue from certain projects. These are amortized as a reduction to operating revenue on a straight-line basis over the term of the PPAs. • Customer relationships — Established with the acquisition of Energy Center Omaha and Energy Center Phoenix, these intangibles were included in the Thermal Business and were classified as held for sale at December 31, 2021. The Thermal Business was sold on May 1, 2022. • Customer contracts — Established with the acquisition of Energy Center Phoenix, these intangibles were included in the Thermal Business and were classified as held for sale at December 31, 2021. The Thermal Business was sold on May 1, 2022. • Emission Allowances — These intangibles primarily consist of SO 2 and NO x emission allowances established with the El Segundo, Walnut Creek and Carlsbad Energy Center acquisitions. These emission allowances are held-for-use and are amortized to cost of operations, with NO x allowances amortized on a straight-line basis and SO 2 allowances amortized based on units of production. • Other — Consists of a) the acquisition date fair value of the contractual rights to a ground lease for South Trent and to utilize certain interconnection facilities for Blythe as well as land rights acquired in connection with the acquisition of Elbow Creek and Langford Wind; b) development rights related to certain solar business acquisitions; c) RECs acquired in connection with the acquisition of the Utah Solar Portfolio; and d) favorable land leases acquired in connection with the acquisition of the Utah Star Portfolio. The following tables summarize the components of intangible assets subject to amortization: Year ended December 31, 2022 PPAs Leasehold Rights Emission Allowances Other Total (In millions) January 1, 2022 $ 2,985 $ 86 $ 17 $ 16 $ 3,104 Acquisitions (a) 336 — — — 336 Other — — — 2 2 December 31, 2022 3,321 86 17 18 3,442 Less accumulated amortization (833) (34) (4) (6) (877) Net carrying amount $ 2,488 $ 52 $ 13 $ 12 $ 2,565 ( a) The weighted average life of acquired intangibles was 10 years for PPAs. Year ended December 31, 2021 PPAs Leasehold Rights Customer Relationships Customer Contracts Emission Other Total (In millions) January 1, 2021 $ 1,661 $ 86 $ 66 $ 15 $ 17 $ 12 $ 1,857 Acquisitions (a) 1,324 — — — — 4 1,328 Reclassified to held for sale (b) — — (66) (15) — — (81) December 31, 2021 2,985 86 — — 17 16 3,104 Less accumulated amortization (566) (30) — — (3) (6) (605) Net carrying amount $ 2,419 $ 56 $ — $ — $ 14 $ 10 $ 2,499 (a) The weighted average life of acquired intangibles was 17 years for PPAs, 15 years for RECs and 15 years for favorable leases. (b) Thermal Business intangible assets were classified as held for sale at December 31, 2021, and the Thermal Business was subsequently sold on May 1, 2022. The Company recorded amortization expense of $174 million during the year ended December 31, 2022, $143 million for the year ended December 31, 2021 and $91 million for the year ended December 31, 2020. Of these amounts, $168 million for the year ended December 31, 2022, $135 million for the year ended December 31, 2021 and $88 million for the year ended December 31, 2020, were related to the amortization of intangible assets for power purchase agreements and were recorded to contract amortization expense, which reduced operating revenues in the consolidated statements of income. The Company estimates the future amortization expense for its intangibles for the next five years as follows: (In millions) 2023 $ 182 2024 180 2025 180 2026 180 2027 180

Asset Impairments

Asset Impairments	12 Months Ended
	Dec. 31, 2022
Asset Impairments [Abstract]
Asset Impairments	Asset Impairments 2022 Impairment Losses During the fourth quarter of 2022, in preparation and review of its annual budget, the Company updated its long-term estimates of operating and capital expenditures and revised its assessment of long-term merchant power prices, which was primarily informed by present conditions and did not contemplate future policy changes, which could impact renewable energy power prices. The impairment analysis reviews certain qualitative factors as well as the results of long-term operating expectations and its carrying value to determine if impairment indicators are present. The impairment analysis indicated that the projected future cash flows for certain projects within the Renewables segment no longer supported the recoverability of the carrying value of the related long-lived assets. As such, the Company recorded an impairment loss of $16 million, which primarily related to property, plant, and equipment to reflect the assets at fair market value. The fair value of the facilities was determined using an income approach by applying a discounted cash flow methodology to the updated long-term budgets for each respective plant. The income approach included key inputs such as forecasted merchant power prices, operations and maintenance expense, and discount rates. The resulting fair value is a Level 3 fair value measurement. 2021 Impairment Losses The impairment analysis indicated that the projected future cash flows for several wind projects within the Renewables segment no longer supported the recoverability of the carrying value of the related long-lived assets. As such, the Company recorded an impairment loss of $6 million, which primarily related to property, plant, and equipment to reflect the assets at fair market value. The fair value of the facilities was determined using an income approach by applying a discounted cash flow methodology to the updated long-term budgets for each respective plant. The income approach included key inputs such as forecasted merchant power prices, operations and maintenance expense, and discount rates. The resulting fair value is a Level 3 fair value measurement. 2020 Impairment Losses The impairment analysis indicated that the projected future cash flows for several wind projects within the Renewables segment no longer supported the recoverability of the carrying value of the related long-lived assets. As such, the Company recorded an impairment loss of $24 million, which primarily related to property, plant, and equipment to reflect the assets at fair market value. The fair value of the facilities was determined using an income approach by applying a discounted cash flow methodology to the updated long-term budgets for each respective plant. The income approach included key inputs such as forecasted merchant power prices, operations and maintenance expense, and discount rates. The resulting fair value is a Level 3 fair value measurement. Additionally, during the fourth quarter of 2020, as the Company updated its estimated cash flows in connection with the preparation and review of the Company’s annual budget, the Company determined that there was a significant decrease in the estimated future cash flows for its equity method investment in San Juan Mesa, a facility in the Renewables segment located in Elida, New Mexico. The decrease in the forecasted cash flows which was primarily driven by a decline in forecasted revenue in future merchant periods, was significant enough to be considered an indication of a decline in value of the investment that was not temporary. The Company concluded there was an other-than-temporary impairment of its investment and recorded an impairment loss of $8 million to reflect the investment at fair market value. The resulting fair value is a Level 3 fair value measurement.

Long-term Debt

Long-term Debt	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Long-term Debt	Long-term Debt The Company’s borrowings, including short-term and long-term portions consisted of the following: December 31, 2022 December 31, 2021 Interest rate % (a)(b) Letters of Credit Outstanding at December 31, 2022 (In millions, except rates) Intercompany Note with Clearway Energy, Inc. $ 2 $ 1 4.550 2028 Senior Notes 850 850 4.750 2031 Senior Notes 925 925 3.750 2032 Senior Notes 350 350 3.750 Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility, due 2023 (c) — 245 1.750 $ 125 Bridge Loan, due 2022 — 335 S+1.250 Non-recourse project-level debt: Agua Caliente Solar LLC, due 2037 649 684 2.395-3.633 45 Alta Wind Asset Management LLC, due 2031 12 13 L+2.625 — Alta Wind I-V lease financing arrangements, due 2034 and 2035 709 756 5.696-7.015 23 Alta Wind Realty Investments LLC, due 2031 22 24 7.000 — Borrego, due 2024 and 2038 51 54 Various — Buckthorn Solar, due 2025 119 123 L+1.750 21 Capistrano Wind Portfolio, due 2029 and 2031 156 — L+2.000 36 Carlsbad Energy Holdings LLC, due 2027 115 136 L+1.750 63 Carlsbad Energy Holdings LLC, due 2038 407 407 4.120 — Carlsbad Holdco, LLC, due 2038 197 205 4.210 5 CVSR, due 2037 627 652 2.339-3.775 — CVSR Holdco Notes, due 2037 160 169 4.680 12 DG-CS Master Borrower LLC, due 2040 413 441 3.510 30 El Segundo Energy Center, due 2023 — 193 L+1.875-2.500 80 Kawailoa Solar Portfolio LLC, due 2026 — 78 L+1.375 — Laredo Ridge, due 2028 — 72 L+2.125 — Marsh Landing, due 2023 19 84 L+2.375 45 Mililani I, due 2027 47 — L+1.500 6 NIMH Solar, due 2024 163 176 L+2.000 10 Oahu Solar Holdings LLC, due 2026 83 86 L+1.375 9 Rosie Class B LLC, due 2027 76 78 L+1.750 17 Tapestry Wind LLC, due 2031 — 85 L+1.375 — Utah Solar Holdings, due 2036 257 273 3.590 9 Viento Funding II, LLC, due 2023 and 2029 (d) 184 29 S+1.475 26 Waiawa, due 2023 and 2028 97 — L+1.000-1.250 10 Walnut Creek, due 2023 19 74 L+1.875 74 WCEP Holdings, LLC, due 2023 26 30 L+3.000 — Other 137 151 Various 200 Subtotal non-recourse project-level debt 4,745 5,073 Total debt 6,872 7,779 Less current maturities (324) (773) Less net debt issuance costs (61) (71) Add premiums (e) 4 4 Total long-term debt $ 6,491 $ 6,939 (a) As of December 31, 2022, L+ equals 3 month LIBOR plus x%, except Marsh Landing, due 2023, Waiawa, due 2023, and Walnut Creek, due 2023, where L+ equals 1 month LIBOR plus x%. (b) S+ equals SOFR, plus x% (c) Applicable rate is determined by the borrower leverage ratio, as defined in the credit agreement (d) Laredo Ridge, due 2028; Tapestry Wind LLC, due 2031; and Viento Funding II, LLC, due 2023 project-level debt were repaid on March 16, 2022 totaling $186 million and was replaced with $190 million in new project-level debt under Viento Funding II, LLC that was obtained on March 16, 2022 and is due in 2029, as discussed further below. (e) Premiums relate to the 2028 Senior Notes The financing arrangements listed above contain certain covenants, including financial covenants that the Company is required to be in compliance with during the term of the respective arrangement. Under the project-level financing arrangements, each project is permitted to pay distributions out of available cash as long as certain conditions are satisfied, including that no default under the applicable arrangements has occurred and that each project is otherwise in compliance with all relevant conditions under the financing agreements, including meeting required financial ratios, where applicable. The Company’s project-level financing arrangements are non-recourse to the Company, thus, each project pledges its underlying assets as collateral, and if a project is in default of its financing arrangement, then the related lender could demand repayment of the project or enforce their security interests with respect to the pledged collateral. As of December 31, 2022, the Company was in compliance with all of the required principal, interest, sinking fund and redemption covenants. Bridge Loan Agreement On November 30, 2021, Clearway Energy Operating LLC entered into a senior secured bridge credit agreement, or the Bridge Loan Agreement. The Bridge Loan Agreement provided for a senior secured term loan facility in an aggregate principal amount of $335 million. The borrowings under the term loan facility were used to acquire the Utah Solar Portfolio on December 1, 2021, as further described in Note 3, Acquisitions and Dispositions . On May 3, 2022, the Company repaid the $335 million in outstanding borrowings under the Bridge Loan Agreement utilizing proceeds received from the Thermal Disposition, as further described as further described in Note 3, Acquisitions and Dispositions . Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility On November 30, 2021, Clearway Energy Operating LLC entered into the Sixth Amendment to Amended and Restated Credit Agreement, which amended the Company’s revolving credit facility to provide for an increase of the maximum permitted Borrower Leverage Ratio (as defined in the credit agreement governing the Company’s revolving credit facility) to 6.00 to 1.00 from November 30, 2021 through May 2, 2022. The Sixth Amendment also (i) permits the incurrence of the term loan facility under the Bridge Loan Agreement, (ii) permits the incurrence of hedging obligations, subject to certain conditions, and provides for a $40 million basket for cash collateral which may be provided to secure hedging obligations (iii) permits the prepayment of unsecured, junior or subordinated indebtedness at any time following May 3, 2022, subject to certain conditions, including that, after giving effect to such payment, the Borrower Leverage Ratio would not be greater than 5.50 to 1.00 and the Borrower Interest Coverage Ratio (as defined in the credit agreement governing the Company’s revolving credit facility) would not be less than 1.75 to 1.00 and (iv) implements certain other technical modifications. As of December 31, 2022, the Company had no outstanding borrowings under the revolving credit facility and $125 million in letters of credit outstanding. During the year ended December 31, 2022, the Company borrowed $80 million under the revolving credit facility and repaid $325 million, $305 million of which was repaid on May 3, 2022, utilizing the proceeds received from the Thermal Disposition. The facility will continue to be used for general corporate purposes including financing of future acquisitions and posting letters of credit. 2032 Senior Notes On October 1, 2021, Clearway Energy Operating LLC completed the sale of $350 million of senior unsecured notes due 2032, or the 2032 Senior Notes. The 2032 Senior Notes bear interest at 3.750% and mature on January 15, 2032. Interest on the 2032 Senior Notes is payable semi-annually on January 15 and July 15 of each year. The 2032 Senior Notes are unsecured obligations of Clearway Energy Operating LLC and are guaranteed by Clearway Energy LLC and by certain of Clearway Energy Operating LLC’s wholly-owned current and future subsidiaries. The net proceeds from the 2032 Senior Notes were used, together with existing corporate liquidity, to repurchase the 2026 Senior Notes, as described below. 2026 Senior Notes Tender Offer and Redemption In October 2021, the Company repurchased and redeemed an aggregate principal amount of $350 million of the 2026 Senior Notes, through the cash tender offer announced on September 24, 2021 and the redemption of the remaining principal amount of $227 million on October 25, 2021. The 2026 Senior Notes repurchased and redeemed in October 2021 were effectuated at a premium of approximately 103% for total consideration of $359 million and, as a result, the Company recorded a loss on extinguishment in the amount of $9 million. The Company recorded an additional $3 million loss on extinguishment to write off the remaining unamortized deferred financing fees related to the 2026 Senior Notes. 2031 Senior Notes On March 9, 2021, Clearway Energy Operating LLC completed the sale of $925 million of senior unsecured notes due 2031, or the 2031 Senior Notes. The 2031 Senior Notes bear interest at 3.750% and mature on February 15, 2031. Interest on the 2031 Senior Notes is payable semi-annually on February 15 and August 15 of each year. The 2031 Senior Notes are unsecured obligations of Clearway Energy Operating LLC and are guaranteed by Clearway Energy LLC and by certain of Clearway Energy Operating LLC’s wholly-owned current and future subsidiaries. The net proceeds from the 2031 Senior Notes were used to repurchase the 2025 Senior Notes, as described below, as well as to repay amounts outstanding under the Company’s revolving credit facility and for general corporate purposes. 2025 Senior Notes Tender Offer and Redemption In March 2021, the Company repurchased and redeemed an aggregate principal amount of $600 million of the 2025 Senior Notes, through the cash tender offer announced on March 2, 2021 and the redemption of the remaining principal amount of $183 million on March 17, 2021. The 2025 Senior Notes repurchased and redeemed in March 2021 were effectuated at a premium of approximately 106% for total consideration of $636 million and, as a result, the Company recorded a loss on extinguishment in the amount of $36 million. The Company recorded an additional $5 million loss on extinguishment to write off the remaining unamortized deferred financing fees related to the 2025 Senior Notes. Project-level Debt El Segundo Energy Center On December 15, 2022, the Company repaid the outstanding project-level debt of El Segundo Energy Center in the amount of approximately $130 million, utilizing cash on hand. The project-level debt had an original maturity of August 2023. Waiawa On October 3, 2022, as part of the acquisition of Waiawa, as further described in Note 3, Acquisitions and Dispositions , the Company assumed the project’s financing agreement, which included a $22 million construction loan that converts to a term loan upon the project reaching substantial completion, a $55 million tax equity bridge loan and a $26 million sponsor equity bridge loan. The sponsor equity bridge loan was repaid at acquisition date, along with $2 million in associated fees, utilizing $12 million from the cash equity investor, as well as $16 million of the Company’s purchase price, which was contributed back by CEG. The tax equity bridge loan will be repaid with the final proceeds from the tax equity investor that will be received upon Waiawa reaching substantial completion, which is expected to occur in the first half of 2023. Subsequent to the Waiawa acquisition, the Company borrowed an additional $20 million in construction loans. As of December 31, 2022, the Company had $42 million in outstanding construction loans in addition to the $55 million tax equity bridge loan referenced above. Capistrano Wind Portfolio On August 22, 2022, as part of the acquisition of the Capistrano Wind Portfolio, as further described in Note 3, Acquisitions and Dispositions , the Company assumed non-recourse project-level debt totaling $164 million held by the Broken Bow, Cedro Hill and Crofton Bluffs wind projects, which is net of $2 million in previously deferred unamortized debt issuance costs. The non-recourse project-level debt bears interest at a rate of LIBOR plus an applicable margin, which is currently 2.00% per annum, and maturities range from September 30, 2029 to July 14, 2031. Mililani I On March 25, 2022, as part of the acquisition of Mililani I, as further described in Note 3, Acquisitions and Dispositions , the Company assumed the project’s financing agreement, which included a $16 million construction loan that converts to a term loan upon the project reaching substantial completion, a $60 million tax equity bridge loan and a $27 million sponsor equity bridge loan. The sponsor equity bridge loan was repaid at acquisition date, along with $2 million in associated fees, utilizing $14 million from the cash equity investor, as well as $15 million of the Company’s purchase price, which was contributed back by CEG. On December 7, 2022, when the project reached substantial completion, the tax equity investor contributed an additional $42 million and CEG contributed an additional $11 million, which was utilized, along with the $18 million in escrow, to repay the $60 million tax equity bridge loan, to fund $7 million in construction completion reserves and to pay $4 million in associated fees. Subsequent to the Mililani I acquisition, the Company had borrowed an additional $32 million in construction loans that was converted to a term loan in the amount of $48 million. As of December 31, 2022, the Company had a $47 million term loan outstanding, as $1 million was paid in December 2022. Viento Funding II, LLC On March 16, 2022, the Company, through its indirect subsidiary, Viento Funding II, LLC, entered into a financing agreement which included the issuance of a $190 million term loan as well as $35 million in letters of credit, supported by the Company’s interests in the Elkhorn Ridge, Laredo Ridge, San Juan Mesa and Taloga wind projects. The term loan bears annual interest at a rate of SOFR plus a spread of 0.10% and an applicable margin, which is 1.375% per annum through the fourth anniversary of the term loan and 1.50% per annum thereafter through the maturity date of March 16, 2029. The proceeds from the term loan were used to pay off the existing debt in the amount of $186 million related to Laredo Ridge, Tapestry Wind LLC and Viento Funding II, LLC and to pay related financing costs. The Company recorded a loss on debt extinguishment of $2 million to expense unamortized debt issuance costs. Agua Caliente Solar LLC As part of the acquisition of Agua Caliente Borrower 1 LLC and the consolidation of Agua Caliente, as further described in Note 3, Acquisitions and Dispositions, the Company consolidated non-recourse debt of $716 million related to Agua Caliente Solar, LLC on February 3, 2021. The debt consists of a credit agreement with the Federal Financing Bank and accrues interest at fixed rates between 2.395% and 3.633%, which matures in 2037. Pinnacle Repowering Partnership HoldCo LLC On March 10, 2021, the Company entered into a financing agreement for non-recourse debt for a total commitment of $126 million related to the repowering of the Pinnacle wind project. The debt consists of a construction loan at an interest rate of LIBOR plus 1.00%. The Company’s initial borrowings of $79 million were utilized to repay $53 million of the outstanding balance under the Tapestry Wind LLC financing agreement, which related to the Pinnacle wind project, to pay vendor invoices and fees and to acquire certain equipment from Clearway Renew LLC to be utilized in the repowering project. On December 15, 2021, the Company repaid the outstanding principal amount of $117 million. Interest Rate Swaps — Project Financings Many of the Company’s project subsidiaries entered into interest rate swaps, intended to hedge the risks associated with interest rates on non-recourse project level debt. These swaps amortize in proportion to their respective loans and are floating for a fixed rate where the project subsidiary pays its counterparty the equivalent of a fixed interest payment on a predetermined notional amount and will receive quarterly the equivalent of a floating interest payment based on the same notional amount. All interest rate swap payments by the project subsidiary and its counterparty are made quarterly and the LIBOR or SOFR is determined in advance of each interest period. The following table summarizes the swaps, some of which are forward starting as indicated, related to the Company’s project level debt as of December 31, 2022: % of Principal Fixed Interest Rate Floating Interest Rate Notional Amount at December 31, 2022 (In millions) Effective Date Maturity Date Avra Valley 88 % 2.333 % 3-Month LIBOR $ 32 November 30, 2012 November 30, 2030 Alta Wind Asset Management 100 % 2.470 % 3-Month LIBOR 12 May 22, 2013 May 15, 2031 Borrego 100 % 0.476 % 3-Month LIBOR 6 June 30, 2020 December 31, 2024 Buckthorn Solar 81 % Various 3-Month LIBOR 96 February 28, 2018 December 31, 2041 Carlsbad Energy Holdings 100 % Various 3-Month LIBOR 115 Various September 30, 2027 Capistrano Wind Portfolio 95 % Various 3-Month LIBOR 148 Various Various Kansas South 75 % 2.368 % 6-Month LIBOR 14 June 28, 2013 December 31, 2030 Marsh Landing 100 % Various 3-Month LIBOR 19 June 28, 2013 June 30, 2023 Mililani I 94 % 2.041 % 3-Month LIBOR 44 September 30, 2022 September 30, 2042 NIMH Solar 100 % Various 3-Month LIBOR 163 September 30, 2020 Various Oahu Solar 96 % Various 3-Month LIBOR 80 November 30, 2019 October 31, 2040 Rosie Class B 95 % 1.446 % 3-Month LIBOR 73 December 31, 2020 Various South Trent 90 % 3.847 % 3-Month LIBOR 27 June 14, 2019 June 30, 2028 Viento Funding II 90 % 2.530 % 3-Month SOFR 165 Various Various Waiawa 50 % 2.088 % 3-Month LIBOR 48 December 31, 2022 December 31, 2042 Walnut Creek 94 % 3.543 % 3-Month LIBOR 18 June 28, 2013 May 31, 2023 WCEP Holdings 92 % 4.003 % 3-Month LIBOR 24 June 28, 2013 May 31, 2023 Total $ 1,084 Annual Maturities Annual payments based on the maturities of the Company’s debt, for the years ending after December 31, 2022, are as follows: (In millions) 2023 (a) $ 421 2024 410 2025 382 2026 361 2027 399 Thereafter 4,899 Total $ 6,872 (a) At December 31, 2022, amount includes $97 million recorded in long-term debt on the Company’s consolidated balance sheet that is due in 2023 and is either being funded through long-term equity contributions or is converting to long-term debt.

Members' Equity

Members' Equity	12 Months Ended
	Dec. 31, 2022
Members' Equity [Abstract]
Members' Equity	Members’ Equity The following table lists the distributions paid on the Company’s Class A, Class B, Class C and Class D units during the year ended December 31, 2022: Fourth Quarter 2022 Third Quarter 2022 Second Quarter 2022 First Quarter 2022 Distributions per Class A and Class B units $ 0.3672 $ 0.3604 $ 0.3536 $ 0.3468 Distributions per Class C and Class D units 0.3672 0.3604 0.3536 0.3468 On February 15, 2023, the Company declared a quarterly distribution on its Class A, Class B, Class C and Class D units of $0.3745 per unit payable on March 15, 2023.

