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Business Description and Basis of Presentation [Text Block]

Note 1 — Nature of Business

Clearway Energy LLC, together with its consolidated subsidiaries, or the Company, is an energy infrastructure investor in and owner of modern, sustainable and long-term contracted assets across North America. The Company is indirectly owned by Global Infrastructure Partners III. Global Infrastructure Management, LLC is an independent fund manager of funds that invests in infrastructure assets in the energy and transport sectors, and Global Infrastructure Partners III is its third equity fund. The Company is sponsored by GIP through GIP's portfolio company, CEG.

The Company was previously owned by NRG Energy, Inc., or NRG. On August 31, 2018, NRG transferred its full ownership interest in the Company to CEG, the holder of NRG's renewable energy development and operations platform, and subsequently sold 100% of its interest in CEG to GIP, referred to hereinafter as the GIP Transaction.

The Company’s environmentally-sound asset portfolio includes over 5,330 MW of wind, solar and natural gas-fired power generation facilities, as well as district energy systems. Through this diversified and contracted portfolio, the Company endeavors to provide its investors with stable and growing dividend income. Substantially all of the Company's generation assets are under long-term contractual arrangements for the output or capacity from these assets. The thermal assets are comprised of district energy systems and combined heat and power plants that produce steam, hot water and/or chilled water and, in some instances, electricity at a central plant. Certain district energy systems are subject to rate regulation by state public utility commissions (although they may negotiate certain rates) while the other district energy systems have rates determined by negotiated bilateral contracts.

Clearway Energy, 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 Energy, 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. Clearway Energy, Inc. currently owns 55.81% of the economic interests of Clearway Energy LLC, with CEG retaining 44.19% of the economic interests of Clearway Energy LLC.

The following table represents the structure of the Company as of September 30, 2019:

Basis of Presentation

The accompanying unaudited interim consolidated financial statements have been prepared in accordance with the SEC’s regulations for interim financial information and with the instructions to Form 10-Q. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. The following notes should be read in conjunction with the accounting policies and other disclosures as set forth in the notes to the consolidated financial statements included in the Company's 2018 Form 10-K. Interim results are not necessarily indicative of results for a full year.

In the opinion of management, the accompanying unaudited interim consolidated financial statements contain all material adjustments consisting of normal and recurring accruals necessary to present fairly the Company's consolidated financial position as of September 30, 2019, and the results of operations, comprehensive income (loss) and cash flows for the nine months ended September 30, 2019 and 2018.

PG&E Bankruptcy

On January 29, 2019, PG&E filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of California, or the Bankruptcy Court. Certain subsidiaries of the Company, which hold interests in 6 solar facilities totaling 480 MW and Marsh Landing with capacity of 720 MW, sell the output of their facilities to PG&E under long-term PPAs. The Company consolidates three of the solar facilities and Marsh Landing, and records its interest in the other solar facilities as equity method investments. As of September 30, 2019, the Company had $147 million in restricted cash, $1.4 billion of property, plant and equipment, net, $370 million investments in unconsolidated affiliates and $1.3 billion of borrowings with final maturity dates ranging from 2023 - 2038 related to these facilities. The related subsidiaries of the Company are parties to financing agreements consisting of non-recourse project-level debt and, in certain cases, non-recourse holding company debt. The PG&E Bankruptcy triggered defaults under the PPAs with PG&E and such related project-level financing agreements. As a result, the Company recorded $1.3 billion of principal, net of the related unamortized debt issuance costs, as short-term debt as of September 30, 2019.

As of November 6, 2019, the Company's contracts with PG&E have operated in the normal course and the Company currently expects these contracts to continue as such. On September 23, 2019, PG&E filed the Debtors' First Amended Joint Chapter 11 Plan of Reorganization, or the PG&E Plan, which would provide for PG&E to assume all of its PPAs with the Company. The PG&E Plan is not expected to be considered for confirmation by the Bankruptcy Court until the conclusion of a proceeding to estimate PG&E’s liability for prior wildfires, now pending before the United States District Court for the Northern District of California, and scheduled for trial commencing on February 18, 2020. Additionally, on October 9, 2019, the Bankruptcy Court entered an order terminating the period in which PG&E had the exclusive right to prosecute a plan of reorganization. On October 17, 2019, an ad hoc group of senior noteholders filed a competing plan of reorganization, which would also provide for PG&E to assume all of its PPAs with the Company. As of November 6, 2019, the Company has entered into forbearance agreements for certain project-level financing arrangements, and continues to seek forbearance agreements for its other project-level financing arrangements affected by the PG&E Bankruptcy. The Company continues to assess the potential future impacts of the PG&E bankruptcy as events occur. For further discussion, see Note 7, Long-term Debt.

Transition Services Agreement

As a result of the GIP Transaction, the Company entered into a Transition Services Agreement with NRG, or the NRG TSA, pursuant to which NRG or certain of its affiliates began providing certain services to the Company following the consummation of the GIP Transaction on August 31, 2018, in exchange for the payment of a fee in respect of such services. A material portion of these processes terminated during the second quarter of 2019 and such services were subsequently provided by both the Company and by CEG pursuant to the CEG Master Services Agreements. During the second quarter of 2019, the Company exercised its option to extend the term of the NRG TSA through April 30, 2020 for the remaining services, some of which will be billed at an hourly rate as agreed between the parties. The Company incurred approximately $1.5 million of expense related to the NRG TSA during the nine months ended September 30, 2019, which was recorded in transaction and integration costs in the consolidated statements of operations.

Note 2 - Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2019

Significant Accounting Policies [Text Block]

Note 2 — Summary of Significant Accounting Policies

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, and the reported amounts of revenues and expenses during the reporting period. Actual results could be different from these estimates.

Cash and 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 $116 million and $109 million as of September 30, 2019 and December 31, 2018, 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 statements of cash flows.

September 30,

December 31,

2019

2018

(In millions)

Cash and cash equivalents
$ 145 $ 407

Restricted cash
249 176

Cash, cash equivalents and restricted cash shown in the statement of cash flows
$ 394 $ 583

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 September 30, 2019, these restricted funds were comprised of $78 million designated to fund operating expenses, $70 million designated for current debt service payments, and $53 million restricted for reserves including debt service, performance obligations and other reserves, as well as capital expenditures. The remaining $48 million is held in distribution reserve accounts, of which $36 million related to subsidiaries affected by the PG&E Bankruptcy as discussed in Note 1 — Nature of Business, and may not be distributed during the pendency of the bankruptcy. The Company had a total of $147 million in restricted cash held by the subsidiaries affected by the PG&E Bankruptcy at September 30, 2019.

Accumulated Depreciation, Accumulated Amortization

The following table presents the accumulated depreciation included in the property, plant and equipment, net, and accumulated amortization included in intangible assets, net, respectively, as of September 30, 2019 and December 31, 2018:

September 30,

2019

December 31,

2018

(In millions)

Property, Plant and Equipment Accumulated Depreciation
$ 1,830 $ 1,590

Intangible Assets Accumulated Amortization
361 308

Distributions

The following table lists distributions paid on Clearway Energy LLC's Class A, B, C and D units during the nine months ended September 30, 2019:

Third Quarter 2019

Second Quarter 2019

First Quarter 2019

Distributions per Class A, B, C and D unit
$ 0.20 $ 0.20 $ 0.20

On October 29, 2019, Clearway Energy LLC declared a distribution on its Class B and Class D units of $0.20 per unit payable on December 16, 2019 to unit holders of record as of December 2, 2019.

Revenue Recognition

Revenue from Contracts with Customers

On January 1, 2018, the Company adopted the guidance in ASC 606, Revenue from Contracts with Customers, or Topic 606, using the modified retrospective method applied to contracts which were not completed as of the adoption date, with no adjustment required to the financial statements upon adoption. Following the adoption of the new standard, the Company’s revenue recognition of its contracts with customers remains materially consistent with its historical practice. The comparative information has not been restated and continues to be reported under the accounting standards in effect for those periods. 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 income statement.

As contracts for steam and chilled water are long-term contracts, the Company has performance obligations under these contracts that have not yet been satisfied. These performance obligations have transaction prices that are both fixed and variable, and which vary based on the contract duration, customer type, inception date and other contract-specific factors. For the fixed price contracts, the Company cannot accurately estimate the amount of its unsatisfied performance obligations as it will vary based on customer usage, which will depend on factors such as weather and customer activity.

Power Purchase Agreements

The majority of the Company’s revenues are obtained through PPAs or other 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 leases. ASC 840 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. Management's judgment is required 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.

Renewable Energy Credits

Renewable energy credits, or RECs, are usually sold through long-term PPAs. 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.

Sale of Emission Allowances

The Company records its bank of emission allowances as part of intangible assets. From time to time, management may authorize the transfer of emission allowances in excess of usage from the Company's emission bank to intangible assets held-for-sale for trading purposes. The Company records the sale of emission allowances on a net basis within operating revenue in the Company's consolidated statements of operations.

Disaggregated Revenues

The following tables represent the Company’s disaggregation of revenue from contracts with customers along with the reportable segment for each category for the three and nine months ended September 30, 2019:

Three months ended September 30, 2019

(In millions)
Conventional Generation
Renewables

Thermal

Total

Energy revenue^(a)
$ 2 $ 167 $ 3 $ 172

Capacity revenue^(a)
89 - 44 133

Contract amortization
(1 ) (16 ) (1 ) (18 )

Mark-to-market for economic hedging activities
- (2 ) - (2 )

Other revenue
- 2 9 11

Total operating revenue
90 151 55 296

Less: Mark-to-market for economic hedging activities
- 2 - 2

Less: Lease revenue
(91 ) (160 ) (1 ) (252 )

Less: Contract amortization
1 16 1 18

Total revenue from contracts with customers
$ - $ 9 $ 55 $ 64

^(a)The following amounts of energy and capacity revenue relate to leases and are accounted for under ASC 842:

(In millions) Conventional Generation Renewables Thermal Total

Energy revenue
$ 2 $ 160 $ 1 $ 163

Capacity revenue
89 - - 89

$ 91 $ 160 $ 1 $ 252

Nine months ended September 30, 2019

(In millions)
Conventional Generation
Renewables

Thermal

Total

Energy revenue^(a)
$ 4 $ 441 $ 6 451

Capacity revenue^(a)
253 - 126 379

Contract amortization
(4 ) (46 ) (2 ) (52 )

Mark-to-market for economic hedging activities
- (9 ) - (9 )

Other revenue
- 6 22 28

Total operating revenue
253 392 152 797

Less: Mark-to-market for economic hedging activities
- 9 - 9

Less: Lease revenue
(257 ) (416 ) (2 ) (675 )

Less: Contract amortization
4 46 2 52

Total revenue from contracts with customers
$ - $ 31 $ 152 $ 183

^(a)The following amounts of energy and capacity revenue relate to leases and are accounted for under ASC 842:

(In millions) Conventional Generation Renewables Thermal Total

Energy revenue
$ 4 $ 416 $ 2 $ 422

Capacity revenue
253 - - 253

$ 257 $ 416 $ 2 $ 675

The following tables represent the Company’s disaggregation of revenue from contracts with customers along with the reportable segment for each category for the three and nine months ended September 30, 2018:

Three months ended September 30, 2018

(In millions)
Conventional Generation
Renewables

Thermal

Total

Energy revenue^(a)
$ 2 $ 164 $ - $ 166

Capacity revenue^(a)
86 - 46 132

Contract amortization
(1 ) (15 ) (1 ) (17 )

Other revenue
- 3 8 11

Total operating revenue
87 152 53 292

Less: Lease revenue
(88 ) (158 ) - (246 )

Less: Contract amortization
1 15 1 17

Total revenue from contracts with customers
$ - $ 9 $ 54 $ 63

^(a)The following amounts of energy and capacity revenue relate to leases and are accounted for under ASC 840:

(In millions) Conventional Generation Renewables Thermal Total

Energy revenue
$ 2 $ 158 $ - $ 160

Capacity revenue
86 - - 86

$ 88 $ 158 $ - $ 246

Nine months ended September 30, 2018

(In millions)
Conventional Generation
Renewables

Thermal

Total

Energy revenue^(a)
$ 5 $ 463 $ 2 $ 470

Capacity revenue^(a)
250 - 127 377

Contract amortization
(4 ) (46 ) (2 ) (52 )

Other revenue
- 10 19 29

Total operating revenue
251 427 146 824

Less: Lease revenue
(255 ) (438 ) (1 ) (694 )

Less: Contract amortization
4 46 2 52

Total revenue from contracts with customers
$ - $ 35 $ 147 $ 182

^(a) The following amounts of energy and capacity revenue relate to leases and are accounted for under ASC 840:

(In millions) Conventional Generation Renewables Thermal Total

Energy revenue
$ 5 $ 438 $ 1 $ 444

Capacity revenue
250 - - 250

$ 255 $ 438 $ 1 $ 694

Contract Amortization

Assets and liabilities recognized from power sales agreements assumed through acquisitions related to the sale of electric capacity and energy in future periods for which the fair value has been determined to be significantly less (more) than market 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 contract assets and liabilities included on the Company’s balance sheet as of September 30, 2019:

(In millions)

September 30, 2019

Accounts receivable, net - Contracts with customers
$ 31

Accounts receivable, net - Leases
110

Total accounts receivable, net ^(a)
$ 141

^(a) Total accounts receivable, net, excludes $5 million generated at projects affected by PG&E Bankruptcy, which were reclassified to non-current assets as of September 30, 2019.

Note 3 - Acquisitions and Dispositions

9 Months Ended

Sep. 30, 2019

Mergers, Acquisitions and Dispositions Disclosures [Text Block]

Note 3 — Acquisitions and Dispositions

2019 Acquisitions

Duquesne University District Energy System Acquisition — On May 1, 2019, the Company, through its indirect subsidiary ECP Uptown Campus LLC, acquired the Duquesne University district energy system, totaling 82 combined MWt, located in Pittsburgh, PA. As part of the acquisition, Duquesne University entered into a 40-year Energy Services Agreement through which ECP Uptown Campus LLC will fulfill the university's electricity, chilled water and steam requirements in exchange for monthly capacity payments. The transaction is reflected in the Company's Thermal segment. The total investment for the project is approximately $107 million This includes $100 million related to the purchase of district energy assets, which was funded through a combination of issuance of non-recourse debt in the amount of $95 million, as further discussed in Note 7 — Long-term Debt, as well as cash on hand. The acquisition was determined to be an asset acquisition under ASC 805, with identifiable assets acquired and liabilities assumed recorded at their estimated fair values on the acquisition date.

2018 Acquisitions

UPMC Thermal Project Asset Acquisition — On June 19, 2018, upon reaching substantial completion, the Company acquired from NRG the UPMC Thermal Project for cash consideration of $84 million, subject to working capital adjustments. The Company had a payable of $4 million to NRG as of December 31, 2018, $3 million of which was paid in January 2019 upon final completion of the project pursuant to the EPC agreement. The project added 73 MWt of thermal equivalent capacity and 7.5 MW of emergency backup thermal capacity to the Company's portfolio. The transaction is reflected in the Company's Thermal segment. The acquisition was funded with the proceeds from the sale of the Series E Notes and Series F Notes. The assets transferred to the Company relate to interests under common control by NRG and were recorded at book value in accordance with ASC 805-50, Business Combinations - Related Issues. The difference between the purchase price and book value of the assets was recorded as a distribution to NRG and decreased the balance of contributed capital. The acquisition was determined to be an asset acquisition and not a business combination, and therefore no recast of the historical financial information was deemed necessary.

Central CA Fuel Cell 1, LLC — On April 18, 2018, the Company acquired the Central CA Fuel Cell 1, LLC project in Tulare, California from FuelCell Energy Finance, Inc., for cash consideration of $11 million, subject to working capital adjustments. The project adds 2.8 MW of thermal capacity to the Company's portfolio, with a 20-year PPA contract with the City of Tulare. The transaction is reflected in the Company's Thermal segment.

Buckthorn Solar Drop Down Asset — On March 30, 2018, the Company acquired 100% of NRG's interests in Buckthorn Renewables, LLC, which owns a 154 MW construction-stage utility-scale solar generation project located in Texas, or the Buckthorn Solar Drop Down Asset, for cash consideration of $42 million. The project sells power under a 25-year PPA to the City of Georgetown, Texas, which commenced in July 2018. The Company also assumed non-recourse debt of $183 million and non-controlling interest of $19 million, as of the acquisition date, attributable to the Class A member. The Company converted $132 million of non-recourse debt to a term loan and the remainder of the outstanding debt was paid down with the contribution from the Class A member in the amount of $80 million upon the project reaching substantial completion in May 2018. The purchase price for the Buckthorn Solar Drop Down Asset was funded with cash on hand and borrowings from the Company's revolving credit facility. The assets and liabilities transferred to the Company related to interests under common control by NRG and were recorded at historical cost in accordance with ASC 805-50, Business Combinations - Related Issues. The difference between the cash paid and historical value of the entities' equity was recorded as a distribution to NRG and decreased the balance of its noncontrolling interest. Since the transaction constituted a transfer of net assets under common control, the guidance requires retrospective combination of the entities for all periods presented as if the combination had been in effect since the inception of common control.

The project sells power under a 25-year PPA to the City of Georgetown, Texas, which commenced in July 2018.

Dispositions

Sale of Energy Center Dover LLC and Energy Center Smyrna LLC Assets — On September 5, 2019, the Company entered into a purchase and sale agreement with DB Energy Assets, LLC to sell 100% of its interests in Energy Center Dover LLC and Energy Center Smyrna LLC, Energy Center Dover LLC owns a 103 MW natural gas-fired cogeneration facility located in Dover, DE (Energy Center Dover). The transaction is subject to standard regulatory approvals and the completion of certain maintenance activities. The HSD assets and liabilities were classified as held for sale and recorded to other current assets and non-current assets, as well as current liabilities on the Company’s consolidated balance sheets as of September 30, 2019.

Sale of HSD Solar Holdings, LLC assets — On October 8, 2019, the Company, through HSD Solar Holdings, LLC, or HSD, sold 100% of its interests in certain distributed generation solar facilities totaling 6 MW to the offtaker under the PPA, for cash consideration of $20 million, as a result of the offtaker exercising its right to purchase the project pursuant to the PPA. In conjunction with the sale, the Company repaid in full the non-recourse lease financing associated with the HSD projects. The repaid amount was net of cash released at closing and totaled $23 million. The HSD assets and liabilities were classified as held for sale and recorded to other current assets and non-current assets, as well as current liabilities on the Company’s consolidated balance sheets as of September 30, 2019.

Note 4 - Investments Accounted for by the Equity Method and Variable Interest Entities

9 Months Ended

Sep. 30, 2019

Equity Method Investments and Joint Ventures Disclosure [Text Block]

Note 4 — Investments Accounted for by the Equity Method and Variable Interest Entities

Entities that are Consolidated

The Company has a controlling financial interest in certain entities which have been identified as VIEs under ASC 810, Consolidations, or ASC 810. These arrangements are primarily related to tax equity arrangements entered into with third parties in order to monetize certain tax credits associated with wind facilities, as further described in Note 5 — Investments Accounted for by the Equity Method and Variable Interest Entities, to the consolidated financial statements included in the Company's 2018 Form 10-K.

Repowering Partnership — On August 30, 2018, Wind TE Holdco, an indirect subsidiary of the Company, formed a partnership with Clearway Renew LLC, an indirect subsidiary of CEG, in order to facilitate the repowering of wind facilities of two of its indirect subsidiaries, Elbow Creek Wind Project LLC, or Elbow Creek and Wildorado Wind LLC, or Wildorado Wind. Wind TE Holdco contributed its interests in the two facilities and Clearway Renew LLC contributed a turbine supply agreement, including title to certain components that qualify for production tax credits. Wind TE Holdco is the managing member of the partnership and consolidates the entity, which is a VIE. Clearway Renew LLC is entitled to allocations of 21% of income, which is reflected in Wind TE Holdco’s noncontrolling interests. In connection with repowering of the projects, the Company revised the remaining useful life of the property, plant and equipment, net at the projects and accelerated depreciation through the expected COD dates, which are December 2019 and March 2020 for Wildorado Wind and Elbow Creek, respectively. The accelerated depreciation resulted in an additional expense of $26 million during the three and nine months ended September 30, 2019.

On June 14, 2019, Repowering Partnership LLC was replaced with Repowering Partnership II LLC as the owner of the Elbow Creek and Wildorado Wind projects, as well as Repowering Partnership Holdco LLC, which concurrently entered into a financing agreement for construction debt of total commitment of $352 million, as further described in Note 7 — Long-term Debt. In connection with the completion of the financing, and after taking into account the higher cash flow from the reduction in debt service in 2019 resulting from the partial repayment of the Viento financing, the Company committed to invest an estimated $111 million in net corporate capital to fund the repowering of the wind facilities, subject to closing adjustments.

Kawailoa Partnership — On August 31, 2018, the Company entered into an agreement with Clearway Renew LLC, a subsidiary of CEG, to acquire the Class A membership interests in the Kawailoa Solar Partnership LLC, or Kawailoa Partnership, for $9 million in cash consideration. The purpose of the partnership is to own, finance, operate, and maintain the Kawailoa Solar project, a 49 MW utility-scale solar generation project, an indirect subsidiary of the Kawailoa Partnership, which is being developed in Oahu, Hawaii. The Kawailoa Solar project is contracted to sell power under long-term PPAs with Hawaiian Electric Company, or HECO, upon reaching COD. The Kawailoa Solar project is 51% owned by the Kawailoa Partnership, with the remaining 49% owned by a third party investor. The Kawailoa Partnership consolidates the Kawailoa Solar project through its controlling majority interest.

On May 7, 2019, the Company made an initial capital contribution of $2 million, which represents 20% of its total anticipated capital contributions. The Company assumed non-recourse debt of $120 million, as further described in Note 7 — Long-term Debt and non-controlling interests attributable to third parties in the amount of $21 million. The Company has a $7 million payable due to Clearway Renew LLC in accounts payable — affiliate on the Company's consolidated balance sheets as of September 30, 2019, which represents the remaining 80% of the equity commitment and will be funded on the date the Kawailoa Solar project reaches certain milestones. The Company, as a Class A member, is the primary beneficiary through its position as managing member and consolidates Kawailoa Partnership. Allocations of income and taxable items are equal to the distributions of available cash, which is currently 95% to the Company and 5% to Clearway Renew LLC.

The Company's acquisition of the Class A membership interests in the Kawailoa Partnership was accounted for as a transfer of assets under common control and was recorded at historical cost in accordance with ASC 805-50, Business Combinations - Related Issues. The difference between the cash paid and payable recorded and the historical value of the assets was recorded as a distribution to CEG and decreased the balance of its noncontrolling interest.

Oahu Partnership — On August 31, 2018, the Company entered into an agreement with Clearway Renew LLC, a subsidiary of CEG, to acquire the Class A membership interests in the Zephyr Oahu Partnership LLC, or Oahu Partnership, for $20 million in cash consideration. The purpose of the partnership is to own, finance, operate, and maintain the Oahu Solar projects, which consist of Lanikuhana and Waipio, utility-scale solar generation projects which represent 15 MW and 46 MW respectively, the indirect subsidiaries of the Oahu Partnership, which are being developed in Oahu, Hawaii. The Oahu Solar projects reached COD on September 19, 2019 and began to sell power to HECO pursuant to the long-term PPAs.

