Clearway Energy Class A Conversion to Class C Takes Effect May 1, 2026
Clearway Energy stockholders approved a Charter Amendment to convert Class A shares into Class C shares at 12:01 a.m. ET on May 1, 2026. The NYSE will suspend Class A trading before open on May 1 and begin Class C trading with a Voting Trust preserving public voting power.
1. Annual Meeting Approval and Charter Amendment
At its 2026 Annual Meeting, stockholders approved an amendment to simplify the public share class structure by merging Class A and Class C common stock into a single share class. Under the Charter Amendment, each Class A share will automatically convert into one Class C share at 12:01 a.m. ET on May 1, 2026, with no action required by stockholders.
2. Trading Suspension and Voting Trust Agreement
The NYSE will suspend trading of Class A shares before market open on May 1, 2026, and commence trading of Class C shares later that day. In connection with the conversion, Clearway Energy Group LLC entered into a Voting Trust Agreement designed to preserve the total relative voting power of the company’s public stockholders.