Segment Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting The Company’s segment structure reflects how management currently operates and allocates resources. The Company’s businesses are segregated based on conventional power generation, renewable businesses, which consist of solar and wind, and the Thermal Business, which was sold on May 1, 2022, as further described in Note 3, Acquisitions and Dispositions . The Corporate segment reflects the Company’s corporate costs and includes eliminating entries. The Company’s chief operating decision maker, its Chief Executive Officer, evaluates the performance of its segments based on operational measures including adjusted earnings before interest, taxes, depreciation and amortization, or Adjusted EBITDA and CAFD, as well as net income (loss). The Company generated more than 10% of its revenues from the following customers for the years ended December 31, 2022, 2021 and 2020: 2022 2021 2020 Customer Conventional Renewables Conventional Renewables Conventional Renewables SCE 17% 17% 17% 16% 18% 16% PG&E 10% 15% 10% 13% 10% 8% Year ended December 31, 2022 (In millions) Conventional Generation Renewables Thermal Corporate (a) Total Operating revenues $ 417 $ 696 $ 77 $ — $ 1,190 Cost of operations, exclusive of depreciation, amortization and accretion shown separately below 89 298 50 (2) 435 Depreciation, amortization and accretion 131 381 — — 512 Impairment losses — 16 — — 16 General and administrative — — 2 36 38 Transaction and integration costs — — — 7 7 Development costs — — 2 — 2 Total operating costs and expenses 220 695 54 41 1,010 Gain on sale of business — — — 1,292 1,292 Operating income 197 1 23 1,251 1,472 Equity in earnings of unconsolidated affiliates 3 26 — — 29 Other income, net 1 6 — 10 17 Loss on debt extinguishment — (2) — — (2) Interest expense (40) (87) (6) (99) (232) Income (loss) before income taxes 161 (56) 17 1,162 1,284 Income tax expense — 2 — — 2 Net Income (Loss) 161 (58) 17 1,162 1,282 Net Income Attributable to Clearway Energy LLC $ 161 $ 49 $ 17 $ 1,161 $ 1,388 Balance Sheet Equity investments in affiliates $ 82 $ 282 $ — $ — $ 364 Capital expenditures (b)(c) 11 33 11 1 56 Total Assets $ 2,251 $ 9,515 $ — $ 546 $ 12,312 (a) Includes eliminations (b) Includes accruals (c) Thermal capital expenditures, including accruals, prior to the sale of the Thermal Business on May 1, 2022. Year ended December 31, 2021 (In millions) Conventional Generation Renewables Thermal Corporate (a) Total Operating revenues $ 441 $ 641 $ 204 $ — $ 1,286 Cost of operations, exclusive of depreciation, amortization and accretion shown separately below 90 229 134 (2) 451 Depreciation, amortization and accretion 132 354 23 — 509 Impairment losses — 6 — — 6 General and administrative — — 4 34 38 Transaction and integration costs — — — 7 7 Development costs — — 4 2 6 Operating income (loss) 219 52 39 (41) 269 Equity in earnings of unconsolidated affiliates 6 26 — — 32 Other income, net — 2 1 — 3 Loss on debt extinguishment — (1) — (52) (53) Interest expense (53) (142) (18) (99) (312) Income (loss) before income taxes 172 (63) 22 (192) (61) Income tax expense — 2 — — 2 Net Income (Loss) 172 (65) 22 (192) (63) Net Income (Loss) Attributable to Clearway Energy LLC $ 172 $ 109 $ 22 $ (193) $ 110 Balance Sheet Equity investments in affiliates $ 86 $ 295 $ — $ — $ 381 Capital expenditures (b) 12 77 29 1 119 Total Assets $ 2,442 $ 9,603 $ 631 $ 42 $ 12,718 (a) Includes eliminations (b) Includes accruals Year ended December 31, 2020 (In millions) Conventional Generation Renewables Thermal Corporate (a) Total Operating revenues $ 437 $ 569 $ 193 $ — $ 1,199 Cost of operations, exclusive of depreciation, amortization and accretion shown separately below 90 147 131 (2) 366 Depreciation, amortization and accretion 132 264 32 — 428 Impairment losses — 24 — — 24 General and administrative — — 3 30 33 Transaction and integration costs — — — 9 9 Development costs — — 5 — 5 Operating income (loss) 215 134 22 (37) 334 Equity in earnings (losses) of unconsolidated affiliates 8 (1) — — 7 Impairment loss on investment — (8) — — (8) Gain on sale of unconsolidated affiliates — — — 49 49 Other income, net 1 4 — (1) 4 Loss on debt extinguishment — (21) — (3) (24) Interest expense (84) (216) (19) (95) (414) Net Income (Loss) 140 (108) 3 (87) (52) Net Income (Loss) Attributable to Clearway Energy LLC $ 140 $ 4 $ 3 $ (86) $ 61 (a) Includes eliminations

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions In addition to the transactions and relationships described elsewhere in the notes to the consolidated financial statements, certain subsidiaries of CEG provide services to the Company and its project entities. Amounts due to CEG subsidiaries are recorded as accounts payable — affiliates and amounts due to the Company from CEG subsidiaries are recorded as accounts receivable — affiliates in the Company’s consolidated balance sheets. The disclosures below summarize the Company’s material related party transactions with CEG and its subsidiaries that are included in the Company’s operating costs. O&M Services Agreements by and between the Company and Clearway Renewable Operation & Maintenance LLC Various wholly-owned subsidiaries of the Company in the Renewables segment are party to services agreements with Clearway Renewable Operation & Maintenance LLC, or RENOM, a wholly-owned subsidiary of CEG, which provides operation and maintenance, or O&M, services to these subsidiaries. The Company incurred total expenses for these services of $71 million, $56 million and $37 million for the years ended December 31, 2022, 2021 and 2020, respectively. There was a balance of $14 million and $9 million due to RENOM as of December 31, 2022 and 2021, respectively. Administrative Services Agreements by and between the Company and CEG Various wholly-owned subsidiaries of the Company are parties to services agreements with Clearway Asset Services LLC and Clearway Solar Asset Management LLC, two wholly-owned subsidiaries of CEG, which provide various administrative services to the Company’s subsidiaries. The Company incurred expenses under these agreements of $16 million, $14 million and $10 million for the years ended December 31, 2022, 2021 and 2020, respectively. There was a balance of $3 million and $2 million due to CEG as of December 31, 2022 and 2021, respectively. CEG Master Services Agreements The Company is a party to Master Services Agreements with CEG, or MSAs, pursuant to which CEG and certain of its affiliates or third-party service providers provide certain services to the Company, including operational and administrative services, which include human resources, information systems, external affairs, accounting, procurement and risk management services, and the Company provides certain services to CEG, including accounting, internal audit, tax and treasury services, in exchange for the payment of fees in respect of such services. The Company incurred net expenses of $5 million, $4 million and $2 million under these agreements for the years ended December 31, 2022, 2021 and 2020, respectively.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Gas and Transportation Commitments The Company has entered into contractual arrangements to procure power, fuel and associated transportation services for the Thermal Business. For the years ended December 31, 2022, 2021 and 2020, the Company purchased $20 million, $40 million, and $32 million, respectively, under such arrangements. On May 1, 2022, the Company completed the sale of 100% of its interests in the Thermal Business to KKR. For further details of the Thermal Disposition, refer to Note 3, Acquisitions and Dispositions. Contingencies The Company’s material legal proceeding is described below. The Company believes that it has a valid defense to this legal proceeding and intends to defend it vigorously. The Company records reserves for estimated losses from contingencies when information available indicates that a loss is probable and the amount of the loss, or range of loss, can be reasonably estimated. As applicable, the Company has established an adequate reserve for the matter discussed below. In addition, legal costs are expensed as incurred. Management assesses such matters based on current information and makes a judgment concerning its potential outcome, considering the nature of the claim, the amount and nature of damages sought and the probability of success. The Company is unable to predict the outcome of the legal proceeding below or reasonably estimate the scope or amount of any associated costs and potential liabilities. As additional information becomes available, management adjusts its assessment and estimate of the contingency accordingly. Because litigation is subject to inherent uncertainties and unfavorable rulings or developments, it is possible that the ultimate resolution of the Company’s liabilities and contingencies could be at amounts that are different from its currently recorded reserves and that such difference could be material. In addition to the legal proceeding noted below, the Company and its subsidiaries are party to other litigation or legal proceedings arising in the ordinary course of business. In management’s opinion, the disposition of these ordinary course matters will not materially adversely affect the Company’s consolidated financial position, results of operations, or cash flows. Buckthorn Solar Litigation On October 8, 2019, the City of Georgetown, Texas, or Georgetown, filed a petition in the District Court of Williamson County, Texas naming Buckthorn Westex, LLC, the Company’s subsidiary that owns the Buckthorn Westex solar project, as the defendant, alleging fraud by nondisclosure and breach of contract in connection with the project and the PPA, and seeking (i) rescission and/or cancellation of the PPA, (ii) declaratory judgment that the alleged breaches constitute an event of default under the PPA entitling Georgetown to terminate, and (iii) recovery of all damages, costs of court, and attorneys’ fees. On November 15, 2019, Buckthorn Westex filed an original answer and counterclaims (i) denying Georgetown’s claims, (ii) alleging Georgetown has breached its contracts with Buckthorn Westex by failing to pay amounts due, and (iii) seeking relief in the form of (x) declaratory judgment that Georgetown’s alleged failure to pay amounts due constitute breaches of and an event of default under the PPA and that Buckthorn did not commit any events of default under the PPA, (y) recovery of costs, expenses, interest, and attorneys’ fees, and (z) such other relief to which it is entitled at law or in equity. The case is currently in discovery and is expected to proceed to trial in June 2023. Buckthorn Westex believes the allegations of Georgetown are meritless, and Buckthorn Westex is vigorously defending its rights under the PPA.

Leases

Leases	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases	Leases Accounting for Leases The Company evaluates each arrangement at inception to determine if it contains a lease. Substantially all of the Company’s leases are operating leases. Lessee The Company records its operating lease liabilities at the present value of the lease payments over the lease term at lease commencement date. Lease payments include fixed payment amounts as well as variable rate payments based on an index initially measured at lease commencement date. Variable payments, including payments based on future performance and based on index changes, are recorded when the expense is probable. The Company determines the relevant lease term by evaluating whether renewal and termination options are reasonably certain to be exercised. The Company uses its incremental borrowing rate to calculate the present value of the lease payments, based on information available at the lease commencement date. The Company’s leases consist of land leases for numerous operating asset locations, real estate leases and equipment leases. The terms and conditions for these leases vary by the type of underlying asset. Lease expense for the years ended December 31, 2022, 2021 and 2020 was comprised of the following: (In millions) December 31, 2022 December 31, 2021 December 31, 2020 Operating lease cost - Fixed $ 36 $ 27 $ 19 Operating lease cost - Variable 11 15 9 Total lease cost $ 47 $ 42 $ 28 Operating lease information as of December 31, 2022 and 2021 was as follows: (In millions, except term and rate) December 31, 2022 December 31, 2021 Right-of-use assets - operating leases, net $ 527 $ 550 Short-term lease liability - operating leases (a) $ 6 $ 8 Long-term lease liability - operating leases 548 561 Total lease liabilities $ 554 $ 569 Weighted average remaining lease term (in years) 27 28 Weighted average discount rate 4.1 % 3.5 % Cash paid for operating leases $ 28 $ 26 (a) Short-term lease liability balances are included within the accrued expenses and other current liabilities line item of the consolidated balance sheets as of December 31, 2022 and 2021. Minimum future rental payments of operating lease liabilities as of December 31, 2022 are as follows: (In millions) 2023 $ 28 2024 30 2025 30 2026 31 2027 32 Thereafter 831 Total lease payments 982 Less imputed interest (428) Total lease liability - operating leases $ 554 Mililani I Lease Agreement The Mililani I project is party to a land lease agreement with a wholly-owned subsidiary of CEG. The project is leasing the land for a period of 36 years. The Company has a lease liability of $20 million as of December 31, 2022 and a corresponding right-of-use asset of $19 million related to the lease as of December 31, 2022. Oahu Solar Lease Agreements The Oahu Solar projects are party to various land lease agreements with a wholly-owned subsidiary of CEG. The projects are leasing the land for a period of 35 years, with the ability to renew the lease for two additional five-year periods. The Company has a lease liability of $20 million as of both December 31, 2022 and 2021 and a corresponding right-of-use asset related to the lease of $17 million and $18 million as of December 31, 2022 and 2021, respectively. Rosamond Central Lease Agreement The Rosamond Central project is party to a land lease agreement with a wholly-owned subsidiary of CEG. The project is leasing the land for a period of 35 years, with the ability to renew the lease for two additional five-year periods. The Company has a lease liability of $12 million as of both December 31, 2022 and 2021 and a corresponding right-of-use asset of $11 million related to the lease as of both December 31, 2022 and 2021. Lessor The majority of the Company’s revenue is obtained through PPAs or other contractual agreements that are accounted for as leases. These leases are comprised of both fixed payments and variable payments contingent upon volumes or performance metrics. The terms of the leases are further described in Item 2 — Properties of this Form 10-K. Many of the leases have renewal options at the end of the lease term. Termination may be allowed under specific circumstances in the lease arrangements, such as under an event of default. All of the Company’s active leases are operating leases. Certain of these leases have both lease and non-lease components, and the Company allocates the transaction price to the components based on standalone selling prices. The following amounts of energy and capacity revenue are related to the Company’s operating leases: Conventional Generation Renewables Thermal Total December 31, 2022 (In millions) Energy revenue $ 6 $ 809 $ 1 $ 816 Capacity revenue 435 — — 435 Operating revenue $ 441 $ 809 $ 1 $ 1,251 Conventional Generation Renewables Thermal Total December 31, 2021 (In millions) Energy revenue $ 9 $ 716 $ 2 $ 727 Capacity revenue 455 — — 455 Operating revenue $ 464 $ 716 $ 2 $ 1,182 Conventional Generation Renewables Thermal Total December 31, 2020 (In millions) Energy revenue $ 10 $ 554 $ 2 $ 566 Capacity revenue 451 — — 451 Operating revenue $ 461 $ 554 $ 2 $ 1,017 Minimum future rent payments for the remaining periods related to the Conventional segment operating leases as of December 31, 2022 were as follows: (In millions) 2023 $ 261 2024 106 2025 107 2026 108 2027 109 Thereafter 1,281 Total lease payments $ 1,972 Property, plant and equipment, net related to the Company’s operating leases were as follows: (In millions) December 31, 2022 December 31, 2021 Property, plant and equipment $ 8,630 $ 8,981 Accumulated depreciation (2,855) (2,827) Net property, plant and equipment $ 5,775 $ 6,154

Schedule I - Condensed Financia

Schedule I - Condensed Financial Information of Registrant	12 Months Ended
	Dec. 31, 2022
Condensed Financial Information Disclosure [Abstract]
Condensed Financial Information of Registrant	Clearway Energy LLC (Parent) Condensed Financial Information of Registrant Condensed Statements of Income Year ended December 31, (In millions) 2022 2021 2020 Total operating costs and expenses $ 1 $ — $ — Equity in earnings of consolidated affiliates 1,379 110 61 Interest income 10 — — Total other income 1,389 110 61 Net Income Attributable to Clearway Energy LLC $ 1,388 $ 110 $ 61 Clearway Energy LLC (Parent) Condensed Balance Sheets December 31, December 31, 2022 2021 ASSETS (In millions) Current Assets Cash and cash equivalents $ 536 $ 33 Other current assets 1 — Other Assets Investment in consolidated subsidiaries 2,034 1,497 Total Assets $ 2,571 $ 1,530 LIABILITIES AND MEMBERS’ EQUITY Current Liabilities Accounts payable — affiliates $ 1 $ 5 Other Liabilities Other non-current liabilities 1 — Total Liabilities 2 5 Commitments and Contingencies Members’ Equity Contributed capital 1,308 1,495 Retained earnings 1,240 43 Accumulated other comprehensive income (loss) 21 (13) Total Members’ Equity 2,569 1,525 Total Liabilities and Members’ Equity $ 2,571 $ 1,530 Clearway Energy LLC (Parent) Condensed Statements of Cash Flows Years ended December 31, 2022 2021 2020 (In millions) Cash Flows from Operating Activities Net Cash Provided by Operating Activities $ 8 $ — $ — Cash Flows from Investing Activities Investments in consolidated affiliates 845 202 306 Net Cash Provided by Investing Activities 845 202 306 Cash Flows from Financing Activities Transfer of funds under intercompany cash management arrangement (42) (20) (65) Proceeds from issuance of Class C units — — 62 Tax-related distributions (19) — — Payments of distributions (289) (268) (211) Net Cash Used in Financing Activities (350) (288) (214) Net Increase (Decrease) in Cash and Cash Equivalents 503 (86) 92 Cash and Cash Equivalents at Beginning of Period 33 119 27 Cash and Cash Equivalents at End of Period $ 536 $ 33 $ 119 Background Clearway Energy LLC, together with its consolidated subsidiaries, or the Company, is an energy infrastructure investor with a focus on investments in clean energy and owner of modern, sustainable and long-term contracted assets across North America. The Company is sponsored by GIP and TotalEnergies through the portfolio company, Clearway Energy Group LLC, or CEG, which became equally owned by GIP and TotalEnergies as of September 12, 2022, when TotalEnergies acquired, through its investment in an intermediate holding company, 50% of GIP’s interest in CEG. GIP is an independent infrastructure fund manager that makes equity and debt investments in infrastructure assets and businesses. TotalEnergies is a global multi-energy company. The Company is one of the largest renewable energy owners in the U.S. with over 5,500 net MW of installed wind and solar generation projects. The Company’s over 8,000 net MW of assets includes approximately 2,500 net MW of environmentally-sound, highly efficient natural gas-fired generation facilities. Through this environmentally-sound, diversified and primarily contracted portfolio, the Company endeavors to increase distributions to its unit holders. The majority of the Company’s revenues are derived from long-term contractual arrangements for the output or capacity from these assets. On May 1, 2022, the Company completed the sale of 100% of its interests in the Thermal Business to KKR. For further details of the Thermal Disposition, refer to Note 3, Acquisitions and Dispositions . Clearway Energy, Inc., or Clearway, Inc., consolidates the results of Clearway Energy LLC through its controlling interest, with CEG’s interest shown as noncontrolling interest in the financial statements. The holders of Clearway, Inc.’s outstanding shares of Class A and Class C common stock are entitled to dividends as declared. CEG receives its distributions from Clearway Energy LLC through its ownership of Clearway Energy LLC Class B and Class D units. From time to time, CEG may also hold shares of Clearway Inc’s Class A and/or Class C common stock. As of December 31, 2022, Clearway, Inc. owned 57.88% of the economic interests of the Company, with CEG owning 42.12% of the economic interests of the Company. For further discussion, see Note 11, Members’ Equity. Basis of Presentation The condensed parent-only company financial statements have been prepared in accordance with Rule 12-04 of Regulation S-X, as the restricted net assets of Clearway Energy LLC’s subsidiaries exceed 25% of the consolidated net assets of Clearway Energy LLC. The parent’s 100% investment in its subsidiaries has been recorded using the equity basis of accounting in the accompanying condensed parent-only financial statements. These statements should be read in conjunction with the consolidated financial statements and notes thereto of Clearway Energy LLC. Note 2 — Long-Term Debt For a discussion of Clearway Energy LLC’s financing arrangements, see Note 10, Long-term Debt, to the Company’s consolidated financial statements. Note 3 — Commitments, Contingencies and Guarantees See Note 14, Commitments and Contingencies, to the Company’s consolidated financial statements for a detailed discussion of Clearway Energy LLC’s commitments and contingencies. Note 4 — Distributions