On March 8, 2019, the Company made an initial capital contribution of $4 million, which represents 20% of its total anticipated capital contributions. The Company also assumed non-recourse debt of $143 million, as further described in Note 7 — Long-term Debt and $18 million of non-controlling interest attributable to a tax equity investor's initial contribution. The Company has a payable in the amount of $16 million due to Clearway Renew LLC in accounts payable — affiliate on the Company's consolidated balance sheets as of September 30, 2019. The payable represents the remaining 80% of the equity commitment and will be funded on the date the Oahu Solar LLC projects reach certain milestones. The Company, as a Class A member, is the primary beneficiary through its position as managing member and consolidates Oahu Partnership. Allocations of income and taxable items are equal to the distributions of available cash, which is currently 95% to the Company and 5% to Clearway Renew LLC.

The Company's acquisition of the Class A membership interests in the Oahu Partnership was accounted for as a transfer of assets under common control and was recorded at historical cost in accordance with ASC 805-50, Business Combinations - Related Issues. The difference between the cash paid and payable recorded and the historical value of the assets was recorded as a contribution from CEG and increased the balance of its noncontrolling interest.

Wind TE Holdco Buyout — On January 2, 2019, the Company bought out 100% of the Class A membership interests from the tax equity investor of Wind TE Holdco, for cash consideration of $19 million. The Company recorded the difference between the value of the interest bought and the cash received to equity and allocated it between non-controlling interest and additional paid in capital based on the economic ownership interest between CEG and public interest as of January 2, 2019.

Buckthorn Renewables, LLC — As described in Note 3 — Business Acquisitions and Dispositions, on March 30, 2018, the Company acquired 100% of NRG’s interest in a 154 MW construction-stage utility-scale solar generation project, Buckthorn Renewables, LLC, which owns 100% interest in Buckthorn Solar Portfolio, LLC, which in turn owns 100% of the Class B membership interests in Buckthorn Holdings, LLC. Buckthorn Holdings, LLC is a tax equity fund, which is a variable interest entity that is consolidated by Buckthorn Solar Portfolio, LLC. The Company is the primary beneficiary, through its position as managing member, and indirectly consolidates Buckthorn Holdings, LLC through Buckthorn Solar Portfolio, LLC. The Class A member's interest in the tax equity fund is reflected as noncontrolling interest on the Company’s consolidated balance sheet. The Company utilizes the HLBV method to determine the net income or loss allocated to the tax equity investor noncontrolling interest.

Summarized financial information for the Company's consolidated VIEs consisted of the following as of September 30, 2019:

(In millions)	Oahu Solar Partnership		Kawailoa Partnership		Alta Wind TE Holdco		Spring Canyon		Buckthorn Renewables, LLC		Repowering Partnership LLC
Other current and non-current assets	$	38	$	36	$	56	$	3	$	11	$	17
Property, plant and equipment		190		147		387		87		217		320
Intangible assets		-		-		240		-		-		1
Total assets		228		183		683		90		228		338
Current and non-current liabilities		190		167		39		5		141		36
Total liabilities		190		167		39		5		141		36
Noncontrolling interest		2		16		53		35		62		(13	)
Net assets less noncontrolling interests	$	36	$	-	$	591	$	50	$	25	$	315

Entities that are not Consolidated

The Company has interests in entities that are considered VIEs under ASC 810, but for which it is not considered the primary beneficiary. The Company accounts for its interests in these entities under the equity method of accounting, as further described in Note 5 — Investments Accounted for by the Equity Method and Variable Interest Entities, to the consolidated financial statements included in the Company's 2018 Form 10-K.

The Company's maximum exposure to loss as of September 30, 2019, is limited to its equity investment in the unconsolidated entities, as further summarized in the table below:

(In millions)	Maximum exposure to loss
Four Brothers Solar, LLC	$	184
GenConn Energy LLC		94
DGPV Holdco 3 LLC		160
DGPV Holdco 1 LLC		84
Granite Mountain Holdings, LLC		66
DGPV Holdco 2 LLC		63
Iron Springs Holdings, LLC		47
RPV Holdco 1 LLC		17

DGPV Holdco 1 LLC — The Company invested $2 million of cash during the nine months ended September 30, 2019 into DGPV Holdco 1 LLC. The Company owns approximately 52 MW of distributed solar capacity, based on cash to be distributed, with a weighted average remaining contract life of approximately 16 years as of September 30, 2019.

DGPV Holdco 3 LLC — The Company invested $12 million of cash during the nine months ended September 30, 2019 into DGPV Holdco 3 LLC and recorded $23 million due to CEG in accounts payable — affiliate as of September 30, 2019 to be funded in tranches as the project milestones are completed. The Company owns approximately 59 MW of distributed solar capacity, based on cash to be distributed, with a weighted average remaining contract life of approximately 20 years as of September 30, 2019.

The following tables present summarized financial information for DGPV Holdco 1 LLC, DGPV Holdco 2 LLC and DGPV Holdco 3 LLC on a combined basis. These entities were deemed to be the Company's significant equity method investments as of September 30, 2019:

(In millions)	Three months ended September 30,					Nine months ended September 30,
Income Statement Data:	*2019*			*2018*		*2019*			*2018*
Operating revenues	$	26		$	22	$	63		$	55
Operating loss		14			10		26			20
Net (loss) income	$	(1	)	$	10	$	(16	)	$	21

(In millions)	*September 30, 2019*			*December 31, 2018*
Balance sheet Data:
Current assets	$	148		$	41
Property, plant and equipment, net		840			828
Non-current assets		51			7
Current liabilities		94			137
Non-current liabilities		415			314
Redeemable noncontrolling interest		(1	)		-
Noncontrolling interest		43			9

Note 5 - Fair Value of Financial Instruments

9 Months Ended

Sep. 30, 2019

Fair Value Disclosures [Text Block]

Note 5 — 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, accounts payable, accounts payable — affiliates, accrued expenses and other liabilities, the carrying amounts approximate fair value because of the short-term maturity of those instruments and are classified as Level 1 within the fair value hierarchy.

The estimated carrying amounts and fair values of the Company’s recorded financial instruments not carried at fair market value are as follows:

	*As of September 30, 2019*				*As of December 31, 2018*
	*Carrying Amount*		*Fair Value*		*Carrying Amount*		*Fair Value*
(In millions)
Liabilities:
Long-term debt — affiliate, including current portion		44		43		259		257
Long-term debt — external, including current portion ^(a)	$	6,134	$	6,129	$	5,779	$	5,681

^(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 non-publicly traded long-term debt 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 September 30, 2019 and December 31, 2018:

	*As of September 30, 2019*				*As of December 31, 2018*
(In millions)	*Level 2*		*Level 3*		*Level 2*		*Level 3*
Long-term debt, including current portion	$	1,550	$	4,622	$	1,358	$	4,580

Recurring Fair Value Measurements

The Company records its derivative assets and liabilities at fair value on its consolidated balance sheet. 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 September 30, 2019*						*As of December 31, 2018*
	Fair Value^(a)						Fair Value^(a)
(In millions)	*Level 2*		*Level 3*		*Total*		*Level 2*
Derivative assets:
Commodity contracts	$	1	$	-	$	1	$	-
Interest rate contracts		-		-		-		11
Total assets		1		-		1		11
Derivative liabilities:
Commodity contracts		-		9		9		-
Interest rate contracts		101		-		101		21
Total liabilities	$	101	$	9	$	110	$	21

^(a) There were no derivative assets or liabilities classified as Level 1 as of September 30, 2019, and no derivative assets or liabilities classified as Level 1 or Level 3 as of December 31, 2018.

The following table reconciles the beginning and ending balances for instruments that are recognized at fair value in the condensed consolidated financial statements using significant unobservable inputs:

	*Three months ended September 30,*					*Nine months ended September 30,*
	*2019*			*2018*		*2019*			*2018*
(In millions)	Fair Value Measurement Using Significant Unobservable Inputs (Level 3)					Fair Value Measurement Using Significant Unobservable Inputs (Level 3)
Beginning balance	$	(7	)	$	-	$	-		$	-
Total losses for the period included in earnings		(2	)		‑		(2	)		‑
Purchases		‑			‑		(7	)		‑
Ending balance	$	(9	)	$	-	$	(9	)	$	-

Derivative Fair Value Measurements

The Company's contracts are non-exchange-traded and valued using prices provided by external sources. For some of the Company’s energy contracts, management receives quotes from multiple sources. To the extent that multiple quotes are received, the prices reflect the average of the bid-ask mid-point prices obtained from all sources believed to provide the most liquid market for the commodity. The remainder of the assets and liabilities represent contracts for which external sources or observable market quotes are not available. These contracts are valued based on various valuation techniques including, but not limited to, internal models based on a fundamental analysis of the market and extrapolation of the observable market data with similar characteristics. As of September 30, 2019, contracts valued with prices provided by models and other valuation techniques make up 8% of derivative liabilities.

The Company’s significant position classified as Level 3 includes physical power 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 and 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 tables quantify the significant unobservable inputs used in developing the fair value of the Company's Level 3 positions as of September 30, 2019:

September 30, 2019

Fair Value

Input/Range

Assets

Liabilities

Valuation Technique

Significant Unobservable Input

Low

High

Weighted Average

(In millions)

Power Contracts

Discounted Cash Flow

Forward Market Price (per MWh)

The following table provides sensitivity of fair value measurements to increases/(decreases) in significant unobservable inputs as of September 30, 2019:

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)

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 September 30, 2019, the non-performance reserve was $8 million gain recorded primarily in interest expense in the consolidated statements of operations. 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 in Note 2 — Summary of Significant Accounting Policies, to the consolidated financial statements included in the Company's 2018 Form 10-K, the following 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; (iii) 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.

Counterparty credit exposure includes credit risk exposure under certain long-term agreements, including solar and other PPAs. As external sources or observable market quotes are not available to estimate such exposure, the Company estimates the exposure related to these contracts based on various techniques including, but not limited to, internal models based on a fundamental analysis of the market and extrapolation of observable market data with similar characteristics. The majority of these power contracts are with utilities with strong credit quality and public utility commission or other regulatory support. However, such regulated utility counterparties can be impacted by changes in government regulations or adverse financial conditions, which the Company is unable to predict.

On January 29, 2019, PG&E filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. Certain subsidiaries of the Company sell the output of their facilities to PG&E under long-term PPAs, including interests in 6 solar facilities totaling 480 MW and Marsh Landing with a capacity of 720 MW. The Company consolidates three of the solar facilities and Marsh Landing and records its interest in the other solar facilities as equity method investments. The Company had $31 million in accounts receivable due from PG&E for its consolidated projects, of which $5 million was recorded to non-current assets as of September 30, 2019. As of November 6, 2019, the Company's contracts with PG&E have operated in the normal course and the Company currently expects these contracts to continue as such. The Company has entered into forbearance agreements for certain project-level financing arrangements as of November 6, 2019, and continues seeking similar forbearance agreements with lenders for the remaining project-level financing arrangements affected by the PG&E Bankruptcy. For further discussion see Note 1 — Nature of Business and Note 7 — Long-term Debt.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Note 6 - Derivative Instruments and Hedging Activities

9 Months Ended

Sep. 30, 2019

Derivative Instruments and Hedging Activities Disclosure [Text Block]

Note 6 — Derivative Instruments and Hedging Activities

This footnote should be read in conjunction with the complete description under Note 7 — Accounting for Derivative Instruments and Hedging Activities, to the consolidated financial statements included in the Company's 2018 Form 10-K.

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 September 30, 2019, the Company had interest rate derivative instruments on non-recourse debt extending through 2041, 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 September 30, 2019, the Company had energy-related derivative instruments extending through 2029. At September 30, 2019, 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 of the Company's open derivative transactions broken out by type:

		*Total Volume*
(In millions)		*September 30, 2019*			*December 31, 2018*
Commodity	*Units*
Power	MWh		(2	)		-
Natural Gas	MMBtu		3			1
Interest	Dollars	$	1,756		$	1,862

Fair Value of Derivative Instruments

The following table summarizes the fair value within the derivative instrument valuation on the balance sheet:

	*Fair Value*
	Derivative Assets^(a)				*Derivative Liabilities*
	*September 30, 2019*		*December 31, 2018*		*September 30, 2019*		*December 31, 2018*
	(In millions)
Derivatives Designated as Cash Flow Hedges:
Interest rate contracts current	$	-	$	2	$	3	$	1
Interest rate contracts long-term		-		3		14		6
Total Derivatives Designated as Cash Flow Hedges		-		5		17		7
Derivatives Not Designated as Cash Flow Hedges:
Interest rate contracts current		-		1		12		3
Interest rate contracts long-term		-		5		72		11
Commodity contracts current		1		-		-		-
Commodity contracts long-term		-		-		9		-
Total Derivatives Not Designated as Cash Flow Hedges		1		6		93		14
Total Derivatives	$	1	$	11	$	110	$	21

^(a) Derivative Assets balances classified as current are included within the prepayments and other current assets line item of the consolidated balance sheets as of December 31, 2018

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 master agreement level. As of September 30, 2019 and December 31, 2018, there was nooutstanding collateral paid or received. The following tables summarize the offsetting of derivatives by the counterparty master agreement level as of September 30, 2019 and December 31, 2018:

As of September 30, 2019

Gross Amounts

of Recognized

Assets/Liabilities

Derivative

Instruments

Net Amount

Commodity contracts:

(In millions)

Derivative assets
$ 1 $ (1 ) $ -

Derivative liabilities
(9 ) 1 (8 )

Total commodity contracts
$ (8 ) $ - $ (8 )

Interest rate contracts:

Derivative assets
- - -

Derivative liabilities
(101 ) - (101 )

Total interest rate contracts
$ (101 ) $ - $ (101 )

Total derivative instruments
$ (109 ) $ - $ (109 )

As of December 31, 2018

Gross Amounts

of Recognized

Assets/Liabilities

Derivative

Instruments

Net Amount

Interest rate contracts:

(In millions)

Derivative assets
$ 11 $ (1 ) $ 10

Derivative liabilities
(21 ) 1 (20 )

Total interest rate contracts
$ (10 ) $ — $ (10 )

Total derivative instruments
$ (10 ) $ — $ (10 )

Accumulated Other Comprehensive Loss

The following table summarizes the effects on the Company’s accumulated OCL balance attributable to interest rate swaps designated as cash flow hedge derivatives:

Three Months Ended

September 30,

Nine Months Ended

September 30,

2019

2018

2019

2018

(In millions)

Accumulated OCL beginning balance
$ (42 ) $ (42 ) $ (45 ) $ (69 )

Reclassified from accumulated OCL to income due to realization of previously deferred amounts
4 5 21 13

Mark-to-market of cash flow hedge accounting contracts
(5 ) 2 (19 ) 21

Accumulated OCL ending balance
$ (43 ) $ (35 ) $ (43 ) $ (35 )

Accumulated OCL attributable to noncontrolling interests
(43 ) (1 ) (43 ) (1 )

Accumulated OCL attributable to Clearway Energy LLC
$ - $ (34 ) $ - $ (34 )

Losses expected to be realized from OCL during the next 12 months
$ (10 ) $ (10 )

Impact of Derivative Instruments on the Statements of Operations

Gains and losses related to the Company's derivatives are recorded in the consolidated statements of operations as follows:

Three Months Ended

September 30,

Nine Months Ended

September 30,

2019

2018

2019

2018

(In millions)

Interest Rate Contracts (Interest Expense)
$ (28 ) $ 9 $ (82 ) $ 40

A portion of the Company’s derivative commodity contracts relates to its Thermal Business for the purchase of fuel commodities based on the forecasted usage of the thermal district energy centers. Realized gains and losses on these contracts are reflected in the fuel costs that are permitted to be billed to customers through the related customer contracts or tariffs and, accordingly, no gains or losses are reflected in the consolidated statements of operations for these contracts.

In connection with the repowering activities at Elbow Creek, the Company entered into a new long-term power hedge in January of 2019, and the impact to the consolidated statements of operations was a $9 million loss for the period ended September 30, 2019. The loss was recorded in total operating revenues in the Company's consolidated statements of operations.

See Note 5 — Fair Value of Financial Instruments, for a discussion regarding concentration of credit risk.

Note 7 - Long-term Debt

9 Months Ended

Sep. 30, 2019

Long-term Debt [Text Block]

Note 7 — Long-term Debt

This footnote should be read in conjunction with the complete description under Note 10 — Long-term Debt, to the consolidated financial statements included in the Company's 2018 Form 10-K. Long-term debt consisted of the following:

	*September 30, 2019*			*December 31, 2018*			September 30, 2019, interest rate % ^(a)		Letters of Credit Outstanding at September 30, 2019
	(In millions, except rates)
Long-term debt — affiliate, due 2019	$	-		$	215			3.580
Long-term debt — affiliate, due 2020		44			44			3.325
2024 Senior Notes		500			500			5.375
2025 Senior Notes		600			600			5.750
2026 Senior Notes		350			350			5.000
Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility, due 2023 ^(b)		-			-			L+1.75		52
Project-level debt:
Agua Caliente Borrower 2, due 2038^(c)(d)		38			39			5.430		17
Alpine, due 2022 ^(c)		121			127			L+2.00		16
Alta Wind I - V lease financing arrangements, due 2034 and 2035		859			886			5.696 - 7.015		29
Buckthorn Solar, due 2025		130			132			L+1.750		26
CVSR, due 2037^(c)		696			720			2.339 - 3.775		-
CVSR Holdco Notes, due 2037^(c)		182			188			4.680		13
Duquesne, due 2059		95			-			4.620
El Segundo Energy Center, due 2023		303			352			L+1.75 - L+2.375		138
Energy Center Minneapolis Series D, E, F, G, H Notes, due 2025-2037		328			328			various		-
Laredo Ridge, due 2028		86			89			L+2.125		10
Kansas South, due 2030 ^(c)		25			26			L+2.00		2
Kawailoa Solar Holdings LLC, due 2026		134			-			L+1.375		5
Marsh Landing, due 2023^(c)		223			263			L+2.125		27
Oahu Solar Holdings LLC, due 2026		157			-			L+1.375		11
Repowering Partnership Holdco LLC, due 2020		298			-			L+0.85		29
South Trent Wind, due 2028		44			50			L+1.350		12
Tapestry, due 2031		159			151			L+1.375		19
Utah Solar Portfolio, due 2022		260			267			L+2.625		13
Viento, due 2023		42			146			L+2.00		14
Walnut Creek, due 2023		189			222			L+1.75		82
Other		315			343			various		24
Subtotal project-level debt:		4,684			4,329
Total debt		6,178			6,038
Less current maturities		(1,964	)		(529	)
Less net debt issuance costs		(71	)		(61	)
Total long-term debt	$	4,143		$	5,448

^(a)

As of September 30, 2019, L+ equals 3 month LIBOR plus x%, except for Viento, due 2023 and Kansas South, due 2030 where L+ equals 6 month LIBOR plus 2.00% and Utah Solar Portfolio,Kawailoa Solar Holdings LLC, Oahu Solar Holdings LLC, Repowering Partnership Holdco LLC where L+ equals 1 month LIBOR plus x%

^(b)

Applicable rate is determined by the borrower leverage ratio, as defined in the credit agreement

^(c)

Entities affected by PG&E Bankruptcy, see further discussion below

^(d)

The Company repaid the debt on October 21, 2019, as further described below

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. As of September 30, 2019, the Company was not in compliance with certain covenants impacted by the PG&E Bankruptcy, as discussed below.

The discussion below describes material changes to or additions of long-term debt for the nine months ended September 30, 2019.

Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility

As of September 30, 2019, there were no outstanding borrowings under the revolving credit facility and the Company had $52 million of letters of credit outstanding. The Company had $40 million outstanding under the revolving credit facility and a total of $71 million in letters of credit outstanding as of November 6, 2019.

2019 Convertible Notes Open Market Repurchases

In January 2019, the Company repurchased a combined aggregate principal amount of $50 million of the 2019 Convertible Notes in open market transactions. The repurchases were funded through a partial repayment of the intercompany note between Clearway Energy Operating LLC and Clearway Energy, Inc. The 2019 Convertible Notes matured on February 1, 2019 and the Company paid off the remaining balance of an aggregate principal amount of $170 million.

Project - level Debt

PG&E Bankruptcy

As discussed in Note 1 — Nature of Business, on January 29, 2019, PG&E filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Northern District of California, or the Bankruptcy Court. Certain subsidiaries of the Company listed in the table above are parties to financing agreements consisting of non-recourse project-level debt and, in certain cases, non-recourse holding company debt. The PG&E bankruptcy filing has triggered defaults under the PPAs with PG&E and such related project level financing agreements. As a result the Company recorded approximately $1.3 billion of principal, net of the related unamortized debt issuance costs, with final maturity dates ranging from 2023 - 2038, as short-term debt as of September 30, 2019. In addition, distributions from these projects to Clearway Operating LLC are prohibited under the related debt agreements. As of November 6, 2019, the Company has entered into forbearance agreements for certain project-level financing arrangements, and continues to seek forbearance agreements for its other project-level financing arrangements affected by the PG&E Bankruptcy.

Agua Caliente Borrower 2 debt Repayment

On October 21, 2019, the Company, through Agua Caliente Borrower 2 LLC, repaid $40 million of the outstanding notes balance, including accrued interest and premiums, issued under the Agua Caliente Holdco Financing Agreement. The repayment was funded with Company's existing liquidity.

Repowering Partnership Holdco LLC

On June 14, 2019, as part of the Repowering Partnership, Repowering Partnership Holdco LLC entered into a financing agreement for non-recourse debt for a total commitment amount of $352 million related to the construction for the repowering activities at Wildorado and Elbow Creek. The debt consists of a construction loan at an interest rate of LIBOR plus 0.85% that matures on March 31, 2020. The construction loan is expected be paid at final completion with proceeds from the tax equity investor. Interest on the construction loan is payable monthly in arrears. The Company borrowings were utilized to repay $109 million of the outstanding balance, including accrued interest, under the Viento financing agreement, to reimburse Clearway Renew LLC for previous contributions into the Repowering Partnership and pay construction invoices.

Duquesne University

On May 1, 2019, as part of the Duquesne University district energy system acquisition, ECP Uptown Campus LLC issued non-recourse debt of $95 million, excluding financing fees. The debt consists of senior notes at an interest rate of 4.62% that mature on May 1, 2059. Interest on the notes are payable semi-annually in arrears. The proceeds of the debt, along with cash on hand, were utilized to fund the purchase price of the acquisition.

Oahu Solar Holdings LLC

Due to the Company consolidating the Oahu Partnership, as further described in Note 4, Investments Accounted for by the Equity Method and Variable Interest Entities, the Company assumed non-recourse debt of $143 million related to Oahu Solar Holdings, LLC. The debt consists of a construction loan and an ITC bridge loan with a total commitment amount of $162 million, both at an interest rate of LIBOR plus 1.375%. The construction loan will convert to a term loan upon completion of certain milestones with an expected maturity of October 2026, and the ITC bridge loan will be paid at term conversion with the final proceeds from the tax equity investor. Interest on the construction loan and ITC bridge loan is payable monthly in arrears and will convert to quarterly payments once the construction loan converts to a term loan.

Kawailoa Solar Holdings LLC

Due to the Company consolidating the Kawailoa Partnership, as further described in Note 4 — Investments Accounted for by the Equity Method and Variable Interest Entities, the Company assumed non-recourse debt of $120 million related to Kawailoa Solar Holdings, LLC. The debt consists of a construction loan and an ITC bridge loan with a total commitment amount of $137 million, both at an interest rate of LIBOR plus 1.375%. The construction loan will convert to a term loan upon completion of certain milestones with an expected maturity of October 2026, and the ITC bridge loan will be paid at term conversion with the final proceeds from the tax equity investor. Interest on the construction loan and ITC bridge loan is payable monthly in arrears and will convert to quarterly payments once the construction loan converts to a term loan.

