NRG Yield, Inc. Declares Quarterly Dividend, Payable on March 17, 2014
January 30, 2014 at 02:31 pm EST
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NRG Yield, Inc. announced that its board of directors declared a quarterly dividend on the company's Class A common stock of 33 cents per share ($1.32 per share annualized) payable on March 17, 2014 to shareholders of record as of March 3, 2014. This represents a 10% increase over the fourth quarter 2013 dividend of 30 cents per share ($1.20 per share annualized).
Clearway Energy, Inc. is a renewable energy company. The Company invests in energy infrastructures and focuses on investments in clean energy and owns modern, sustainable and long-term contracted assets across North America. Its businesses are segregated based on conventional power generation and renewable businesses, which consist of solar, wind and energy storage. It owns approximately 6,200 net megawatts (MW) of installed wind, solar and energy storage projects. The Company's approximately 8,700 net MW of assets also includes approximately 2,500 net MW of natural gas-fired generation facilities. Its conventional projects include Carlsbad, El Segundo, GenConn Devon, GenConn Middletown, Marsh Landing and Walnut Creek. The Companyâs utility scale solar projects include Agua Caliente, Alpine, Avenal, Avra Valley, Blythe, Borrego, Buckthorn Solar, CVSR, Daggett 2, Daggett 3, Desert Sunlight 250, Kansas South, and others. Its wind projects include Black Rock, Buffalo Bear and Cedar Creek.