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	The Company’s consolidated financial statements have been prepared in accordance with GAAP. The FASB ASC is the source of authoritative GAAP to be applied by nongovernmental entities. In addition, the rules and interpretative releases of the SEC under authority of federal securities laws are also sources of authoritative GAAP for SEC registrants.
Principles of Consolidation	The consolidated financial statements include the Company’s accounts and operations and those of its subsidiaries in which it has a controlling financial interest. All significant intercompany transactions and balances have been eliminated in consolidation. The usual condition for a controlling financial interest is ownership of a majority of the voting interests of an entity. However, a controlling financial interest may also exist through arrangements that do not involve controlling voting interests. As such, the Company applies the guidance of ASC 810, Consolidations,
Cash and Cash Equivalents	Cash and cash equivalents include highly liquid investments with an original maturity of three months or less at the time of purchase.
Restricted Cash	Restricted cash consists primarily of funds held to satisfy the requirements of certain debt agreements and funds held within the Company’s projects that are restricted in their use.
Accounts Receivable - Trade and Allowance for Credit Loss	Accounts Receivable — Trade and Allowance for Credit LossesAccounts receivable — trade are reported on the consolidated balance sheet at the invoiced amount adjusted for any write-offs and the allowance for credit losses. The allowance for credit losses is reviewed periodically based on amounts past due and their significance. The allowance for credit losses
Inventory	Inventory Inventory consists of spare parts and is valued at weighted average cost, unless evidence indicates that the weighted average cost will not be recovered with a normal profit in the ordinary course of business. Inventory is removed when used for repairs, maintenance or capital projects.
Property, Plant and Equipment	Property, Plant and Equipment Property, plant and equipment are stated at cost, however impairment adjustments are recorded whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. Significant additions or improvements extending asset lives are capitalized as incurred, while repairs and maintenance that do not improve or extend the life of the respective asset are charged to expense as incurred. Depreciation is computed using the straight-line method over the estimated useful lives. Certain assets and their related accumulated depreciation amounts are adjusted for asset retirements and disposals with the resulting gain or loss included in cost of operations in the consolidated statements of income. For further discussion of the Company’s property, plant and equipment refer to Note 4, Property, Plant and Equipment . Construction in-progress represents cumulative construction costs, including the costs incurred for the purchase of major equipment and engineering costs and capitalized interest. Once the project achieves commercial operation, the Company reclassifies the amounts recorded in construction in progress to facilities and equipment. Development costs include project development costs, which are expensed in the preliminary stages of a project and capitalized when the project is deemed to be commercially viable. Commercial viability is determined by one or a series of actions including, among others, Board of Director approval pursuant to a formal project plan that subjects the Company to significant future obligations that can only be discharged by the use of a Company asset. When a project is available for operations, capitalized interest and capitalized project development costs are reclassified to property, plant and equipment and depreciated on a straight-line basis over the estimated useful life of the project’s related assets. Capitalized costs are charged to expense if a project is abandoned or management otherwise determines the costs to be unrecoverable.
Asset Impairments	Asset Impairments Long-lived assets that are held and used are reviewed for impairment whenever events or changes in circumstances indicate their carrying amounts may not be recoverable. Such reviews are performed in accordance with ASC 360, Property, Plant and Equipment . An impairment loss is indicated if the total future estimated undiscounted cash flows expected from an asset are less than its carrying amount. An impairment charge is measured as the excess of an asset’s carrying amount over its fair value with the difference recorded in operating costs and expenses in the consolidated statements of income. Fair values are determined by a variety of valuation methods, including appraisals, sales prices of similar assets and present value techniques. For further discussion of the Company’s long-lived asset impairments, refer to Note 9, Asset Impairments . Investments accounted for by the equity method are reviewed for impairment in accordance with ASC 323, Investments-Equity Method and Joint Ventures , which requires that a loss in value of an investment that is an other-than-temporary decline should be recognized. The Company identifies and measures losses in the value of equity method investments based upon a comparison of fair value to carrying value.
Debt Issuance Costs	Debt Issuance Costs Debt issuance costs are capitalized and amortized as interest expense on a basis which approximates the effective interest method over the term of the related debt. Debt issuance costs related to the long-term debt are presented as a direct deduction from the carrying amount of the related debt. Debt issuance costs related to the senior secured revolving credit facility line of credit are recorded as a non-current asset on the consolidated balance sheet and are amortized over the term of the credit facility.
Intangible Assets	Intangible AssetsIntangible assets represent contractual rights held by the Company. The Company recognizes specifically identifiable intangible assets including power purchase agreements, leasehold rights, emission allowances, RECs and development rights when specific rights and contracts are acquired. These intangible assets are amortized primarily on a straight-line basis.
Income Taxes	Income Taxes The Company is classified as a partnership for federal and state income tax purposes. Therefore, federal and most state income taxes are assessed at the partner level. The franchise tax imposed by the state of Texas, however, is being assessed at the level of certain project subsidiaries of the Company, and therefore reflected as an income tax expense of the Company. For the year ended December 31, 2022, the Company recorded a deferred tax expense of $2 million and associated deferred tax liability of $4 million with respect to future years. At December 31, 2021, the Company recorded a deferred tax expense and associated deferred tax liability of $2 million with respect to future years.
Revenue Recognition and Contract Amortization	Revenue Recognition Revenue from Contracts with Customers The Company applies the guidance in ASC 606, Revenue from Contracts with Customers, or Topic 606, when recognizing revenue associated with its contracts with customers. The Company’s policies with respect to its various revenue streams are detailed below. In general, the Company applies the invoicing practical expedient to recognize revenue for the revenue streams detailed below, except in circumstances where the invoiced amount does not represent the value transferred to the customer. Thermal Revenues Steam and chilled water revenue is recognized as the Company transfers the product to the customer, based on customer usage as determined by meter readings taken at month-end. Some locations read customer meters throughout the month, and recognize estimated revenue for the period between meter read date and month-end. For thermal contracts, the Company’s performance obligation to deliver steam and chilled water is satisfied over time and revenue is recognized based on the invoiced amount. The Thermal Business subsidiaries collect and remit state and local taxes associated with sales to their customers, as required by governmental authorities. These taxes are presented on a net basis in the consolidated statements of income. On May 1, 2022, the Company completed the sale of 100% of its interests in the Thermal business to KKR. For further details of the Thermal Disposition refer to Note 3, Acquisitions and Dispositions. Power Purchase Agreements, or PPAs The majority of the Company’s revenues are obtained through PPAs or similar contractual agreements. Energy, capacity and, where applicable, renewable attributes, from the majority of the Company’s renewable energy assets and certain conventional energy plants is sold through long-term PPAs and tolling agreements to a single counterparty, which is often a utility or commercial customer. The majority of these PPAs are accounted for as operating leases as the Company retained its historical lease assessments and classification upon adoption of ASC 842, Leases . ASC 842 requires the minimum lease payments received to be amortized over the term of the lease and contingent rentals are recorded when the achievement of the contingency becomes probable. Judgment is required by management in determining the economic life of each generating facility, in evaluating whether certain lease provisions constitute minimum payments or represent contingent rent and other factors in determining whether a contract contains a lease and whether the lease is an operating lease or capital lease. Certain of these PPAs have no minimum lease payments and all of the lease revenue under these PPAs is recorded as contingent rent on an actual basis when the electricity is delivered. The contingent lease revenue recognized in the years ended December 31, 2022, 2021 and 2020 was $850 million, $741 million and $589 million, respectively. See Note 15, Leases, for additional information related to the Company’s PPAs accounted for as leases. Renewable Energy Credits, or RECs Renewable energy credits, or RECs, are usually sold through long-term PPAs or through REC contracts with counterparties. Revenue from the sale of self-generated RECs is recognized when the related energy is generated and simultaneously delivered even in cases where there is a certification lag as it has been deemed to be perfunctory. In a bundled contract to sell energy, capacity and/or self-generated RECs, all performance obligations are deemed to be delivered at the same time and hence, timing of recognition of revenue for all performance obligations is the same and occurs over time. In such cases, it is often unnecessary to allocate transaction price to multiple performance obligations. Contract Amortization Assets and liabilities recognized from power sales agreements assumed through acquisitions relating to the sale of electric capacity and energy in future periods arising from differences in contract and market prices are amortized to revenue over the term of each underlying contract based on actual generation and/or contracted volumes or on a straight-line basis, where applicable.
Derivatives Financial Instruments	Derivative Financial Instruments The Company accounts for derivative financial instruments under ASC 815, Derivatives and Hedging , or ASC 815, which requires the Company to record all derivatives on the balance sheet at fair value unless they qualify for a NPNS exception. Changes in the fair value of non-hedge derivatives are immediately recognized in earnings. Changes in the fair value of derivatives accounted for as hedges, if elected for hedge accounting, are either: • Recognized in earnings as an offset to the changes in the fair value of the related hedged assets, liabilities and firm commitments; or • Deferred and recorded as a component of accumulated OCI until the hedged transactions occur and are recognized in earnings. The Company’s primary derivative instruments are interest rate instruments used to mitigate variability in earnings due to fluctuations in interest rates and power sale contracts used to mitigate variability in earnings due to fluctuations in market prices. Certain derivative contracts contain provisions providing the counterparties a lien on specific assets as collateral. On an ongoing basis, the Company qualitatively assesses the effectiveness of its derivatives that are designated as hedges for accounting purposes in order to determine that each derivative continues to be highly effective in offsetting changes in cash flows of hedged items. If necessary, the Company will perform an analysis to measure the statistical correlation between the derivative and the associated hedged item to determine the effectiveness of such a contract designated as a hedge. The Company will discontinue hedge accounting if it is determined that the hedge is no longer effective. In this case, the gain or loss previously deferred in accumulated OCI would be frozen until the underlying hedged item is delivered unless the transaction being hedged is no longer probable of occurring in which case the amount in accumulated OCI would be immediately reclassified into earnings. If the derivative instrument is terminated, the effective portion of this derivative deferred in accumulated OCI will be frozen until the underlying hedged item is delivered. Revenues and expenses on contracts that qualify for the NPNS exception are recognized when the underlying physical transaction is delivered. While these contracts are considered derivative financial instruments under ASC 815, they are not recorded at fair value, but on an accrual basis of accounting. If it is determined that a transaction designated as NPNS no longer meets the scope exception, the fair value of the related contract is recorded on the balance sheet and immediately recognized through earnings.
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments which potentially subject the Company to concentrations of credit risk consist primarily of accounts receivable — trade and derivative instruments, which are concentrated within entities engaged in the energy and financial industries. These industry concentrations may impact the overall exposure to credit risk, either positively or negatively, in that the customers may be similarly affected by changes in economic, industry or other conditions. In addition, many of the Company’s projects have only one customer. See Item 1A, Risk Factors, Risks Related to the Company’s Business, for a discussion on the Company’s dependence on major customers .
Fair Value of Financial Instruments	Fair Value of Financial InstrumentsThe carrying amount of cash and cash equivalents, restricted cash, accounts receivable — trade, accounts payable — trade, account payable — affiliates and accrued expenses and other current liabilities approximate fair value because of the short-term maturity of these instruments.
Asset Retirement Obligations	Asset Retirement Obligations Asset retirement obligations, or AROs, are accounted for in accordance with ASC 410-20, Asset Retirement Obligations, or ASC 410-20. Retirement obligations associated with long-lived assets included within the scope of ASC 410-20 are those for which a legal obligation exists under enacted laws, statutes, and written or oral contracts, including obligations arising under the doctrine of promissory estoppel, and for which the timing and/or method of settlement may be conditional on a future event. ASC 410-20 requires an entity to recognize the fair value of a liability for an ARO in the period in which it is incurred and a reasonable estimate of fair value can be made.
Guarantees	Guarantees The Company enters into various contracts that include indemnification and guarantee provisions as a routine part of its business activities. Examples of these contracts include operation and maintenance agreements, service agreements, commercial sales arrangements and other types of contractual agreements with vendors and other third parties as well as affiliates. These contracts generally indemnify the counterparty for tax, environmental liability, litigation and other matters as well as breaches of representations, warranties and covenants set forth in these agreements. Because many of the guarantees and indemnities the Company issues to third parties and affiliates do not limit the amount or duration of its obligations to perform under them, there exists a risk that the Company may have obligations in excess of the amounts agreed upon in the contracts mentioned above. For those guarantees and indemnities that do not limit the liability exposure, the Company may not be able to estimate what the liability would be, until a claim is made for payment or performance, due to the contingent nature of these contracts.
Investments Accounted for by the Equity Method	Investments Accounted for by the Equity Method The Company has investments in various energy projects accounted for by the equity method, several of which are VIEs, where the Company is not a primary beneficiary, as described in Note 5, Investments Accounted for by the Equity Method and Variable Interest Entities. The equity method of accounting is applied to these investments in affiliates because the ownership structure prevents the Company from exercising a controlling influence over the operating and financial policies of the projects. Under this method, equity in pre-tax income or losses of the investments is reflected as equity in earnings of unconsolidated affiliates. Distributions from equity method investments that represent earnings on the Company’s investment are included within cash flows from operating activities and distributions from equity method investments that represent a return of the Company’s investment are included within cash flows from investing activities.
Sale-Leaseback Arrangements	Sale-Leaseback Arrangements The Company is party to sale-leaseback arrangements that provide for the sale of certain assets to a third-party and simultaneous leaseback to the Company. In accordance with ASC 840-40, Sale-Leaseback Transactions , if the seller-lessee retains, through the leaseback, substantially all of the benefits and risks incident to the ownership of the property sold, the sale-leaseback transaction is accounted for as a financing arrangement. An example of this type of continuing involvement would include an option to repurchase the assets or the buyer-lessor having the option to sell the assets back to the Company. This provision is included in most of the Company’s sale-leaseback arrangements. As such, the Company accounts for these arrangements as financings. Under the financing method, the Company does not recognize as income any of the sale proceeds received from the lessor that contractually constitutes payment to acquire the assets subject to these arrangements. Instead, the sale proceeds received are accounted for as financing obligations and leaseback payments made by the Company are allocated between interest expense and a reduction to the financing obligation. Interest on the financing obligation is calculated using the Company’s incremental borrowing rate at the inception of the arrangement on the outstanding financing obligation. Judgment is required to determine the appropriate borrowing rate for the arrangement and in determining any gain or loss on the transaction that would be recorded either at the end of or over the lease term.
Asset Acquisitions	Asset Acquisitions The Company accounts for its acquisitions in accordance with ASC 805, Business Combinations, or ASC 805. For third-party acquisitions, ASC 805 requires an acquirer to recognize and measure in its financial statements the identifiable assets acquired, the liabilities assumed and any noncontrolling interest in the acquiree at fair value at the acquisition date. No goodwill is recognized and excess purchase price or negative goodwill are allocated to the acquired assets on a relative fair value basis. For acquisitions that relate to entities under common control, the difference between the cash paid and historical value of the entities’ equity is recorded as a distribution/contribution from/to CEG with the offset to CEG’s contributed capital balance.
Tax Equity Arrangements	Tax Equity Arrangements Certain portions of the Company’s redeemable noncontrolling interest in subsidiaries and noncontrolling interest represent third-party interests in the net assets under certain tax equity arrangements, which are consolidated by the Company, that have been entered into to finance the cost of solar and wind facilities eligible for certain tax credits. The Company has determined that the provisions in the contractual agreements of these structures represent substantive profit sharing arrangements. Further, the Company has determined that the appropriate methodology for calculating the redeemable noncontrolling interest and noncontrolling interest that reflects the substantive profit sharing arrangements is a balance sheet approach utilizing the hypothetical liquidation at book value, or HLBV, method. Under the HLBV method, the amounts reported as redeemable noncontrolling interest and noncontrolling interest represent the amounts the investors to the tax equity arrangements would hypothetically receive at each balance sheet date under the liquidation provisions of the contractual agreements, assuming the net assets of the funding structures were liquidated at their recorded amounts determined in accordance with GAAP. The investors’ interests in the results of operations of the funding structures are determined as the difference in redeemable noncontrolling interest and noncontrolling interest at the start and end of each reporting period, after taking into account any capital transactions between the structures and the funds’ investors. The calculations utilized to apply the HLBV method include estimated calculations of taxable income or losses for each reporting period. In addition, in certain circumstances, the Company and its partners in the tax equity arrangements agree that certain tax benefits are to be utilized outside of the tax equity arrangements, which may result in differences in the amount an investor would hypothetically receive at the initial balance sheet date calculated strictly in accordance with related contractual agreements. These differences are recognized in the consolidated statement of income using a systematic and rational method over the period during which the investor is expected to achieve its target return.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions. These estimates and assumptions impact the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the date of the consolidated financial statements. They also impact the reported amounts of net earnings during the reporting periods. Actual results could be different from these estimates. In recording transactions and balances resulting from business operations, the Company uses estimates based on the best information available. Estimates are used for such items as plant depreciable lives, uncollectible accounts, AROs, acquisition accounting, fair value of financial instruments and legal costs incurred in connection with recorded loss contingencies, among others. In addition, estimates are used to test long-lived assets for impairment and to determine the fair value of impaired assets. As better information becomes available or actual amounts are determinable, the recorded estimates are revised. Consequently, operating results can be affected by revisions to prior accounting estimates.
Reclassification	Reclassification Certain prior year amounts have been reclassified for comparative purposes.
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards In March 2020, the FASB issued ASU No. 2020-4, Facilitation of the Effects of Reference Rate Reform on Financial Reporting . The amendments provide for optional expedients and exceptions for applying GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. These amendments apply only to contracts that reference LIBOR or another reference rate expected to be discontinued because of reference rate reform, which affects certain of the Company’s debt and interest rate swap agreements. The guidance is effective for all entities as of March 12, 2020 through December 31, 2022. In December 2022, the FASB issued ASU No. 2022-6, Deferral of the Sunset Date of Reference Rate Reform , to extend the end of the transition period to December 31, 2024. As of December 31, 2022, the Company intends to apply the amendments to all its eligible contract modifications, where applicable, no later than June 30, 2023, the LIBOR cessation date. Additionally, the Company has not elected any optional expedients provided in the standard.

Nature of Business (Tables)

Nature of Business (Tables)	12 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Company Organization Chart	The diagram below represents a summarized structure of the Company as of December 31, 2022:

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Schedule of Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows: December 31, 2022 2021 (In millions) Cash and cash equivalents $ 657 $ 179 Restricted cash 339 475 Cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows $ 996 $ 654
Restrictions on Cash and Cash Equivalents	The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown in the consolidated statements of cash flows: December 31, 2022 2021 (In millions) Cash and cash equivalents $ 657 $ 179 Restricted cash 339 475 Cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows $ 996 $ 654
Disaggregation of Revenue	The following tables represent the Company’s disaggregation of revenue from contracts with customers for the year ended December 31, 2022, along with the reportable segment for each category: Year ended December 31, 2022 (In millions) Conventional Generation Renewables Thermal Total Energy revenue (a) $ 6 $ 956 $ 48 $ 1,010 Capacity revenue (a) 435 2 18 455 Other revenues — 71 11 82 Contract amortization (24) (151) — (175) Mark-to-market for economic hedges — (182) — (182) Total operating revenues 417 696 77 1,190 Less: Contract amortization 24 151 — 175 Less: Mark-to-market for economic hedges — 182 — 182 Less: Lease revenue (441) (809) (1) (1,251) Total revenue from contracts with customers $ — $ 220 $ 76 $ 296 (a) See Note 15 , Leases, for the amounts of energy and capacity revenue that relate to leases and are accounted for under ASC 842. The following tables represent the Company’s disaggregation of revenue from contracts with customers for the year ended December 31, 2021, along with the reportable segment for each category: Year ended December 31, 2021 (In millions) Conventional Generation Renewables Thermal Total Energy revenue (a) $ 9 $ 784 $ 122 $ 915 Capacity revenue (a) 455 2 53 510 Other revenues — 60 32 92 Contract amortization (23) (118) (3) (144) Mark-to-market for economic hedges — (87) — (87) Total operating revenues 441 641 204 1,286 Less: Contract amortization 23 118 3 144 Less: Mark-to-market for economic hedges — 87 — 87 Less: Lease revenue (464) (716) (2) (1,182) Total revenue from contracts with customers $ — $ 130 $ 205 $ 335 (a) See Note 15 , Leases, for the amounts of energy and capacity revenue that relate to leases and are accounted for under ASC 842. The following tables represent the Company’s disaggregation of revenue from contracts with customers for the year ended December 31, 2020, along with the reportable segment for each category: Year ended December 31, 2020 (In millions) Conventional Generation Renewables Thermal Total Energy revenue (a) $ 10 $ 609 $ 101 $ 720 Capacity revenue (a) 451 — 63 514 Other revenues — 21 32 53 Contract amortization (24) (61) (3) (88) Total operating revenues 437 569 193 1,199 Less: Contract amortization 24 61 3 88 Less: Lease revenue (461) (554) (2) (1,017) Total revenue from contracts with customers $ — $ 76 $ 194 $ 270 (a) See Note 15 , Leases, for the amounts of energy and capacity revenue that relate to leases and are accounted for under ASC 842.
Schedule of Contract Balances	The following table reflects the net amount of contract assets and liabilities included on the Company’s consolidated balance sheets as of December 31, 2022 and December 31, 2021: (In millions) December 31, 2022 December 31, 2021 Accounts receivable, net - Contracts with customers $ 37 $ 44 Accounts receivable, net - Leases 116 100 Total accounts receivable, net $ 153 $ 144
Schedule of Change in Asset Retirement Obligation	(In millions) Balance as of December 31, 2021 $ 146 Liabilities incurred 6 Liabilities settled (5) Accretion expense 10 Balance as of December 31, 2022 $ 157
Redeemable Noncontrolling Interest	The following table reflects the changes in the Company’s redeemable noncontrolling interest balance for the year ended December 31, 2022: (In millions) Balance at December 31, 2021 $ — Cash distributions to redeemable noncontrolling interests (4) Comprehensive income attributable to redeemable noncontrolling interests 11 Balance at December 31, 2022 $ 7

Acquisitions and Dispositions (

Acquisitions and Dispositions (Tables)	12 Months Ended
	Dec. 31, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule Of Asset Acquisition	The following is a summary of assets and liabilities transferred in connection with the acquisition as of October 3, 2022: (In millions) Waiawa Other current and non-current assets $ 7 Property, plant and equipment 118 Total assets acquired 125 Long-term debt (a) 102 Other current and non-current liabilities 24 Total liabilities assumed 126 Net liabilities assumed $ (1) (a) Includes a $22 million construction loan, $26 million sponsor equity bridge loan and $55 million tax equity bridge loan, offset by $1 million in unamortized debt issuance costs. The sponsor equity bridge loan was repaid at acquisition date, along with $2 million in associated fees, utilizing $12 million from the cash equity investor, as well as $16 million of the Company's purchase price, which was contributed back to the Company by CEG. Also at acquisition date, the tax equity investor contributed $17 million into escrow, which is included in restricted cash on the Company's consolidated balance sheet at December 31, 2022. The tax equity investor will contribute an additional $41 million when the project reaches substantial completion, which will be utilized, along with the $17 million in escrow, to repay the $55 million tax equity bridge loan. The project is expected to reach substantial completion in the first half of 2023. The following is a summary of assets and liabilities transferred in connection with the acquisition as of August 22, 2022: (In millions) Capistrano Wind Portfolio Other current and non-current assets (a) $ 39 Property, plant and equipment, net 147 Intangible assets for power purchase agreements 237 Right-of-use-assets, net 27 Total assets acquired 450 Long-term debt 162 Long-term lease liabilities 28 Other current and non-current liabilities 10 Total liabilities assumed 200 Net assets acquired $ 250 (a) Includes cash of $12 million and restricted cash of $4 million. The following is a summary of assets and liabilities transferred in connection with the acquisition as of March 25, 2022: (In millions) Mililani I Other current and non-current assets $ 2 Property, plant and equipment 118 Right-of-use-assets 19 Total assets acquired 139 Long-term debt (a) 100 Long-term lease liabilities 20 Other current and non-current liabilities 27 Total liabilities assumed 147 Net liabilities assumed $ (8) (a) Includes a $16 million construction loan, $27 million sponsor equity bridge loan and $60 million tax equity bridge loan, offset by $3 million in unamortized debt issuance costs. The sponsor equity bridge loan was repaid at acquisition date, along with $2 million in associated fees, utilizing $14 million from the cash equity investor, as well as $15 million of the Company’s purchase price, which was contributed back to the Company by CEG. Also at acquisition date, the tax equity investor contributed $18 million into escrow, which was included in restricted cash on the Company’s consolidated balance sheet. On December 7, 2022, when the project reached substantial completion, the tax equity investor contributed an additional $42 million and CEG contributed an additional $11 million, which was utilized, along with the $18 million in escrow, to repay the $60 million tax equity bridge loan, to fund $7 million in construction completion reserves and to pay $4 million in associated fees.
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following is a summary of assets and liabilities transferred in connection with the acquisition as of December 29, 2021: (In millions) Black Rock Current assets (a) $ 36 Property, plant and equipment 178 Right-of-use-assets 7 Other non-current assets 2 Total assets acquired 223 Long-term debt (b) 186 Long-term lease liabilities 7 Other current and non-current liabilities 11 Total liabilities assumed (c) 204 Net assets acquired $ 19 (a) Includes $35 million reserved for project completion costs included in restricted cash on the Company’s balance sheet at acquisition date, which is included within the $133 million contributed by CEG described above. (b) Repaid at acquisition date utilizing $56 million contributed by the tax equity investor, $36 million from the cash equity investor and $61 million contributed by CEG, all recorded as contributions in noncontrolling interest, as well as $37 million of the Company’s acquisition price. Of the $190 million contributed, $186 million was utilized to pay down the acquired debt and $4 million was utilized to pay associated fees. The $61 million contributed by CEG and the Company’s initial acquisition price of $37 million are also included within the $133 million contributed by CEG described above. (c) Total liabilities assumed excludes amounts due to CEG as of the acquisition date for the remaining turbines that became operational in January 2022. The liabilities totaled $83 million, of which $59 million was received from the tax equity and cash equity investors and was held in escrow accounts as of the acquisition date. The following is a summary of assets and liabilities transferred in connection with the acquisition as of December 17, 2021: (In millions) Mesquite Sky Current assets (a) $ 46 Property, plant and equipment 377 Right-of use assets 45 Other non-current assets 7 Total assets acquired 475 Long-term debt (b) 355 Long-term lease liabilities 45 Derivative liabilities 43 Other current and non-current liabilities 39 Total liabilities assumed (c) 482 Net liabilities assumed $ (7) (a) Includes $44 million reserved for project completion costs included in restricted cash on the Company’s balance sheet at acquisition date, which is included within the $52 million contributed by CEG described above. (b) Repaid at acquisition date utilizing $241 million contributed by the tax equity investor and $107 million contributed by the cash equity investor, both recorded as contributions in noncontrolling interest, as well as the Company’s $61 million acquisition price. Of the $409 million contributed, $355 million was utilized to pay down the acquired debt and $1 million was utilized to pay associated fees. The remaining $53 million was distributed to CEG for the acquisition. The net of the Company’s $61 million acquisition price and the distribution to CEG of $53 million are included within the $52 million contributed by CEG described above. (c) Total liabilities assumed excludes amounts due to CEG as of the acquisition date of $6 million, of which $5 million was received from the tax equity and cash equity investors and was held in escrow accounts as of the acquisition date. The following is a summary of assets and liabilities transferred in connection with the acquisition as of December 1, 2021: (In millions) Utah Solar Portfolio Current assets $ 20 Property, plant and equipment 258 Intangible assets for power purchase agreement 302 Other intangible assets 4 Right-of use assets 163 Total assets acquired 747 Long-term lease liabilities 163 Other current and non-current liabilities 24 Total liabilities assumed 187 Equity method investment removed (230) Net assets acquired $ 330 (In millions) Mt. Storm Current assets $ 3 Property, plant and equipment 108 Other non-current assets 2 Total assets acquired 113 Derivative instruments 9 Other current and non-current liabilities 4 Total liabilities assumed 13 Net assets acquired $ 100 The following is a summary of assets and liabilities obtained in connection with the acquisition as of February 3, 2021: (In millions) Agua Caliente Restricted cash $ 91 Property, plant and equipment 154 Intangible asset for power purchase agreement 1,022 Other current assets 9 Total assets acquired 1,276 Long-term debt 716 Other current and non-current liabilities 5 Total liabilities assumed 721 Noncontrolling interest 273 Equity method investment removed (80) Net assets acquired less noncontrolling interest $ 202 The following is a summary of assets and liabilities transferred in connection with the acquisition as of January 12, 2021: (In millions) Rattlesnake Current assets $ 8 Property, plant and equipment 200 Right-of-use assets 12 Total assets acquired 220 Long-term debt (a) 176 Long-term lease liabilities 12 Other current and non-current liabilities 18 Total liabilities assumed 206 Net assets acquired $ 14 (a) Repaid at acquisition date utilizing $107 million contributed by tax equity investor and $103 million contributed by CEG, both recorded as contributions in noncontrolling interest. Of the $210 million contributed, $176 million was utilized to pay down the acquired debt, $29 million was utilized to fund project reserve accounts and $5 million was utilized to pay associated fees.