South Trent Refinancing

On June 14, 2019, the Company, through South Trent Wind LLC, refinanced $49 million of non-recourse debt due 2020 at interest rate of LIBOR plus 1.625% by issuing $46 million of new non-recourse financing due 2028 at an interest rate of LIBOR plus 1.350%.

Tapestry Refinancing

On April 29, 2019, the Company, through Tapestry Wind LLC, refinanced $147 million of non-recourse debt due 2021 at interest rate of LIBOR plus 1.75% by issuing $164 million of new non-recourse financing due 2031 at an interest rate of LIBOR plus 1.375%.

Note 8 - Segment Reporting

9 Months Ended

Sep. 30, 2019

Segment Reporting Disclosure [Text Block]

Note 8 — 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 and chilled water business. The Corporate segment reflects the Company's corporate costs. 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 economic gross margin and net income (loss).

	*Three months ended September 30, 2019*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Corporate*			*Total*
Operating Revenues	$	90		$	151		$	55		$	-		$	296
Cost of operations		14			36			36			-			86
Depreciation and amortization		25			80			7			-			112
General and administrative		-			1			1			5			7
Development costs		-			-			1			-			1
Operating Income (Loss)		51			34			10			(5	)		90
Equity in earnings of unconsolidated affiliates		3			35			-			-			38
Other income, net		-			2			-			-			2
Interest expense		(13	)		(65	)		(5	)		(22	)		(105	)
Net Income (Loss)		41			6			5			(27	)		25
Total Assets	$	1,766		$	6,330		$	632		$	34		$	8,762

	*Three months ended September 30, 2018*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Corporate*			*Total*
Operating Revenues	$	87		$	152		$	53		$	-		$	292
Cost of operations		12			39			33			-			84
Depreciation and amortization		26			52			6			-			84
General and administrative		-			-			-			6			6
Acquisition-related transaction and integration costs		-			-			-			17			17
Development costs		-			-			-			1			1
Operating Income (Loss)		49			61			14			(24	)		100
Equity in earnings of unconsolidated affiliates		3			29			-			-			32
Other income, net		-			1			-			1			2
Interest expense		(13	)		(36	)		(4	)		(17	)		(70	)
Net Income (Loss)	$	39		$	55		$	10		$	(40	)	$	64

	*Nine months ended September 30, 2019*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Corporate*			*Total*
Operating Revenues	$	253		$	392		$	152		$	-		$	797
Cost of operations		44			106			99			-			249
Depreciation and amortization		75			190			20			-			285
Impairment losses		-			-			19			-			19
General and administrative		-			1			2			16			19
Acquisition-related transaction and integration costs		-			-			-			2			2
Development costs		-			-			4			-			4
Operating Income (Loss)		134			95			8			(18	)		219
Equity in earnings of unconsolidated affiliates		7			45			-			-			52
Other income, net		1			4			-			1			6
Loss on debt extinguishment		-			(1	)		-			-			(1	)
Interest expense		(45	)		(213	)		(13	)		(65	)		(336	)
Income (Loss)	$	97		$	(70	)	$	(5	)	$	(82	)	$	(60	)

	*Nine months ended September 30, 2018*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Corporate*			*Total*
Operating Revenues	$	251		$	427		$	146		$	-		$	824
Cost of operations		44			106			97			-			247
Depreciation and amortization		76			154			17			-			247
General and administrative		-			-			-			17			17
Acquisition-related transaction and integration costs		-			-			-			19			19
Development costs		-			-			-			1			1
Operating Income (Loss)		131			167			32			(37	)		293
Equity in earnings of unconsolidated affiliates		8			57			-			-			65
Other income, net		1			2			-			1			4
Interest expense		(33	)		(95	)		(8	)		(54	)		(190	)
Net Income (Loss)	$	107		$	131		$	24		$	(90	)	$	172

Note 9 - Related Party Transactions

9 Months Ended

Sep. 30, 2019

Note 9 — 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's project entities. Amounts due to CEG subsidiaries are recorded as accounts payable - affiliate and amounts due to the Company from CEG subsidiaries are recorded as accounts receivable - affiliate in the Company's balance sheet. The disclosures below summarize the Company's material related party transactions with CEG and its subsidiaries that are included in the Company's operating revenues and operating costs.

As discussed in Note 1 — Nature of Business, on August 31, 2018, NRG sold 100% of its interest in CEG to GIP, and as a result, CEG and its subsidiaries are considered related parties during the period ended September 30, 2019, and NRG and its subsidiaries were considered related parties during the period ended September 30, 2018.

Related Party Transactions with CEG entities

Services Agreements by and between the Company and Clearway Renewable Operation & Maintenance LLC (formerly NRG Renew Operation & Maintenance LLC) and other CEG subsidiaries

Various wholly-owned subsidiaries of the Company in the Renewables segment are party to services agreements with Clearway Renewable Operation & Maintenance LLC (formerly NRG Renew Operation & Maintenance LLC), or RENOM, a wholly-owned subsidiary of CEG, as well as other CEG subsidiaries, which provides operation and maintenance, or O&M, and administrative services to these subsidiaries. The Company incurred total expenses for these services of $8 million and $22 million for each of the three and nine months ended September 30, 2019, respectively. The Company incurred total expenses for these services of $7 million and $22 million for each of the three and nine months ended September 30, 2018, respectively. There was a balance of $8 million and $6 million due to RENOM as of September 30, 2019 and December 31, 2018, respectively.

CEG Master Services Agreements

Following the consummation of the GIP Transaction, Clearway Energy, Inc. along with Clearway Energy LLC and Clearway Energy Operating LLC entered into Master Services Agreements with CEG, pursuant to which CEG and certain of its affiliates or third party service providers began providing 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 began providing certain services to CEG, including accounting, internal audit, tax and treasury services, in exchange for the payment of fees in respect of such services.

Amounts due to CEG or its subsidiaries are recorded as accounts payable - affiliate and amounts due to the Company from CEG and subsidiaries are recorded as accounts receivable - affiliate on the Company's consolidated balance sheet.

Related Party Transactions with NRG prior to the GIP Transaction

The following transactions relate to the period prior to sale of NRG's interest in CEG to GIP on August 31, 2018 and therefore were considered to be related party transactions for all the periods prior to August 31, 2018.

Power Purchase Agreements (PPAs) between the Company and NRG Power Marketing

Elbow Creek and Dover were parties to PPAs with NRG Power Marketing, a wholly-owned subsidiary of NRG, and generated revenue under the PPAs, which were recorded to operating revenue in the Company's consolidated statements of operations. For the two and eight months ended August 31, 2018, Elbow Creek and Dover, collectively, generated revenue of $2 million and $8 million, respectively. Dover's PPA with NRG Power Marketing ended as of December 31, 2018.

Energy Marketing Services Agreement by and between Thermal entities and NRG Power Marketing

Energy Center Dover LLC, Energy Center Minneapolis, Energy Center Phoenix LLC, and Energy Center Paxton LLC, or Thermal entities, which are subsidiaries of the Company, are parties to Energy Marketing Services Agreements with NRG Power Marketing. Under the agreements, NRG Power Marketing procures fuel and fuel transportation for the operation of the Thermal entities. For the two and eight months ended August 31, 2018, the Thermal entities purchased $1 million and $7 million, respectively, of natural gas from NRG Power Marketing.

O&M Services Agreements by and between the Company's subsidiaries and NRG

Certain of the Company's subsidiaries are party to O&M Service Agreements with NRG, pursuant to which NRG subsidiaries provide necessary and appropriate services to operate and maintain the subsidiaries' plant operations. NRG was reimbursed for the provided services, as well as for all reasonable and related expenses and expenditures, and payments to third parties for services and materials rendered to or on behalf of the parties to the agreements. The fees incurred under these agreements were $7 million and $27 million and for the two and eight months ended August 31, 2018, respectively.

O&M Services Agreements by and between GenConn and NRG

GenConn incurs fees under two O&M agreements with wholly-owned subsidiaries of NRG. For the two and eight months ended August 31, 2018, the aggregate fees incurred under the agreements were $1 million and $4 million, respectively.

Project Administrative Services Agreement by and between ESEC and NRG West Coast LLC

During 2018, ESEC, NRG West Coast LLC and NRG Power Marketing LLC, or PML, entered into confirmation agreements under the Project Administration Services Agreement between ESEC and NRG West Coast LLC, whereby PML purchased California Carbon Allowances which ESEC could subsequently purchase for the purposes of ESEC’s compliance with the California Cap-and-Trade Program. ESEC reimbursed costs under these agreements of $7 million and $11 million for the two and eight months ended August 31, 2018.

Administrative Services Agreement by and between Marsh Landing and NRG West Coast LLC

Marsh Landing is a party to an administrative services agreement with NRG West Coast LLC, a wholly owned subsidiary of NRG. The Company reimbursed costs under the agreement of $2 million and $11 million for the two and eight months ended August 31, 2018, respectively.

Management Services Agreement by and between the Company and NRG

Prior to the GIP Transaction, NRG provided the Company with various operational, management, and administrative services, which include human resources, accounting, tax, legal, information systems, treasury, and risk management, as set forth in the Management Services Agreement. Costs incurred under this agreement for the two and eight months ended August 31, 2018 were $2 million and $7 million, respectively. The costs incurred under the Management Services Agreement included certain direct expenses incurred by NRG on behalf of the Company in addition to the base management fee. Subsequent to the GIP Transaction, the Company entered into the NRG TSA pursuant to which NRG or certain of its affiliates began providing certain services to the Company following the consummation of the GIP Transaction, in exchange for the payment of a fee in respect of such services. Expenses related to the NRG TSA are recorded in transaction and integration costs in the consolidated statements of operations.

On August 31, 2018, in connection with the consummation of the GIP Transaction, the Company entered into a Termination Agreement with Clearway Energy LLC, Clearway Energy Operating LLC and NRG terminating the Management Services Agreement, dated as of July 22, 2013 by and among the Company, Clearway Energy LLC, Clearway Energy Operating LLC and NRG. Concurrently with entering into the Termination Agreement on August 31, 2018, the Company entered into a Transition Services Agreement with NRG, as further described in Note 1 — Nature of Business.

Note 10 - Condensed Consolidating Financial Information

9 Months Ended

Sep. 30, 2019

Condensed Financial Statements [Text Block]

Note 10 — Condensed Consolidating Financial Information

As of September 30, 2019, Clearway Energy Operating LLC had outstanding $500 million of the 2024 Senior Notes, $600 million of the 2025 Senior Notes and $350 million of the 2026 Senior Notes, collectively Senior Notes, as described in Note 10 — Long-term Debt to the consolidated financial statements included in the Company's 2018 Form 10-K. These Senior Notes are guaranteed by Clearway Energy LLC, as well as certain of the Company's subsidiaries, or guarantor subsidiaries. These guarantees are both joint and several. The non-guarantor subsidiaries include the rest of the Company's subsidiaries, including those that are subject to project financing.

Unless otherwise noted below, each of the following guarantor subsidiaries fully and unconditionally guaranteed the Senior Notes as of September 30, 2019:

Alta Wind 1-5 Holding Company, LLC

Alta Wind Company, LLC

Central CA Fuel Cell 1, LLC

Clearway Energy LLC

Clearway Energy Operating LLC

Clearway Solar Star LLC

DGPV Holding LLC

ECP Uptown Campus Holdings LLC

Energy Center Caguas Holdings LLC

Energy Center Fajardo Holdings LLC

Fuel Cell Holdings LLC

Portfolio Solar I, LLC

RPV Holding LLC

Solar Flagstaff One LLC

Solar Iguana LLC

Solar Las Vegas MB 1 LLC

Solar Tabernacle LLC

South Trent Holdings LLC

SPP Asset Holdings, LLC

SPP Fund II Holdings, LLC

SPP Fund II, LLC

SPP Fund II-B, LLC

SPP Fund III, LLC

Thermal Canada Infrastructure Holdings LLC

Thermal Infrastructure Development Holdings LLC

UB Fuel Cell, LLC

Clearway Energy Operating LLC conducts its business through and derives its income from its subsidiaries. Therefore, its ability to make required payments with respect to its indebtedness and other obligations depends on the financial results and condition of its subsidiaries and Clearway Energy Operating LLC's ability to receive funds from its subsidiaries. There are no restrictions on the ability of any of the guarantor subsidiaries to transfer funds to Clearway Energy Operating LLC. However, there may be restrictions for certain non-guarantor subsidiaries.

The following condensed consolidating financial information presents the financial information of Clearway Energy LLC, Clearway Energy Operating LLC, the issuer of the Senior Notes, the guarantor subsidiaries and the non-guarantor subsidiaries in accordance with Rule 3-10 under the SEC Regulation S-X. The financial information may not necessarily be indicative of results of operations or financial position had the guarantor subsidiaries or non-guarantor subsidiaries operated as independent entities.

In this presentation, Clearway Energy LLC consists of parent company operations. Guarantor subsidiaries and non-guarantor subsidiaries of Clearway Energy LLC are reported on an equity basis. For companies acquired, the fair values of the assets and liabilities acquired have been presented on a push-down accounting basis.

CLEARWAY ENERGY LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

For the Three Months Ended September 30, 2019

(Unaudited)

	Clearway Energy LLC		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
Operating Revenues
Total operating revenues	$	-	$	3	$	293		$	-		$	-		$	296
Operating Costs and Expenses
Cost of operations		-		-		86			-			-			86
Depreciation and amortization		-		2		110			-			-			112
Impairment losses		-		-		-			-			-			-
General and administrative		-		-		1			6			-			7
Acquisition-related transaction and integration costs		-		-		-			-			-			-
Development costs		-		-		-			1			-			1
Total operating costs and expenses		-		2		197			7			-			206
Operating Income (Loss)		-		1		96			(7	)		-			90
Other Income (Expense)
Equity in earnings (losses) of consolidated affiliates		49		6		-			42			(97	)		-
Equity in earnings of unconsolidated affiliates		-		17		9			12			-			38
Other income, net		-		-		2			-			-			2
Loss on debt extinguishment		-		-		-			-			-			-
Interest expense		-		-		(83	)		(22	)		-			(105	)
Total other income (expense), net		49		23		(72	)		32			(97	)		(65	)
Net Income		49		24		24			25			(97	)		25
Less: Net (loss) attributable to noncontrolling interests		-		-		(21	)		(25	)		21			(25	)
Net Income Attributable to Clearway Energy LLC	$	49	$	24	$	45		$	50		$	(118	)	$	50

^(a) All significant intercompany transactions have been eliminated in consolidation.

CLEARWAY ENERGY LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

For the Nine Months Ended September 30, 2019

(Unaudited)

	Clearway Energy LLC			Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
Operating Revenues
Total operating revenues	$	-		$	8	$	789		$	1		$	(1	)	$	797
Operating Costs and Expenses
Cost of operations		-			1		248			1			(1	)		249
Depreciation and amortization		-			5		280			-			-			285
Impairment losses		-			-		19			-			-			19
General and administrative		-			-		1			18			-			19
Acquisition-related transaction and integration costs		-			-		-			2			-			2
Development costs		-			-		-			4			-			4
Total operating costs and expenses		-			6		548			25			(1	)		578
Operating Income (Loss)		-			2		241			(24	)		-			219
Other Income (Expense)
Equity in losses of consolidated affiliates		(32	)		5		-			11			16			-
Equity in earnings (losses) of unconsolidated affiliates		-			27		7			18			-			52
Other income, net		1			-		5			-			-			6
Loss on debt extinguishment		-			-		(1	)		-			-			(1	)
Interest expense		-			-		(271	)		(65	)		-			(336	)
Total other (expense) income, net		(31	)		32		(260	)		(36	)		16			(279	)
Net (Loss) Income		(31	)		34		(19	)		(60	)		16			(60	)
Less: Net loss attributable to noncontrolling interests		-			-		(18	)		(29	)		18			(29	)
Net (Loss) Income Attributable to Clearway Energy LLC	$	(31	)	$	34	$	(1	)	$	(31	)	$	(2	)	$	(31	)

^(a) All significant intercompany transactions have been eliminated in consolidation.

CLEARWAY ENERGY LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME

For the Three Months Ended September 30, 2019

(Unaudited)

	Clearway Energy LLC		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
Net Income	$	49	$	24	$	24		$	25		$	(97	)	$	25
Other Comprehensive Income
Unrealized gain on derivatives		-		-		(1	)		(2	)		2			(1	)
Other comprehensive income		-		-		(1	)		(2	)		2			(1	)
Comprehensive Income		49		24		23			23			(95	)		24
Less: Comprehensive loss attributable to noncontrolling interests		-		-		(21	)		(25	)		21			(25	)
Comprehensive Income Attributable to Clearway Energy LLC	$	49	$	24	$	44		$	48		$	(116	)	$	49

^(a) All significant intercompany transactions have been eliminated in consolidation.

For the Nine Months Ended September 30, 2019

(Unaudited)

	Clearway Energy LLC			Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
Net (Loss) Income	$	(31	)	$	34	$	(19	)	$	(60	)	$	16		$	(60	)
Other Comprehensive Loss
Unrealized gain on derivatives		2			-		4			2			(6	)		2
Other comprehensive income (loss)		2			-		4			2			(6	)		2
Comprehensive (Loss) Income		(29	)		34		(15	)		(58	)		10			(58	)
Less: Comprehensive loss attributable to noncontrolling interests		-			-		(18	)		(28	)		18			(28	)
Comprehensive (Loss) Income Attributable to Clearway Energy LLC	$	(29	)	$	34	$	3		$	(30	)	$	(8	)	$	(30	)

^(a) All significant intercompany transactions have been eliminated in consolidation.

CLEARWAY ENERGY LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEETS

September 30, 2019

(Unaudited)

	Clearway Energy LLC		Other Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Clearway Energy Operating LLC (Note Issuer)		Eliminations ^(a)			*Consolidated*
	(In millions)
ASSETS
Current Assets
Cash and cash equivalents	$	29	$	-		$	116	$	-	$	-		$	145
Restricted cash		-		-			249		-		-			249
Accounts receivable — trade		-		2			138		1		-			141
Accounts receivable — affiliate		-		5			5		123		(130	)		3
Inventory		-		-			43		-		-			43
Derivative instruments		-		-			1		-		-			1
Prepayments and other current assets		-		-			33		1		-			34
Total current assets		29		7			585		125		(130	)		616
Property, plant and equipment
Net property, plant and equipment		-		63			5,499		-		-			5,562
Other Assets
Investment in consolidated subsidiaries		1,799		426			-		3,152		(5,377	)		-
Equity investments in affiliates		-		324			494		363		-			1,181
Intangible assets, net		-		10			1,093		-		-			1,103
Right of use assets, net		-		(11	)		200		2		-			191
Other non-current assets		-		-			106		3		-			109
Total other assets		1,799		749			1,893		3,520		(5,377	)		2,584
Total Assets	$	1,828	$	819		$	7,977	$	3,645	$	(5,507	)	$	8,762

^(a) All significant intercompany transactions have been eliminated in consolidation.

CLEARWAY ENERGY LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEETS

September 30, 2019

(Continued)

	Clearway Energy LLC			Other Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
LIABILITIES AND MEMBERS' EQUITY
Current Liabilities
Current portion of long-term debt — external	$	-		$	-		$	1,920		$	-		$	-		$	1,920
Current portion of long-term debt — affiliate		-			-			-			44			-			44
Accounts payable		-			4			49			1			-			54
Accounts payable — affiliate		12			1			11			168			(129	)		63
Derivative instruments		-			-			15			-			-			15
Accrued interest expense		-			-			28			21			-			49
Accrued expenses and other current liabilities		-			-			95			5			-			100
Total current liabilities		12			5			2,118			239			(129	)		2,245
Other Liabilities
Long-term debt — external		-			-			2,707			1,436			-			4,143
Derivative instruments		-			-			95			-			-			95
Long-term lease liabilities		-			(11	)		203			1			-			193
Other non-current liabilities		-			2			99			8			-			109
Total non-current liabilities		-			(9	)		3,104			1,445			-			4,540
Total Liabilities		12			(4	)		5,222			1,684			(129	)		6,785
Commitments and Contingencies
Members' Equity
Contributed capital		1,853			813			2,680			2,202			(5,694	)		1,854
Retained earnings (accumulated deficit)		5			10			21			(358	)		327			5
Accumulated other comprehensive loss		(42	)		-			(47	)		(42	)		88			(43	)
Noncontrolling interest		-			-			101			159			(99	)		161
Total Members' Equity		1,816			823			2,755			1,961			(5,378	)		1,977
Total Liabilities and Members’ Equity	$	1,828		$	819		$	7,977		$	3,645		$	(5,507	)	$	8,762

^(a) All significant intercompany transactions have been eliminated in consolidation.

CLEARWAY ENERGY LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

For the Nine Months Ended September 30, 2019

(Unaudited)

	Clearway Energy LLC			Other Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			*Consolidated*
	(In millions)
Net Cash Provided by Operating Activities	$	59		$	7		$	258		$	49		$	373
Cash Flows from Investing Activities
Intercompany transactions between Clearway Energy LLC and subsidiaries		(210	)		-			-			210			-
Acquisitions		-			-			-			(100	)		(100	)
Partnership interests acquisition		-			-			-			(6	)		(6	)
Buyout of Wind TE Holdco non-controlling interest		-			-			-			(19	)		(19	)
Capital expenditures		-			-			(200	)		-			(200	)
Return of investment from unconsolidated affiliates		-			7			26			4			37
Net investments in unconsolidated affiliates		-			(14	)		-			-			(14	)
Other		-			-			2			-			2
Net Cash (Used in) Provided by Investing Activities		(210	)		(7	)		(172	)		89			(300	)
Cash Flows from Financing Activities
Transfer of funds under intercompany cash management arrangement		5			-			(6	)		1			-
Net contributions (distributions) to (from) noncontrolling interests		-			-			28			(43	)		(15	)
(Payments of) proceeds from distributions		(116	)		-			(121	)		121			(116	)
Payment of debt issuance costs		-			-			(13	)		(2	)		(15	)
Proceeds from the revolving credit facility		-			-			-			22			22
Payments for the revolving credit facility		-			-			-			(22	)		(22	)
Proceeds from the issuance of long-term debt — external		-			-			586			-			586
Payments for long-term debt — external		-			-			(480	)		-			(480	)
Payments for long-term debt — affiliate		(7	)		-			-			(215	)		(222	)
Net Cash Used in by Financing Activities		(118	)		-			(6	)		(138	)		(262	)
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash		(269	)		-			80			-			(189	)
Cash, Cash Equivalents and Restricted Cash at beginning of period		298			-			285			-			583
Cash, Cash Equivalents and Restricted Cash at end of period	$	29		$	-		$	365		$	-		$	394

CLEARWAY ENERGY LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

For the Three Months Ended September 30, 2018

(Unaudited)

	Clearway Energy LLC		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations^(a)			*Consolidated*
	(In millions)
Operating Revenues
Total operating revenues	$	-	$	3	$	289		$	1		$	(1	)	$	292
Operating Costs and Expenses
Cost of operations		-		-		84			1			(1	)		84
Depreciation and amortization		-		2		82			-			-			84
General and administrative		-		-		-			6			-			6
Acquisition-related transaction and integration costs		-		-		-			17			-			17
Development costs		-		-		-			1			-			1
Total operating costs and expenses		-		2		166			25			(1	)		192
Operating Income (Loss)		-		1		123			(24	)		-			100
Other Income (Expense)
Equity in earnings of consolidated affiliates		65		7		-			88			(160	)		-
Equity in earnings of unconsolidated affiliates		-		12		3			17			-			32
Other income, net		1		-		1			-			-			2
Interest expense		-		-		(52	)		(18	)		-			(70	)
Total other income (expense), net		66		19		(48	)		87			(160	)		(36	)
Net Income		66		20		75			63			(160	)		64
Less: Net loss attributable to noncontrolling interests		-		-		(2	)		(2	)		2			(2	)
Net Income Attributable to Clearway Energy LLC	$	66	$	20	$	77		$	65		$	(162	)	$	66

CLEARWAY ENERGY LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF OPERATIONS

For the Nine Months Ended September 30, 2018

(Unaudited)

	Clearway Energy LLC		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
Operating Revenues
Total operating revenues	$	-	$	9	$	815		$	2		$	(2	)	$	824
Operating Costs and Expenses
Cost of operations		-		1		246			2			(2	)		247
Depreciation and amortization		-		4		243			-			-			247
General and administrative		-		-		-			17			-			17
Acquisition-related transaction and integration costs		-		-		-			19			-			19
Development costs		-		-		-			1			-			1
Total operating costs and expenses		-		5		489			39			(2	)		531
Operating Income (Loss)		-		4		326			(37	)		-			293
Other Income (Expense)
Equity in income of consolidated affiliates		266		19		-			236			(521	)		-
Equity in earnings of unconsolidated affiliates		-		32		7			26			-			65
Other income, net		1		-		3			-			-			4
Interest expense		-		-		(136	)		(54	)		-			(190	)
Total other income (expense), net		267		51		(126	)		208			(521	)		(121	)
Net Income		267		55		200			171			(521	)		172
Less: Net loss attributable to noncontrolling interests		-		-		(66	)		(95	)		66			(95	)
Net Income Attributable to Clearway Energy LLC	$	267	$	55	$	266		$	266		$	(587	)	$	267

^(a) All significant intercompany transactions have been eliminated in consolidation.

