v3.26.3
Long-term Debt (Tables)
 9 Months Ended
Sep. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long-Term Debt The Company’s borrowings, including short-term and long-term portions, consisted of the following:
Maturity DateSeptember 30, 2026December 31, 2025
Interest Rate (a)
(In millions)
Senior Notes 2028-2034$2,725 $2,125 
3.750% - 5.750%
Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility (b)
2028144 361 
S+1.750%
Non-recourse facility-level debt:
Fixed rate2031-20403,137 3,001 
2.339% - 8.000%
Variable rate2026-20363,504 3,187 
S+1.375% - 2.750%
Total debt9,510 8,674 
Less current maturities(539)(708)
Less net debt issuance costs(78)(70)
Add premiums (c)
4 2 
Total long-term debt$8,897 $7,898 
(a) As of September 30, 2026, S+ equals SOFR plus x%.
(b) Applicable rate is determined by the borrower leverage ratio, as defined in the credit agreement.
(c) Premiums relate to the 2028 Senior Notes and the debt assumed in the Cardinal Portfolio acquisition.