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	The Company’s major classes of property, plant, and equipment were as follows: December 31, 2022 December 31, 2021 Depreciable Lives (In millions) Facilities and equipment $ 9,992 $ 9,747 3 - 40 Years Land and improvements 293 320 Construction in progress (a) 160 84 Total property, plant and equipment 10,445 10,151 Accumulated depreciation (3,024) (2,501) Net property, plant and equipment $ 7,421 $ 7,650 (a) As of December 31, 2022 and 2021, construction in progress includes $17 million and $15 million, respectively, of capital expenditures that relate to prepaid long-term service agreements in the Conventional segment.

Investments Accounted for by _2

Investments Accounted for by the Equity Method and Variable Interest Entities (Tables)	12 Months Ended
	Dec. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments	The Company’s maximum exposure to loss as of December 31, 2022 is limited to its equity investment in the unconsolidated entities, as further summarized in the table below: Name Economic Interest Investment Balance (In millions) Avenal 50% $ 9 Desert Sunlight 25% 235 Elkhorn Ridge 66.7% 22 GenConn (a) 50% 82 San Juan Mesa 75% 16 $ 364 (a) GenConn is a variable interest entity. The following tables present summarized financial information for the Company’s equity method investments: Year Ended December 31, 2022 2021 2020 Income Statement Data: (In millions) GenConn Operating revenues $ 50 $ 55 $ 60 Operating income 16 22 26 Net income 7 13 17 Desert Sunlight Operating revenues 203 205 209 Operating income 137 146 142 Net income 114 112 88 Other (a) (b) Operating revenues 52 49 299 Operating income 18 16 138 Net income 15 13 60 As of December 31, 2022 2021 Balance Sheet Data: (In millions) GenConn Current assets $ 39 $ 38 Non-current assets 312 328 Current liabilities 16 15 Non-current liabilities 170 178 Desert Sunlight Current assets 79 131 Non-current assets 1,175 1,228 Current liabilities 61 64 Non-current liabilities 824 904 Other (a) Current assets 22 26 Non-current assets 157 172 Current liabilities 12 24 Non-current liabilities 91 98 (a) Includes Avenal, Elkhorn Ridge, San Juan Mesa, DGPV Holdco 1, DGPV Holdco 2 and DGPV Holdco 3. DGPV Holdco 1, DGPV Holdco 2 and DGPV Holdco 3 were consolidated by the Company during 2020 and are therefore only included in the summarized income statement data for the year ended December 31, 2020. (b) On February 3, 2021, the Company acquired an additional 35% equity interest in Agua Caliente and removed its equity investment in Agua Caliente and, on December 1, 2021, the Company acquired the remaining 50% equity investment in the Utah Solar Portfolio and removed its equity investment in the Utah Solar Portfolio. As a result, both Agua Caliente and the Utah Solar Portfolio are excluded from the summarized income statement data for the years ended December 31, 2022 and December 31, 2021.
Schedule of Variable Interest Entities	Summarized financial information for the Company’s consolidated VIEs consisted of the following as of December 31, 2022: (In millions) Alta TE Holdco Buckthorn Holdings, LLC DGPV Funds (a) Langford TE Partnership LLC Lighthouse Renewable Holdco LLC (b) Lighthouse Renewable Holdco 2 LLC (c) Other current and non-current assets $ 51 $ 2 $ 75 $ 13 $ 134 $ 49 Property, plant and equipment 306 194 493 123 828 358 Intangible assets 200 — 14 2 — — Total assets 557 196 582 138 962 407 Current and non-current liabilities 38 11 66 53 364 134 Total liabilities 38 11 66 53 364 134 Noncontrolling interest 39 29 13 59 487 230 Net assets less noncontrolling interests $ 480 $ 156 $ 503 $ 26 $ 111 $ 43 (a) DGPV Funds is comprised of Clearway & EFS Distributed Solar LLC, DGPV Fund 4 LLC, Golden Puma Fund LLC, Renew Solar CS4 Fund LLC and Chestnut Fund LLC, which are all tax equity funds. (b) Lighthouse Renewable Holdco LLC consolidates Mesquite Star Tax Equity Holdco LLC, Black Rock TE Holdco LLC, Mililani TE Holdco LLC and Waiawa TE Holdco LLC, which are consolidated VIEs. (c) Lighthouse Renewable Holdco 2 LLC consolidates Mesquite Sky TE Holdco LLC, which is a consolidated VIE. (In millions) Oahu Solar LLC Pinnacle Repowering TE Holdco Rattlesnake TE Holdco LLC Rosie TargetCo LLC Wildorado TE Holdco Other (a) Other current and non-current assets $ 39 $ 9 $ 13 $ 43 $ 20 $ 15 Property, plant and equipment 164 102 185 238 209 154 Intangible assets — 16 — — — 1 Total assets 203 127 198 281 229 170 Current and non-current liabilities 22 5 17 101 18 69 Total liabilities 22 5 17 101 18 69 Noncontrolling interest 26 43 91 133 110 70 Net assets less noncontrolling interests $ 155 $ 79 $ 90 $ 47 $ 101 $ 31 (a) Other is comprised of Elbow Creek TE Holdco and Spring Canyon TE Holdco projects.

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Fair Value, by Balance Sheet Grouping	The carrying amounts and estimated fair values of the Company’s recorded financial instruments not carried at fair market value or that do not approximate fair value are as follows: As of December 31, 2022 As of December 31, 2021 Carrying Amount Fair Value Carrying Amount Fair Value (In millions) Liabilities: Long-term debt, including current portion — affiliate $ 2 $ 2 $ 1 $ 1 Long-term debt, including current portion — external (a) 6,874 6,288 7,782 7,997 (a) Excludes net debt issuance costs, which are recorded as a reduction to long-term debt on the Company’s consolidated balance sheets.
Fair Value Hierarchy of Long-term Debt	The following table presents the level within the fair value hierarchy for long-term debt, including current portion as of December 31, 2022 and 2021: As of December 31, 2022 As of December 31, 2021 Level 2 Level 3 Level 2 Level 3 (In millions) Long-term debt, including current portion $ 1,836 $ 4,454 $ 2,160 $ 5,838
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table presents assets and liabilities measured and recorded at fair value on the Company’s consolidated balance sheets on a recurring basis and their level within the fair value hierarchy: As of December 31, 2022 As of December 31, 2021 Fair Value Fair Value (a) Fair Value Fair Value (a) (In millions) Level 2 (b) Level 3 Level 2 Level 3 Derivative assets Interest rate contracts $ 89 $ — $ 6 $ — Other financial instruments (c) — 17 — 25 Total assets $ 89 $ 17 $ 6 $ 25 Derivative liabilities Commodity contracts $ — $ 353 $ — $ 179 Interest rate contracts — — 63 — Total liabilities $ — $ 353 $ 63 $ 179 (a) There were no derivative assets classified as Level 1 or Level 3 and no liabilities classified as Level 1 as of December 31, 2022 and December 31, 2021. (b) The Company’s interest rate swaps are measured at fair value using an income approach, which use readily observable inputs, such as forward interest rates (e.g., LIBOR and SOFR) and contractual terms to estimate fair value. (c) Includes SREC contract. The following table reconciles the beginning and ending balances for instruments that are recognized at fair value in the consolidated financial statements using significant unobservable inputs: Year ended December 31, 2022 2021 (In millions) Fair Value Measurement Using Significant Unobservable Inputs (Level 3) Beginning balance $ (154) $ (15) Settlements 61 60 Contracts acquired — (52) Additions due to loss of NPNS exception (22) — Total losses for the period included in earnings (221) (147) Ending balance $ (336) $ (154) Change in unrealized losses included in earnings for derivatives and other financial instruments held as of December 31, $ (221) $ (147)
Fair Value Measurement Inputs and Valuation Techniques	The following table quantifies the significant unobservable inputs used in developing the fair value of the Company’s Level 3 positions as of December 31, 2022: December 31, 2022 Fair Value Input/Range Assets Liabilities Valuation Technique Significant Unobservable Input Low High Weighted Average (In millions) Commodity Contracts $ — $ (353) Discounted Cash Flow Forward Market Price (per MWh) $ 21.25 $ 100.66 $ 41.09 Other Financial Instruments 17 — Discounted Cash Flow Forecast annual generation levels of certain DG solar facilities 58,539 MWh 117,078 MWh 112,897 MWh The following table provides the impact on the fair value measurements to increases/(decreases) in significant unobservable inputs as of December 31, 2022: Significant Observable Input Position Change In Input Impact on Fair Value Measurement Forward Market Price Power Buy Increase/(Decrease) Higher/(Lower) Forward Market Price Power Sell Increase/(Decrease) Lower/(Higher) Forecast Generation Levels Sell Increase/(Decrease) Higher/(Lower)

Accounting for Derivative Ins_2

Accounting for Derivative Instruments and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Notional Amounts of Outstanding	The following table summarizes the net notional volume buy/(sell) of the Company’s open derivative transactions broken out by commodity as of December 31, 2022 and 2021: Total Volume December 31, 2022 December 31, 2021 Commodity Units (In millions) Natural Gas MMBtu — 2 Power MWh (18) (17) Interest Dollars $ 1,084 $ 1,326
Schedule of Fair Value of Derivative Instruments	The following table summarizes the fair value within the derivative instrument valuation on the consolidated balance sheets: Fair Value Derivative Assets Derivative Liabilities December 31, 2022 December 31, 2021 December 31, 2022 December 31, 2021 (In millions) Derivatives Designated as Cash Flow Hedges: Interest rate contracts current $ 7 $ — $ — $ 5 Interest rate contracts long-term 18 2 — 3 Total Derivatives Designated as Cash Flow Hedges $ 25 $ 2 $ — $ 8 Derivatives Not Designated as Cash Flow Hedges: Interest rate contracts current $ 19 $ — $ — $ 17 Interest rate contracts long-term 45 4 — 38 Commodity contracts current — — 50 24 Commodity contracts long-term — — 303 155 Total Derivatives Not Designated as Cash Flow Hedges $ 64 $ 4 $ 353 $ 234 Total Derivatives $ 89 $ 6 $ 353 $ 242
Schedule of Offsetting of Derivatives	The following tables summarize the offsetting of derivatives by counterparty: Gross Amounts Not Offset in the Statement of Financial Position As of December 31, 2022 Gross Amounts of Recognized Assets/Liabilities Derivative Instruments Net Amount Commodity contracts (In millions) Derivative liabilities $ (353) $ — $ (353) Total commodity contracts $ (353) $ — $ (353) Interest rate contracts Derivative assets $ 89 $ — $ 89 Total interest rate contracts $ 89 $ — $ 89 Total derivative instruments $ (264) $ — $ (264) Gross Amounts Not Offset in the Statement of Financial Position As of December 31, 2021 Gross Amounts of Recognized Assets/Liabilities Derivative Instruments Net Amount Commodity contracts (In millions) Derivative liabilities $ (179) $ — $ (179) Total commodity contracts $ (179) $ — $ (179) Interest rate contracts Derivative assets $ 6 $ (5) $ 1 Derivative liabilities (63) 5 (58) Total interest rate contracts $ (57) $ — $ (57) Total derivative instruments $ (236) $ — $ (236)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)	The following table summarizes the effects on the Company’s accumulated OCI (OCL) balance attributable to interest rate swaps designated as cash flow hedge derivatives: Year ended December 31, 2022 2021 2020 (In millions) Accumulated OCI (OCL) beginning balance $ (13) $ (35) $ (37) Reclassified from accumulated OCI/OCL to income due to realization of previously deferred amounts 5 11 11 Capistrano Wind Portfolio Acquisition 7 — — Mark-to-market of cash flow hedge accounting contracts 28 11 (9) Accumulated OCI (OCL) ending balance $ 27 $ (13) $ (35) Accumulated OCI (OCL) attributable to noncontrolling interests 6 — (2) Accumulated OCI (OCL) attributable to Clearway Energy LLC $ 21 $ (13) $ (33) Income expected to be realized from OCI during the next 12 months $ 5
Derivative Instruments, Gain (Loss)	Year ended December 31, 2022 2021 2020 (In millions) Interest Rate Contracts (Interest expense) $ 100 $ 53 $ (38) Commodity Contracts (Operating revenue) (a) (174) (83) (4) (a) Relates to long-term commodity contracts at Elbow Creek, Mesquite Star, Mt. Storm, Langford and Mesquite Sky. During the year ended December 31, 2022, the commodity contract for Langford, which previously met the NPNS exception, no longer qualified for NPNS treatment and, accordingly, is accounted for as a derivative and marked to fair value through operating revenues.

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of the Components of the Company's intangible Assets Subject to Amortization	The following tables summarize the components of intangible assets subject to amortization: Year ended December 31, 2022 PPAs Leasehold Rights Emission Allowances Other Total (In millions) January 1, 2022 $ 2,985 $ 86 $ 17 $ 16 $ 3,104 Acquisitions (a) 336 — — — 336 Other — — — 2 2 December 31, 2022 3,321 86 17 18 3,442 Less accumulated amortization (833) (34) (4) (6) (877) Net carrying amount $ 2,488 $ 52 $ 13 $ 12 $ 2,565 ( a) The weighted average life of acquired intangibles was 10 years for PPAs. Year ended December 31, 2021 PPAs Leasehold Rights Customer Relationships Customer Contracts Emission Other Total (In millions) January 1, 2021 $ 1,661 $ 86 $ 66 $ 15 $ 17 $ 12 $ 1,857 Acquisitions (a) 1,324 — — — — 4 1,328 Reclassified to held for sale (b) — — (66) (15) — — (81) December 31, 2021 2,985 86 — — 17 16 3,104 Less accumulated amortization (566) (30) — — (3) (6) (605) Net carrying amount $ 2,419 $ 56 $ — $ — $ 14 $ 10 $ 2,499 (a) The weighted average life of acquired intangibles was 17 years for PPAs, 15 years for RECs and 15 years for favorable leases. (b) Thermal Business intangible assets were classified as held for sale at December 31, 2021, and the Thermal Business was subsequently sold on May 1, 2022.
Schedule Future Amortization Expense for Intangibles	The Company estimates the future amortization expense for its intangibles for the next five years as follows: (In millions) 2023 $ 182 2024 180 2025 180 2026 180 2027 180

Long-term Debt (Tables)

Long-term Debt (Tables)	12 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Schedule of Long-Term Debt	The Company’s borrowings, including short-term and long-term portions consisted of the following: December 31, 2022 December 31, 2021 Interest rate % (a)(b) Letters of Credit Outstanding at December 31, 2022 (In millions, except rates) Intercompany Note with Clearway Energy, Inc. $ 2 $ 1 4.550 2028 Senior Notes 850 850 4.750 2031 Senior Notes 925 925 3.750 2032 Senior Notes 350 350 3.750 Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility, due 2023 (c) — 245 1.750 $ 125 Bridge Loan, due 2022 — 335 S+1.250 Non-recourse project-level debt: Agua Caliente Solar LLC, due 2037 649 684 2.395-3.633 45 Alta Wind Asset Management LLC, due 2031 12 13 L+2.625 — Alta Wind I-V lease financing arrangements, due 2034 and 2035 709 756 5.696-7.015 23 Alta Wind Realty Investments LLC, due 2031 22 24 7.000 — Borrego, due 2024 and 2038 51 54 Various — Buckthorn Solar, due 2025 119 123 L+1.750 21 Capistrano Wind Portfolio, due 2029 and 2031 156 — L+2.000 36 Carlsbad Energy Holdings LLC, due 2027 115 136 L+1.750 63 Carlsbad Energy Holdings LLC, due 2038 407 407 4.120 — Carlsbad Holdco, LLC, due 2038 197 205 4.210 5 CVSR, due 2037 627 652 2.339-3.775 — CVSR Holdco Notes, due 2037 160 169 4.680 12 DG-CS Master Borrower LLC, due 2040 413 441 3.510 30 El Segundo Energy Center, due 2023 — 193 L+1.875-2.500 80 Kawailoa Solar Portfolio LLC, due 2026 — 78 L+1.375 — Laredo Ridge, due 2028 — 72 L+2.125 — Marsh Landing, due 2023 19 84 L+2.375 45 Mililani I, due 2027 47 — L+1.500 6 NIMH Solar, due 2024 163 176 L+2.000 10 Oahu Solar Holdings LLC, due 2026 83 86 L+1.375 9 Rosie Class B LLC, due 2027 76 78 L+1.750 17 Tapestry Wind LLC, due 2031 — 85 L+1.375 — Utah Solar Holdings, due 2036 257 273 3.590 9 Viento Funding II, LLC, due 2023 and 2029 (d) 184 29 S+1.475 26 Waiawa, due 2023 and 2028 97 — L+1.000-1.250 10 Walnut Creek, due 2023 19 74 L+1.875 74 WCEP Holdings, LLC, due 2023 26 30 L+3.000 — Other 137 151 Various 200 Subtotal non-recourse project-level debt 4,745 5,073 Total debt 6,872 7,779 Less current maturities (324) (773) Less net debt issuance costs (61) (71) Add premiums (e) 4 4 Total long-term debt $ 6,491 $ 6,939 (a) As of December 31, 2022, L+ equals 3 month LIBOR plus x%, except Marsh Landing, due 2023, Waiawa, due 2023, and Walnut Creek, due 2023, where L+ equals 1 month LIBOR plus x%. (b) S+ equals SOFR, plus x% (c) Applicable rate is determined by the borrower leverage ratio, as defined in the credit agreement (d) Laredo Ridge, due 2028; Tapestry Wind LLC, due 2031; and Viento Funding II, LLC, due 2023 project-level debt were repaid on March 16, 2022 totaling $186 million and was replaced with $190 million in new project-level debt under Viento Funding II, LLC that was obtained on March 16, 2022 and is due in 2029, as discussed further below. (e) Premiums relate to the 2028 Senior Notes
Summary of Swaps Related to the Company's Project Level Debt	The following table summarizes the swaps, some of which are forward starting as indicated, related to the Company’s project level debt as of December 31, 2022: % of Principal Fixed Interest Rate Floating Interest Rate Notional Amount at December 31, 2022 (In millions) Effective Date Maturity Date Avra Valley 88 % 2.333 % 3-Month LIBOR $ 32 November 30, 2012 November 30, 2030 Alta Wind Asset Management 100 % 2.470 % 3-Month LIBOR 12 May 22, 2013 May 15, 2031 Borrego 100 % 0.476 % 3-Month LIBOR 6 June 30, 2020 December 31, 2024 Buckthorn Solar 81 % Various 3-Month LIBOR 96 February 28, 2018 December 31, 2041 Carlsbad Energy Holdings 100 % Various 3-Month LIBOR 115 Various September 30, 2027 Capistrano Wind Portfolio 95 % Various 3-Month LIBOR 148 Various Various Kansas South 75 % 2.368 % 6-Month LIBOR 14 June 28, 2013 December 31, 2030 Marsh Landing 100 % Various 3-Month LIBOR 19 June 28, 2013 June 30, 2023 Mililani I 94 % 2.041 % 3-Month LIBOR 44 September 30, 2022 September 30, 2042 NIMH Solar 100 % Various 3-Month LIBOR 163 September 30, 2020 Various Oahu Solar 96 % Various 3-Month LIBOR 80 November 30, 2019 October 31, 2040 Rosie Class B 95 % 1.446 % 3-Month LIBOR 73 December 31, 2020 Various South Trent 90 % 3.847 % 3-Month LIBOR 27 June 14, 2019 June 30, 2028 Viento Funding II 90 % 2.530 % 3-Month SOFR 165 Various Various Waiawa 50 % 2.088 % 3-Month LIBOR 48 December 31, 2022 December 31, 2042 Walnut Creek 94 % 3.543 % 3-Month LIBOR 18 June 28, 2013 May 31, 2023 WCEP Holdings 92 % 4.003 % 3-Month LIBOR 24 June 28, 2013 May 31, 2023 Total $ 1,084
Schedule of Annual Payments Based on the Maturities of NRG Yield's Debt	Annual Maturities Annual payments based on the maturities of the Company’s debt, for the years ending after December 31, 2022, are as follows: (In millions) 2023 (a) $ 421 2024 410 2025 382 2026 361 2027 399 Thereafter 4,899 Total $ 6,872 (a) At December 31, 2022, amount includes $97 million recorded in long-term debt on the Company’s consolidated balance sheet that is due in 2023 and is either being funded through long-term equity contributions or is converting to long-term debt.