CLEARWAY ENERGY LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

For the Three Months Ended September 30, 2018

(Unaudited)

	Clearway Energy LLC^(a)		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries ^(a)			Clearway Energy Operating LLC (Note Issuer) ^(a)			*Eliminations*			*Consolidated*
	(In millions)
Net Income	$	66	$	20	$	75		$	63		$	(160	)	$	64
Other Comprehensive Income
Unrealized gain on derivatives		7		-		8			7			(15	)		7
Other comprehensive income		7		-		8			7			(15	)		7
Comprehensive Income		73		20		83			70			(175	)		71
Less: Comprehensive loss attributable to noncontrolling interests		-		-		(2	)		(2	)		2			(2	)
Comprehensive Income Attributable to Clearway Energy LLC	$	73	$	20	$	85		$	72		$	(177	)	$	73

For the Nine Months Ended September 30, 2018

(Unaudited)

	Clearway Energy LLC		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
Net Income	$	267	$	55	$	200		$	171		$	(521	)	$	172
Other Comprehensive Income
Unrealized gain on derivatives		34		1		30			34			(65	)		34
Other comprehensive income		34		1		30			34			(65	)		34
Comprehensive Income		301		56		230			205			(586	)		206
Less: Comprehensive loss attributable to noncontrolling interests		-		-		(66	)		(95	)		66			(95	)
Comprehensive Income Attributable to Clearway Energy LLC	$	301	$	56	$	296		$	300		$	(652	)	$	301

^(a) All significant intercompany transactions have been eliminated in consolidation.

CLEARWAY ENERGY LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEETS

December 31, 2018

	Clearway Energy LLC		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Clearway Energy Operating LLC (Note Issuer)		Eliminations ^(a)			*Consolidated*
	(In millions)
ASSETS
Current Assets
Cash and cash equivalents	$	298	$	-	$	109	$	-	$	-		$	407
Restricted cash		-		-		176		-		-			176
Accounts receivable — trade		-		1		103		-		-			104
Accounts receivable — affiliate		8		-		-		11		(14	)		5
Inventory		-		-		40		-		-			40
Prepayments and other current assets		-		-		27		2		-			29
Total current assets		306		1		455		13		(14	)		761

Net property, plant and equipment		-		65		5,180		-		-			5,245
Other Assets
Investment in consolidated subsidiaries		1,676		417		-		3,250		(5,343	)		-
Equity investments in affiliates		-		289		522		361		-			1,172
Intangible assets, net		-		11		1,145		-		-			1,156
Derivative instruments		-		-		8		-		-			8
Other non-current assets		-		-		103		3		-			106
Total other assets		1,676		717		1,778		3,614		(5,343	)		2,442
Total Assets	$	1,982	$	783	$	7,413	$	3,627	$	(5,357	)	$	8,448

^(a) All significant intercompany transactions have been eliminated in consolidation.

CLEARWAY ENERGY LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING BALANCE SHEETS

December 31, 2018

(Continued)

	Clearway Energy LLC			Other Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
LIABILITIES AND MEMBERS' EQUITY
Current Liabilities
Current portion of long-term debt — external	$	-		$	-		$	314		$	-		$	-		$	314
Current portion of long-term debt — affiliate		-			-			-			215			-			215
Accounts payable		-			1			36			8			-			45
Accounts payable — affiliate		-			-			23			11			(14	)		20
Derivative instruments		-			-			4			-			-			4
Accrued interest expense		-			-			17			27			-			44
Accrued expenses and other current liabilities		-			-			53			4			-			57
Total current liabilities		-			1			447			265			(14	)		699
Other Liabilities
Long-term debt — external		-			-			3,970			1,434			-			5,404
Long-term debt — affiliate		-			-			-			44			-			44
Derivative instruments		-			-			17			-			-			17
Other non-current liabilities		-			2			92			8			-			102
Total non-current liabilities		-			2			4,079			1,486			-			5,567
Total Liabilities		-			3			4,526			1,751			(14	)		6,266
Commitments and Contingencies
Members' Equity
Contributed capital		1,940			804			2,708			1,930			(5,442	)		1,940
Retained earnings (accumulated deficit)		86			(24	)		108			(210	)		126			86
Accumulated other comprehensive loss		(44	)		-			(51	)		(44	)		95			(44	)
Noncontrolling Interest		-			-			122			200			(122	)		200
Total Members' Equity		1,982			780			2,887			1,876			(5,343	)		2,182
Total Liabilities and Members’ Equity	$	1,982		$	783		$	7,413		$	3,627		$	(5,357	)	$	8,448

^(a) All significant intercompany transactions have been eliminated in consolidation.

CLEARWAY ENERGY LLC AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENTS OF CASH FLOWS

For the Nine Months Ended September 30, 2018

(Unaudited)

	Clearway Energy LLC			Other Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			*Consolidated*
	(In millions)
Net Cash Provided by (Used in) Operating Activities	$	-		$	9		$	429		$	(41	)	$	397
Cash Flows from Investing Activities
Intercompany transactions from Clearway Energy LLC to subsidiaries		108			-			-			(108	)		-
Partnership interests acquisition		-			-			-			(11	)		(11	)
Acquisition of the Drop Down Assets		-			-			-			(126	)		(126	)
Capital expenditures		-			-			(62	)		-			(62	)
Cash receipts from notes receivable		-			-			10			-			10
Return of investment from unconsolidated affiliates		-			7			11			4			22
Net investments in unconsolidated affiliates		-			(16	)		-			-			(16	)
Other		-			-			8			-			8
Net Cash (Used in) Provided by Investing Activities		108			(9	)		(33	)		(241	)		(175	)
Cash Flows from Financing Activities
Transfer of funds under intercompany cash management arrangement		4			-			(3	)		(1	)		-
Net contributions from noncontrolling interests		-			-			98			10			108
Proceeds from the issuance of Class C units		151			-			-			-			151
(Payments of) proceeds from distributions		(174	)		-			(362	)		347			(189	)
Payments of debt issuance costs		-			-			(2	)		(3	)		(5	)
Proceeds from the revolving credit facility		-			-			-			35			35
Payments for the revolving credit facility		-			-			-			(90	)		(90	)
Proceeds from the issuance of long-term debt - external		-			-			227			-			227
Payments for long-term debt — external		-			-			(369	)		-			(369	)
Payments for long-term debt — affiliate		-			-			-			(16	)		(16	)
Net Cash (Used in) Provided by Financing Activities		(19	)		-			(411	)		282			(148	)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash		89			-			(15	)		-			74
Cash, Cash Equivalents and Restricted Cash at beginning of period		22			-			292			-			314
Cash, Cash Equivalents and Restricted Cash at end of period	$	111		$	-		$	277		$	-		$	388

Note 11 - Contingencies

9 Months Ended

Sep. 30, 2019

Contingencies Disclosure [Text Block]

Note 11 — Contingencies

This note should be read in conjunction with the complete description under Note 14 — Commitments and Contingencies, to the Company's 2018 Form 10-K.

Contingencies

The Company's material legal proceedings are described below. The Company believes that it has valid defenses to these legal proceedings and intends to defend them 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 matters 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 proceedings 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 estimates of such contingencies 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 proceedings 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.

Nebraska Public Power District Litigation

On January 11, 2019, Nebraska Public Power District, or NPPD, sent written notice to certain of the Company’s subsidiaries which own the Laredo Ridge and Elkhorn Ridge wind projects alleging an event of default under each of the PPAs between NPPD and the projects. NPPD alleges that the Company moved forward with certain transactions without obtaining the consent of NPPD. NPPD threatened to terminate the applicable PPAs by February 11, 2019 if the alleged default was not cured. The Company filed a motion for a temporary restraining order and preliminary injunction in the U.S. District Court for the District of Nebraska relating to the Laredo Ridge project, and a similar motion in the District Court of Knox County, Nebraska for the Elkhorn Ridge project, to enjoin NPPD from taking any actions related to the PPAs. On February 19, 2019, the U.S. District Court in the Laredo Ridge matter approved a stipulation between the parties to provide for an injunction preventing NPPD from terminating the PPA pending disposition of the litigation. On February 26, 2019, the Knox County District Court approved a similar stipulation relating to the Elkhorn Ridge project. Additionally, Elkhorn Ridge was added as a third-party defendant to the litigation in the U.S. District Court. On September 23, 2019, NPPD filed amended complaints in the U.S. District Court, to which Laredo Ridge and Elkhorn Ridge responded on October 7, 2019. The Company believes the allegations of NPPD are meritless and the Company is vigorously defending its rights under the PPAs.

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. Buckthorn Westex believes the allegations of Georgetown are meritless, and Buckthorn Westex is vigorously defending its rights under the PPA.

Note 12 - Leases

9 Months Ended

Sep. 30, 2019

Leases of Lessee Disclosure [Text Block]

Note 12 — Leases

Adoption of Topic 842

The Company adopted ASU No. 2019-01, Leases (Topic 842), or Topic 842, on January 1, 2019 using the modified retrospective transition method and therefore, prior period financial information has not been adjusted and continues to be reflected in accordance with the Company’s historical accounting policy. Topic 842 requires the establishment of a lease liability and related right-of-use, or ROU, asset for all leases with a term longer than 12 months. The Company elected certain of the permitted practical expedients, including the expedient that permits the Company to retain its existing lease assessment and classification. The Company also elected to account for lease and non-lease components for specific asset classes as a single lease component.

The adoption of the standard resulted in the recording of operating lease liabilities of $174 million and related ROU assets of $168 million. There was no impact to the Company’s consolidated statement of operations or cash flows. The Company utilized its incremental borrowing rate at adoption date, ranging from 4.04% - 4.67%, to determine the amount of the lease liabilities.

Accounting for Leases

The Company evaluates each arrangement at inception to determine if it contains a lease. All of the Company’s leases are operating leases as of September 30, 2019.

Lessee

The Company records its operating lease liabilities at the present value at lease commencement date of the lease payments over the lease term. 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 as the expense is incurred. The Company determines the relevant lease term by evaluating whether renewal and termination options are reasonably to 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 three and nine months ended September 30, 2019 was comprised of the following:


(In millions)	Three months ended September 30, 2019		Nine months ended September 30, 2019
Operating lease cost	$	2	$	6
Variable lease cost		3		10
Total lease cost	$	5	$	16

Operating lease information as of September 30, 2019 was as follows:

(In millions, except term and rate)
ROU Assets - operating leases, net	$	191

Short-term lease liability - operating leases ^(a)		6
Long-term lease liability - operating leases		193
Total lease liability	$	199

Cash paid for operating leases	$	7
Weighted average remaining lease term		24
Weighted average discount rate		4.4	%

^(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 September 30, 2019.

Maturities of operating lease liabilities as of September 30, 2019 are as follows:

(In millions)
Remainder of 2019	$	4
2020		14
2021		14
2022		14
2023		13
Thereafter		267
Total lease payments		326
Less imputed interest		(127	)
Total lease liability - operating leases	$	199

Future minimum lease commitments under operating leases as of December 31, 2018 are as follows:

(In millions)
2019	$	13
2020		13
2021		13
2022		13
2023		12
Thereafter		207
Total lease payments	$	271

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 $21 million and corresponding right-of-use asset of $19 million related to the leases as of September 30, 2019.

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 — MD&A, Introduction, Environmental, Regulatory of this Form 10-Q. 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 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. As disclosed in Note 2 — Summary of Significant Accounting Policies, the following amounts of energy and capacity revenue are related to the Company’s leases:

Three months ended September 30, 2019

(In millions)

Conventional Generation

Renewables

Thermal

Total

Energy revenue
$ 2 $ 160 $ 1 $ 163

Capacity revenue
89 - - 89

Operating revenue
$ 92 $ 160 $ 1 $ 252

Nine months ended September 30, 2019

(In millions)

Conventional Generation

Renewables

Thermal

Total

Energy revenue
$ 4 $ 416 $ 2 $ 422

Capacity revenue
253 - - 253

Operating revenue
$ 257 $ 416 $ 2 $ 675

Minimum future rent payments under the operating leases for the remaining periods as of September 30, 2019:

(In millions)

Remainder of 2019
$ 91

2020
337

2021
341

2022
346

2023
154

Total lease payments
$ 1,269

Property, plant and equipment, net related to the Company’s operating leases were as follows as of September 30, 2019:

(In millions)

Property, plant and equipment
$ 6,230

Accumulated depreciation
(1,600 )

Net property, plant and equipment
$ 4,629

Note 13 - Asset Impairments

9 Months Ended

Sep. 30, 2019

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

Note 13 — Asset Impairments

The Company recorded an impairment loss of $19 million related to a facility in the Thermal segment during the second quarter of 2019. The fair value of the facility was determined using an income approach by applying a discounted cash flow methodology to the long-term budgets for each respective plant. The income approach utilized estimates of discounted future cash flows, which were Level 3 fair value measurement and include key inputs, such as forecasted power prices, operations and maintenance expense, and discount rates. The Company measured the impairment loss as the difference between the carrying amount and the fair value of the assets.

Significant Accounting Policies (Policies)

9 Months Ended

Sep. 30, 2019

Accounting Policies [Abstract]

Use of Estimates, Policy [Policy Text Block]

Use of Estimates

Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]

Cash and 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 $116 million and $109 million as of September 30, 2019 and December 31, 2018, 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 statements of cash flows.

	*September 30,*		*December 31,*
	*2019*		*2018*
	(In millions)
Cash and cash equivalents	$	145	$	407
Restricted cash		249		176
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$	394	$	583

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 September 30, 2019, these restricted funds were comprised of $78 million designated to fund operating expenses, $70 million designated for current debt service payments, and $53 million restricted for reserves including debt service, performance obligations and other reserves, as well as capital expenditures. The remaining $48 million is held in distribution reserve accounts, of which $36 million related to subsidiaries affected by the PG&E Bankruptcy as discussed in Note 1 — Nature of Business, and may not be distributed during the pendency of the bankruptcy. The Company had a total of $147 million in restricted cash held by the subsidiaries affected by the PG&E Bankruptcy at September 30, 2019.

Depreciation, Depletion, and Amortization [Policy Text Block]

Accumulated Depreciation, Accumulated Amortization

The following table presents the accumulated depreciation included in the property, plant and equipment, net, and accumulated amortization included in intangible assets, net, respectively, as of September 30, 2019 and December 31, 2018:

	September 30, 2019		December 31, 2018
	(In millions)
Property, Plant and Equipment Accumulated Depreciation	$	1,830	$	1,590
Intangible Assets Accumulated Amortization		361		308

Distributions [Policy Text Block]

Distributions

The following table lists distributions paid on Clearway Energy LLC's Class A, B, C and D units during the nine months ended September 30, 2019:

		*Third Quarter 2019*				*Second Quarter 2019*				*First Quarter 2019*
Distributions per Class A, B, C and D unit		$	0.20			$	0.20			$	0.20

On October 29, 2019, Clearway Energy LLC declared a distribution on its Class B and Class D units of $0.20 per unit payable on December 16, 2019 to unit holders of record as of December 2, 2019.

Revenue [Policy Text Block]

Revenue Recognition

Revenue from Contracts with Customers

On January 1, 2018, the Company adopted the guidance in ASC 606, Revenue from Contracts with Customers, or Topic 606, using the modified retrospective method applied to contracts which were not completed as of the adoption date, with no adjustment required to the financial statements upon adoption. Following the adoption of the new standard, the Company’s revenue recognition of its contracts with customers remains materially consistent with its historical practice. The comparative information has not been restated and continues to be reported under the accounting standards in effect for those periods. 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 income statement.

As contracts for steam and chilled water are long-term contracts, the Company has performance obligations under these contracts that have not yet been satisfied. These performance obligations have transaction prices that are both fixed and variable, and which vary based on the contract duration, customer type, inception date and other contract-specific factors. For the fixed price contracts, the Company cannot accurately estimate the amount of its unsatisfied performance obligations as it will vary based on customer usage, which will depend on factors such as weather and customer activity.

Power Purchase Agreements

The majority of the Company’s revenues are obtained through PPAs or other 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 leases. ASC 840 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. Management's judgment is required 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.

Renewable Energy Credits

Renewable energy credits, or RECs, are usually sold through long-term PPAs. 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.

Sale of Emission Allowances

The Company records its bank of emission allowances as part of intangible assets. From time to time, management may authorize the transfer of emission allowances in excess of usage from the Company's emission bank to intangible assets held-for-sale for trading purposes. The Company records the sale of emission allowances on a net basis within operating revenue in the Company's consolidated statements of operations.

Disaggregated Revenues

The following tables represent the Company’s disaggregation of revenue from contracts with customers along with the reportable segment for each category for the three and nine months ended September 30, 2019:

	*Three months ended September 30, 2019*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Total*
Energy revenue^(a)	$	2		$	167		$	3		$	172
Capacity revenue^(a)		89			-			44			133
Contract amortization		(1	)		(16	)		(1	)		(18	)
Mark-to-market for economic hedging activities		-			(2	)		-			(2	)
Other revenue		-			2			9			11
Total operating revenue		90			151			55			296
Less: Mark-to-market for economic hedging activities		-			2			-			2
Less: Lease revenue		(91	)		(160	)		(1	)		(252	)
Less: Contract amortization		1			16			1			18
Total revenue from contracts with customers	$	-		$	9		$	55		$	64

^(a)The following amounts of energy and capacity revenue relate to leases and are accounted for under ASC 842:

(In millions)	*Conventional Generation*		*Renewables*		*Thermal*		*Total*
Energy revenue	$	2	$	160	$	1	$	163
Capacity revenue		89		-		-		89
	$	91	$	160	$	1	$	252

	*Nine months ended September 30, 2019*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Total*
Energy revenue^(a)	$	4		$	441		$	6			451
Capacity revenue^(a)		253			-			126			379
Contract amortization		(4	)		(46	)		(2	)		(52	)
Mark-to-market for economic hedging activities		-			(9	)		-			(9	)
Other revenue		-			6			22			28
Total operating revenue		253			392			152			797
Less: Mark-to-market for economic hedging activities		-			9			-			9
Less: Lease revenue		(257	)		(416	)		(2	)		(675	)
Less: Contract amortization		4			46			2			52
Total revenue from contracts with customers	$	-		$	31		$	152		$	183

^(a)The following amounts of energy and capacity revenue relate to leases and are accounted for under ASC 842:

(In millions)	*Conventional Generation*		*Renewables*		*Thermal*		*Total*
Energy revenue	$	4	$	416	$	2	$	422
Capacity revenue		253		-		-		253
	$	257	$	416	$	2	$	675

	*Three months ended September 30, 2018*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Total*
Energy revenue^(a)	$	2		$	164		$	-		$	166
Capacity revenue^(a)		86			-			46			132
Contract amortization		(1	)		(15	)		(1	)		(17	)
Other revenue		-			3			8			11
Total operating revenue		87			152			53			292
Less: Lease revenue		(88	)		(158	)		-			(246	)
Less: Contract amortization		1			15			1			17
Total revenue from contracts with customers	$	-		$	9		$	54		$	63

^(a)The following amounts of energy and capacity revenue relate to leases and are accounted for under ASC 840:

(In millions)	*Conventional Generation*		*Renewables*		*Thermal*		*Total*
Energy revenue	$	2	$	158	$	-	$	160
Capacity revenue		86		-		-		86
	$	88	$	158	$	-	$	246

	*Nine months ended September 30, 2018*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Total*
Energy revenue^(a)	$	5		$	463		$	2		$	470
Capacity revenue^(a)		250			-			127			377
Contract amortization		(4	)		(46	)		(2	)		(52	)
Other revenue		-			10			19			29
Total operating revenue		251			427			146			824
Less: Lease revenue		(255	)		(438	)		(1	)		(694	)
Less: Contract amortization		4			46			2			52
Total revenue from contracts with customers	$	-		$	35		$	147		$	182

^(a) The following amounts of energy and capacity revenue relate to leases and are accounted for under ASC 840:

(In millions)	*Conventional Generation*		*Renewables*		*Thermal*		*Total*
Energy revenue	$	5	$	438	$	1	$	444
Capacity revenue		250		-		-		250
	$	255	$	438	$	1	$	694

Contract Amortization

Assets and liabilities recognized from power sales agreements assumed through acquisitions related to the sale of electric capacity and energy in future periods for which the fair value has been determined to be significantly less (more) than market 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 contract assets and liabilities included on the Company’s balance sheet as of September 30, 2019:

(In millions)	*September 30, 2019*
Accounts receivable, net - Contracts with customers	$	31
Accounts receivable, net - Leases		110
Total accounts receivable, net ^(a)	$	141

^(a) Total accounts receivable, net, excludes $5 million generated at projects affected by PG&E Bankruptcy, which were reclassified to non-current assets as of September 30, 2019.

