adamkaz/iStock via Getty Images Clearway Energy (NYSE:CWEN.A) has built a 5 GW portfolio of renewable energy generating assets in the United States and now stands to see this materially increase through the Inflation Reduction Act and its partnership with TotalEnergies (TTE). The latter is set to radically increase the rollout of clean energy in the United States and offers a generational opportunity to owners of YieldCos. Let us be clear, utility-scale solar and wind energy projects were already fast expanding their role in the energy production mix of the United States, the IRA is only set to supercharge this by bringing forward new developments through an unprecedented level of government intervention. The IRA allocates $370 billion over 10 years to decarbonization initiatives and is the largest climate and clean energy investment in US history. It will form a crucial part of the…
Clearway Energy: YieldCo Offers Exposure To New Clean Energy Boom (NYSE:CWEN)