Members' Equity (Tables)

Members' Equity (Tables)	12 Months Ended
	Dec. 31, 2022
Members' Equity [Abstract]
Schedule of Dividends Paid	The following table lists the distributions paid on the Company’s Class A, Class B, Class C and Class D units during the year ended December 31, 2022: Fourth Quarter 2022 Third Quarter 2022 Second Quarter 2022 First Quarter 2022 Distributions per Class A and Class B units $ 0.3672 $ 0.3604 $ 0.3536 $ 0.3468 Distributions per Class C and Class D units 0.3672 0.3604 0.3536 0.3468

Segment Reporting (Tables)

Segment Reporting (Tables)	12 Months Ended
	Dec. 31, 2022
Segment Reporting [Abstract]
Schedule of Revenue by Major Customers by Reporting Segments	The Company generated more than 10% of its revenues from the following customers for the years ended December 31, 2022, 2021 and 2020: 2022 2021 2020 Customer Conventional Renewables Conventional Renewables Conventional Renewables SCE 17% 17% 17% 16% 18% 16% PG&E 10% 15% 10% 13% 10% 8%
Schedule of Segment Reporting Information, by Segment	Year ended December 31, 2022 (In millions) Conventional Generation Renewables Thermal Corporate (a) Total Operating revenues $ 417 $ 696 $ 77 $ — $ 1,190 Cost of operations, exclusive of depreciation, amortization and accretion shown separately below 89 298 50 (2) 435 Depreciation, amortization and accretion 131 381 — — 512 Impairment losses — 16 — — 16 General and administrative — — 2 36 38 Transaction and integration costs — — — 7 7 Development costs — — 2 — 2 Total operating costs and expenses 220 695 54 41 1,010 Gain on sale of business — — — 1,292 1,292 Operating income 197 1 23 1,251 1,472 Equity in earnings of unconsolidated affiliates 3 26 — — 29 Other income, net 1 6 — 10 17 Loss on debt extinguishment — (2) — — (2) Interest expense (40) (87) (6) (99) (232) Income (loss) before income taxes 161 (56) 17 1,162 1,284 Income tax expense — 2 — — 2 Net Income (Loss) 161 (58) 17 1,162 1,282 Net Income Attributable to Clearway Energy LLC $ 161 $ 49 $ 17 $ 1,161 $ 1,388 Balance Sheet Equity investments in affiliates $ 82 $ 282 $ — $ — $ 364 Capital expenditures (b)(c) 11 33 11 1 56 Total Assets $ 2,251 $ 9,515 $ — $ 546 $ 12,312 (a) Includes eliminations (b) Includes accruals (c) Thermal capital expenditures, including accruals, prior to the sale of the Thermal Business on May 1, 2022. Year ended December 31, 2021 (In millions) Conventional Generation Renewables Thermal Corporate (a) Total Operating revenues $ 441 $ 641 $ 204 $ — $ 1,286 Cost of operations, exclusive of depreciation, amortization and accretion shown separately below 90 229 134 (2) 451 Depreciation, amortization and accretion 132 354 23 — 509 Impairment losses — 6 — — 6 General and administrative — — 4 34 38 Transaction and integration costs — — — 7 7 Development costs — — 4 2 6 Operating income (loss) 219 52 39 (41) 269 Equity in earnings of unconsolidated affiliates 6 26 — — 32 Other income, net — 2 1 — 3 Loss on debt extinguishment — (1) — (52) (53) Interest expense (53) (142) (18) (99) (312) Income (loss) before income taxes 172 (63) 22 (192) (61) Income tax expense — 2 — — 2 Net Income (Loss) 172 (65) 22 (192) (63) Net Income (Loss) Attributable to Clearway Energy LLC $ 172 $ 109 $ 22 $ (193) $ 110 Balance Sheet Equity investments in affiliates $ 86 $ 295 $ — $ — $ 381 Capital expenditures (b) 12 77 29 1 119 Total Assets $ 2,442 $ 9,603 $ 631 $ 42 $ 12,718 (a) Includes eliminations (b) Includes accruals Year ended December 31, 2020 (In millions) Conventional Generation Renewables Thermal Corporate (a) Total Operating revenues $ 437 $ 569 $ 193 $ — $ 1,199 Cost of operations, exclusive of depreciation, amortization and accretion shown separately below 90 147 131 (2) 366 Depreciation, amortization and accretion 132 264 32 — 428 Impairment losses — 24 — — 24 General and administrative — — 3 30 33 Transaction and integration costs — — — 9 9 Development costs — — 5 — 5 Operating income (loss) 215 134 22 (37) 334 Equity in earnings (losses) of unconsolidated affiliates 8 (1) — — 7 Impairment loss on investment — (8) — — (8) Gain on sale of unconsolidated affiliates — — — 49 49 Other income, net 1 4 — (1) 4 Loss on debt extinguishment — (21) — (3) (24) Interest expense (84) (216) (19) (95) (414) Net Income (Loss) 140 (108) 3 (87) (52) Net Income (Loss) Attributable to Clearway Energy LLC $ 140 $ 4 $ 3 $ (86) $ 61 (a) Includes eliminations

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Schedule of Lease Information and Expense	Lease expense for the years ended December 31, 2022, 2021 and 2020 was comprised of the following: (In millions) December 31, 2022 December 31, 2021 December 31, 2020 Operating lease cost - Fixed $ 36 $ 27 $ 19 Operating lease cost - Variable 11 15 9 Total lease cost $ 47 $ 42 $ 28 Operating lease information as of December 31, 2022 and 2021 was as follows: (In millions, except term and rate) December 31, 2022 December 31, 2021 Right-of-use assets - operating leases, net $ 527 $ 550 Short-term lease liability - operating leases (a) $ 6 $ 8 Long-term lease liability - operating leases 548 561 Total lease liabilities $ 554 $ 569 Weighted average remaining lease term (in years) 27 28 Weighted average discount rate 4.1 % 3.5 % Cash paid for operating leases $ 28 $ 26 (a) Short-term lease liability balances are included within the accrued expenses and other current liabilities line item of the consolidated balance sheets as of December 31, 2022 and 2021.
Maturities of Operating Lease Liabilities	Minimum future rental payments of operating lease liabilities as of December 31, 2022 are as follows: (In millions) 2023 $ 28 2024 30 2025 30 2026 31 2027 32 Thereafter 831 Total lease payments 982 Less imputed interest (428) Total lease liability - operating leases $ 554
Energy and Capacity Revenue	The following amounts of energy and capacity revenue are related to the Company’s operating leases: Conventional Generation Renewables Thermal Total December 31, 2022 (In millions) Energy revenue $ 6 $ 809 $ 1 $ 816 Capacity revenue 435 — — 435 Operating revenue $ 441 $ 809 $ 1 $ 1,251 Conventional Generation Renewables Thermal Total December 31, 2021 (In millions) Energy revenue $ 9 $ 716 $ 2 $ 727 Capacity revenue 455 — — 455 Operating revenue $ 464 $ 716 $ 2 $ 1,182 Conventional Generation Renewables Thermal Total December 31, 2020 (In millions) Energy revenue $ 10 $ 554 $ 2 $ 566 Capacity revenue 451 — — 451 Operating revenue $ 461 $ 554 $ 2 $ 1,017
Minimum Future Rent Payments Under the Operating Leases	Minimum future rent payments for the remaining periods related to the Conventional segment operating leases as of December 31, 2022 were as follows: (In millions) 2023 $ 261 2024 106 2025 107 2026 108 2027 109 Thereafter 1,281 Total lease payments $ 1,972
Property, Plant, and Equipment Net	Property, plant and equipment, net related to the Company’s operating leases were as follows: (In millions) December 31, 2022 December 31, 2021 Property, plant and equipment $ 8,630 $ 8,981 Accumulated depreciation (2,855) (2,827) Net property, plant and equipment $ 5,775 $ 6,154

Nature of Business - Narrative

Nature of Business - Narrative (Details) - MW		12 Months Ended
	Sep. 12, 2022	Dec. 31, 2022	May 01, 2022
Nature of Business
Power generation capacity, megawatts		8,000
Discontinued Operations, Disposed of by Sale | Thermal
Nature of Business
Percentage of assets ownership sold			100%
Conventional Generation, Utility-Scale Solar, Distributed Solar, and Wind
Nature of Business
Power generation capacity, megawatts		5,500
Generational Facilities and District Energy Systems
Nature of Business
Power generation capacity, megawatts		2,500
Clearway Energy LLC
Nature of Business
Ownership percentage		57.88%
Clearway Energy LLC | GIP
Nature of Business
Ownership percentage		57.65%
Voting interest		45.07%
Clearway Energy LLC | Shareholders
Nature of Business
Ownership percentage		42.35%
Voting interest		54.93%
CEG | Clearway Energy LLC
Nature of Business
Ownership percentage		42.12%
Global Infrastructure Partners | TotalEnergies
Nature of Business
Ownership percentage	50%

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details) - USD ($) $ in Millions		12 Months Ended
	Aug. 01, 2022	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	May 01, 2022
Summary of Significant Accounting Policies [Line Items]
Restricted cash		$ 339	$ 475
Deferred tax expense		2	2
Deferred tax liability		4	2
Contingent rental income		850	741	$ 589
Discontinued Operations, Disposed of by Sale | Kawailoa Solar Partnership LLC
Summary of Significant Accounting Policies [Line Items]
Percentage of assets ownership sold	100%
Removal of restricted cash	$ 7
Discontinued Operations, Disposed of by Sale | Thermal
Summary of Significant Accounting Policies [Line Items]
Percentage of assets ownership sold					100%
Prepaid Expenses and Other Current Assets | State and Local Jurisdiction
Summary of Significant Accounting Policies [Line Items]
Refundable tax credit receivable		27
PPA, refundable tax credit, aggregate amount utilized		26
Prepaid Expenses and Other Current Assets | State and Local Jurisdiction | Oahu Solar Partnership
Summary of Significant Accounting Policies [Line Items]
Refundable tax credit receivable			27
Prepaid Expenses and Other Current Assets | State and Local Jurisdiction | Kawailoa Solar Partnership LLC
Summary of Significant Accounting Policies [Line Items]
Refundable tax credit receivable			22
Project Level Subsidiaries
Summary of Significant Accounting Policies [Line Items]
Other cash and cash equivalents		121	$ 146
Long-Term Debt, Current
Summary of Significant Accounting Policies [Line Items]
Restricted cash		55
Debt Service Obligations
Summary of Significant Accounting Policies [Line Items]
Restricted cash		105
Cash Distribution
Summary of Significant Accounting Policies [Line Items]
Restricted cash		70
Operating Funds
Summary of Significant Accounting Policies [Line Items]
Restricted cash		$ 109

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Cash and Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Cash and cash equivalents	$ 657	$ 179
Restricted cash	339	475
Cash, cash equivalents and restricted cash shown in the consolidated statements of cash flows	$ 996	$ 654	$ 465	$ 414

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Disaggregated Revenues (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Operating revenues	$ 1,190	$ 1,286	$ 1,199
Total operating revenues	1,190	1,286	1,199
Less: Lease revenue	(850)	(741)	(589)
Conventional | Energy Revenue
Disaggregation of Revenue [Line Items]
Less: Lease revenue	(6)	(9)	(10)
Conventional | Capacity Revenue
Disaggregation of Revenue [Line Items]
Less: Lease revenue	(435)	(455)	(451)
Renewables | Energy Revenue
Disaggregation of Revenue [Line Items]
Less: Lease revenue	(809)	(716)	(554)
Renewables | Capacity Revenue
Disaggregation of Revenue [Line Items]
Less: Lease revenue	0	0	0
Thermal | Energy Revenue
Disaggregation of Revenue [Line Items]
Less: Lease revenue	(1)	(2)	(2)
Thermal | Capacity Revenue
Disaggregation of Revenue [Line Items]
Less: Lease revenue	0	0	0
Operating Segments
Disaggregation of Revenue [Line Items]
Operating revenues	1,190	1,286	1,199
Contract amortization	(175)	(144)	(88)
Mark-to-market for economic hedges	(182)	(87)
Total operating revenues	1,190	1,286	1,199
Less: Contract amortization	175	144	88
Less: Mark-to-market for economic hedges	182	87
Less: Lease revenue	(1,251)	(1,182)	(1,017)
Total revenue from contracts with customers	296	335	270
Operating Segments | Energy Revenue
Disaggregation of Revenue [Line Items]
Operating revenues	1,010	915	720
Total operating revenues	1,010	915	720
Operating Segments | Capacity Revenue
Disaggregation of Revenue [Line Items]
Operating revenues	455	510	514
Total operating revenues	455	510	514
Operating Segments | Other Revenues
Disaggregation of Revenue [Line Items]
Operating revenues	82	92	53
Total operating revenues	82	92	53
Operating Segments | Conventional
Disaggregation of Revenue [Line Items]
Operating revenues	417	441	437
Contract amortization	(24)	(23)	(24)
Mark-to-market for economic hedges	0	0
Total operating revenues	417	441	437
Less: Contract amortization	24	23	24
Less: Mark-to-market for economic hedges	0	0
Less: Lease revenue	(441)	(464)	(461)
Total revenue from contracts with customers	0	0	0
Operating Segments | Conventional | Energy Revenue
Disaggregation of Revenue [Line Items]
Operating revenues	6	9	10
Total operating revenues	6	9	10
Operating Segments | Conventional | Capacity Revenue
Disaggregation of Revenue [Line Items]
Operating revenues	435	455	451
Total operating revenues	435	455	451
Operating Segments | Conventional | Other Revenues
Disaggregation of Revenue [Line Items]
Operating revenues	0	0	0
Total operating revenues	0	0	0
Operating Segments | Renewables
Disaggregation of Revenue [Line Items]
Operating revenues	696	641	569
Contract amortization	(151)	(118)	(61)
Mark-to-market for economic hedges	(182)	(87)
Total operating revenues	696	641	569
Less: Contract amortization	151	118	61
Less: Mark-to-market for economic hedges	182	87
Less: Lease revenue	(809)	(716)	(554)
Total revenue from contracts with customers	220	130	76
Operating Segments | Renewables | Energy Revenue
Disaggregation of Revenue [Line Items]
Operating revenues	956	784	609
Total operating revenues	956	784	609
Operating Segments | Renewables | Capacity Revenue
Disaggregation of Revenue [Line Items]
Operating revenues	2	2	0
Total operating revenues	2	2	0
Operating Segments | Renewables | Other Revenues
Disaggregation of Revenue [Line Items]
Operating revenues	71	60	21
Total operating revenues	71	60	21
Operating Segments | Thermal
Disaggregation of Revenue [Line Items]
Operating revenues	77	204	193
Contract amortization	0	(3)	(3)
Mark-to-market for economic hedges	0	0
Total operating revenues	77	204	193
Less: Contract amortization	0	3	3
Less: Mark-to-market for economic hedges	0	0
Less: Lease revenue	(1)	(2)	(2)
Total revenue from contracts with customers	76	205	194
Operating Segments | Thermal | Energy Revenue
Disaggregation of Revenue [Line Items]
Operating revenues	48	122	101
Total operating revenues	48	122	101
Operating Segments | Thermal | Capacity Revenue
Disaggregation of Revenue [Line Items]
Operating revenues	18	53	63
Total operating revenues	18	53	63
Operating Segments | Thermal | Other Revenues
Disaggregation of Revenue [Line Items]
Operating revenues	11	32	32
Total operating revenues	$ 11	$ 32	$ 32

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Contract Balances (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Accounts receivable, net	$ 153	$ 144
Customer Contracts
Disaggregation of Revenue [Line Items]
Accounts receivable, net	37	44
Lease Agreements
Disaggregation of Revenue [Line Items]
Accounts receivable, net	$ 116	$ 100

Summary of Significant Accoun_8

Summary of Significant Accounting Policies - Asset Retirement Obligation (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)
Asset Retirement Obligation, Roll Forward Analysis [Roll Forward]
Balance as of December 31, 2021	$ 146
Liabilities incurred	6
Liabilities settled	(5)
Accretion expense	10
Balance as of December 31, 2022	$ 157

Summary of Significant Accoun_9

Summary of Significant Accounting Policies -Redeemable Noncontrolling Interests (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)
Increase (Decrease) in Temporary Equity [Roll Forward]
Balance at December 31, 2021	$ 0
Cash distributions to redeemable noncontrolling interests	(4)
Comprehensive income attributable to redeemable noncontrolling interests	11
Balance at December 31, 2022	$ 7

Acquisitions and Dispositions -

Acquisitions and Dispositions - Narrative (Details) $ in Millions

1 Months Ended

12 Months Ended

Feb. 13, 2023 USD ($) MW

Dec. 07, 2022 USD ($)

Oct. 03, 2022 USD ($) MW

Aug. 22, 2022 USD ($) project MW

Aug. 01, 2022 USD ($)

May 01, 2022 USD ($)

Mar. 25, 2022 USD ($) MW

Dec. 29, 2021 USD ($) MW

Dec. 17, 2021 USD ($) MW

Dec. 01, 2021 USD ($) farm MW

Apr. 23, 2021 USD ($) MW

Feb. 03, 2021 USD ($) MW

Jan. 12, 2021 USD ($) MW

Feb. 28, 2022 USD ($)

Dec. 31, 2022 USD ($) MW

Dec. 31, 2020 USD ($)

Dec. 31, 2021

Feb. 02, 2021

Business Acquisition [Line Items]

Power generation capacity, megawatts | MW

8,000

Payments to fund project reserve accounts

$ 29

Payments for other fees

5

Mesquite Star

Business Acquisition [Line Items]

Removed related noncontrolling interest balance

$ (361)

Mesquite Star | Noncontrolling Interest

Business Acquisition [Line Items]

Removed related noncontrolling interest balance

$ (346)

CEG

Business Acquisition [Line Items]

Proceeds from noncontrolling interests

$ 61

103

Tax Equity Investors

Business Acquisition [Line Items]

Proceeds from noncontrolling interests

$ 107

Kawailoa Solar Partnership LLC | Discontinued Operations, Disposed of by Sale

Business Acquisition [Line Items]

Percentage of assets ownership sold

100%

Proceeds from sale of business

$ 9

Removal of noncontrolling interest

$ 69

Thermal | Discontinued Operations, Disposed of by Sale

Business Acquisition [Line Items]

Percentage of assets ownership sold

100%

Proceeds from sale of business

$ 1,460

Transaction expenses

18

Gain on sale of assets

$ 1,290

Disposition, property, plant and equipment, percent

78%

Disposition, intangible assets, percent

9%

Disposition, liabilities held for sale, percent

85%

Kawailoa Solar Project | Third Party Investor

Business Acquisition [Line Items]

Ownership interest

49%

49%

Kawailoa Solar Project | Kawailoa Solar Partnership LLC

Business Acquisition [Line Items]

Ownership interest

51%

51%

Daggett 3 Drop Down | Alternative Energy | Lighthouse Renewable Holdco LLC | Lighthouse Renewable Holdco LLC | Subsequent Event

Business Acquisition [Line Items]

Power generation capacity, megawatts | MW

300

Payments for asset acquisition

$ 21

Daggett 3 Drop Down | Alternative Energy | Lighthouse Renewable Holdco LLC | Third Party Investor | Lighthouse Renewable Holdco LLC | Subsequent Event

Business Acquisition [Line Items]

Payments for asset acquisition

$ 129

Waiawa Drop Down

Business Acquisition [Line Items]

Asset acquisition consideration

$ 20

Net assets acquired less noncontrolling interest

(1)

Long-term debt

102

Expected contributions upon substantial completion

41

Waiawa Drop Down | Construction Loans

Business Acquisition [Line Items]

Long-term debt

22

Waiawa Drop Down | Tax Equity Investors

Business Acquisition [Line Items]

Proceeds from noncontrolling interests

$ 17

Waiawa Drop Down | Alternative Energy | Lighthouse Renewable Holdco LLC | Lighthouse Renewable Holdco LLC

Business Acquisition [Line Items]

Power generation capacity, megawatts | MW

36

Payments for asset acquisition

$ 20

Power purchase agreement period (in years)

20 years

Waiawa Drop Down | Alternative Energy | Lighthouse Renewable Holdco LLC | Lighthouse Renewable Holdco LLC | Subsequent Event

Business Acquisition [Line Items]

Power purchase agreement period (in years)

15 years

Waiawa Drop Down | Alternative Energy | Lighthouse Renewable Holdco LLC | Third Party Investor | Lighthouse Renewable Holdco LLC

Business Acquisition [Line Items]

Payments for asset acquisition

$ 12

Capistrano Wind Portfolio Drop Down

Business Acquisition [Line Items]

Power generation capacity, megawatts | MW

413

Power purchase agreement period (in years)

9 years

Asset acquisition consideration

$ 255

Asset acquisition, purchase price adjustments, amount

16

Net assets acquired less noncontrolling interest

250

Long-term debt

162

Capistrano Wind Portfolio Drop Down | Clearway Energy LLC

Business Acquisition [Line Items]

Development fees

10

Capistrano Wind Portfolio Drop Down | Wind Power Generation and Storage

Business Acquisition [Line Items]

Payments for asset acquisition, net of purchase price adjustments

239

Net assets acquired less noncontrolling interest

250

Capistrano Wind Portfolio Drop Down | Wind Power Generation and Storage | CEG | Noncontrolling Interest

Business Acquisition [Line Items]

Net assets acquired less noncontrolling interest

$ 4

Capistrano Wind Portfolio Drop Down | Wind Power Generation and Storage | Clearway Energy LLC

Business Acquisition [Line Items]

Number of projects acquired | project

5

Mililani I Drop Down

Business Acquisition [Line Items]

Asset acquisition consideration

$ 22

Net assets acquired less noncontrolling interest

(8)

Long-term debt

100

Mililani I Drop Down | Tax Equity Bridge Loan

Business Acquisition [Line Items]

Long-term debt

$ 60

60

Mililani I Drop Down | Construction Loans

Business Acquisition [Line Items]

Long-term debt

16

Mililani I Drop Down | CEG

Business Acquisition [Line Items]

Payments for other fees

4

2

Removed related noncontrolling interest balance

11

Mililani I Drop Down | Tax Equity Investors

Business Acquisition [Line Items]

Payments to fund project reserve accounts

$ 16

15

Proceeds from noncontrolling interests

$ 18

$ 18

Mililani I Drop Down | Alternative Energy | Lighthouse Renewable Holdco LLC | Lighthouse Renewable Holdco LLC

Business Acquisition [Line Items]

Power generation capacity, megawatts | MW

39

Payments for asset acquisition

$ 22

Power purchase agreement period (in years)

20 years

Mililani I Drop Down | Alternative Energy | Lighthouse Renewable Holdco LLC | Third Party Investor | Lighthouse Renewable Holdco LLC

Business Acquisition [Line Items]

Payments for asset acquisition

$ 14

Black Rock Drop Down

Business Acquisition [Line Items]

Power generation capacity, megawatts | MW

115

Power purchase agreement period (in years)

15 years

Asset acquisition consideration

$ 60

Net assets acquired less noncontrolling interest

19

Payments to fund project reserve accounts

37

Long-term debt

186

Proceeds from noncontrolling interests

190

Payments for other fees

4

Payments to acquire productive assets

37

$ 23

Black Rock Drop Down | CEG

Business Acquisition [Line Items]

Proceeds from noncontrolling interests

61

Black Rock Drop Down | CEG | Noncontrolling Interest

Business Acquisition [Line Items]

Contributions from CEG, non-cash

$ 133

Black Rock Drop Down | Tax Equity Investors

Business Acquisition [Line Items]

Proceeds from noncontrolling interests

$ 56

Mesquite Sky Drop Down

Business Acquisition [Line Items]

Power purchase agreement period (in years)

12 years

Asset acquisition consideration

$ 61

Net assets acquired less noncontrolling interest

(7)

Payments to fund project reserve accounts

61

Long-term debt

355

Proceeds from noncontrolling interests

409

Payments for other fees

1

Mesquite Sky Drop Down | CEG

Business Acquisition [Line Items]

Net assets acquired less noncontrolling interest

53

Mesquite Sky Drop Down | CEG | Noncontrolling Interest

Business Acquisition [Line Items]

Contributions from CEG, non-cash

$ 52

Mesquite Sky Drop Down | Tax Equity Investors

Business Acquisition [Line Items]

Proceeds from noncontrolling interests

$ 241

Mesquite Sky Drop Down | Wind Power Generation

Business Acquisition [Line Items]

Power generation capacity, megawatts | MW

340

Utah Solar Portfolio

Business Acquisition [Line Items]

Power generation capacity, megawatts | MW

530

Power purchase agreement period (in years)

20 years

Asset acquisition consideration

$ 335

Asset acquisition, purchase price adjustments, amount

5

Payments for asset acquisition, net of purchase price adjustments

330

Net assets acquired less noncontrolling interest

$ 330

Percentage equity interests acquired

50%

Number of utility-scale solar farms | farm

7

Cash acquired from acquisition

$ 8

Asset acquisition, net cash outlfow

$ 322

Utah Solar Portfolio | PacifiCorp

Business Acquisition [Line Items]

Power purchase remaining agreement period

15 years

Utah Solar Portfolio | Clearway Energy, Inc.