Note 2 - Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Cash and Cash Equivalents [Table Text Block]

	*September 30,*		*December 31,*
	*2019*		*2018*
	(In millions)
Cash and cash equivalents	$	145	$	407
Restricted cash		249		176
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$	394	$	583

Schedule of Accumulated Depreciation and Amortization [Table Text Block]

<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="width: 80%; text-indent: 0px; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-right: 10%; margin-left: 10%;"> <tbody> <tr style="background-color: rgb(255, 255, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 66%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td colspan="3" rowspan="1" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 15%;"> September 30, 2019 </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; padding-bottom: 1px; width: 1%;"> </td> <td colspan="3" rowspan="1" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 1px solid rgb(0, 0, 0); width: 15%;"> December 31, 2018 </td> </tr> <tr style="background-color: rgb(255, 255, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 66%;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 1%;"> </td> <td colspan="7" rowspan="1" style="text-align: center; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; width: 32%;"> (In millions) </td> </tr> <tr style="background-color: rgb(204, 238, 255); vertical-align: bottom"> <td style="width: 66%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Property, Plant and Equipment Accumulated Depreciation </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,830</td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 14%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">1,590</td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="background-color: rgb(255, 255, 255); vertical-align: bottom"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 66%;"> Intangible Assets Accumulated Amortization </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 14%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">361</td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt;"> </td> <td style="width: 14%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">308</td> <td style="width: 1%; font-family: "Times New Roman",Times,serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> </tbody> </table>

Distributions Made to Limited Liability Company (LLC) Member, by Distribution [Table Text Block]

		*Third Quarter 2019*				*Second Quarter 2019*				*First Quarter 2019*
Distributions per Class A, B, C and D unit		$	0.20			$	0.20			$	0.20

Disaggregation of Revenue [Table Text Block]

	*Three months ended September 30, 2019*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Total*
Energy revenue^(a)	$	2		$	167		$	3		$	172
Capacity revenue^(a)		89			-			44			133
Contract amortization		(1	)		(16	)		(1	)		(18	)
Mark-to-market for economic hedging activities		-			(2	)		-			(2	)
Other revenue		-			2			9			11
Total operating revenue		90			151			55			296
Less: Mark-to-market for economic hedging activities		-			2			-			2
Less: Lease revenue		(91	)		(160	)		(1	)		(252	)
Less: Contract amortization		1			16			1			18
Total revenue from contracts with customers	$	-		$	9		$	55		$	64

(In millions)	*Conventional Generation*		*Renewables*		*Thermal*		*Total*
Energy revenue	$	2	$	160	$	1	$	163
Capacity revenue		89		-		-		89
	$	91	$	160	$	1	$	252

	*Nine months ended September 30, 2019*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Total*
Energy revenue^(a)	$	4		$	441		$	6			451
Capacity revenue^(a)		253			-			126			379
Contract amortization		(4	)		(46	)		(2	)		(52	)
Mark-to-market for economic hedging activities		-			(9	)		-			(9	)
Other revenue		-			6			22			28
Total operating revenue		253			392			152			797
Less: Mark-to-market for economic hedging activities		-			9			-			9
Less: Lease revenue		(257	)		(416	)		(2	)		(675	)
Less: Contract amortization		4			46			2			52
Total revenue from contracts with customers	$	-		$	31		$	152		$	183

(In millions)	*Conventional Generation*		*Renewables*		*Thermal*		*Total*
Energy revenue	$	4	$	416	$	2	$	422
Capacity revenue		253		-		-		253
	$	257	$	416	$	2	$	675

	*Three months ended September 30, 2018*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Total*
Energy revenue^(a)	$	2		$	164		$	-		$	166
Capacity revenue^(a)		86			-			46			132
Contract amortization		(1	)		(15	)		(1	)		(17	)
Other revenue		-			3			8			11
Total operating revenue		87			152			53			292
Less: Lease revenue		(88	)		(158	)		-			(246	)
Less: Contract amortization		1			15			1			17
Total revenue from contracts with customers	$	-		$	9		$	54		$	63

(In millions)	*Conventional Generation*		*Renewables*		*Thermal*		*Total*
Energy revenue	$	2	$	158	$	-	$	160
Capacity revenue		86		-		-		86
	$	88	$	158	$	-	$	246

	*Nine months ended September 30, 2018*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Total*
Energy revenue^(a)	$	5		$	463		$	2		$	470
Capacity revenue^(a)		250			-			127			377
Contract amortization		(4	)		(46	)		(2	)		(52	)
Other revenue		-			10			19			29
Total operating revenue		251			427			146			824
Less: Lease revenue		(255	)		(438	)		(1	)		(694	)
Less: Contract amortization		4			46			2			52
Total revenue from contracts with customers	$	-		$	35		$	147		$	182

(In millions)	*Conventional Generation*		*Renewables*		*Thermal*		*Total*
Energy revenue	$	5	$	438	$	1	$	444
Capacity revenue		250		-		-		250
	$	255	$	438	$	1	$	694

Contract with Customer, Asset and Liability [Table Text Block]

(In millions)	*September 30, 2019*
Accounts receivable, net - Contracts with customers	$	31
Accounts receivable, net - Leases		110
Total accounts receivable, net ^(a)	$	141

Note 4 - Investments Accounted for by the Equity Method and Variable Interest Entities (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Variable Interest Entities [Table Text Block]

(In millions)	Oahu Solar Partnership		Kawailoa Partnership		Alta Wind TE Holdco		Spring Canyon		Buckthorn Renewables, LLC		Repowering Partnership LLC
Other current and non-current assets	$	38	$	36	$	56	$	3	$	11	$	17
Property, plant and equipment		190		147		387		87		217		320
Intangible assets		-		-		240		-		-		1
Total assets		228		183		683		90		228		338
Current and non-current liabilities		190		167		39		5		141		36
Total liabilities		190		167		39		5		141		36
Noncontrolling interest		2		16		53		35		62		(13	)
Net assets less noncontrolling interests	$	36	$	-	$	591	$	50	$	25	$	315

Equity Method Investment, Summarized Financial Information [Table Text Block]

(In millions)	Three months ended September 30,					Nine months ended September 30,
Income Statement Data:	*2019*			*2018*		*2019*			*2018*
Operating revenues	$	26		$	22	$	63		$	55
Operating loss		14			10		26			20
Net (loss) income	$	(1	)	$	10	$	(16	)	$	21

(In millions)	*September 30, 2019*			*December 31, 2018*
Balance sheet Data:
Current assets	$	148		$	41
Property, plant and equipment, net		840			828
Non-current assets		51			7
Current liabilities		94			137
Non-current liabilities		415			314
Redeemable noncontrolling interest		(1	)		-
Noncontrolling interest		43			9

Unconsolidated Entities [Member]

Schedule of Variable Interest Entities [Table Text Block]

(In millions)	Maximum exposure to loss
Four Brothers Solar, LLC	$	184
GenConn Energy LLC		94
DGPV Holdco 3 LLC		160
DGPV Holdco 1 LLC		84
Granite Mountain Holdings, LLC		66
DGPV Holdco 2 LLC		63
Iron Springs Holdings, LLC		47
RPV Holdco 1 LLC		17

- Definition

Tabular disclosure of the significant judgments and assumptions made in determining whether a variable interest (as defined) held by the entity requires the variable interest entity (VIE) (as defined) to be consolidated and (or) disclose information about its involvement with the VIE, individually or in aggregate (as applicable); the nature of restrictions, if any, on the consolidated VIE's assets and on the settlement of its liabilities reported by an entity in its statement of financial position, including the carrying amounts of such assets and liabilities; the nature of, and changes in, the risks associated with involvement in the VIE; how involvement with the VIE affects the entity's financial position, financial performance, and cash flows; the lack of recourse if creditors (or beneficial interest holders) of the consolidated VIE have no recourse to the general credit of the primary beneficiary (if applicable); the terms of arrangements, giving consideration to both explicit arrangements and implicit variable interests, if any, that could require the entity to provide financial support to the VIE, including events or circumstances that could expose the entity to a loss; the methodology used by the entity for determining whether or not it is the primary beneficiary of the variable interest entity; the significant factors considered and judgments made in determining that the power to direct the activities of a VIE that most significantly impact the VIE's economic performance are shared (as defined); the carrying amounts and classification of assets and liabilities of the VIE included in the statement of financial position; the entity's maximum exposure to loss, if any, as a result of its involvement with the VIE, including how the maximum exposure is determined and significant sources of the entity's exposure to the VIE; a comparison of the carrying amounts of the assets and liabilities and the entity's maximum exposure to loss; information about any liquidity arrangements, guarantees, and (or) other commitments by third parties that may affect the fair value or risk of the entity's variable interest in the VIE; whether or not the entity has provided financial support or other support (explicitly or implicitly) to the VIE that it was not previously contractually required to provide or whether the entity intends to provide that support, including the type and amount of the support and the primary reasons for providing the support; and supplemental information the entity determines necessary to provide.

+ References + Details

Note 5 - Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2019

Fair Value, by Balance Sheet Grouping [Table Text Block]

	*As of September 30, 2019*				*As of December 31, 2018*
	*Carrying Amount*		*Fair Value*		*Carrying Amount*		*Fair Value*
(In millions)
Liabilities:
Long-term debt — affiliate, including current portion		44		43		259		257
Long-term debt — external, including current portion ^(a)	$	6,134	$	6,129	$	5,779	$	5,681

Fair Value Option, Disclosures [Table Text Block]

	*As of September 30, 2019*				*As of December 31, 2018*
(In millions)	*Level 2*		*Level 3*		*Level 2*		*Level 3*
Long-term debt, including current portion	$	1,550	$	4,622	$	1,358	$	4,580

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	*As of September 30, 2019*						*As of December 31, 2018*
	Fair Value^(a)						Fair Value^(a)
(In millions)	*Level 2*		*Level 3*		*Total*		*Level 2*
Derivative assets:
Commodity contracts	$	1	$	-	$	1	$	-
Interest rate contracts		-		-		-		11
Total assets		1		-		1		11
Derivative liabilities:
Commodity contracts		-		9		9		-
Interest rate contracts		101		-		101		21
Total liabilities	$	101	$	9	$	110	$	21

	*Three months ended September 30,*					*Nine months ended September 30,*
	*2019*			*2018*		*2019*			*2018*
(In millions)	Fair Value Measurement Using Significant Unobservable Inputs (Level 3)					Fair Value Measurement Using Significant Unobservable Inputs (Level 3)
Beginning balance	$	(7	)	$	-	$	-		$	-
Total losses for the period included in earnings		(2	)		‑		(2	)		‑
Purchases		‑			‑		(7	)		‑
Ending balance	$	(9	)	$	-	$	(9	)	$	-

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

September 30, 2019

Fair Value

Input/Range

Assets

Liabilities

Valuation Technique

Significant Unobservable Input

Low

High

Weighted Average

(In millions)

Power Contracts

Discounted Cash Flow

Forward Market Price (per MWh)

Note 6 - Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Notional Amounts of Outstanding Derivative Positions [Table Text Block]

		*Total Volume*
(In millions)		*September 30, 2019*			*December 31, 2018*
Commodity	*Units*
Power	MWh		(2	)		-
Natural Gas	MMBtu		3			1
Interest	Dollars	$	1,756		$	1,862

Schedule of Derivatives Instruments Statements of Financial Performance and Financial Position, Location [Table Text Block]

	*Fair Value*
	Derivative Assets^(a)				*Derivative Liabilities*
	*September 30, 2019*		*December 31, 2018*		*September 30, 2019*		*December 31, 2018*
	(In millions)
Derivatives Designated as Cash Flow Hedges:
Interest rate contracts current	$	-	$	2	$	3	$	1
Interest rate contracts long-term		-		3		14		6
Total Derivatives Designated as Cash Flow Hedges		-		5		17		7
Derivatives Not Designated as Cash Flow Hedges:
Interest rate contracts current		-		1		12		3
Interest rate contracts long-term		-		5		72		11
Commodity contracts current		1		-		-		-
Commodity contracts long-term		-		-		9		-
Total Derivatives Not Designated as Cash Flow Hedges		1		6		93		14
Total Derivatives	$	1	$	11	$	110	$	21

Offsetting Liabilities [Table Text Block]

As of September 30, 2019	Gross Amounts of Recognized Assets/Liabilities			Derivative Instruments			*Net Amount*
Commodity contracts:	(In millions)
Derivative assets	$	1		$	(1	)	$	-
Derivative liabilities		(9	)		1			(8	)
Total commodity contracts	$	(8	)	$	-		$	(8	)
Interest rate contracts:
Derivative assets		-			-			-
Derivative liabilities		(101	)		-			(101	)
Total interest rate contracts	$	(101	)	$	-		$	(101	)
Total derivative instruments	$	(109	)	$	-		$	(109	)

As of December 31, 2018	Gross Amounts of Recognized Assets/Liabilities			Derivative Instruments			*Net Amount*
Interest rate contracts:	(In millions)
Derivative assets	$	11		$	(1	)	$	10
Derivative liabilities		(21	)		1			(20	)
Total interest rate contracts	$	(10	)	$	—		$	(10	)
Total derivative instruments	$	(10	)	$	—		$	(10	)

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

	Three Months Ended September 30,						Nine Months Ended September 30,
	*2019*			*2018*			*2019*			*2018*
	(In millions)
Accumulated OCL beginning balance	$	(42	)	$	(42	)	$	(45	)	$	(69	)
Reclassified from accumulated OCL to income due to realization of previously deferred amounts		4			5			21			13
Mark-to-market of cash flow hedge accounting contracts		(5	)		2			(19	)		21
Accumulated OCL ending balance	$	(43	)	$	(35	)	$	(43	)	$	(35	)
Accumulated OCL attributable to noncontrolling interests		(43	)		(1	)		(43	)		(1	)
Accumulated OCL attributable to Clearway Energy LLC	$	-		$	(34	)	$	-		$	(34	)
Losses expected to be realized from OCL during the next 12 months	$	(10	)				$	(10	)

Derivative Instruments, Gain (Loss) [Table Text Block]

	Three Months Ended September 30,					Nine Months Ended September 30,
	*2019*			*2018*		*2019*			*2018*
	(In millions)
Interest Rate Contracts (Interest Expense)	$	(28	)	$	9	$	(82	)	$	40

Note 7 - Long-term Debt (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Debt [Table Text Block]

	*September 30, 2019*			*December 31, 2018*			September 30, 2019, interest rate % ^(a)		Letters of Credit Outstanding at September 30, 2019
	(In millions, except rates)
Long-term debt — affiliate, due 2019	$	-		$	215			3.580
Long-term debt — affiliate, due 2020		44			44			3.325
2024 Senior Notes		500			500			5.375
2025 Senior Notes		600			600			5.750
2026 Senior Notes		350			350			5.000
Clearway Energy LLC and Clearway Energy Operating LLC Revolving Credit Facility, due 2023 ^(b)		-			-			L+1.75		52
Project-level debt:
Agua Caliente Borrower 2, due 2038^(c)(d)		38			39			5.430		17
Alpine, due 2022 ^(c)		121			127			L+2.00		16
Alta Wind I - V lease financing arrangements, due 2034 and 2035		859			886			5.696 - 7.015		29
Buckthorn Solar, due 2025		130			132			L+1.750		26
CVSR, due 2037^(c)		696			720			2.339 - 3.775		-
CVSR Holdco Notes, due 2037^(c)		182			188			4.680		13
Duquesne, due 2059		95			-			4.620
El Segundo Energy Center, due 2023		303			352			L+1.75 - L+2.375		138
Energy Center Minneapolis Series D, E, F, G, H Notes, due 2025-2037		328			328			various		-
Laredo Ridge, due 2028		86			89			L+2.125		10
Kansas South, due 2030 ^(c)		25			26			L+2.00		2
Kawailoa Solar Holdings LLC, due 2026		134			-			L+1.375		5
Marsh Landing, due 2023^(c)		223			263			L+2.125		27
Oahu Solar Holdings LLC, due 2026		157			-			L+1.375		11
Repowering Partnership Holdco LLC, due 2020		298			-			L+0.85		29
South Trent Wind, due 2028		44			50			L+1.350		12
Tapestry, due 2031		159			151			L+1.375		19
Utah Solar Portfolio, due 2022		260			267			L+2.625		13
Viento, due 2023		42			146			L+2.00		14
Walnut Creek, due 2023		189			222			L+1.75		82
Other		315			343			various		24
Subtotal project-level debt:		4,684			4,329
Total debt		6,178			6,038
Less current maturities		(1,964	)		(529	)
Less net debt issuance costs		(71	)		(61	)
Total long-term debt	$	4,143		$	5,448

Note 8 - Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2019

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	*Three months ended September 30, 2019*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Corporate*			*Total*
Operating Revenues	$	90		$	151		$	55		$	-		$	296
Cost of operations		14			36			36			-			86
Depreciation and amortization		25			80			7			-			112
General and administrative		-			1			1			5			7
Development costs		-			-			1			-			1
Operating Income (Loss)		51			34			10			(5	)		90
Equity in earnings of unconsolidated affiliates		3			35			-			-			38
Other income, net		-			2			-			-			2
Interest expense		(13	)		(65	)		(5	)		(22	)		(105	)
Net Income (Loss)		41			6			5			(27	)		25
Total Assets	$	1,766		$	6,330		$	632		$	34		$	8,762

	*Three months ended September 30, 2018*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Corporate*			*Total*
Operating Revenues	$	87		$	152		$	53		$	-		$	292
Cost of operations		12			39			33			-			84
Depreciation and amortization		26			52			6			-			84
General and administrative		-			-			-			6			6
Acquisition-related transaction and integration costs		-			-			-			17			17
Development costs		-			-			-			1			1
Operating Income (Loss)		49			61			14			(24	)		100
Equity in earnings of unconsolidated affiliates		3			29			-			-			32
Other income, net		-			1			-			1			2
Interest expense		(13	)		(36	)		(4	)		(17	)		(70	)
Net Income (Loss)	$	39		$	55		$	10		$	(40	)	$	64

	*Nine months ended September 30, 2019*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Corporate*			*Total*
Operating Revenues	$	253		$	392		$	152		$	-		$	797
Cost of operations		44			106			99			-			249
Depreciation and amortization		75			190			20			-			285
Impairment losses		-			-			19			-			19
General and administrative		-			1			2			16			19
Acquisition-related transaction and integration costs		-			-			-			2			2
Development costs		-			-			4			-			4
Operating Income (Loss)		134			95			8			(18	)		219
Equity in earnings of unconsolidated affiliates		7			45			-			-			52
Other income, net		1			4			-			1			6
Loss on debt extinguishment		-			(1	)		-			-			(1	)
Interest expense		(45	)		(213	)		(13	)		(65	)		(336	)
Income (Loss)	$	97		$	(70	)	$	(5	)	$	(82	)	$	(60	)

	*Nine months ended September 30, 2018*
(In millions)	*Conventional Generation*			*Renewables*			*Thermal*			*Corporate*			*Total*
Operating Revenues	$	251		$	427		$	146		$	-		$	824
Cost of operations		44			106			97			-			247
Depreciation and amortization		76			154			17			-			247
General and administrative		-			-			-			17			17
Acquisition-related transaction and integration costs		-			-			-			19			19
Development costs		-			-			-			1			1
Operating Income (Loss)		131			167			32			(37	)		293
Equity in earnings of unconsolidated affiliates		8			57			-			-			65
Other income, net		1			2			-			1			4
Interest expense		(33	)		(95	)		(8	)		(54	)		(190	)
Net Income (Loss)	$	107		$	131		$	24		$	(90	)	$	172

Note 10 - Condensed Consolidating Financial Information (Tables)

9 Months Ended

Sep. 30, 2019

Condensed Income Statement [Table Text Block]

	Clearway Energy LLC		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
Operating Revenues
Total operating revenues	$	-	$	3	$	293		$	-		$	-		$	296
Operating Costs and Expenses
Cost of operations		-		-		86			-			-			86
Depreciation and amortization		-		2		110			-			-			112
Impairment losses		-		-		-			-			-			-
General and administrative		-		-		1			6			-			7
Acquisition-related transaction and integration costs		-		-		-			-			-			-
Development costs		-		-		-			1			-			1
Total operating costs and expenses		-		2		197			7			-			206
Operating Income (Loss)		-		1		96			(7	)		-			90
Other Income (Expense)
Equity in earnings (losses) of consolidated affiliates		49		6		-			42			(97	)		-
Equity in earnings of unconsolidated affiliates		-		17		9			12			-			38
Other income, net		-		-		2			-			-			2
Loss on debt extinguishment		-		-		-			-			-			-
Interest expense		-		-		(83	)		(22	)		-			(105	)
Total other income (expense), net		49		23		(72	)		32			(97	)		(65	)
Net Income		49		24		24			25			(97	)		25
Less: Net (loss) attributable to noncontrolling interests		-		-		(21	)		(25	)		21			(25	)
Net Income Attributable to Clearway Energy LLC	$	49	$	24	$	45		$	50		$	(118	)	$	50

	Clearway Energy LLC			Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
Operating Revenues
Total operating revenues	$	-		$	8	$	789		$	1		$	(1	)	$	797
Operating Costs and Expenses
Cost of operations		-			1		248			1			(1	)		249
Depreciation and amortization		-			5		280			-			-			285
Impairment losses		-			-		19			-			-			19
General and administrative		-			-		1			18			-			19
Acquisition-related transaction and integration costs		-			-		-			2			-			2
Development costs		-			-		-			4			-			4
Total operating costs and expenses		-			6		548			25			(1	)		578
Operating Income (Loss)		-			2		241			(24	)		-			219
Other Income (Expense)
Equity in losses of consolidated affiliates		(32	)		5		-			11			16			-
Equity in earnings (losses) of unconsolidated affiliates		-			27		7			18			-			52
Other income, net		1			-		5			-			-			6
Loss on debt extinguishment		-			-		(1	)		-			-			(1	)
Interest expense		-			-		(271	)		(65	)		-			(336	)
Total other (expense) income, net		(31	)		32		(260	)		(36	)		16			(279	)
Net (Loss) Income		(31	)		34		(19	)		(60	)		16			(60	)
Less: Net loss attributable to noncontrolling interests		-			-		(18	)		(29	)		18			(29	)
Net (Loss) Income Attributable to Clearway Energy LLC	$	(31	)	$	34	$	(1	)	$	(31	)	$	(2	)	$	(31	)

	Clearway Energy LLC		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations^(a)			*Consolidated*
	(In millions)
Operating Revenues
Total operating revenues	$	-	$	3	$	289		$	1		$	(1	)	$	292
Operating Costs and Expenses
Cost of operations		-		-		84			1			(1	)		84
Depreciation and amortization		-		2		82			-			-			84
General and administrative		-		-		-			6			-			6
Acquisition-related transaction and integration costs		-		-		-			17			-			17
Development costs		-		-		-			1			-			1
Total operating costs and expenses		-		2		166			25			(1	)		192
Operating Income (Loss)		-		1		123			(24	)		-			100
Other Income (Expense)
Equity in earnings of consolidated affiliates		65		7		-			88			(160	)		-
Equity in earnings of unconsolidated affiliates		-		12		3			17			-			32
Other income, net		1		-		1			-			-			2
Interest expense		-		-		(52	)		(18	)		-			(70	)
Total other income (expense), net		66		19		(48	)		87			(160	)		(36	)
Net Income		66		20		75			63			(160	)		64
Less: Net loss attributable to noncontrolling interests		-		-		(2	)		(2	)		2			(2	)
Net Income Attributable to Clearway Energy LLC	$	66	$	20	$	77		$	65		$	(162	)	$	66

	Clearway Energy LLC		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
Operating Revenues
Total operating revenues	$	-	$	9	$	815		$	2		$	(2	)	$	824
Operating Costs and Expenses
Cost of operations		-		1		246			2			(2	)		247
Depreciation and amortization		-		4		243			-			-			247
General and administrative		-		-		-			17			-			17
Acquisition-related transaction and integration costs		-		-		-			19			-			19
Development costs		-		-		-			1			-			1
Total operating costs and expenses		-		5		489			39			(2	)		531
Operating Income (Loss)		-		4		326			(37	)		-			293
Other Income (Expense)
Equity in income of consolidated affiliates		266		19		-			236			(521	)		-
Equity in earnings of unconsolidated affiliates		-		32		7			26			-			65
Other income, net		1		-		3			-			-			4
Interest expense		-		-		(136	)		(54	)		-			(190	)
Total other income (expense), net		267		51		(126	)		208			(521	)		(121	)
Net Income		267		55		200			171			(521	)		172
Less: Net loss attributable to noncontrolling interests		-		-		(66	)		(95	)		66			(95	)
Net Income Attributable to Clearway Energy LLC	$	267	$	55	$	266		$	266		$	(587	)	$	267

Condensed Statement of Comprehensive Income [Table Text Block]

	Clearway Energy LLC		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
Net Income	$	49	$	24	$	24		$	25		$	(97	)	$	25
Other Comprehensive Income
Unrealized gain on derivatives		-		-		(1	)		(2	)		2			(1	)
Other comprehensive income		-		-		(1	)		(2	)		2			(1	)
Comprehensive Income		49		24		23			23			(95	)		24
Less: Comprehensive loss attributable to noncontrolling interests		-		-		(21	)		(25	)		21			(25	)
Comprehensive Income Attributable to Clearway Energy LLC	$	49	$	24	$	44		$	48		$	(116	)	$	49

	Clearway Energy LLC			Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
Net (Loss) Income	$	(31	)	$	34	$	(19	)	$	(60	)	$	16		$	(60	)
Other Comprehensive Loss
Unrealized gain on derivatives		2			-		4			2			(6	)		2
Other comprehensive income (loss)		2			-		4			2			(6	)		2
Comprehensive (Loss) Income		(29	)		34		(15	)		(58	)		10			(58	)
Less: Comprehensive loss attributable to noncontrolling interests		-			-		(18	)		(28	)		18			(28	)
Comprehensive (Loss) Income Attributable to Clearway Energy LLC	$	(29	)	$	34	$	3		$	(30	)	$	(8	)	$	(30	)

	Clearway Energy LLC^(a)		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries ^(a)			Clearway Energy Operating LLC (Note Issuer) ^(a)			*Eliminations*			*Consolidated*
	(In millions)
Net Income	$	66	$	20	$	75		$	63		$	(160	)	$	64
Other Comprehensive Income
Unrealized gain on derivatives		7		-		8			7			(15	)		7
Other comprehensive income		7		-		8			7			(15	)		7
Comprehensive Income		73		20		83			70			(175	)		71
Less: Comprehensive loss attributable to noncontrolling interests		-		-		(2	)		(2	)		2			(2	)
Comprehensive Income Attributable to Clearway Energy LLC	$	73	$	20	$	85		$	72		$	(177	)	$	73

	Clearway Energy LLC		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
Net Income	$	267	$	55	$	200		$	171		$	(521	)	$	172
Other Comprehensive Income
Unrealized gain on derivatives		34		1		30			34			(65	)		34
Other comprehensive income		34		1		30			34			(65	)		34
Comprehensive Income		301		56		230			205			(586	)		206
Less: Comprehensive loss attributable to noncontrolling interests		-		-		(66	)		(95	)		66			(95	)
Comprehensive Income Attributable to Clearway Energy LLC	$	301	$	56	$	296		$	300		$	(652	)	$	301

Condensed Balance Sheet [Table Text Block]

	Clearway Energy LLC		Other Guarantor Subsidiaries			Non-Guarantor Subsidiaries		Clearway Energy Operating LLC (Note Issuer)		Eliminations ^(a)			*Consolidated*
	(In millions)
ASSETS
Current Assets
Cash and cash equivalents	$	29	$	-		$	116	$	-	$	-		$	145
Restricted cash		-		-			249		-		-			249
Accounts receivable — trade		-		2			138		1		-			141
Accounts receivable — affiliate		-		5			5		123		(130	)		3
Inventory		-		-			43		-		-			43
Derivative instruments		-		-			1		-		-			1
Prepayments and other current assets		-		-			33		1		-			34
Total current assets		29		7			585		125		(130	)		616
Property, plant and equipment
Net property, plant and equipment		-		63			5,499		-		-			5,562
Other Assets
Investment in consolidated subsidiaries		1,799		426			-		3,152		(5,377	)		-
Equity investments in affiliates		-		324			494		363		-			1,181
Intangible assets, net		-		10			1,093		-		-			1,103
Right of use assets, net		-		(11	)		200		2		-			191
Other non-current assets		-		-			106		3		-			109
Total other assets		1,799		749			1,893		3,520		(5,377	)		2,584
Total Assets	$	1,828	$	819		$	7,977	$	3,645	$	(5,507	)	$	8,762

	Clearway Energy LLC			Other Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
LIABILITIES AND MEMBERS' EQUITY
Current Liabilities
Current portion of long-term debt — external	$	-		$	-		$	1,920		$	-		$	-		$	1,920
Current portion of long-term debt — affiliate		-			-			-			44			-			44
Accounts payable		-			4			49			1			-			54
Accounts payable — affiliate		12			1			11			168			(129	)		63
Derivative instruments		-			-			15			-			-			15
Accrued interest expense		-			-			28			21			-			49
Accrued expenses and other current liabilities		-			-			95			5			-			100
Total current liabilities		12			5			2,118			239			(129	)		2,245
Other Liabilities
Long-term debt — external		-			-			2,707			1,436			-			4,143
Derivative instruments		-			-			95			-			-			95
Long-term lease liabilities		-			(11	)		203			1			-			193
Other non-current liabilities		-			2			99			8			-			109
Total non-current liabilities		-			(9	)		3,104			1,445			-			4,540
Total Liabilities		12			(4	)		5,222			1,684			(129	)		6,785
Commitments and Contingencies
Members' Equity
Contributed capital		1,853			813			2,680			2,202			(5,694	)		1,854
Retained earnings (accumulated deficit)		5			10			21			(358	)		327			5
Accumulated other comprehensive loss		(42	)		-			(47	)		(42	)		88			(43	)
Noncontrolling interest		-			-			101			159			(99	)		161
Total Members' Equity		1,816			823			2,755			1,961			(5,378	)		1,977
Total Liabilities and Members’ Equity	$	1,828		$	819		$	7,977		$	3,645		$	(5,507	)	$	8,762

	Clearway Energy LLC		Other Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Clearway Energy Operating LLC (Note Issuer)		Eliminations ^(a)			*Consolidated*
	(In millions)
ASSETS
Current Assets
Cash and cash equivalents	$	298	$	-	$	109	$	-	$	-		$	407
Restricted cash		-		-		176		-		-			176
Accounts receivable — trade		-		1		103		-		-			104
Accounts receivable — affiliate		8		-		-		11		(14	)		5
Inventory		-		-		40		-		-			40
Prepayments and other current assets		-		-		27		2		-			29
Total current assets		306		1		455		13		(14	)		761

Net property, plant and equipment		-		65		5,180		-		-			5,245
Other Assets
Investment in consolidated subsidiaries		1,676		417		-		3,250		(5,343	)		-
Equity investments in affiliates		-		289		522		361		-			1,172
Intangible assets, net		-		11		1,145		-		-			1,156
Derivative instruments		-		-		8		-		-			8
Other non-current assets		-		-		103		3		-			106
Total other assets		1,676		717		1,778		3,614		(5,343	)		2,442
Total Assets	$	1,982	$	783	$	7,413	$	3,627	$	(5,357	)	$	8,448

	Clearway Energy LLC			Other Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			Eliminations ^(a)			*Consolidated*
	(In millions)
LIABILITIES AND MEMBERS' EQUITY
Current Liabilities
Current portion of long-term debt — external	$	-		$	-		$	314		$	-		$	-		$	314
Current portion of long-term debt — affiliate		-			-			-			215			-			215
Accounts payable		-			1			36			8			-			45
Accounts payable — affiliate		-			-			23			11			(14	)		20
Derivative instruments		-			-			4			-			-			4
Accrued interest expense		-			-			17			27			-			44
Accrued expenses and other current liabilities		-			-			53			4			-			57
Total current liabilities		-			1			447			265			(14	)		699
Other Liabilities
Long-term debt — external		-			-			3,970			1,434			-			5,404
Long-term debt — affiliate		-			-			-			44			-			44
Derivative instruments		-			-			17			-			-			17
Other non-current liabilities		-			2			92			8			-			102
Total non-current liabilities		-			2			4,079			1,486			-			5,567
Total Liabilities		-			3			4,526			1,751			(14	)		6,266
Commitments and Contingencies
Members' Equity
Contributed capital		1,940			804			2,708			1,930			(5,442	)		1,940
Retained earnings (accumulated deficit)		86			(24	)		108			(210	)		126			86
Accumulated other comprehensive loss		(44	)		-			(51	)		(44	)		95			(44	)
Noncontrolling Interest		-			-			122			200			(122	)		200
Total Members' Equity		1,982			780			2,887			1,876			(5,343	)		2,182
Total Liabilities and Members’ Equity	$	1,982		$	783		$	7,413		$	3,627		$	(5,357	)	$	8,448

Condensed Cash Flow Statement [Table Text Block]

	Clearway Energy LLC			Other Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			*Consolidated*
	(In millions)
Net Cash Provided by Operating Activities	$	59		$	7		$	258		$	49		$	373
Cash Flows from Investing Activities
Intercompany transactions between Clearway Energy LLC and subsidiaries		(210	)		-			-			210			-
Acquisitions		-			-			-			(100	)		(100	)
Partnership interests acquisition		-			-			-			(6	)		(6	)
Buyout of Wind TE Holdco non-controlling interest		-			-			-			(19	)		(19	)
Capital expenditures		-			-			(200	)		-			(200	)
Return of investment from unconsolidated affiliates		-			7			26			4			37
Net investments in unconsolidated affiliates		-			(14	)		-			-			(14	)
Other		-			-			2			-			2
Net Cash (Used in) Provided by Investing Activities		(210	)		(7	)		(172	)		89			(300	)
Cash Flows from Financing Activities
Transfer of funds under intercompany cash management arrangement		5			-			(6	)		1			-
Net contributions (distributions) to (from) noncontrolling interests		-			-			28			(43	)		(15	)
(Payments of) proceeds from distributions		(116	)		-			(121	)		121			(116	)
Payment of debt issuance costs		-			-			(13	)		(2	)		(15	)
Proceeds from the revolving credit facility		-			-			-			22			22
Payments for the revolving credit facility		-			-			-			(22	)		(22	)
Proceeds from the issuance of long-term debt — external		-			-			586			-			586
Payments for long-term debt — external		-			-			(480	)		-			(480	)
Payments for long-term debt — affiliate		(7	)		-			-			(215	)		(222	)
Net Cash Used in by Financing Activities		(118	)		-			(6	)		(138	)		(262	)
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash		(269	)		-			80			-			(189	)
Cash, Cash Equivalents and Restricted Cash at beginning of period		298			-			285			-			583
Cash, Cash Equivalents and Restricted Cash at end of period	$	29		$	-		$	365		$	-		$	394

	Clearway Energy LLC			Other Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Clearway Energy Operating LLC (Note Issuer)			*Consolidated*
	(In millions)
Net Cash Provided by (Used in) Operating Activities	$	-		$	9		$	429		$	(41	)	$	397
Cash Flows from Investing Activities
Intercompany transactions from Clearway Energy LLC to subsidiaries		108			-			-			(108	)		-
Partnership interests acquisition		-			-			-			(11	)		(11	)
Acquisition of the Drop Down Assets		-			-			-			(126	)		(126	)
Capital expenditures		-			-			(62	)		-			(62	)
Cash receipts from notes receivable		-			-			10			-			10
Return of investment from unconsolidated affiliates		-			7			11			4			22
Net investments in unconsolidated affiliates		-			(16	)		-			-			(16	)
Other		-			-			8			-			8
Net Cash (Used in) Provided by Investing Activities		108			(9	)		(33	)		(241	)		(175	)
Cash Flows from Financing Activities
Transfer of funds under intercompany cash management arrangement		4			-			(3	)		(1	)		-
Net contributions from noncontrolling interests		-			-			98			10			108
Proceeds from the issuance of Class C units		151			-			-			-			151
(Payments of) proceeds from distributions		(174	)		-			(362	)		347			(189	)
Payments of debt issuance costs		-			-			(2	)		(3	)		(5	)
Proceeds from the revolving credit facility		-			-			-			35			35
Payments for the revolving credit facility		-			-			-			(90	)		(90	)
Proceeds from the issuance of long-term debt - external		-			-			227			-			227
Payments for long-term debt — external		-			-			(369	)		-			(369	)
Payments for long-term debt — affiliate		-			-			-			(16	)		(16	)
Net Cash (Used in) Provided by Financing Activities		(19	)		-			(411	)		282			(148	)
Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash		89			-			(15	)		-			74
Cash, Cash Equivalents and Restricted Cash at beginning of period		22			-			292			-			314
Cash, Cash Equivalents and Restricted Cash at end of period	$	111		$	-		$	277		$	-		$	388

Note 12 - Leases (Tables)

9 Months Ended

Sep. 30, 2019

Lease, Cost [Table Text Block]


(In millions)	Three months ended September 30, 2019		Nine months ended September 30, 2019
Operating lease cost	$	2	$	6
Variable lease cost		3		10
Total lease cost	$	5	$	16

(In millions, except term and rate)
ROU Assets - operating leases, net	$	191

Short-term lease liability - operating leases ^(a)		6
Long-term lease liability - operating leases		193
Total lease liability	$	199

Cash paid for operating leases	$	7
Weighted average remaining lease term		24
Weighted average discount rate		4.4	%

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

(In millions)
Remainder of 2019	$	4
2020		14
2021		14
2022		14
2023		13
Thereafter		267
Total lease payments		326
Less imputed interest		(127	)
Total lease liability - operating leases	$	199

Lessee, Operating Lease, Disclosure [Table Text Block]

(In millions)
2019	$	13
2020		13
2021		13
2022		13
2023		12
Thereafter		207
Total lease payments	$	271

Lessor, Revenue [Table Text Block]

Three months ended September 30, 2019
(In millions)	Conventional Generation		Renewables		Thermal		Total
Energy revenue	$	2	$	160	$	1	$	163
Capacity revenue		89		-		-		89
Operating revenue	$	92	$	160	$	1	$	252

Nine months ended September 30, 2019
(In millions)	Conventional Generation		Renewables		Thermal		Total
Energy revenue	$	4	$	416	$	2	$	422
Capacity revenue		253		-		-		253
Operating revenue	$	257	$	416	$	2	$	675

Lessor, Operating Lease, Payments to be Received, Maturity [Table Text Block]

(In millions)
Remainder of 2019	$	91
2020		337
2021		341
2022		346
2023		154
Total lease payments	$	1,269

Lessor, Operating Leases, Property Plant and Equipment [Table Text Block]

<table border="0" cellpadding="0" cellspacing="0" class="finTable" style="margin-right: 10%; margin-left: 10%; width: 80%; font-size: 10pt; font-family: "Times New Roman", Times, serif; text-indent: 0px;"> <tbody> <tr style="vertical-align: bottom;"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt; width: 81%;"> (In millions) </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="text-align: left; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Property, plant and equipment </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">6,230</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> <tr style="vertical-align: bottom; background-color: rgb(255, 255, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Accumulated depreciation </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">(1,600</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;">)</td> </tr> <tr style="vertical-align: bottom; background-color: rgb(204, 238, 255);"> <td style="font-family: "Times New Roman", Times, serif; font-size: 10pt;"> Net property, plant and equipment </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt;"> </td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0); border-top: 1px solid rgb(0, 0, 0);">$</td> <td style="width: 16%; text-align: right; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt; border-bottom: 3px double rgb(0, 0, 0); border-top: 1px solid rgb(0, 0, 0);">4,629</td> <td style="width: 1%; font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-left: 0pt;"> </td> </tr> </tbody> </table>

Note 1 - Nature of Business (Details Textual)	9 Months Ended
Note 1 - Nature of Business (Details Textual)	Sep. 30, 2019 USD ($)	Jan. 29, 2019 USD ($)	Dec. 31, 2018 USD ($)
Power Generation Capacity, Megawatts	5,330
Restricted Cash and Cash Equivalents, Current, Total	$ 249,000,000		$ 176,000,000
Property, Plant and Equipment, Net, Ending Balance	5,562,000,000		5,245,000,000
Equity Method Investments	1,181,000,000		1,172,000,000
Due to Affiliate, Noncurrent	0		$ 44,000,000
Short-term Debt, Total	1,300,000,000
Transaction and Integration Costs [Member]
Transaction Services Agreement Expense	1,500,000
PG&E [Member]
Number of Solar Facilities		6
Steam And Chilled Water Capacity Megawatts Thermal Equivalent		480
Restricted Cash and Cash Equivalents, Current, Total	147,000,000
Property, Plant and Equipment, Net, Ending Balance	1,400,000,000
Equity Method Investments	370,000,000
Due to Affiliate, Noncurrent	$ 1,300,000,000
Marsh Landing [Member]
Steam And Chilled Water Capacity Megawatts Thermal Equivalent		720
Clearway Energy, LLC1[Member] \| Clearway Energy, Inc1[Member]
Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest	55.81%
Clearway Energy, LLC1[Member] \| CEG [Member]
Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest	44.19%

Note 2 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ / shares in Units, $ in Millions	Aug. 01, 2019	Sep. 30, 2019	Dec. 31, 2018
Cash and Cash Equivalents, at Carrying Value, Ending Balance		$ 145	$ 407
Common Class A and C [Member]
Common Stock, Dividends, Per Share, Declared	$ 0.20
Operating Funds [Member]
Restricted Cash and Cash Equivalents, Total		78
Current Debt Service Payments [Member]
Restricted Cash and Cash Equivalents, Total		70
Debt Service Obligations [Member]
Restricted Cash and Cash Equivalents, Total		53
Cash Distribution [Member]
Restricted Cash and Cash Equivalents, Total		48
Cash Distribution Related to Subsidiary Affected by Bankruptcy [Member]
Restricted Cash and Cash Equivalents, Total		36
Subsidiaries Affected By Bankruptcy [Member]
Restricted Cash and Cash Equivalents, Total		147
Project Level Subsidiaries [Member]
Cash and Cash Equivalents, at Carrying Value, Ending Balance		116	$ 109
PG&E [Member]
Accounts Receivable, Related Parties, Noncurrent		$ 5

Note 2 - Summary of Significant Accounting Policies - Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018	Sep. 30, 2018	Dec. 31, 2017
Cash and Cash Equivalents, at Carrying Value, Ending Balance	$ 145	$ 407
Restricted cash	249	176
Cash, cash equivalents and restricted cash shown in the statement of cash flows	$ 394	$ 583	$ 388	$ 314

Note 2 - Summary of Significant Accounting Policies Summary of Significant Accounting Policies - Accumulated Depreciation, Accumulated Amortization (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Property, Plant and Equipment Accumulated Depreciation	$ 1,830	$ 1,590
Intangible Assets Accumulated Amortization	$ 361	$ 308

Note 2 - Summary of Significant Accounting Policies Summary of Significant Accounting Policies - Distribution (Details) - $ / shares	3 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019
Distributions per Class A, B, C and D unit (in dollars per share)	$ 0.20	$ 0.20	$ 0.20

Note 2 - Summary of Significant Accounting Policies Summary of Significant Accounting Policies - Disaggregation of Revenue (Details) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2019

Sep. 30, 2018

Sep. 30, 2019

Sep. 30, 2018

$ 64

$ 63

$ 183

$ 182

(18)

(17)

(52)

(2)

Less: Mark-to-market for economic hedging activities

296

292

797

824

(9)

^[1]

(252)

(246)

(675)

(694)

Less: Mark-to-market for economic hedging activities

^[1]

252

246

675

694

(2)

Energy Revenue [Member]

^[1]

172

166

451

470

^[1]

(163)

(160)

(422)

(444)

Capacity Revenue [Member]

^[1]

163

160

422

444

^[1]

133

132

379

377

^[1]

(89)

(86)

(253)

(250)

^[1]

253

250

Other Revenue [Member]

Conventional Generation [Member]

(1)

(4)

(0)

Less: Mark-to-market for economic hedging activities

253

251

^[1]

(91)

(88)

(257)

(255)

Less: Mark-to-market for economic hedging activities

^[1]

257

255

(0)

Conventional Generation [Member] | Energy Revenue [Member]

^[1]

^[1]

(2)

(4)

(5)

Conventional Generation [Member] | Capacity Revenue [Member]

^[1]

^[1]

253

250

^[1]

(89)

(86)

(253)

(250)

Conventional Generation [Member] | Other Revenue [Member]

^[1]

253

250

Renewables [Member]

(16)

(15)

(46)

(2)

Less: Mark-to-market for economic hedging activities

151

152

392

427

(9)

^[1]

(160)

(158)

(416)

(438)

Less: Mark-to-market for economic hedging activities

^[1]

160

158

416

438

(2)

Renewables [Member] | Energy Revenue [Member]

^[1]

167

164

441

463

^[1]

(160)

(158)

(416)

(438)

Renewables [Member] | Capacity Revenue [Member]

^[1]

160

158

416

438

^[1]

^[1]

Renewables [Member] | Other Revenue [Member]

^[1]

Thermal [Member]

152

147

(1)

(2)

(0)

Less: Mark-to-market for economic hedging activities

152

146

^[1]

(1)

(2)

(1)

Less: Mark-to-market for economic hedging activities

^[1]

(0)

(0)

Thermal [Member] | Energy Revenue [Member]

^[1]

^[1]

(1)

(2)

(1)

Thermal [Member] | Capacity Revenue [Member]

^[1]

^[1]

126

127

^[1]

Thermal [Member] | Other Revenue [Member]

^[1]

Accounts receivable, net - Contracts with customers

$ 9

$ 8

$ 22

$ 19

[1]	The following amounts of energy and capacity revenue relate to leases and are accounted for under ASC 842

Note 2 - Summary of Significant Accounting Policies - Contract Assets and Liabilities (Details)
$ in Millions

Sep. 30, 2019

USD ($)

$ 31

Accounts receivable, net - Leases

110

Total accounts receivable, net

$ 141

^[1]

[1]	Total accounts receivable, net, excludes $5 million generated at projects affected by PG&E Bankruptcy, which were reclassified to non-current assets as of September 30, 2019.