Business Acquisition [Line Items]

Ownership interest

100%

Mount Storm Wind

Business Acquisition [Line Items]

Net assets acquired less noncontrolling interest

$ 100

Payments to acquire productive assets

$ 100

Percentage equity interests acquired

100%

Power purchase remaining agreement period

10 years

Gross consideration for asset acquisition

$ 96

Asset acquisition, consideration transferred, working capital and purchase price adjustments

$ 4

Mount Storm Wind | Wind Power Generation

Business Acquisition [Line Items]

Power generation capacity, megawatts | MW

264

Agua Caliente

Business Acquisition [Line Items]

Power generation capacity, megawatts | MW

290

Power purchase agreement period (in years)

25 years

Asset acquisition consideration

$ 202

Net assets acquired less noncontrolling interest

202

Long-term debt

$ 5

Percentage equity interests acquired

35%

Power purchase remaining agreement period

17 years

Asset acquisition, cash and cash equivalents and restricted Cash

$ 91

Payments for asset acquisition, net cash outflow

$ 111

Agua Caliente | Clearway Energy, Inc.

Business Acquisition [Line Items]

Ownership interest

51%

Equity interest (percent)

16%

Agua Caliente | Third Party Investor

Business Acquisition [Line Items]

Third party ownership interest (percent)

49%

Rattlesnake

Business Acquisition [Line Items]

Power purchase agreement period (in years)

20 years

Asset acquisition consideration

$ 132

$ 132

Net assets acquired less noncontrolling interest

14

Long-term debt

176

Proceeds from noncontrolling interests

$ 210

Rattlesnake | Wind Power Generation

Business Acquisition [Line Items]

Power generation capacity, megawatts | MW

160

Power generation capacity, deliverable, megawatts | MW

144

Acquisitions and Dispositions_2

Acquisitions and Dispositions - Summary of Assets and Liabilities Transferred (Details) - USD ($) $ in Millions											12 Months Ended
	Dec. 07, 2022	Oct. 03, 2022	Aug. 22, 2022	Mar. 25, 2022	Dec. 29, 2021	Dec. 17, 2021	Dec. 01, 2021	Apr. 23, 2021	Feb. 03, 2021	Jan. 12, 2021	Dec. 31, 2022	Mar. 10, 2022
Business Acquisition [Line Items]
Payments to fund project reserve accounts										$ 29
Payments for other fees										5
Tax Equity Investors
Business Acquisition [Line Items]
Proceeds from noncontrolling interests										107
CEG
Business Acquisition [Line Items]
Proceeds from noncontrolling interests					$ 61					103
Waiawa Drop Down
Business Acquisition [Line Items]
Property, plant and equipment		$ 118
Other current assets		7
Total assets acquired		125
Long-term debt		102
Other current and non-current liabilities		24
Total liabilities assumed		126
Net assets acquired less noncontrolling interest		(1)
Unamortized debt issuance costs												$ 1
Expected contributions upon substantial completion		41
Asset acquisition consideration		20
Waiawa Drop Down | Construction Loans
Business Acquisition [Line Items]
Long-term debt		22
Waiawa Drop Down | Sponsor Equity Bridge Loan
Business Acquisition [Line Items]
Long-term debt		26
Waiawa Drop Down | Tax Equity Investors
Business Acquisition [Line Items]
Proceeds from noncontrolling interests		17
Capistrano Wind Portfolio Drop Down
Business Acquisition [Line Items]
Restricted cash			$ 4
Property, plant and equipment			147
Intangible assets for power purchase agreements			237
Other current assets			39
Right-of-use assets			27
Total assets acquired			450
Long-term debt			162
Long-term lease liabilities			28
Other current and non-current liabilities			10
Total liabilities assumed			200
Net assets acquired less noncontrolling interest			250
Cash and cash equivalents			12
Asset acquisition consideration			$ 255
Mililani I Drop Down
Business Acquisition [Line Items]
Property, plant and equipment				$ 118
Other current assets				2
Right-of-use assets				19
Total assets acquired				139
Long-term debt				100
Long-term lease liabilities				20
Other current and non-current liabilities				27
Total liabilities assumed				147
Net assets acquired less noncontrolling interest				(8)
Unamortized debt issuance costs				3
Asset acquisition consideration				22
Mililani I Drop Down | Construction Loans
Business Acquisition [Line Items]
Long-term debt				16
Mililani I Drop Down | Sponsor Equity Bridge Loan
Business Acquisition [Line Items]
Long-term debt				27
Mililani I Drop Down | Tax Equity Bridge Loan
Business Acquisition [Line Items]
Long-term debt	$ 60			60
Mililani I Drop Down | Tax Equity Investors
Business Acquisition [Line Items]
Payments to fund project reserve accounts		$ 16		15
Proceeds from noncontrolling interests	18			18
Mililani I Drop Down | Tax Equity Investors | Sponsor Equity Bridge Loan
Business Acquisition [Line Items]
Repayment of debt, acquired in asset acquisition				14
Mililani I Drop Down | CEG
Business Acquisition [Line Items]
Payments for other fees	$ 4			$ 2
Black Rock Drop Down
Business Acquisition [Line Items]
Current assets					36
Restricted cash					35
Property, plant and equipment					178
Right-of-use assets					7
Other non-current assets					2
Total assets acquired					223
Long-term debt					186
Long-term lease liabilities					7
Other current and non-current liabilities					11
Total liabilities assumed					204
Net assets acquired less noncontrolling interest					19
Repayment of debt, acquired in asset acquisition					186
Payments to fund project reserve accounts					37
Proceeds from noncontrolling interests					190
Payments for other fees					4
Asset acquisition consideration					60
Black Rock Drop Down | Tax Equity Investors
Business Acquisition [Line Items]
Proceeds from noncontrolling interests					56
Black Rock Drop Down | Cash Equity Investor
Business Acquisition [Line Items]
Proceeds from noncontrolling interests					36
Black Rock Drop Down | CEG
Business Acquisition [Line Items]
Total liabilities assumed					83
Proceeds from noncontrolling interests					61
Black Rock Drop Down | CEG | Noncontrolling Interest
Business Acquisition [Line Items]
Contributions from CEG, non-cash											$ 133
Black Rock Drop Down | Tax Equity and Cash Equity Investors
Business Acquisition [Line Items]
Escrow amount					59
Mesquite Sky Drop Down
Business Acquisition [Line Items]
Current assets						$ 46
Restricted cash						44
Property, plant and equipment						377
Right-of-use assets						45
Other non-current assets						7
Total assets acquired						475
Long-term debt						355
Long-term lease liabilities						45
Derivative instruments						43
Other current and non-current liabilities						39
Total liabilities assumed						482
Net assets acquired less noncontrolling interest						(7)
Repayment of debt, acquired in asset acquisition						355
Payments to fund project reserve accounts						61
Proceeds from noncontrolling interests						409
Payments for other fees						1
Asset acquisition consideration						61
Mesquite Sky Drop Down | Tax Equity Investors
Business Acquisition [Line Items]
Proceeds from noncontrolling interests						241
Mesquite Sky Drop Down | Cash Equity Investor
Business Acquisition [Line Items]
Proceeds from noncontrolling interests						107
Mesquite Sky Drop Down | CEG
Business Acquisition [Line Items]
Total liabilities assumed					$ 6
Net assets acquired less noncontrolling interest						$ 53
Mesquite Sky Drop Down | CEG | Noncontrolling Interest
Business Acquisition [Line Items]
Contributions from CEG, non-cash											52
Mesquite Sky Drop Down | Tax Equity and Cash Equity Investors
Business Acquisition [Line Items]
Escrow amount											$ 5
Utah Solar Portfolio
Business Acquisition [Line Items]
Current assets							$ 20
Property, plant and equipment							258
Intangible assets for power purchase agreements							302
Right-of-use assets							163
Other non-current assets							4
Total assets acquired							747
Other current and non-current liabilities							24
Long-term lease liabilities							163
Total liabilities assumed							187
Equity method investment removed							(230)
Net assets acquired less noncontrolling interest							330
Asset acquisition consideration							335
Mount Storm Wind
Business Acquisition [Line Items]
Current assets								$ 3
Property, plant and equipment								108
Other non-current assets								2
Total assets acquired								113
Other current and non-current liabilities								4
Derivative instruments								9
Total liabilities assumed								13
Net assets acquired less noncontrolling interest								$ 100
Agua Caliente
Business Acquisition [Line Items]
Restricted cash									$ 91
Property, plant and equipment									154
Other current assets									9
Other non-current assets									1,022
Total assets acquired									1,276
Long-term debt									5
Other current and non-current liabilities									716
Total liabilities assumed									721
Noncontrolling interest									273
Equity method investment removed									(80)
Net assets acquired less noncontrolling interest									202
Asset acquisition consideration									$ 202
Rattlesnake
Business Acquisition [Line Items]
Current assets										8
Property, plant and equipment										200
Right-of-use assets										12
Total assets acquired										220
Long-term debt										176
Long-term lease liabilities										12
Other current and non-current liabilities										18
Total liabilities assumed										206
Net assets acquired less noncontrolling interest										14
Repayment of debt, acquired in asset acquisition										176
Proceeds from noncontrolling interests										210
Asset acquisition consideration							$ 132			$ 132

Property, Plant and Equipment_2

Property, Plant and Equipment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 10,445	$ 10,151
Accumulated depreciation	(3,024)	(2,501)
Net property, plant and equipment	7,421	7,650
Prepaid long-term service agreement	17	15
Depreciation expense	502	499	$ 420
Repowering Partnership LLC
Property, Plant and Equipment [Line Items]
Depreciation expense		34
Facilities and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 9,992	9,747
Facilities and equipment | Minimum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Facilities and equipment | Maximum
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	40 years
Land and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 293	320
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment	$ 160	$ 84

Investments Accounted for by _3

Investments Accounted for by the Equity Method and Variable Interest Entities - Maximum Exposure to Loss Limited to Equity method investments (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Schedule of Equity Method Investments [Line Items]
Equity investments in affiliates	$ 364	$ 381
Avenal
Schedule of Equity Method Investments [Line Items]
Economic Interest	50%
Equity investments in affiliates	$ 9
Desert Sunlight
Schedule of Equity Method Investments [Line Items]
Economic Interest	25%
Equity investments in affiliates	$ 235
Elkhorn Ridge
Schedule of Equity Method Investments [Line Items]
Economic Interest	66.70%
Equity investments in affiliates	$ 22
Gen Conn
Schedule of Equity Method Investments [Line Items]
Economic Interest	50%
Equity investments in affiliates	$ 82
San Juan Mesa
Schedule of Equity Method Investments [Line Items]
Economic Interest	75%
Equity investments in affiliates	$ 16

Investments Accounted for by _4

Investments Accounted for by the Equity Method and Variable Interest Entities - Narrative (Details) - USD ($) $ in Millions				12 Months Ended
	Aug. 22, 2022	Aug. 01, 2022	Jun. 30, 2015	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Schedule of Equity Method Investments [Line Items]
Retained earnings, undistributed earnings from equity method investees				$ 19	$ 14
Payments to acquire equity method investments				0	$ 0	$ 11
Asset acquisition, long-term debt				$ 6,872
Discontinued Operations, Disposed of by Sale | Kawailoa Solar Partnership LLC
Schedule of Equity Method Investments [Line Items]
Percentage of assets ownership sold		100%
Capistrano Wind Portfolio Drop Down
Schedule of Equity Method Investments [Line Items]
Net assets acquired less noncontrolling interest	$ 250
Kawailoa Solar Partnership LLC | Kawailoa Solar Project
Schedule of Equity Method Investments [Line Items]
Ownership interest		51%		51%
Third Party Investor | Kawailoa Solar Project
Schedule of Equity Method Investments [Line Items]
Ownership interest		49%		49%
Desert Sunlight
Schedule of Equity Method Investments [Line Items]
Payments to acquire equity method investments			$ 285
Asset acquisition, consideration transferred, working capital and purchase price adjustments			$ 181
Asset Acquisition Carrying Value Basis Difference				$ 129
Asset acquisition, long-term debt				$ 325
Economic Interest				25%

Investments Accounted for by _5

Investments Accounted for by the Equity Method and Variable Interest Entities - Summarized Financial Information of Equity Method Investments (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 01, 2021	Feb. 03, 2021
Schedule of Equity Method Investments [Line Items]
Operating revenues	$ 1,190	$ 1,286	$ 1,199
Operating Income	1,472	269	334
Net income	1,282	(63)	(52)
Assets, Current	1,276	1,531
Current liabilities	602	1,635
Non-current liabilities	7,543	7,866
GenConn
Schedule of Equity Method Investments [Line Items]
Operating revenues	50	55	60
Operating Income	16	22	26
Net income	7	13	17
Assets, Current	39	38
Non-current assets	312	328
Current liabilities	16	15
Non-current liabilities	170	178
Desert Sunlight
Schedule of Equity Method Investments [Line Items]
Operating revenues	203	205	209
Operating Income	137	146	142
Net income	114	112	88
Assets, Current	79	131
Non-current assets	1,175	1,228
Current liabilities	61	64
Non-current liabilities	824	904
Other
Schedule of Equity Method Investments [Line Items]
Operating revenues	52	49	299
Operating Income	18	16	138
Net income	15	13	$ 60
Assets, Current	22	26
Non-current assets	157	172
Current liabilities	12	24
Non-current liabilities	$ 91	$ 98
Agua Caliente
Schedule of Equity Method Investments [Line Items]
Additional equity method investment interests acquired					35%
Utah Solar Portfolio
Schedule of Equity Method Investments [Line Items]
Additional equity method investment interests acquired				50%

Investments Accounted for by _6

Investments Accounted for by the Equity Method and Variable Interest Entities - VIEs that are Consolidated (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	$ 3,615	$ 3,537
Property, plant and equipment, net	7,421	7,650
Intangible assets	2,565	2,499
Total assets	12,312	12,718
Total Liabilities	8,145	$ 9,501
Alta TE Holdco
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	51
Property, plant and equipment, net	306
Intangible assets	200
Total assets	557
Total Liabilities	38
Noncontrolling Interest	39
Net assets less noncontrolling interests	480
Buckthorn Holdings, LLC
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	2
Property, plant and equipment, net	194
Intangible assets	0
Total assets	196
Total Liabilities	11
Noncontrolling Interest	29
Net assets less noncontrolling interests	156
DGPV Holdco 3
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	75
Property, plant and equipment, net	493
Intangible assets	14
Total assets	582
Total Liabilities	66
Noncontrolling Interest	13
Net assets less noncontrolling interests	503
Langford TE Partnership LLC
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	13
Property, plant and equipment, net	123
Intangible assets	2
Total assets	138
Total Liabilities	53
Noncontrolling Interest	59
Net assets less noncontrolling interests	26
Lighthouse Renewable Holdco LLC
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	134
Property, plant and equipment, net	828
Intangible assets	0
Total assets	962
Total Liabilities	364
Noncontrolling Interest	487
Net assets less noncontrolling interests	111
Lighthouse Renewable Holdco 2 LLC
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	49
Property, plant and equipment, net	358
Intangible assets	0
Total assets	407
Total Liabilities	134
Noncontrolling Interest	230
Net assets less noncontrolling interests	43
Oahu Solar LLC
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	39
Property, plant and equipment, net	164
Intangible assets	0
Total assets	203
Total Liabilities	22
Noncontrolling Interest	26
Net assets less noncontrolling interests	155
Pinnacle Repowering TE Holdco
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	9
Property, plant and equipment, net	102
Intangible assets	16
Total assets	127
Total Liabilities	5
Noncontrolling Interest	43
Net assets less noncontrolling interests	79
Rattlesnake TE Holdco LLC
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	13
Property, plant and equipment, net	185
Intangible assets	0
Total assets	198
Total Liabilities	17
Noncontrolling Interest	91
Net assets less noncontrolling interests	90
Rosie TargetCo LLC
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	43
Property, plant and equipment, net	238
Intangible assets	0
Total assets	281
Total Liabilities	101
Noncontrolling Interest	133
Net assets less noncontrolling interests	47
Wildorado TE Holdco
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	20
Property, plant and equipment, net	209
Intangible assets	0
Total assets	229
Total Liabilities	18
Noncontrolling Interest	110
Net assets less noncontrolling interests	101
Other Consolidated Variable Interest Entities
Schedule of Equity Method Investments [Line Items]
Other current and non-current assets	15
Property, plant and equipment, net	154
Intangible assets	1
Total assets	170
Total Liabilities	69
Noncontrolling Interest	70
Net assets less noncontrolling interests	$ 31

Fair Value of Financial Instr_3

Fair Value of Financial Instruments - Balance Sheet Grouping and Debt (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Carrying Amount
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt — affiliate	$ 2	$ 1
Long-term debt, including current portion — external	6,874	7,782
Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt — affiliate	2	1
Long-term debt, including current portion — external	6,288	7,997
Level 2 | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current portion — external	1,836	2,160
Level 3 | Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt, including current portion — external	$ 4,454	$ 5,838

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Recurring Fair Value (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	$ 89	$ 6
Derivative liabilities	353	242
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Change in unrealized losses included in earnings for derivatives and other financial instruments held as of December 31,	$ 33	$ 22	$ 2
Fair Value, Net Derivative Asset (Liability), Recurring Basis, Unobservable Input Reconciliation, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Derivative instruments	Derivative instruments
Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	$ 89	$ 6
Derivative liabilities		63
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Change in unrealized losses included in earnings for derivatives and other financial instruments held as of December 31,	100	53	(38)
Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	353	179
Recurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial instruments	0	0
Assets, Fair Value Disclosure	89	6
Derivative liabilities	0	63
Recurring | Level 2 | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	89	6
Derivative liabilities	0	63
Recurring | Level 2 | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	0	0
Recurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial instruments	17	25
Assets, Fair Value Disclosure	17	25
Derivative liabilities	353	179
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation [Roll Forward]
Beginning balance	(154)	(15)
Settlements	61	60
Contracts acquired	0	(52)
Contracts acquired	0	52
Additions due to loss of NPNS exception	(22)	0
Total losses for the period included in earnings	(221)	(147)
Ending balance	(336)	(154)	$ (15)
Change in unrealized losses included in earnings for derivatives and other financial instruments held as of December 31,	(221)	(147)
Recurring | Level 3 | Interest rate contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets	0	0
Derivative liabilities	0	0
Recurring | Level 3 | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative liabilities	$ 353	$ 179

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Narrative (Details) $ in Millions	Dec. 31, 2022 USD ($)
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]
Percent of derivative liabilities using level 3 fair value inputs	100%
Fair value assets, measured on recurring basis, valuation techniques, impact of credit reserve to fair value	$ 40
Other Financial Instrument
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]
Percent of Other Financial Instrument Liabilities Using Level 3 Fair Value Inputs	100%

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Significant Unobservable Inputs (Details) - Recurring - Level 3 $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) $ / MWh MWh	Dec. 31, 2021 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial instruments | $	$ 17	$ 25
Energy Related Derivative
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability | $	$ (353)
Minimum | Forecast Annual Generation Levels Of Certain DG Solar Facilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial assets, measurement input | MWh	58,539
Minimum | Energy Related Derivative | Measurement Input, Commodity Forward Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset, measurement input | $ / MWh	21.25
Maximum | Forecast Annual Generation Levels Of Certain DG Solar Facilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial assets, measurement input | MWh	117,078
Maximum | Energy Related Derivative | Measurement Input, Commodity Forward Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset, measurement input | $ / MWh	100.66
Weighted Average | Forecast Annual Generation Levels Of Certain DG Solar Facilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other financial assets, measurement input | MWh	112,897
Weighted Average | Energy Related Derivative | Measurement Input, Commodity Forward Price
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative asset, measurement input | $ / MWh	41.09

Accounting for Derivative Ins_3

Accounting for Derivative Instruments and Hedging Activities - Volume Buy/Sell of Company's Open Derivative Transactions (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) MWh MMBTU	Dec. 31, 2021 USD ($) MWh MMBTU
Derivative [Line Items]
Derivative notional amount	$ 1,084
Natural Gas | Commodity
Derivative [Line Items]
Notional amount, energy measure | MMBTU	0	2
Power | Commodity
Derivative [Line Items]
Notional amount, energy measure | MWh	18	17
Interest | Interest Rate Swap
Derivative [Line Items]
Derivative notional amount	$ 1,084	$ 1,326

Accounting for Derivative Ins_4

Accounting for Derivative Instruments and Hedging Activities - Notional Amount and FV of Derivatives (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Derivatives, Fair Value [Line Items]
Derivative assets	$ 89	$ 6
Derivative liabilities	353	242
Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative assets	25	2
Derivative liabilities	0	8
Designated as Hedging Instrument | Interest Rate Contract Current
Derivatives, Fair Value [Line Items]
Derivative assets	7	0
Derivative liabilities	0	5
Designated as Hedging Instrument | Interest Rate Contract Non Current
Derivatives, Fair Value [Line Items]
Derivative assets	18	2
Derivative liabilities	0	3
Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Derivative assets	64	4
Derivative liabilities	353	234
Not Designated as Hedging Instrument | Interest Rate Contract Current
Derivatives, Fair Value [Line Items]
Derivative assets	19	0
Derivative liabilities	0	17
Not Designated as Hedging Instrument | Interest Rate Contract Non Current
Derivatives, Fair Value [Line Items]
Derivative assets	45	4
Derivative liabilities	0	38
Not Designated as Hedging Instrument | Commodity Contract Current
Derivatives, Fair Value [Line Items]
Derivative assets	0	0
Derivative liabilities	50	24
Not Designated as Hedging Instrument | Commodity Contract Long-Term
Derivatives, Fair Value [Line Items]
Derivative assets	0	0
Derivative liabilities	$ 303	$ 155

Accounting for Derivative Ins_5

Accounting for Derivative Instruments and Hedging Activities - Offsetting (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Offsetting Derivative Liabilities [Abstract]
Gross Amounts of Recognized Liabilities	$ (353)	$ (242)
Offsetting Derivative Assets [Abstract]
Gross Amounts of Recognized Assets	89	6
Gross Amounts of Recognized Assets/Liabilities	(264)	(236)
Derivative Instruments	0	0
Net Amount	(264)	(236)
Commodity contracts
Offsetting Derivative Liabilities [Abstract]
Gross Amounts of Recognized Liabilities	(353)	(179)
Derivative Instruments	0	0
Net Amount	(353)	(179)
Offsetting Derivative Assets [Abstract]
Gross Amounts of Recognized Assets/Liabilities	(353)	(179)
Derivative Instruments	0	0
Net Amount	(353)	(179)
Interest rate contracts
Offsetting Derivative Liabilities [Abstract]
Gross Amounts of Recognized Liabilities		(63)
Derivative Instruments		5
Net Amount		(58)
Offsetting Derivative Assets [Abstract]
Gross Amounts of Recognized Assets	89	6
Derivative Instruments	0	(5)
Net Amount	89	1
Gross Amounts of Recognized Assets/Liabilities	89	(57)
Derivative Instruments	0	0
Net Amount	$ 89	$ (57)