Note 3 - Acquisitions and Dispositions (Details Textual) $ in Millions							1 Months Ended
	Oct. 08, 2019 USD ($)	Sep. 05, 2019	May 01, 2019 USD ($)	Jun. 19, 2018 USD ($)	Apr. 18, 2018 USD ($)	Mar. 20, 2018 USD ($)	Jan. 31, 2019 USD ($)	Jul. 31, 2018	Sep. 30, 2019 USD ($)	Dec. 31, 2018 USD ($)	Mar. 30, 2018
Long-term Debt, Total									$ 6,178	$ 6,038
Power Generation Capacity, Megawatts									5,330
Energy Center Dover LLC [Member] \| Disposal Group, Held-for-sale, Not Discontinued Operations [Member]
Power Generation Capacity, Megawatts		103
Sale of Assets, Percentage Ownership Interest Sold		100.00%
HSD Solar Holdings, LLC [Member] \| Disposal Group, Held-for-sale, Not Discontinued Operations [Member] \| Subsequent Event [Member]
Power Generation Capacity, Megawatts	6
Sale of Assets, Percentage Ownership Interest Sold	100.00%
Proceeds from Sale of Property, Plant, and Equipment, Total	$ 20
Sale of Assets, Projects Repaid, Amount	$ 23
Buckthorn Solar Drop Down Asset [Member]
Proceeds from Noncontrolling Interests						$ 80
Conversion of Non-recourse Debt to Term Loan [Member]
Debt Conversion, Original Debt, Amount						132
NRG [Member]
Accounts Payable, Related Parties										$ 4
Duquesne University District Energy System [Member]
Power Purchase Agreement Period			40 years
Business Combination, Consideration Transferred, Total			$ 107
Payments to Acquire Businesses, Gross			100
Long-term Debt, Total			$ 95
UPMC Thermal [Member]
Business Combination, Consideration Transferred, Total				$ 84			$ 3
Steam And Chilled Water Capacity Megawatts Thermal Equivalent				73
Power Generation Capacity, Megawatts				7.5
Central CA Fuel Cell 1, LLC [Member]
Power Purchase Agreement Period					20 years
Business Combination, Consideration Transferred, Total					$ 11
Steam And Chilled Water Capacity Megawatts Thermal Equivalent					2.8
Buckthorn Renewables, LLC [Member]
Business Combination, Consideration Transferred, Total						$ 42
Power Generation Capacity, Megawatts						154
Business Acquisition, Percentage of Voting Interests Acquired											100.00%
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt						$ 183
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value						$ 19
Buckthorn Solar Drop Down Asset [Member]
Power Purchase Agreement Period								25 years
Power Generation Capacity, Megawatts											154
Business Acquisition, Percentage of Voting Interests Acquired											100.00%

Note 4 - Investments Accounted for by the Equity Method and Variable Interest Entities (Details Textual) $ in Millions					3 Months Ended	9 Months Ended
	Aug. 31, 2019 USD ($)	Jun. 14, 2019 USD ($)	Jan. 02, 2019 USD ($)	Mar. 30, 2018	Sep. 30, 2019 USD ($)	Sep. 30, 2019 USD ($)	Sep. 30, 2018 USD ($)	May 07, 2019 USD ($)	Mar. 08, 2019 USD ($)	Aug. 30, 2018
Power Generation Capacity, Megawatts					5,330	5,330
Percentage of Cash Available for Distributions					95.00%	95.00%
Business Combination, Capital Contribution Payable, Percent					95.00%	95.00%
Payments to Acquire Equity Method Investments						$ 14	$ 16
Affiliated Entity [Member]
Accounts Payable, Related Parties									$ 16
Percentage of Cash Available for Distributions					5.00%	5.00%
Business Combination, Capital Contribution Payable, Percent					5.00%	5.00%
Kawailoa Solar Partnership LLC [Member]
Payments to Acquire Businesses, Gross		$ 9
Power Generation Capacity, Megawatts		49
Kawailoa Partnership [Member]
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value								$ 2
Business Combination, Capital Contribution, Percent					80.00%	80.00%		20.00%
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt								$ 120
Stockholders' Equity Attributable to Noncontrolling Interest, Ending Balance								21
Accounts Payable, Related Parties								$ 7
Zephyr Oahu Partnership LLC [Member]
Payments to Acquire Businesses, Gross	$ 20
Business Combination, Acquisition of Less than 100 Percent, Noncontrolling Interest, Fair Value									$ 4
Business Combination, Capital Contribution, Percent									20.00%
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt									$ 143
Business Combination, Capital Contribution Payable, Percent									80.00%
Zephyr Oahu Partnership LLC [Member] \| Tax Equity Investors [Member]
Stockholders' Equity Attributable to Noncontrolling Interest, Ending Balance									$ 18
November 2015 Drop Down Assets [Member]
Business Combination, Consideration Transferred, Total			$ 19
November 2015 Drop Down Assets [Member] \| Financial Institutions [Member]
Business Acquisition, Percentage of Voting Interests Acquired			100.00%
Buckthorn Solar Drop Down Asset [Member]
Power Generation Capacity, Megawatts				154
Business Acquisition, Percentage of Voting Interests Acquired				100.00%
Variable Interest Entity, Primary Beneficiary [Member] \| Repowering Partnership Holdco LLC, Due 2020 [Member]
Debt Instrument, Face Amount		$ 352
Investment Company, Financial Commitment to Investee, Future Amount		$ 111
Oahu Solar, Lanikuhana [Member]
Power Generation Capacity, Megawatts	15
Oahu Solar, Waipio [Member]
Power Generation Capacity, Megawatts	46
DGPV Holdco 1 [Member]
Power Generation Capacity, Megawatts					52	52
Payments to Acquire Equity Method Investments						$ 2
Remaining Lease Term						16 years
DGPV Holdco 3 [Member]
Remaining Lease Term						20 years
Clearway Energy, LLC [Member]
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners										21.00%
Clearway Energy, LLC [Member] \| Wind TE Holdco [Member]
Depreciation, Total					$ 26	$ 26
Kawailoa Solar Partnership LLC [Member] \| Kawailoa Solar Project [Member]
Subsidiary of Limited Liability Company or Limited Partnership, Ownership Interest		51.00%
Third Party Investor [Member] \| Kawailoa Solar Partnership LLC [Member]
Subsidiary of Limited Liability Company or Limited Partnership, Ownership Interest		49.00%
Buckthorn Solar Portfolio, LLC [Member] \| Buckthorn Solar Drop Down Asset [Member]
Subsidiary of Limited Liability Company or Limited Partnership, Ownership Interest				100.00%
DGPV Holdco 3 [Member]
Power Generation Capacity, Megawatts					59	59
Payments to Acquire Equity Method Investments						$ 12
Due to Affiliate					$ 23	$ 23

Note 4 - Investments Accounted for By the Equity Method and Variable Interest Entities - Consolidated Entities (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Other current and non-current assets	$ 2,584	$ 2,442
Property, plant and equipment	5,562	5,245
Intangible assets	1,103	1,156
Total assets	8,762	8,448
Current and non-current liabilities	6,785	$ 6,266
Oahu Solar Partnership [Member]
Other current and non-current assets	38
Property, plant and equipment	190
Intangible assets	0
Total assets	228
Current and non-current liabilities	190
Noncontrolling interest	2
Net assets less noncontrolling interests	36
Kawailoa Solar Partnership LLC [Member]
Other current and non-current assets	36
Property, plant and equipment	147
Intangible assets	0
Total assets	183
Current and non-current liabilities	167
Noncontrolling interest	16
Net assets less noncontrolling interests	0
Alta Wind TE Holders [Member]
Other current and non-current assets	56
Property, plant and equipment	387
Intangible assets	240
Total assets	683
Current and non-current liabilities	39
Noncontrolling interest	53
Net assets less noncontrolling interests	591
Spring Canyon [Member]
Other current and non-current assets	3
Property, plant and equipment	87
Intangible assets	0
Total assets	90
Current and non-current liabilities	5
Noncontrolling interest	35
Net assets less noncontrolling interests	50
Buckthorn Renewables, LLC 1[Member]
Other current and non-current assets	11
Property, plant and equipment	217
Intangible assets	0
Total assets	228
Current and non-current liabilities	141
Noncontrolling interest	62
Net assets less noncontrolling interests	25
Repowering Partnership LLC [Member]
Other current and non-current assets	17
Property, plant and equipment	320
Intangible assets	1
Total assets	338
Current and non-current liabilities	36
Noncontrolling interest	(13)
Net assets less noncontrolling interests	$ 315

Note 4 - Investments Accounted for by the Equity Method and Variable Interest Entities - Unconsolidated Entities (Details) - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Four Brothers Solar, LLC	$ 1,181	$ 1,172
Four Brothers Solar, LLC [Member]
Four Brothers Solar, LLC	184
GenConn [Member]
Four Brothers Solar, LLC	94
DGPV Holdco 3 [Member]
Four Brothers Solar, LLC	160
DGPV Holdco 1 [Member]
Four Brothers Solar, LLC	84
Granite Mountain Holdings, LLC [Member]
Four Brothers Solar, LLC	66
DGPV Holdco 2 LLC [Member]
Four Brothers Solar, LLC	63
Iron Springs Holdings, LLC [Member]
Four Brothers Solar, LLC	47
RPV Holdco 1 LLC [Member]
Four Brothers Solar, LLC	$ 17

Note 4 - Investments Accounted for by the Equity Method and Variable Interest Entities - Summarized Financial Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Operating revenues	$ 26	$ 22	$ 63	$ 55
Operating loss	14	10	26	20
Net (loss) income	(1)	$ 10	(16)	$ 21
Current assets	148		148		$ 41
Property, plant and equipment, net	840		840		828
Non-current assets	51		51		7
Current liabilities	94		94		137
Non-current liabilities	415		415		314
Redeemable noncontrolling interest	(1)		(1)		0
Noncontrolling interest	$ 43		$ 43		$ 9

Note 5 - Fair Value of Financial Instruments (Details Textual) $ in Thousands	Sep. 30, 2019 USD ($)	Jan. 29, 2019	Dec. 31, 2018 USD ($)
Percent of Derivative Liabilities Using Level 3 Fair Value Inputs	8.00%
Fair Value Assets Measured On Recurring Basis Valuation Techniques Impact Of Credit Reserve To Fair Value	$ 8,000
PG&E [Member]
Steam And Chilled Water Capacity Megawatts Thermal Equivalent		480
Accounts Receivable, Related Parties	31,000
Accounts Receivable, Related Parties, Noncurrent	5,000
Marsh Landing [Member]
Steam And Chilled Water Capacity Megawatts Thermal Equivalent		720
Fair Value, Inputs, Level 1 [Member]
Derivative Assets (Liabilities), at Fair Value, Net, Total	$ 0		$ 0
Fair Value, Inputs, Level 3 [Member]
Derivative Assets (Liabilities), at Fair Value, Net, Total			$ 0

Note 5 - Fair Value of Financial Instruments - Estimated Carrying Amounts and Fair Values (Details) - USD ($)
$ in Millions

Sep. 30, 2019

Dec. 31, 2018

Reported Value Measurement [Member]

$ 0

$ 44

Long-term debt, including current portion

259

^[1]

6,134

5,779

Estimate of Fair Value Measurement [Member]

Long-term debt, including current portion

257

^[1]

$ 6,129

$ 5,681

[1]	Excludes net debt issuance costs, which are recorded as a reduction to long-term debt on the Company's consolidated balance sheets.

Note 5 - Fair Value of Financial Instruments - Fair Value Hierarchy for Long-term Debt (Details) - Fair Value, Recurring [Member] - USD ($) $ in Millions	Sep. 30, 2019	Dec. 31, 2018
Fair Value, Inputs, Level 2 [Member]
Long-term debt, including current portion	$ 1,550	$ 1,358
Fair Value, Inputs, Level 3 [Member]
Long-term debt, including current portion	$ 4,622	$ 4,580

Note 5 - Fair Value of Financial Instruments - Assets and Liabilities Measured on a Recurring Basis (Details) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2019

Sep. 30, 2018

Sep. 30, 2019

Sep. 30, 2018

Dec. 31, 2018

^[1]

$ 1

$ 11

Total losses for the period included in earnings

110

^[1]

Balance

(7)

$ 0

(2)

Purchases

(7)

Ending balance

(9)

$ 0

(9)

$ 0

Commodity Contract [Member]

Interest Rate Contract [Member]

Fair Value, Recurring [Member]

101

^[2]

Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]

^[2]

110

^[2]

Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]

^[2]

101

^[2]

Fair Value, Recurring [Member] | Commodity Contract [Member]

^[2]

^[2]

Fair Value, Recurring [Member] | Commodity Contract [Member] | Fair Value, Inputs, Level 2 [Member]

^[2]

^[2]

Fair Value, Recurring [Member] | Commodity Contract [Member] | Fair Value, Inputs, Level 3 [Member]

^[2]

^[2]

Fair Value, Recurring [Member] | Interest Rate Contract [Member]

^[2]

^[2]

Fair Value, Recurring [Member] | Interest Rate Contract [Member] | Fair Value, Inputs, Level 2 [Member]

^[2]

101

^[2]

Fair Value, Recurring [Member] | Interest Rate Contract [Member] | Fair Value, Inputs, Level 3 [Member]

^[2]

101

$ 21

^[2]

^[2]

$ 0

[1]	Derivative Assets balances classified as current are included within the prepayments and other current assets line item of the consolidated balance sheets as of September 30, 2019 and December 31, 2018.
[2]	There were no derivative assets or liabilities classified as Level 1 as of September 30, 2019, and no derivative assets or liabilities classified as Level 1 or Level 3 as of December 31, 2018.

Note 5 - Fair Value of Financial Instruments - Significant Unobservable Inputs (Details) - Fair Value, Inputs, Level 3 [Member] - Fair Value, Recurring [Member] - Energy Related Derivative [Member] - Valuation Technique, Discounted Cash Flow [Member] $ in Millions	Sep. 30, 2019 USD ($)
Derivative assets, Net	$ 0
Derivative Liabilities	$ 9
Minimum [Member]
Input/Range	0.07
Maximum [Member]
Input/Range	0.33
Weighted Average [Member]
Input/Range	0.12

Note 6 - Derivative Instruments and Hedging Activities (Details Textual) - USD ($) $ in Thousands	Sep. 30, 2019	Dec. 31, 2018
Derivative, Collateral, Obligation to Return Cash	$ 0	$ 0
Derivative, Collateral, Right to Reclaim Cash	$ 0	$ 0

Note 6 - Derivative Instruments and Hedging Activities - Net Notional Volume Buy of Open Derivative Transactions, by Type (Details) MWh in Millions, MMBTU in Millions, $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2019 USD ($) MWh MMBTU	Dec. 31, 2018 USD ($) MWh MMBTU
Power [Member]
Derivative nonmonetary notional amount (Megawatt-Hour) \| MWh	(2)	0
Natural Gas [Member]
Derivative nonmonetary notional amount (Millions of British Thermal Unit) \| MMBTU	3	1
Interest [Member]
Interest \| $	$ 1,756	$ 1,862

Note 6 - Derivative Instruments and Hedging Activities - Fair Value of Derivative Instruments (Details) - USD ($)
$ in Millions

Sep. 30, 2019

Dec. 31, 2018

^[1]

$ 1

$ 11

Designated as Hedging Instrument [Member]

110

^[1]

^[1]

Not Designated as Hedging Instrument [Member]

^[1]

^[1]

Interest Rate Contracts, Current [Member] | Designated as Hedging Instrument [Member]

^[1]

^[1]

Interest Rate Contracts, Current [Member] | Not Designated as Hedging Instrument [Member]

^[1]

^[1]

Interest Rate Contracts, Noncurrent [Member] | Designated as Hedging Instrument [Member]

^[1]

^[1]

Interest Rate Contracts, Noncurrent [Member] | Not Designated as Hedging Instrument [Member]

^[1]

^[1]

Commodity Contracts, Current [Member] | Not Designated as Hedging Instrument [Member]

^[1]

^[1]

Commodity Contracts, Noncurrent [Member] | Not Designated as Hedging Instrument [Member]

^[1]

^[1]

Gross Amounts of Recognized Assets

$ 9

$ 0

^[1]

[1]	Derivative Assets balances classified as current are included within the prepayments and other current assets line item of the consolidated balance sheets as of September 30, 2019 and December 31, 2018.

Note 6 - Derivative Instruments and Hedging Activities - Offsetting of Derivatives by the Counterparty Master Agreement Level (Details) - USD ($)
$ in Millions

Sep. 30, 2019

Dec. 31, 2018

^[1]

$ 1

$ 11

Gross Amounts of Recognized Liabilities

(110)

(21)

^[1]

Total derivative instruments, Net

(109)

(10)

Derivative Instruments

(109)

(10)

Commodity Contract [Member]

(109)

(10)

Gross Amounts of Recognized Assets

Derivative Assets

(1)

Derivative assets, Net

Gross Amounts of Recognized Liabilities

(9)

Derivative Liabilities

Derivative liabilities, Net

(8)

Total derivative instruments, Net

(8)

Derivative Instruments

(8)

Interest Rate Contract [Member]

(8)

Gross Amounts of Recognized Assets

Derivative Assets

(1)

Derivative assets, Net

Gross Amounts of Recognized Liabilities

(101)

(21)

Derivative Liabilities

Derivative liabilities, Net

(101)

(20)

Total derivative instruments, Net

(101)

(10)

Derivative Instruments

(101)

(10)

Due from Affiliate, Current

$ (101)

$ (10)

[1]	Derivative Assets balances classified as current are included within the prepayments and other current assets line item of the consolidated balance sheets as of September 30, 2019 and December 31, 2018.

Note 6 - Derivative Instruments and Hedging Activities - Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Other comprehensive income	$ (1)	$ 7	$ 2	$ 34
Accumulated OCL	(43)		(43)		$ (44)
Losses expected to be realized from OCL during the next 12 months	(10)		(10)
Clearway Energy, LLC [Member]
Accumulated OCL	0	(34)	0	(34)
AOCI Including Portion Attributable to Noncontrolling Interest [Member]
Accumulated OCL	(42)	(42)	(45)	(69)
Accumulated OCL	(43)	(35)	(43)	(35)
Accumulated Gain (Loss), Cash Flow Hedge, Including Noncontrolling Interest [Member]
Reclassified from accumulated OCL to income due to realization of previously deferred amounts	4	5	21	13
Other comprehensive income	(5)	2	(19)	21
Noncontrolling Interest [Member]
Accumulated OCL	$ (43)	$ (1)	$ (43)	$ (1)

Note 6 - Derivative Instruments and Hedging Activities - Derivative Instruments Gains and Losses (Details) - USD ($) $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018
Unrealized gain (loss) on derivatives	$ (1)	$ 5	$ (2)	$ 7	$ 7	$ 20	$ 2	$ 34
Interest Rate Contract [Member] \| Interest Expense [Member]
Unrealized gain (loss) on derivatives	$ (28)			$ 9			$ (82)	$ 40

Note 7 - Long-term Debt (Details Textual) - USD ($)
$ in Thousands

1 Months Ended

9 Months Ended

Oct. 21, 2019

Jun. 14, 2019

May 07, 2019

Apr. 29, 2019

Feb. 01, 2019

Mar. 08, 2018

Jan. 31, 2019

Sep. 30, 2019

Sep. 30, 2018

Nov. 06, 2019

May 01, 2019

Jan. 09, 2019

Dec. 31, 2018

$ 3,000

$ 5,000

Repayments of Related Party Debt

6,178,000

6,038,000

222,000

$ 16,000

PG&E [Member]

Due from Affiliate, Current

$ 1,300

Revolving Credit Facility [Member]

Long-term Line of Credit, Total

Letters of Credit Outstanding, Amount

52,000

Revolving Credit Facility [Member] | Subsequent Event [Member]

^[1]

Long-term Line of Credit, Total

$ 40,000

Letters of Credit Outstanding, Amount

$ 71,000

The 2019 Convertible Notes [Member]

Repayments of Debt

$ 170,000

$ 50,000

Agua Caliente Borrower 2, due 2038 [Member]

Debt Instrument, Interest Rate, Stated Percentage

^[2],[3]

$ 38,000

39,000

^[4]

^[2],[3],[4]

5.43%

Agua Caliente Borrower 2, due 2038 [Member] | Subsequent Event [Member]

Repayments of Debt

$ 40,000

Repowering Partnership Holdco LLC, Due 2020 [Member]

Repowering Partnership Holdco LLC, Due 2020 [Member] | Loans Payable [Member]

$ 352,000

$ 298,000

^[4]

Repayments of Related Party Debt

109,000

Duquesne, Due 2059 [Member]

Debt Instrument, Interest Rate, Stated Percentage

$ 95,000

^[4]

4.62%

^[4]

4.62%

Oahu Solar Holdings LLC, Due 2026 [Member]

Debt Instrument, Collateral Amount

$ 120,000

$ 143,000

$ 157,000

^[4]

$ 137,000

$ 162,000

South Trent Wind LLC, Due 2020 [Member]

Short-term Debt, Refinanced, Amount

49,000

South Trent Wind, Due 2028 [Member]

Tapestry, Due 2021 [Member]

$ 46,000

44,000

50,000

^[4]

Short-term Debt, Refinanced, Amount

$ 147,000

Tapestry, Due 2031 [Member]

London Interbank Offered Rate (LIBOR) [Member] | Revolving Credit Facility [Member]

$ 164,000

$ 159,000

151,000

^[4]

^[1],[4]

1.75%

London Interbank Offered Rate (LIBOR) [Member] | Viento, Due 2023 and Kansas South, Due 2030 [Member]

^[1],[4]

$ 0

London Interbank Offered Rate (LIBOR) [Member] | Repowering Partnership Holdco LLC, Due 2020 [Member]

2.00%

London Interbank Offered Rate (LIBOR) [Member] | Oahu Solar Holdings LLC, Due 2026 [Member]

0.85%

^[4]

London Interbank Offered Rate (LIBOR) [Member] | South Trent Wind LLC, Due 2020 [Member]

1.375%

^[4]

London Interbank Offered Rate (LIBOR) [Member] | South Trent Wind, Due 2028 [Member]

1.625%

London Interbank Offered Rate (LIBOR) [Member] | Tapestry, Due 2021 [Member]

1.35%

^[4]

London Interbank Offered Rate (LIBOR) [Member] | Tapestry, Due 2031 [Member]

1.75%

1.375%

^[4]

[1]	Applicable rate is determined by the borrower leverage ratio, as defined in the credit agreement.
[2]	Entities affected by PG&E bankruptcy, see further discussion below.
[3]	Letters of credit outstanding as of September 30, 2019, include $6 million of letters of credit pending cancellation due to the recent Tapestry refinancing.
[4]	As of September 30, 2019, L+ equals 3 month LIBOR plus x%, except for Viento, due 2023 and Kansas South, due 2030 where L+ equals 6 month LIBOR plus 2.00% and Utah Solar Portfolio,Kawailoa Solar Holdings LLC. Oahu Solar Holdings LLC, Repowering Partnership Holdco LLC where L+ equals 1 month LIBOR plus 2.625%.