Accounting for Derivative Ins_6

Accounting for Derivative Instruments and Hedging Activities - AOCI (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Mark-to-market of cash flow hedge accounting contracts	$ 33	$ 22	$ 2
Income expected to be realized from OCI during the next 12 months	5
AOCI Including Portion Attributable to Noncontrolling Interest
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Accumulated OCI (OCL) beginning balance	(13)	(35)	(37)
Accumulated OCI (OCL) ending balance	27	(13)	(35)
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Reclassified from accumulated OCI/OCL to income due to realization of previously deferred amounts	5	11	11
Mark-to-market of cash flow hedge accounting contracts	28	11	(9)
Accumulated Foreign Currency Adjustment Including Portion Attributable to Noncontrolling Interest | Capistrano Wind Portfolio
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Capistrano Wind Portfolio Acquisition	7	0	0
Noncontrolling Interest
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Accumulated OCI (OCL) beginning balance	0	(2)
Accumulated OCI (OCL) ending balance	6	0	(2)
Accumulated Other Comprehensive (Loss) Income
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Accumulated OCI (OCL) beginning balance	(13)	(33)
Accumulated OCI (OCL) ending balance	21	(13)	$ (33)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]
Accumulated OCI (OCL) beginning balance	$ (13)
Accumulated OCI (OCL) ending balance		$ (13)

Accounting for Derivative Ins_7

Accounting for Derivative Instruments and Hedging Activities - Impact on Statement of Operations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized losses included in earnings for derivatives and other financial instruments held as of December 31,	$ 33	$ 22	$ 2
Interest rate contracts
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized losses included in earnings for derivatives and other financial instruments held as of December 31,	100	53	(38)
Commodity Contracts
Derivative Instruments, Gain (Loss) [Line Items]
Change in unrealized losses included in earnings for derivatives and other financial instruments held as of December 31,	$ (174)	$ (83)	$ (4)

Intangible Assets - Components

Intangible Assets - Components Subject to Amortization (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Finite-lived Intangible Assets [Roll Forward]
Net carrying amount beginning balance	$ 3,442	$ 3,104	$ 1,857
Net carrying amount ending balance	3,442	3,104	1,857
Less accumulated amortization	(877)	(605)
Ending balance	2,565	2,499
Acquisitions
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired	336	1,328
Other
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired	2
Reclassified to held for sale
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired		(81)
PPAs
Finite-lived Intangible Assets [Roll Forward]
Net carrying amount beginning balance	3,321	2,985	1,661
Net carrying amount ending balance	3,321	2,985	1,661
Less accumulated amortization	(833)	(566)
Ending balance	2,488	2,419
PPAs | Acquisitions
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired	336	1,324
PPAs | Other
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired	0
PPAs | Reclassified to held for sale
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired		0
Leasehold Rights
Finite-lived Intangible Assets [Roll Forward]
Net carrying amount beginning balance	86	86	86
Net carrying amount ending balance	86	86	86
Less accumulated amortization	(34)	(30)
Ending balance	52	56
Leasehold Rights | Acquisitions
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired	0	0
Leasehold Rights | Other
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired	0
Leasehold Rights | Reclassified to held for sale
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired		0
Customer Relationships
Finite-lived Intangible Assets [Roll Forward]
Net carrying amount beginning balance		0	66
Net carrying amount ending balance		0	66
Less accumulated amortization		0
Ending balance		0
Customer Relationships | Acquisitions
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired		0
Customer Relationships | Reclassified to held for sale
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired		(66)
Customer Contracts
Finite-lived Intangible Assets [Roll Forward]
Net carrying amount beginning balance		0	15
Net carrying amount ending balance		0	15
Less accumulated amortization		0
Ending balance		0
Customer Contracts | Acquisitions
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired		0
Customer Contracts | Reclassified to held for sale
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired		(15)
Emission Allowances
Finite-lived Intangible Assets [Roll Forward]
Net carrying amount beginning balance	17	17	17
Net carrying amount ending balance	17	17	17
Less accumulated amortization	(4)	(3)
Ending balance	13	14
Emission Allowances | Acquisitions
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired	0	0
Emission Allowances | Other
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired	0
Emission Allowances | Reclassified to held for sale
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired		0
Other
Finite-lived Intangible Assets [Roll Forward]
Net carrying amount beginning balance	18	16	12
Net carrying amount ending balance	18	16	$ 12
Less accumulated amortization	(6)	(6)
Ending balance	12	10
Other | Acquisitions
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired	0	4
Other | Other
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired	$ 2
Other | Reclassified to held for sale
Finite-lived Intangible Assets [Roll Forward]
Finite-lived Intangible Assets Acquired		$ 0

Intangible Assets - Narrative (

Intangible Assets - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense	$ 174	$ 143	$ 91
Contract amortization expense	$ 168	$ 135	$ 88

Intangible Assets - Schedule Fu

Intangible Assets - Schedule Future Amortization Expense for Intangibles (Details) $ in Millions	Dec. 31, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2023	$ 182
2024	180
2025	180
2026	180
2027	$ 180

Asset Impairments (Details)

Asset Impairments (Details) - USD ($) $ in Millions	3 Months Ended			12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Impaired Long-Lived Assets Held and Used [Line Items]
Impairment losses				$ 16	$ 6	$ 24
Other-than-temporary impairment loss on investment				$ 0	$ 0	$ 8
Renewables
Impaired Long-Lived Assets Held and Used [Line Items]
Other-than-temporary impairment loss on investment			$ 8
Property, Plant and Equipment
Impaired Long-Lived Assets Held and Used [Line Items]
Impairment losses	$ 16	$ 6	$ 24

Long-term Debt - Short and Long

Long-term Debt - Short and Long-term Borrowings (Details) - USD ($)				12 Months Ended
	May 03, 2022	Mar. 16, 2022	Mar. 10, 2021	Dec. 31, 2022	Dec. 31, 2021	Nov. 30, 2021	Oct. 01, 2021	Mar. 09, 2021
Debt Instrument [Line Items]
Total debt				$ 6,872,000,000	$ 7,779,000,000
Less current maturities				(324,000,000)	(773,000,000)
Less net debt issuance costs				(61,000,000)	(71,000,000)
Add premiums				4,000,000	4,000,000
Total long-term debt				6,491,000,000	6,939,000,000
Intercompany Note with Clearway Energy, Inc.
Debt Instrument [Line Items]
Total debt				$ 2,000,000	1,000,000
Interest rate, percentage				4.55%
2028 Senior Notes
Debt Instrument [Line Items]
Total debt				$ 850,000,000	850,000,000
Interest rate, percentage				4.75%
2031 Senior Notes
Debt Instrument [Line Items]
Total debt				$ 925,000,000	925,000,000
Interest rate, percentage				375%				3.75%
2032 Senior Notes
Debt Instrument [Line Items]
Total debt				$ 350,000,000	350,000,000
Interest rate, percentage				375%			375%
Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility
Debt Instrument [Line Items]
Interest rate, percentage				1.75%
Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Total debt				$ 0	245,000,000
Bridge Loan, Due 2022
Debt Instrument [Line Items]
Aggregate principal amount repurchased	$ 335,000,000
Bridge Loan, Due 2022 | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Total debt				$ 0	335,000,000	$ 335,000,000
Basis spread on variable rate				1.25%
Agua Caliente Solar LLC, due 2037
Debt Instrument [Line Items]
Total debt				$ 649,000,000	684,000,000
Alta Wind Asset Management LLC, due 2031
Debt Instrument [Line Items]
Total debt				$ 12,000,000	13,000,000
Alta Wind Asset Management LLC, due 2031 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				2.625%
Alta Wind I-V lease financing arrangements, due 2034 and 2035
Debt Instrument [Line Items]
Total debt				$ 709,000,000	756,000,000
Alta Wind Realty Investments LLC, due 2031
Debt Instrument [Line Items]
Total debt				$ 22,000,000	24,000,000
Interest rate, percentage				700%
Borrego, due 2024 and 2038
Debt Instrument [Line Items]
Total debt				$ 51,000,000	54,000,000
Buckthorn Solar, due 2025
Debt Instrument [Line Items]
Total debt				$ 119,000,000	123,000,000
Buckthorn Solar, due 2025 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				1.75%
Capistrano Wind Portfolio, due 2029 and 2031
Debt Instrument [Line Items]
Total debt				$ 156,000,000	0
Capistrano Wind Portfolio, due 2029 and 2031 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				2%
Carlsbad Energy Holdings LLC, due 2027
Debt Instrument [Line Items]
Total debt				$ 115,000,000	136,000,000
Carlsbad Energy Holdings LLC, due 2027 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				1.75%
Carlsbad Energy Holdings LLC, due 2038
Debt Instrument [Line Items]
Total debt				$ 407,000,000	407,000,000
Interest rate, percentage				412%
Carlsbad Holdco, LLC, due 2038
Debt Instrument [Line Items]
Total debt				$ 197,000,000	205,000,000
Interest rate, percentage				421%
CVSR, due 2037
Debt Instrument [Line Items]
Total debt				$ 627,000,000	652,000,000
CVSR Holdco Notes, due 2037
Debt Instrument [Line Items]
Total debt				$ 160,000,000	169,000,000
Interest rate, percentage				468%
DG-CS Master Borrower LLC, due 2040
Debt Instrument [Line Items]
Total debt				$ 413,000,000	441,000,000
Interest rate, percentage				351%
El Segundo Energy Center, due 2023
Debt Instrument [Line Items]
Total debt				$ 0	193,000,000
Kawailoa Solar Portfolio LLC, due 2026
Debt Instrument [Line Items]
Total debt				$ 0	78,000,000
Kawailoa Solar Portfolio LLC, due 2026 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				1.375%
Laredo Ridge, due 2028
Debt Instrument [Line Items]
Total debt				$ 0	72,000,000
Laredo Ridge, due 2028 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				2.125%
Marsh Landing, due 2023
Debt Instrument [Line Items]
Total debt				$ 19,000,000	84,000,000
Marsh Landing, due 2023 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				2.375%
Mililani I, due 2027
Debt Instrument [Line Items]
Total debt				$ 47,000,000	0
NIMH Solar, due 2024
Debt Instrument [Line Items]
Total debt				$ 163,000,000	176,000,000
NIMH Solar, due 2024 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				2%
Oahu Solar Holdings LLC, due 2026
Debt Instrument [Line Items]
Total debt				$ 83,000,000	86,000,000
Oahu Solar Holdings LLC, due 2026 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				1.375%
Rosie Class B LLC, due 2027
Debt Instrument [Line Items]
Total debt				$ 76,000,000	78,000,000
Rosie Class B LLC, due 2027 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				1.75%
Tapestry Wind LLC, due 2031
Debt Instrument [Line Items]
Total debt				$ 0	85,000,000
Aggregate principal amount repurchased			$ 53,000,000
Tapestry Wind LLC, due 2031 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				1.375%
Utah Solar Holdings, due 2036
Debt Instrument [Line Items]
Total debt				$ 257,000,000	273,000,000
Interest rate, percentage				3.59%
Viento Funding II, LLC Due 2023 and 2029
Debt Instrument [Line Items]
Total debt		$ 190,000,000		$ 184,000,000	29,000,000
Viento Funding II, LLC Due 2023 and 2029 | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Debt Instrument [Line Items]
Basis spread on variable rate				0.10%
Viento Funding II, LLC Due 2023 and 2029 | SOFR and Applicable Margin
Debt Instrument [Line Items]
Basis spread on variable rate				1.475%
Waiawa, due 2023 and 2028
Debt Instrument [Line Items]
Total debt				$ 97,000,000	0
Walnut Creek, due 2023
Debt Instrument [Line Items]
Total debt				$ 19,000,000	74,000,000
Walnut Creek, due 2023 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				187.50%
WCEP Holdings, LLC, due 2023
Debt Instrument [Line Items]
Total debt				$ 26,000,000	30,000,000
WCEP Holdings, LLC, due 2023 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				3%
Other
Debt Instrument [Line Items]
Total debt				$ 137,000,000	151,000,000
Subtotal non-recourse project-level debt
Debt Instrument [Line Items]
Total debt				4,745,000,000	$ 5,073,000,000
Laredo Ridge, Due 2028; Tapestry Wind, LLC, Due 2031; and Viento Funding II, LLC, Due 2023
Debt Instrument [Line Items]
Aggregate principal amount repurchased		$ 186,000,000
Letter of Credit | Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility
Debt Instrument [Line Items]
Letters of credit outstanding				125,000,000
Letter of Credit | Agua Caliente Solar LLC, due 2037
Debt Instrument [Line Items]
Letters of credit outstanding				45,000,000
Letter of Credit | Alta Wind Asset Management LLC, due 2031
Debt Instrument [Line Items]
Letters of credit outstanding				0
Letter of Credit | Alta Wind I-V lease financing arrangements, due 2034 and 2035
Debt Instrument [Line Items]
Letters of credit outstanding				23,000,000
Letter of Credit | Alta Wind Realty Investments LLC, due 2031
Debt Instrument [Line Items]
Letters of credit outstanding				0
Letter of Credit | Borrego, due 2024 and 2038
Debt Instrument [Line Items]
Letters of credit outstanding				0
Letter of Credit | Buckthorn Solar, due 2025
Debt Instrument [Line Items]
Letters of credit outstanding				21,000,000
Letter of Credit | Capistrano Wind Portfolio, due 2029 and 2031
Debt Instrument [Line Items]
Letters of credit outstanding				36,000,000
Letter of Credit | Carlsbad Energy Holdings LLC, due 2027
Debt Instrument [Line Items]
Letters of credit outstanding				63,000,000
Letter of Credit | Carlsbad Energy Holdings LLC, due 2038
Debt Instrument [Line Items]
Letters of credit outstanding				0
Letter of Credit | Carlsbad Holdco, LLC, due 2038
Debt Instrument [Line Items]
Letters of credit outstanding				5,000,000
Letter of Credit | CVSR, due 2037
Debt Instrument [Line Items]
Letters of credit outstanding				0
Letter of Credit | CVSR Holdco Notes, due 2037
Debt Instrument [Line Items]
Letters of credit outstanding				12,000,000
Letter of Credit | DG-CS Master Borrower LLC, due 2040
Debt Instrument [Line Items]
Letters of credit outstanding				30,000,000
Letter of Credit | El Segundo Energy Center, due 2023
Debt Instrument [Line Items]
Letters of credit outstanding				80,000,000
Letter of Credit | Kawailoa Solar Portfolio LLC, due 2026
Debt Instrument [Line Items]
Letters of credit outstanding				0
Letter of Credit | Laredo Ridge, due 2028
Debt Instrument [Line Items]
Letters of credit outstanding				0
Letter of Credit | Marsh Landing, due 2023
Debt Instrument [Line Items]
Letters of credit outstanding				45,000,000
Letter of Credit | Mililani I, due 2027
Debt Instrument [Line Items]
Letters of credit outstanding				6,000,000
Letter of Credit | NIMH Solar, due 2024
Debt Instrument [Line Items]
Letters of credit outstanding				10,000,000
Letter of Credit | Oahu Solar Holdings LLC, due 2026
Debt Instrument [Line Items]
Letters of credit outstanding				9,000,000
Letter of Credit | Rosie Class B LLC, due 2027
Debt Instrument [Line Items]
Letters of credit outstanding				17,000,000
Letter of Credit | Tapestry Wind LLC, due 2031
Debt Instrument [Line Items]
Letters of credit outstanding				0
Letter of Credit | Utah Solar Holdings, due 2036
Debt Instrument [Line Items]
Letters of credit outstanding				9,000,000
Letter of Credit | Viento Funding II, LLC Due 2023 and 2029
Debt Instrument [Line Items]
Letters of credit outstanding				26,000,000
Letter of Credit | Waiawa, due 2023 and 2028
Debt Instrument [Line Items]
Letters of credit outstanding				10,000,000
Letter of Credit | Walnut Creek, due 2023
Debt Instrument [Line Items]
Letters of credit outstanding				74,000,000
Letter of Credit | WCEP Holdings, LLC, due 2023
Debt Instrument [Line Items]
Letters of credit outstanding				0
Letter of Credit | Other
Debt Instrument [Line Items]
Letters of credit outstanding				$ 200,000,000
Minimum | Agua Caliente Solar LLC, due 2037
Debt Instrument [Line Items]
Interest rate, percentage				2.395%
Minimum | Alta Wind I-V lease financing arrangements, due 2034 and 2035
Debt Instrument [Line Items]
Interest rate, percentage				5.696%
Minimum | CVSR, due 2037
Debt Instrument [Line Items]
Interest rate, percentage				2.339%
Minimum | El Segundo Energy Center, due 2023 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				1.875%
Minimum | Mililani I, due 2027 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				1.50%
Minimum | Waiawa, due 2023 and 2028 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				1%
Maximum | Agua Caliente Solar LLC, due 2037
Debt Instrument [Line Items]
Interest rate, percentage				3.633%
Maximum | Alta Wind I-V lease financing arrangements, due 2034 and 2035
Debt Instrument [Line Items]
Interest rate, percentage				7.015%
Maximum | CVSR, due 2037
Debt Instrument [Line Items]
Interest rate, percentage				3.775%
Maximum | El Segundo Energy Center, due 2023 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				2.50%
Maximum | Waiawa, due 2023 and 2028 | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate				1.25%

Long-term Debt - Narrative (Det

Long-term Debt - Narrative (Details)

1 Months Ended

9 Months Ended

12 Months Ended

Dec. 15, 2022 USD ($)

Dec. 07, 2022 USD ($)

Oct. 03, 2022 USD ($)

Aug. 22, 2022 USD ($)

May 03, 2022 USD ($)

Mar. 25, 2022 USD ($)

Mar. 16, 2022 USD ($)

Dec. 29, 2021 USD ($)

Dec. 15, 2021 USD ($)

Mar. 10, 2021 USD ($)

Jan. 12, 2021 USD ($)

Oct. 31, 2021 USD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2022 USD ($)

Dec. 31, 2021 USD ($)

Dec. 31, 2020 USD ($)

Dec. 31, 2027

Dec. 31, 2026

Mar. 10, 2022 USD ($)

Nov. 30, 2021 USD ($)

Oct. 01, 2021 USD ($)

Mar. 11, 2021 USD ($)

Mar. 09, 2021 USD ($)

Feb. 03, 2021 USD ($)

Debt Instrument [Line Items]

Total debt

$ 6,872,000,000

$ 6,872,000,000

$ 7,779,000,000

Proceeds from the revolving credit facility

80,000,000

622,000,000

$ 265,000,000

Payments for the revolving credit facility

325,000,000

377,000,000

265,000,000

Loss on debt extinguishment

2,000,000

53,000,000

$ 24,000,000

Payments for other fees

$ 5,000,000

Payments to fund project reserve accounts

29,000,000

CEG

Debt Instrument [Line Items]

Proceeds from noncontrolling interests

$ 61,000,000

103,000,000

Tax Equity Investors

Debt Instrument [Line Items]

Proceeds from noncontrolling interests

$ 107,000,000

Mililani I Drop Down

Debt Instrument [Line Items]

Long-term debt

$ 100,000,000

Unamortized debt issuance costs

3,000,000

Mililani I Drop Down | CEG

Debt Instrument [Line Items]

Payments for other fees

$ 4,000,000

2,000,000

Removed related noncontrolling interest balance

11,000,000

Mililani I Drop Down | Tax Equity Investors

Debt Instrument [Line Items]

Payments to fund project reserve accounts

$ 16,000,000

15,000,000

Proceeds from noncontrolling interests

18,000,000

18,000,000

Waiawa Drop Down

Debt Instrument [Line Items]

Long-term debt

102,000,000

Unamortized debt issuance costs

$ 1,000,000

Expected contributions upon substantial completion

41,000,000

Waiawa Drop Down | Tax Equity Investors

Debt Instrument [Line Items]

Proceeds from noncontrolling interests

17,000,000

Construction Loans | Mililani I Drop Down

Debt Instrument [Line Items]

Aggregate principal amount repurchased

1,000,000

Long-term debt

16,000,000

Long-term debt, additions

32,000,000

Long-term debt, outstanding

47,000,000

47,000,000

Construction Loans | Waiawa Drop Down

Debt Instrument [Line Items]

Long-term debt

22,000,000

Construction Loans | Capistrano Wind Portfolio

Debt Instrument [Line Items]

Unamortized debt issuance costs

$ 2,000,000

Debt instrument, face amount

$ 164,000,000

Sponsor Equity Bridge Loan | Mililani I Drop Down

Debt Instrument [Line Items]

Long-term debt

27,000,000

Sponsor Equity Bridge Loan | Mililani I Drop Down | Tax Equity Investors

Debt Instrument [Line Items]

Repayment of debt, acquired in asset acquisition

14,000,000

Sponsor Equity Bridge Loan | Waiawa Drop Down

Debt Instrument [Line Items]

Long-term debt

26,000,000

Tax Equity Bridge Loan | Mililani I Drop Down

Debt Instrument [Line Items]

Long-term debt

60,000,000

60,000,000

Term Loan | Mililani I Drop Down

Debt Instrument [Line Items]

Long-term debt, additions

48,000,000

Construction Loan | Waiawa Drop Down

Debt Instrument [Line Items]

Long-term debt

42,000,000

Bridge Loan, Due 2022

Debt Instrument [Line Items]

Aggregate principal amount repurchased

$ 335,000,000

Bridge Loan, Due 2022 | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate

Debt Instrument [Line Items]

Total debt

$ 0

$ 0

335,000,000

$ 335,000,000

Basis spread on variable rate

1.25%

Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility

Debt Instrument [Line Items]

Leverage ratio

6

Collateral amount

$ 40,000,000

Borrower leverage ratio

5.50

Covenant borrower interest coverage ratio

175%

Proceeds from the revolving credit facility

$ 80,000,000

Payments for the revolving credit facility

$ 305,000,000

$ 325,000,000

Interest rate, percentage

1.75%

1.75%

Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility | Letter of Credit

Debt Instrument [Line Items]

Letters of credit outstanding

$ 125,000,000

$ 125,000,000

Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Total debt

0

0

245,000,000

Revolving Credit Facility

Debt Instrument [Line Items]

Outstanding borrowings

0

0

2032 Senior Notes

Debt Instrument [Line Items]

Total debt

$ 350,000,000

$ 350,000,000

350,000,000

Long-term debt — affiliate

$ 350,000,000

Interest rate, percentage

375%

375%

375%

5.00% Senior Notes due in 2026

Debt Instrument [Line Items]

Debt instrument, repurchased face amount

$ 350,000,000

Repurchased face amount, optionally exercised remaining principal, not validly tendered and purchased In tender offer

227,000,000

Debt instrument, redemption price, percentage

103%

Debt instrument, repurchase amount

$ 359,000,000

Loss on debt extinguishment

$ 9,000,000

Write off of deferred debt issuance cost

$ 3,000,000

2031 Senior Notes

Debt Instrument [Line Items]

Total debt

$ 925,000,000

$ 925,000,000

925,000,000

Long-term debt — affiliate

$ 925,000,000

Interest rate, percentage

375%

375%

3.75%

5.75% Senior Notes due 2025

Debt Instrument [Line Items]

Debt instrument, repurchased face amount

$ 600,000,000

Repurchased face amount, optionally exercised remaining principal, not validly tendered and purchased In tender offer

$ 183,000,000

Debt instrument, redemption price, percentage

106%

Debt instrument, repurchase amount

$ 636,000,000

$ 636,000,000

Loss on debt extinguishment

(36,000,000)

Loss on extinguishment of deferred financing fees

5,000,000

El Segundo Energy Center

Debt Instrument [Line Items]

Aggregate principal amount repurchased

$ 130,000,000

Waiawa

Debt Instrument [Line Items]

Payments for other fees

2,000,000

Waiawa | Tax Equity Investors

Debt Instrument [Line Items]

Payments to fund project reserve accounts

16,000,000

Waiawa | Construction Loans

Debt Instrument [Line Items]

Long-term debt

20,000,000

Waiawa | Sponsor Equity Bridge Loan | Tax Equity Investors

Debt Instrument [Line Items]

Repayment of debt, acquired in asset acquisition

$ 12,000,000

Waiawa | Tax Equity Bridge Loan

Debt Instrument [Line Items]

Long-term debt

$ 55,000,000

Mililani I

Debt Instrument [Line Items]

Expected contributions upon substantial completion

42,000,000

Mililani I | CEG

Debt Instrument [Line Items]

Payments for other fees

2,000,000

Mililani I | Tax Equity Investors

Debt Instrument [Line Items]

Payments to fund project reserve accounts

15,000,000

Mililani I | Construction Loans

Debt Instrument [Line Items]

Long-term debt

$ 7,000,000

16,000,000

Mililani I | Sponsor Equity Bridge Loan

Debt Instrument [Line Items]

Long-term debt

27,000,000

Mililani I | Sponsor Equity Bridge Loan | Tax Equity Investors

Debt Instrument [Line Items]

Repayment of debt, acquired in asset acquisition

14,000,000

Mililani I | Tax Equity Bridge Loan

Debt Instrument [Line Items]

Long-term debt

$ 60,000,000

Agua Caliente Solar, LLC, Nonrecourse Credit Agreement, Federal Financing Bank, Due 2037

Debt Instrument [Line Items]

Debt instrument, face amount

$ 716,000,000

Agua Caliente Solar, LLC, Nonrecourse Credit Agreement, Federal Financing Bank, Due 2037 | Minimum

Debt Instrument [Line Items]

Interest rate, percentage

2.395%

Agua Caliente Solar, LLC, Nonrecourse Credit Agreement, Federal Financing Bank, Due 2037 | Maximum

Debt Instrument [Line Items]

Interest rate, percentage

3.633%

Pinnacle Repowering TE Holdco | Construction Loans

Debt Instrument [Line Items]

Total debt

$ 79,000,000

Aggregate principal amount repurchased

$ 117,000,000

Debt instrument, face amount

$ 126,000,000

Pinnacle Repowering TE Holdco | London Interbank Offered Rate (LIBOR) | Construction Loans

Debt Instrument [Line Items]

Basis spread on variable rate

1%

Tapestry Wind LLC, due 2031

Debt Instrument [Line Items]

Total debt

0

0

85,000,000

Aggregate principal amount repurchased

$ 53,000,000

Tapestry Wind LLC, due 2031 | Letter of Credit

Debt Instrument [Line Items]

Letters of credit outstanding

0

$ 0

Tapestry Wind LLC, due 2031 | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Basis spread on variable rate

1.375%

Viento Funding II, LLC Due 2023 and 2029

Debt Instrument [Line Items]

Total debt

$ 190,000,000

184,000,000

$ 184,000,000

29,000,000

Viento Funding II, LLC Due 2023 and 2029 | Letter of Credit

Debt Instrument [Line Items]

Letters of credit outstanding

26,000,000

$ 26,000,000

Debt instrument, face amount

35,000,000

Viento Funding II, LLC Due 2023 and 2029 | Forecast

Debt Instrument [Line Items]

Debt Instrument effective interest rate

1.50%

1.375%

Viento Funding II, LLC Due 2023 and 2029 | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate

Debt Instrument [Line Items]

Basis spread on variable rate

0.10%

Laredo Ridge, Due 2028; Tapestry Wind, LLC, Due 2031; and Viento Funding II, LLC, Due 2023

Debt Instrument [Line Items]

Aggregate principal amount repurchased

186,000,000

Loss on debt extinguishment

$ (2,000,000)

Capistrano Wind Portfolio, due 2029 and 2031

Debt Instrument [Line Items]

Total debt

156,000,000

$ 156,000,000

$ 0

Capistrano Wind Portfolio, due 2029 and 2031 | Letter of Credit

Debt Instrument [Line Items]

Letters of credit outstanding

$ 36,000,000

$ 36,000,000

Capistrano Wind Portfolio, due 2029 and 2031 | London Interbank Offered Rate (LIBOR)

Debt Instrument [Line Items]

Basis spread on variable rate

2%

Capistrano Wind Portfolio, due 2029 and 2031 | London Interbank Offered Rate (LIBOR) | Construction Loans

Debt Instrument [Line Items]

Basis spread on variable rate

200%

Long-term Debt - Interest Rate

Long-term Debt - Interest Rate Swaps (Details) $ in Millions	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Derivative notional amount	$ 1,084
Avra Valley | Maturity - November 30, 2030
Debt Instrument [Line Items]
Percentage of principal	88%
Fixed interest rate	2.333%
Derivative notional amount	$ 32
AWAM | Maturity - May 15, 2031
Debt Instrument [Line Items]
Percentage of principal	100%
Fixed interest rate	2.47%
Derivative notional amount	$ 12
Borrego | Maturity - December 31, 2024
Debt Instrument [Line Items]
Percentage of principal	100%
Fixed interest rate	0.476%
Derivative notional amount	$ 6
Buckthorn Solar | Maturity - December 31, 2041
Debt Instrument [Line Items]
Percentage of principal	81%
Derivative notional amount	$ 96
Carlsbad Drop Down | Maturity - September 30, 2027
Debt Instrument [Line Items]
Percentage of principal	100%
Derivative notional amount	$ 115
Capistrano Wind Portfolio
Debt Instrument [Line Items]
Percentage of principal	95%
Derivative notional amount	$ 148
Kansas South | Maturity - December 31, 2030
Debt Instrument [Line Items]
Percentage of principal	75%
Fixed interest rate	2.368%
Derivative notional amount	$ 14
Marsh Landing | Maturity - June 30, 2023
Debt Instrument [Line Items]
Percentage of principal	100%
Derivative notional amount	$ 19
Mililani I | Maturity - September 30, 2042
Debt Instrument [Line Items]
Percentage of principal	94%
Fixed interest rate	2.041%
Derivative notional amount	$ 44
NIMH Solar LLC
Debt Instrument [Line Items]
Percentage of principal	100%
Derivative notional amount	$ 163
Oahu Solar | Maturity - October 31, 2040
Debt Instrument [Line Items]
Percentage of principal	96%
Derivative notional amount	$ 80
Rosie Class B LLC, due 2027
Debt Instrument [Line Items]
Percentage of principal	95%
Fixed interest rate	1.446%
Derivative notional amount	$ 73
South Trent | Maturity - June 30, 2028
Debt Instrument [Line Items]
Percentage of principal	90%
Fixed interest rate	3.847%
Derivative notional amount	$ 27
Viento Funding II
Debt Instrument [Line Items]
Percentage of principal	90%
Fixed interest rate	2.53%
Derivative notional amount	$ 165
Waiawa | Maturity - December 31, 2042
Debt Instrument [Line Items]
Percentage of principal	50%
Fixed interest rate	2.088%
Derivative notional amount	$ 48
Walnut Creek | Maturity - May 31, 2023
Debt Instrument [Line Items]
Percentage of principal	94%
Fixed interest rate	3.543%
Derivative notional amount	$ 18
WCEP Holdings | Maturity - May 31, 2023
Debt Instrument [Line Items]
Percentage of principal	92%
Fixed interest rate	4.003%
Derivative notional amount	$ 24

Long-term Debt - Annual Maturit

Long-term Debt - Annual Maturities (Details) $ in Millions	Dec. 31, 2022 USD ($)
Debt Disclosure [Abstract]
2023	$ 421
2024	410
2025	382
2026	361
2027	399
Thereafter	4,899
Total	6,872
Debt, Current	$ 97

Members' Equity (Details)

Members' Equity (Details) - USD ($) $ / shares in Units, $ in Millions		3 Months Ended
	Feb. 15, 2023	Dec. 31, 2022	Sep. 30, 2022	Jun. 30, 2022	Mar. 31, 2022
Special Distribution | Clearway Energy, Inc.
Class of Stock [Line Items]
Additional Cash Distributions Paid			$ 19
Cash Distributions Paid			8
Pro Rata Share of Cash Distributions Paid, Utilized			$ 11
Capital Unit, Class A and Class B
Class of Stock [Line Items]
Distributions paid (in dollars per share)		$ 0.3672	$ 0.3604	$ 0.3536	$ 0.3468
Capital Unit, Class C and Class D
Class of Stock [Line Items]
Distributions paid (in dollars per share)		$ 0.3672	$ 0.3604	$ 0.3536	$ 0.3468
Subsequent Event
Class of Stock [Line Items]
Common stock dividends declared (in dollars per share)	$ 0.3745

Segment Reporting (Details)

Segment Reporting (Details) - USD ($) $ in Millions	3 Months Ended	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting
Operating revenues		$ 1,190	$ 1,286	$ 1,199
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below		435	451	366
Depreciation, Depletion and Amortization		512	509	428
Impairment losses		16	6	24
General and administrative		38	38	33
Business Combination, Acquisition Related Costs		7	7	9
Development costs		2	6	5
Total operating costs and expenses		1,010
Gain on sale of business		1,292	0	0
Operating Income		1,472	269	334
Equity in earnings of unconsolidated affiliates		29	32	7
Impairment loss on investment		0	0	(8)
Gain on sale of unconsolidated affiliate		0	0	49
Other income, net		17	3	4
Loss on debt extinguishment		(2)	(53)	(24)
Interest expense		(232)	(312)	(414)
Income (Loss) Before Income Taxes		1,284	(61)	(52)
Income tax expense		2	2	0
Net income (loss)		1,282	(63)	(52)
Net Income Attributable to Clearway Energy LLC		1,388	110	61
Equity investments in affiliates		364	381
Capital expenditures		56	119
Total assets		12,312	12,718
Operating Segments
Segment Reporting
Operating revenues		1,190	1,286	1,199
Corporate
Segment Reporting
Operating revenues		0	0	0
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below		(2)	(2)	(2)
Depreciation, Depletion and Amortization		0	0	0
Impairment losses		0	0	0
General and administrative		36	34	30
Business Combination, Acquisition Related Costs		7	7	9
Development costs		0	2	0
Total operating costs and expenses		41
Gain on sale of business		1,292
Operating Income		1,251	(41)	(37)
Equity in earnings of unconsolidated affiliates		0	0	0
Impairment loss on investment				0
Gain on sale of unconsolidated affiliate				49
Other income, net		10	0	(1)
Loss on debt extinguishment		0	(52)	(3)
Interest expense		(99)	(99)	(95)
Income (Loss) Before Income Taxes		1,162	(192)
Income tax expense		0	0
Net income (loss)		1,162	(192)	(87)
Net Income Attributable to Clearway Energy LLC		1,161	(193)	(86)
Equity investments in affiliates		0	0
Capital expenditures		1	1
Total assets		546	42
Conventional | Operating Segments
Segment Reporting
Operating revenues		417	441	437
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below		89	90	90
Depreciation, Depletion and Amortization		131	132	132
Impairment losses		0	0	0
General and administrative		0	0	0
Business Combination, Acquisition Related Costs		0	0	0
Development costs		0	0	0
Total operating costs and expenses		220
Gain on sale of business		0
Operating Income		197	219	215
Equity in earnings of unconsolidated affiliates		3	6	8
Impairment loss on investment				0
Gain on sale of unconsolidated affiliate				0
Other income, net		1	0	1
Loss on debt extinguishment		0	0	0
Interest expense		(40)	(53)	(84)
Income (Loss) Before Income Taxes		161	172
Income tax expense		0	0
Net income (loss)		161	172	140
Net Income Attributable to Clearway Energy LLC		161	172	140
Equity investments in affiliates		82	86
Capital expenditures		11	12
Total assets		2,251	2,442
Renewables
Segment Reporting
Impairment loss on investment	$ (8)
Renewables | Operating Segments
Segment Reporting
Operating revenues		696	641	569
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below		298	229	147
Depreciation, Depletion and Amortization		381	354	264
Impairment losses		16	6	24
General and administrative		0	0	0
Business Combination, Acquisition Related Costs		0	0	0
Development costs		0	0	0
Total operating costs and expenses		695
Gain on sale of business		0
Operating Income		1	52	134
Equity in earnings of unconsolidated affiliates		26	26	(1)
Impairment loss on investment				(8)
Gain on sale of unconsolidated affiliate				0
Other income, net		6	2	4
Loss on debt extinguishment		(2)	(1)	(21)
Interest expense		(87)	(142)	(216)
Income (Loss) Before Income Taxes		(56)	(63)
Income tax expense		2	2
Net income (loss)		(58)	(65)	(108)
Net Income Attributable to Clearway Energy LLC		49	109	4
Equity investments in affiliates		282	295
Capital expenditures		33	77
Total assets		9,515	9,603
Thermal | Operating Segments
Segment Reporting
Operating revenues		77	204	193
Cost of operations, exclusive of depreciation, amortization and accretion shown separately below		50	134	131
Depreciation, Depletion and Amortization		0	23	32
Impairment losses		0	0	0
General and administrative		2	4	3
Business Combination, Acquisition Related Costs		0	0	0
Development costs		2	4	5
Total operating costs and expenses		54
Gain on sale of business		0
Operating Income		23	39	22
Equity in earnings of unconsolidated affiliates		0	0	0
Impairment loss on investment				0
Gain on sale of unconsolidated affiliate				0
Other income, net		0	1	0
Loss on debt extinguishment		0	0	0
Interest expense		(6)	(18)	(19)
Income (Loss) Before Income Taxes		17	22
Income tax expense		0	0
Net income (loss)		17	22	3
Net Income Attributable to Clearway Energy LLC		17	22	$ 3
Equity investments in affiliates		0	0
Capital expenditures		11	29
Total assets		$ 0	$ 631
SCE | Conventional
Segment Reporting
Customer's percentage of total revenue		17%	17%	18%
SCE | Renewables
Segment Reporting
Customer's percentage of total revenue		17%	16%	16%
PG&E | Conventional
Segment Reporting
Customer's percentage of total revenue		10%	10%	10%
PG&E | Renewables
Segment Reporting
Customer's percentage of total revenue		15%	13%	8%

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Related Party Transaction [Line Items]
General and administrative	$ 38	$ 38	$ 33
RENOM
Related Party Transaction [Line Items]
Expenses from transactions with related party	71	56	37
Due to related party	14	9
Affiliated Entity
Related Party Transaction [Line Items]
Due to related party	3
Affiliated Entity | Administrative Services Agreements
Related Party Transaction [Line Items]
Expenses from transactions with related party	16	14	10
CEG
Related Party Transaction [Line Items]
Due to related party		2
General and administrative	$ 5	$ 4	$ 2

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Power procurement arrangements	$ 20	$ 40	$ 32

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Operating lease cost	$ 36	$ 27	$ 19
Variable lease cost	11	15	9
Total lease cost	47	42	$ 28
ASSETS
Right-of-use assets, net	$ 527	$ 550
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	Long-term lease liabilities	Long-term lease liabilities
Liabilities [Abstract]
Short-term lease liability - operating leases	$ 6	$ 8
Long-term lease liabilities	548	561
Total lease liabilities	$ 554	$ 569
Weighted average remaining lease term	27 years	28 years
Weighted average discount rate	4.10%	3.50%
Cash paid for operating leases	$ 28	$ 26

Leases - Maturities of Operatin

Leases - Maturities of Operating Lease Liabilities (Details) $ in Millions	Dec. 31, 2022 USD ($)
Lessee, Lease, Description [Line Items]
2023	$ 28
2024	30
2025	30
2026	31
2027	32
Thereafter	831
Total lease payments	982
Less imputed interest	(428)
Total lease liability - operating leases	$ 554

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions	Dec. 31, 2022 USD ($) renewalOption	Dec. 31, 2021 USD ($)
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Total lease liability - operating leases	$ 554
Right-of-use assets, net	$ 527	$ 550
Mililani I
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Lease period	36 years
Total lease liability - operating leases	$ 20
Right-of-use assets, net	$ 19
Oahu Solar Partnership
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Lease period	35 years
Number of renewal options | renewalOption	2
Renewal period	5 years
Total lease liability - operating leases	$ 20	20
Right-of-use assets, net	$ 17	18
Rosamond Central Drop Down
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Lease period	35 years
Number of renewal options | renewalOption	2
Renewal period	5 years
Total lease liability - operating leases	$ 12	12
Right-of-use assets, net	$ 11	$ 11

Leases - Revenue Related to Lea

Leases - Revenue Related to Leases (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Lease revenue	$ 850	$ 741	$ 589
Operating Lease, Lease Income, Statement of Income or Comprehensive Income [Extensible Enumeration]		Operating revenues
Total Segments | Energy Revenue
Disaggregation of Revenue [Line Items]
Lease revenue	816	$ 727	566
Total Segments | Capacity Revenue
Disaggregation of Revenue [Line Items]
Lease revenue	435	455	451
Total Segments | Operating revenue
Disaggregation of Revenue [Line Items]
Lease revenue	1,251	1,182	1,017
Conventional | Energy Revenue
Disaggregation of Revenue [Line Items]
Lease revenue	6	9	10
Conventional | Capacity Revenue
Disaggregation of Revenue [Line Items]
Lease revenue	435	455	451
Conventional | Operating revenue
Disaggregation of Revenue [Line Items]
Lease revenue	441	464	461
Renewables | Energy Revenue
Disaggregation of Revenue [Line Items]
Lease revenue	809	716	554
Renewables | Capacity Revenue
Disaggregation of Revenue [Line Items]
Lease revenue	0	0	0
Renewables | Operating revenue
Disaggregation of Revenue [Line Items]
Lease revenue	809	716	554
Thermal | Energy Revenue
Disaggregation of Revenue [Line Items]
Lease revenue	1	2	2
Thermal | Capacity Revenue
Disaggregation of Revenue [Line Items]
Lease revenue	0	0	0
Thermal | Operating revenue
Disaggregation of Revenue [Line Items]
Lease revenue	$ 1	$ 2	$ 2

Leases - Lessor - Minimum Futur

Leases - Lessor - Minimum Future Rent Payments Under Operating Leases (Details) $ in Millions	Dec. 31, 2022 USD ($)
Leases [Abstract]
2023	$ 261
2024	106
2025	107
2026	108
2027	109
Thereafter	1,281
Total lease payments	$ 1,972

Leases - Property, Plant and Eq

Leases - Property, Plant and Equipment Related to Operating Leases (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Property, plant and equipment	$ 8,630	$ 8,981
Accumulated depreciation	(2,855)	(2,827)
Net property, plant and equipment	$ 5,775	$ 6,154

Schedule I - Condensed Financ_2

Schedule I - Condensed Financial Information of Registrant - P/L (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Condensed Income Statements, Captions [Line Items]
Other income, net	$ 17	$ 3	$ 4
Total other expense, net	(188)	(330)	(386)
Net Income Attributable to Clearway Energy LLC	1,388	110	61
Clearway Energy LLC
Condensed Income Statements, Captions [Line Items]
Total operating costs and expenses	1	0	0
Equity in earnings of consolidated affiliates	1,379	110	61
Other income, net	10	0	0
Total other expense, net	1,389	110	61
Net Income Attributable to Clearway Energy LLC	$ 1,388	$ 110	$ 61

Schedule I - Condensed Financ_3

Schedule I - Condensed Financial Information of Registrant - B/S (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Current Assets
Cash and cash equivalents	$ 657	$ 179
Other Assets
Total Assets	12,312	12,718
Other Liabilities
Accounts payable — affiliates	24	110
Current Liabilities
Other non-current liabilities	197	168
Total Liabilities	8,145	9,501
Commitments and Contingencies
Members' Equity [Abstract]
Contributed capital	1,308	1,495
Retained earnings	1,240	43
Accumulated other comprehensive income (loss)	21	(13)
Total Members’ Equity	4,160	3,217	$ 2,612	$ 2,173
Total Liabilities and Members’ Equity	12,312	12,718
Clearway Energy LLC
Current Assets
Cash and cash equivalents	536	33
Other current assets	1	0
Other Assets
Investment in consolidated subsidiaries	2,034	1,497
Total Assets	2,571	1,530
Other Liabilities
Accounts payable — affiliates	1	5
Current Liabilities
Other non-current liabilities	1	0
Total Liabilities	2	5
Commitments and Contingencies
Members' Equity [Abstract]
Contributed capital	1,308	1,495
Retained earnings	1,240	43
Accumulated other comprehensive income (loss)	21	(13)
Total Members’ Equity	2,569	1,525
Total Liabilities and Members’ Equity	$ 2,571	$ 1,530

Schedule I - Condensed Financ_4

Schedule I - Condensed Financial Information of Registrant - CF (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Condensed Cash Flow Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities	$ 797	$ 701	$ 545
Net Cash Provided by (Used in) Investing Activities	1,065	(865)	(62)
Proceeds from the issuance of class C units	0	0	62
Net Cash (Used in) Provided by Financing Activities	(1,520)	367	(432)
Net Increase in Cash, Cash Equivalents and Restricted Cash	342	189	51
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	654	465	414
Cash, Cash Equivalents and Restricted Cash at End of Period	996	654	465
Clearway Energy LLC
Condensed Cash Flow Statements, Captions [Line Items]
Net Cash Provided by (Used in) Operating Activities	8	0	0
Investments in consolidated affiliates	845	202	306
Net Cash Provided by (Used in) Investing Activities	845	202	306
Transfer of funds under intercompany cash management arrangement	(42)	(20)	(65)
Tax Related Distributions	(19)	0	0
Payments of distributions	(289)	(268)	(211)
Net Cash (Used in) Provided by Financing Activities	(350)	(288)	(214)
Net Increase in Cash, Cash Equivalents and Restricted Cash	503	(86)	92
Cash, Cash Equivalents and Restricted Cash at Beginning of Period	33	119	27
Cash, Cash Equivalents and Restricted Cash at End of Period	536	33	119
Clearway Energy LLC | Common Class C
Condensed Cash Flow Statements, Captions [Line Items]
Proceeds from the issuance of class C units	$ 0	$ 0	$ 62

Schedule I - Condensed Financ_5

Schedule I - Condensed Financial Information of Registrant - Footnotes (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) MW	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Condensed Cash Flow Statements, Captions [Line Items]
Power generation capacity, megawatts	8,000
Clearway Energy LLC
Condensed Cash Flow Statements, Captions [Line Items]
Cash distributions paid | $	$ (289)	$ (268)	$ (211)
Clearway Energy LLC
Condensed Cash Flow Statements, Captions [Line Items]
Ownership percentage	57.88%
Clearway Energy LLC | CEG
Condensed Cash Flow Statements, Captions [Line Items]
Ownership percentage	42.12%
Conventional Generation, Utility-Scale Solar, Distributed Solar, and Wind
Condensed Cash Flow Statements, Captions [Line Items]
Power generation capacity, megawatts	5,500
Generational Facilities and District Energy Systems
Condensed Cash Flow Statements, Captions [Line Items]
Power generation capacity, megawatts	2,500