Note 7 - Long-term Debt - Long-term Debt (Details) - USD ($)
$ in Millions

9 Months Ended

Jun. 14, 2019

May 07, 2019

Apr. 29, 2019

Mar. 08, 2018

Sep. 30, 2019

May 01, 2019

Dec. 31, 2018

$ 0

$ 44

Less net debt issuance costs

6,178

6,038

Less current maturities

(1,964)

(529)

(71)

(61)

Total long-term debt

4,143

5,448

Revolving Credit Facility [Member]

Revolving Credit Facility [Member] | Letter of Credit [Member]

^[1]

Revolving Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member]

^[1]

$ 52

^[1],[2]

Affiliate Debt, Due 2019 [Member]

^[1],[2]

1.75%

$ 0

215

^[2]

Affiliate Debt, Due 2020 [Member]

^[2]

3.58%

$ 44

^[2]

The 2024 Senior Notes [Member]

^[2]

3.325%

^[2]

5.375%

The 2025 Senior Notes [Member]

$ 500

500

^[2]

^[2]

5.75%

The 2026 Senior Notes [Member]

$ 600

600

^[2]

^[2]

5.00%

Agua Caliente Borrower 2, due 2038 [Member]

$ 350

350

^[2]

^[2],[3],[4]

5.43%

Agua Caliente Borrower 2, due 2038 [Member] | Letter of Credit [Member]

^[3],[4]

$ 38

^[2]

Alpine, due 2022 [Member]

^[3],[4]

Alpine, due 2022 [Member] | Letter of Credit [Member]

^[3]

121

Alpine, due 2022 [Member] | London Interbank Offered Rate (LIBOR) [Member]

^[3]

$ 16

^[2],[3]

127

Alta Wind I - V Lease Financing Arrangements, Due 2034 and 2035 [Member]

^[2],[3]

2.00%

Alta Wind I - V Lease Financing Arrangements, Due 2034 and 2035 [Member] | Minimum [Member]

$ 859

886

^[2]

Alta Wind I - V Lease Financing Arrangements, Due 2034 and 2035 [Member] | Maximum [Member]

^[2]

5.696%

Alta Wind I - V Lease Financing Arrangements, Due 2034 and 2035 [Member] | Letter of Credit [Member]

^[2]

7.015%

Buckthorn Solar, Due 2025 [Member]

$ 29

Buckthorn Solar, Due 2025 [Member] | Letter of Credit [Member]

130

132

^[2]

Buckthorn Solar, Due 2025 [Member] | London Interbank Offered Rate (LIBOR) [Member]

$ 26

^[2]

1.75%

CVSR, Due 2037 [Member]

CVSR, Due 2037 [Member] | Minimum [Member]

^[3]

$ 696

720

^[2]

CVSR, Due 2037 [Member] | Maximum [Member]

^[2],[3]

2.339%

CVSR, Due 2037 [Member] | Letter of Credit [Member]

^[2],[3]

3.775%

CVSR Holdco Notes, Due 2037 [Member]

^[3]

$ 0

^[2],[3]

4.68%

CVSR Holdco Notes, Due 2037 [Member] | Letter of Credit [Member]

^[3]

$ 182

188

^[2]

Duquesne, Due 2059 [Member]

^[3]

$ 13

4.62%

^[2]

4.62%

El Segundo Energy Center, Due 2023 [Member]

$ 95

^[2]

El Segundo Energy Center, Due 2023 [Member] | Letter of Credit [Member]

303

352

^[2]

El Segundo Energy Center, Due 2023 [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member]

$ 138

El Segundo Energy Center, Due 2023 [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member]

^[2]

1.75%

Energy Center Minneapolis Series D, E, F, G, H Notes, Due 2025-2037 [Member]

^[2]

2.375%

Energy Center Minneapolis Series D, E, F, G, H Notes, Due 2025-2037 [Member] | Letter of Credit [Member]

$ 328

328

^[2]

Laredo Ridge, Due 2028 [Member]

Laredo Ridge, Due 2028 [Member] | Letter of Credit [Member]

^[2]

Laredo Ridge, Due 2028 [Member] | London Interbank Offered Rate (LIBOR) [Member]

$ 10

Kansas South, Due 2030 [Member]

^[2]

2.125%

Kansas South, Due 2030 [Member] | Letter of Credit [Member]

^[3]

$ 25

^[2]

Kansas South, Due 2030 [Member] | London Interbank Offered Rate (LIBOR) [Member]

^[3]

$ 2

Kawailoa Solar Holdings LLC, Due 2026 [Member]

^[2],[3]

2.00%

Kawailoa Solar Holdings LLC, Due 2026 [Member] | Letter of Credit [Member]

$ 134

^[2]

Kawailoa Solar Holdings LLC, Due 2026 [Member] | London Interbank Offered Rate (LIBOR) [Member]

$ 5

Marsh Landing, due 2023 [Member]

^[2]

1.375%

Marsh Landing, due 2023 [Member] | Letter of Credit [Member]

^[3]

$ 223

263

^[2]

Marsh Landing, due 2023 [Member] | London Interbank Offered Rate (LIBOR) [Member]

^[3]

$ 27

Oahu Solar Holdings LLC, Due 2026 [Member]

^[2],[3]

2.125%

Oahu Solar Holdings LLC, Due 2026 [Member] | Letter of Credit [Member]

$ 120

$ 143

$ 157

^[2]

Oahu Solar Holdings LLC, Due 2026 [Member] | London Interbank Offered Rate (LIBOR) [Member]

$ 11

Repowering Partnership Holdco LLC, Due 2020 [Member]

1.375%

^[2]

Repowering Partnership Holdco LLC, Due 2020 [Member] | Letter of Credit [Member]

$ 352

$ 298

^[2]

Repowering Partnership Holdco LLC, Due 2020 [Member] | London Interbank Offered Rate (LIBOR) [Member]

$ 29

South Trent Wind, Due 2028 [Member]

0.85%

^[2]

South Trent Wind, Due 2028 [Member] | Letter of Credit [Member]

$ 46

$ 44

^[2]

South Trent Wind, Due 2028 [Member] | London Interbank Offered Rate (LIBOR) [Member]

$ 12

Tapestry, Due 2031 [Member]

1.35%

^[2]

Tapestry, Due 2031 [Member] | Letter of Credit [Member]

$ 164

$ 159

151

^[2]

Tapestry, Due 2031 [Member] | London Interbank Offered Rate (LIBOR) [Member]

$ 19

Utah Solar Portfolio, Due 2022 [Member]

1.375%

^[2]

Utah Solar Portfolio, Due 2022 [Member] | Letter of Credit [Member]

$ 260

267

^[2]

Utah Solar Portfolio, Due 2022 [Member] | London Interbank Offered Rate (LIBOR) [Member]

$ 13

Viento, Due 2023 [Member]

^[2]

2.625%

Viento, Due 2023 [Member] | Letter of Credit [Member]

$ 42

146

^[2]

Viento, Due 2023 [Member] | London Interbank Offered Rate (LIBOR) [Member]

$ 14

Walnut Creek, due 2023 [Member]

^[2]

2.00%

Walnut Creek, due 2023 [Member] | Letter of Credit [Member]

$ 189

222

^[2]

Walnut Creek, due 2023 [Member] | London Interbank Offered Rate (LIBOR) [Member]

$ 82

Project Debt, Other [Member]

^[2]

1.75%

Project Debt, Other [Member] | Letter of Credit [Member]

$ 315

343

^[2]

Project Debt [Member]

$ 4,684

$ 4,329

[1]	Applicable rate is determined by the borrower leverage ratio, as defined in the credit agreement.
[2]	As of September 30, 2019, L+ equals 3 month LIBOR plus x%, except for Viento, due 2023 and Kansas South, due 2030 where L+ equals 6 month LIBOR plus 2.00% and Utah Solar Portfolio,Kawailoa Solar Holdings LLC. Oahu Solar Holdings LLC, Repowering Partnership Holdco LLC where L+ equals 1 month LIBOR plus 2.625%.
[3]	Entities affected by PG&E bankruptcy, see further discussion below.
[4]	Letters of credit outstanding as of September 30, 2019, include $6 million of letters of credit pending cancellation due to the recent Tapestry refinancing.

Note 8 - Segment Reporting - Segment Reporting Information, by Segment (Details) - USD ($) $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
Operating Revenues	$ 296			$ 292			$ 797	$ 824
Cost of operations	86			84			249	247
Depreciation and amortization	112			84			285	247
General and administrative	7			6			19	17
Development costs	1			1			4	1
Operating Income (Loss)	90			100			219	293
Equity in earnings of unconsolidated affiliates	38			32			52	65
Other income, net	2			2			6	4
Interest expense	(105)			(70)			(336)	(190)
Net Income (Loss)	25	$ (31)	$ (54)	64	$ 106	$ 2	(60)	172
Total assets	8,762						8,762		$ 8,448
Acquisition-related transaction and integration costs	0			17			2	19
Impairment losses	0			0			19	0
Loss on debt extinguishment	0			0			(1)	0
Corporate, Non-Segment [Member]
Operating Revenues	0			0			0	0
Cost of operations	0			0			0	0
Depreciation and amortization	0			0			0	0
General and administrative	5			6			16	17
Development costs	0			1			0	1
Operating Income (Loss)	(5)			(24)			(18)	(37)
Equity in earnings of unconsolidated affiliates	0			0			0	0
Other income, net	0			1			1	1
Interest expense	(22)			(17)			(65)	(54)
Net Income (Loss)	(27)			(40)			(82)	(90)
Total assets	34						34
Acquisition-related transaction and integration costs				17			2	19
Impairment losses							0
Loss on debt extinguishment							0
Conventional Generation [Member]
Operating Revenues	90			87			253	251
Conventional Generation [Member] \| Operating Segments [Member]
Operating Revenues	90			87			253
Cost of operations	14			12			44
Depreciation and amortization	25			26			75
General and administrative	0			0			0
Development costs	0			0			0
Operating Income (Loss)	51			49			134
Equity in earnings of unconsolidated affiliates	3			3			7
Other income, net	0			0			1
Interest expense	(13)			(13)			(45)
Net Income (Loss)	41			39			97
Total assets	1,766						1,766
Acquisition-related transaction and integration costs				0			0
Impairment losses							0
Loss on debt extinguishment							0
Conventional Generation [Member] \| Corporate, Non-Segment [Member]
Operating Revenues								251
Cost of operations								44
Depreciation and amortization								76
General and administrative								0
Development costs								0
Operating Income (Loss)								131
Equity in earnings of unconsolidated affiliates								8
Other income, net								1
Interest expense								(33)
Net Income (Loss)								107
Acquisition-related transaction and integration costs								0
Renewables [Member]
Operating Revenues	151			152			392	427
Renewables [Member] \| Operating Segments [Member]
Operating Revenues	151			152			392
Cost of operations	36			39			106
Depreciation and amortization	80			52			190
General and administrative	1			0			1
Development costs	0			0			0
Operating Income (Loss)	34			61			95
Equity in earnings of unconsolidated affiliates	35			29			45
Other income, net	2			1			4
Interest expense	(65)			(36)			(213)
Net Income (Loss)	6			55			(70)
Total assets	6,330						6,330
Acquisition-related transaction and integration costs				0			0
Impairment losses							0
Loss on debt extinguishment							(1)
Renewables [Member] \| Corporate, Non-Segment [Member]
Operating Revenues								427
Cost of operations								106
Depreciation and amortization								154
General and administrative								0
Development costs								0
Operating Income (Loss)								167
Equity in earnings of unconsolidated affiliates								57
Other income, net								2
Interest expense								(95)
Net Income (Loss)								131
Acquisition-related transaction and integration costs								0
Thermal [Member]
Operating Revenues	55			53			152	146
Impairment losses		$ 19
Thermal [Member] \| Operating Segments [Member]
Operating Revenues	55			53			152	146
Cost of operations	36			33			99	97
Depreciation and amortization	7			6			20	17
General and administrative	1			0			2	0
Development costs	1			0			4	0
Operating Income (Loss)	10			14			8	32
Equity in earnings of unconsolidated affiliates	0			0			0	0
Other income, net	0			0			0	0
Interest expense	(5)			(4)			(13)	(8)
Net Income (Loss)	5			10			(5)	24
Total assets	$ 632						632
Acquisition-related transaction and integration costs				$ 0			0	$ 0
Impairment losses							19
Loss on debt extinguishment							$ 0

Note 9 - Related Party Transactions (Details Textual) - USD ($) $ in Millions	2 Months Ended	3 Months Ended		8 Months Ended	9 Months Ended
	Aug. 31, 2018	Sep. 30, 2019	Sep. 30, 2018	Aug. 31, 2018	Sep. 30, 2019	Sep. 30, 2018	Dec. 31, 2018
RENOM [Member]
Related Party Transaction, Expenses from Transactions with Related Party		$ 8	$ 7		$ 22	$ 22
Due to Affiliate		$ 8			$ 8		$ 6
NRG [Member]
Revenue from Related Parties	$ 2			$ 8
NRG [Member] \| Operations and Maintenance Services [Member]
Related Party Transaction, Expenses from Transactions with Related Party	7			27
NRG [Member] \| Marsh Landing [Member]
Related Party Transaction, Expenses from Transactions with Related Party	2			11
NRG [Member] \| Management Services [Member]
Related Party Transaction, Expenses from Transactions with Related Party	2			7
NRG [Member] \| Thermal Entities [Member]
Related Party Transaction, Expenses from Transactions with Related Party	1			7
GenConn [Member] \| Operations and Maintenance Services [Member]
Related Party Transaction, Expenses from Transactions with Related Party	1			4
NRG West Coast LLC [Member] \| ESEC [Member]
Related Party Transaction, Expenses from Transactions with Related Party	$ 7			$ 11

Note 10 - Condensed Consolidating Financial Information (Details Textual) $ in Millions	Sep. 30, 2019 USD ($)
The 2024 Senior Notes [Member]
Senior Notes, Total	$ 500
The 2025 Senior Notes [Member]
Senior Notes, Total	600
The 2026 Senior Notes [Member]
Senior Notes, Total	$ 350

Note 10 - Condensed Consolidating Financial Information - Income Statement (Details) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2019

Jun. 30, 2019

Mar. 31, 2019

Sep. 30, 2018

Jun. 30, 2018

Mar. 31, 2018

Sep. 30, 2019

Sep. 30, 2018

$ 296

$ 292

$ 797

$ 824

249

247

112

285

247

206

192

578

531

Equity in earnings (losses) of consolidated affiliates

100

219

293

(1)

(105)

(70)

(336)

(190)

(65)

(36)

(279)

(121)

Less: (Loss) Income attributable to noncontrolling interests

$ (31)

$ (54)

$ 106

$ 2

(60)

172

(25)

(2)

(29)

(95)

Consolidation, Eliminations [Member]

(31)

267

^[1]

(1)

(2)

^[1]

(1)

(2)

^[1]

^[1]

^[1]

^[1]

^[1]

^[1]

(1)

(2)

Equity in earnings (losses) of consolidated affiliates

^[1]

^[1]

(97)

(160)

(521)

^[1]

^[1]

^[1]

^[1]

^[1]

(97)

(160)

(521)

Less: (Loss) Income attributable to noncontrolling interests

^[1]

(97)

(160)

(521)

^[1]

^[1]

(118)

(162)

(2)

(587)

Parent Company [Member]

Equity in earnings (losses) of consolidated affiliates

(32)

266

(31)

267

Less: (Loss) Income attributable to noncontrolling interests

(31)

267

Guarantor Subsidiaries [Member]

(31)

267

Equity in earnings (losses) of consolidated affiliates

Less: (Loss) Income attributable to noncontrolling interests

Non-Guarantor Subsidiaries [Member]

293

289

789

815

248

246

110

280

243

197

166

548

489

Equity in earnings (losses) of consolidated affiliates

123

241

326

(1)

(83)

(52)

(271)

(136)

(72)

(48)

(260)

(126)

Less: (Loss) Income attributable to noncontrolling interests

(19)

200

(21)

(2)

(18)

(66)

Subsidiary Issuer [Member] | Clearway Energy Operating, LLC [Member]

(1)

266

Equity in earnings (losses) of consolidated affiliates

(7)

(24)

(37)

236

(22)

(18)

(65)

(54)

(36)

208

Less: (Loss) Income attributable to noncontrolling interests

(60)

171

(25)

(2)

(29)

(95)

$ 50

$ 65

$ (31)

$ 266

[1]	All significant intercompany transactions have been eliminated in consolidation.

Note 10 - Condensed Consolidating Financial Information - Comprehensive Income Statement (Details) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2019

Jun. 30, 2019

Mar. 31, 2019

Sep. 30, 2018

Jun. 30, 2018

Mar. 31, 2018

Sep. 30, 2019

Sep. 30, 2018

$ 25

$ (31)

$ (54)

$ 64

$ 106

$ 2

$ (60)

$ 172

(1)

$ 5

$ (2)

$ 7

$ 20

(1)

Less: Comprehensive (loss) income attributable to noncontrolling interests

(58)

206

(25)

(2)

(28)

(95)

Comprehensive Income Attributable to Clearway Energy LLC

(30)

301

Consolidation, Eliminations [Member]

^[1]

(97)

(160)

(521)

^[1]

(15)

(6)

(65)

^[1]

(15)

(6)

(65)

Less: Comprehensive (loss) income attributable to noncontrolling interests

^[1]

(95)

(175)

(586)

^[1]

Comprehensive Income Attributable to Clearway Energy LLC

^[1]

(116)

(177)

(8)

(652)

Parent Company [Member]

(31)

267

Less: Comprehensive (loss) income attributable to noncontrolling interests

(29)

301

Comprehensive Income Attributable to Clearway Energy LLC

(29)

301

Guarantor Subsidiaries [Member]

Less: Comprehensive (loss) income attributable to noncontrolling interests

Comprehensive Income Attributable to Clearway Energy LLC

Non-Guarantor Subsidiaries [Member]

(19)

200

(1)

(1)

Less: Comprehensive (loss) income attributable to noncontrolling interests

(15)

230

(21)

(2)

(18)

(66)

Comprehensive Income Attributable to Clearway Energy LLC

296

Subsidiary Issuer [Member] | Clearway Energy Operating, LLC [Member]

(60)

171

(2)

(2)

Less: Comprehensive (loss) income attributable to noncontrolling interests

(58)

205

(25)

(2)

(28)

(95)

Comprehensive Income Attributable to Clearway Energy LLC

$ 48

$ 72

$ (30)

$ 300

[1]	All significant intercompany transactions have been eliminated in consolidation.

Note 10 - Condensed Consolidating Financial Information - Balance Sheet (Details) - USD ($)
$ in Millions

Sep. 30, 2019

Jun. 30, 2019

Mar. 31, 2019

Dec. 31, 2018

Sep. 30, 2018

Jun. 30, 2018

Mar. 31, 2018

Dec. 31, 2017

$ 145

$ 407

249

176

141

104

616

761

5,562

5,245

1,181

1,172

1,103

1,156

191

109

106

2,584

2,442

8,762

8,448

1,920

314

215

100

2,245

699

4,143

5,404

193

109

102

4,540

5,567

6,785

6,266

1,854

1,940

(43)

(44)

161

200

1,977

$ 1,995

$ 2,096

2,182

$ 2,273

$ 2,167

$ 1,988

$ 2,029

8,762

8,448

Consolidation, Eliminations [Member]

^[1]

^[1]

^[1]

^[1]

(130)

(14)

^[1]

^[1]

^[1]

^[1]

(130)

(14)

^[1]

^[1]

(5,377)

(5,343)

^[1]

^[1]

^[1]

^[1]

^[1]

(5,377)

(5,343)

^[1]

(5,507)

(5,357)

^[1]

^[1]

^[1]

^[1]

(129)

(14)

^[1]

^[1]

^[1]

^[1]

(129)

(14)

^[1]

^[1]

^[1]

^[1]

^[1]

^[1]

(129)

(14)

^[1]

(5,694)

(5,442)

^[1]

327

126

^[1]

^[1]

(99)

(122)

^[1]

(5,378)

(5,343)

^[1]

(5,507)

(5,357)

^[1]

^[1]

Parent Company [Member]

298

306

1,799

1,676

1,799

1,676

1,828

1,982

1,853

1,940

(42)

(44)

1,816

1,982

1,828

1,982

Guarantor Subsidiaries [Member]

426

417

324

289

(11)

749

717

819

783

(11)

(9)

(4)

813

804

(24)

823

780

819

783

Non-Guarantor Subsidiaries [Member]

116

109

249

176

138

103

^[1]

585

455

5,499

5,180

494

522

1,093

1,145

200

106

103

1,893

1,778

7,977

7,413

1,920

314

^[1]

2,118

447

2,707

3,970

203

3,104

4,079

5,222

4,526

2,680

2,708

108

(47)

(51)

101

122

2,755

2,887

7,977

7,413

^[1]

Subsidiary Issuer [Member] | Clearway Energy Operating, LLC [Member]

123

125

3,152

3,250

363

361

3,520

3,614

3,645

3,627

215

168

239

265

1,436

1,434

1,445

1,486

1,684

1,751

2,202

1,930

(358)

(210)

(42)

(44)

159

200

1,961

1,876

$ 3,645

3,627

Operating Lease, Right-of-Use Asset

$ 44

[1]	All significant intercompany transactions have been eliminated in consolidation.

Note 10 - Condensed Consolidating Financial Information - Cash Flow Statement (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2019	Sep. 30, 2018
Net Cash Provided by Operating Activities	$ 373	$ 397
Intercompany transactions between Clearway Energy LLC and subsidiaries	0	0
Acquisitions	(100)	(11)
Partnership interests acquisition	(6)	(11)
Buyout of Wind TE Holdco non-controlling interest	(19)	0
Capital expenditures	(200)	(62)
Return of investment from unconsolidated affiliates	37	22
Net investments in unconsolidated affiliates	(14)	(16)
Other	2	8
Net Cash (Used in) Provided by Investing Activities	(300)	(175)
Transfer of funds under intercompany cash management arrangement	0	0
Net contributions (distributions) to (from) noncontrolling interests	(15)	108
(Payments of) proceeds from distributions	(116)	(189)
Payment of debt issuance costs	(15)	(5)
Proceeds from the revolving credit facility	22	35
Payments for the revolving credit facility	(22)	(90)
Proceeds from the issuance of long-term debt — external	586	227
Payments for long-term debt — external	(480)	(369)
Payments for long-term debt — affiliate	(222)	(16)
Net Cash Used in by Financing Activities	(262)	(148)
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash	(189)	74
Cash, Cash Equivalents and Restricted Cash at beginning of period	583	314
Cash, Cash Equivalents and Restricted Cash at end of period	394	388
Acquisition of the Drop Down Assets	0	(126)
Cash receipts from notes receivable		10
Proceeds from the issuance of Class C units	0	151
Parent Company [Member]
Net Cash Provided by Operating Activities	59	0
Intercompany transactions between Clearway Energy LLC and subsidiaries	(210)	108
Acquisitions	0
Partnership interests acquisition	0	0
Buyout of Wind TE Holdco non-controlling interest	0
Capital expenditures	0	0
Return of investment from unconsolidated affiliates	0	0
Net investments in unconsolidated affiliates	0	0
Other	0	0
Net Cash (Used in) Provided by Investing Activities	(210)	108
Transfer of funds under intercompany cash management arrangement	5	4
Net contributions (distributions) to (from) noncontrolling interests	0	0
(Payments of) proceeds from distributions	(116)	(174)
Payment of debt issuance costs	0	0
Proceeds from the revolving credit facility	0	0
Payments for the revolving credit facility	0	0
Proceeds from the issuance of long-term debt — external	0	0
Payments for long-term debt — external	0	0
Payments for long-term debt — affiliate	(7)	0
Net Cash Used in by Financing Activities	(118)	(19)
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash	(269)	89
Cash, Cash Equivalents and Restricted Cash at beginning of period	298	22
Cash, Cash Equivalents and Restricted Cash at end of period	29	111
Acquisition of the Drop Down Assets		0
Cash receipts from notes receivable		0
Proceeds from the issuance of Class C units		151
Guarantor Subsidiaries [Member]
Net Cash Provided by Operating Activities	7	9
Intercompany transactions between Clearway Energy LLC and subsidiaries	0	0
Acquisitions	0
Partnership interests acquisition	0	0
Buyout of Wind TE Holdco non-controlling interest	0
Capital expenditures	0	0
Return of investment from unconsolidated affiliates	7	7
Net investments in unconsolidated affiliates	(14)	(16)
Other	0	0
Net Cash (Used in) Provided by Investing Activities	(7)	(9)
Transfer of funds under intercompany cash management arrangement	0	0
Net contributions (distributions) to (from) noncontrolling interests	0	0
(Payments of) proceeds from distributions	0	0
Payment of debt issuance costs	0	0
Proceeds from the revolving credit facility	0	0
Payments for the revolving credit facility	0	0
Proceeds from the issuance of long-term debt — external	0	0
Payments for long-term debt — external	0	0
Payments for long-term debt — affiliate	0	0
Net Cash Used in by Financing Activities	0	0
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash	0	0
Cash, Cash Equivalents and Restricted Cash at beginning of period	0	0
Cash, Cash Equivalents and Restricted Cash at end of period	0	0
Acquisition of the Drop Down Assets		0
Cash receipts from notes receivable		0
Proceeds from the issuance of Class C units		0
Non-Guarantor Subsidiaries [Member]
Net Cash Provided by Operating Activities	258	429
Intercompany transactions between Clearway Energy LLC and subsidiaries	0	0
Acquisitions	0
Partnership interests acquisition	0	0
Buyout of Wind TE Holdco non-controlling interest	0
Capital expenditures	(200)	(62)
Return of investment from unconsolidated affiliates	26	11
Net investments in unconsolidated affiliates	0	0
Other	2	8
Net Cash (Used in) Provided by Investing Activities	(172)	(33)
Transfer of funds under intercompany cash management arrangement	(6)	(3)
Net contributions (distributions) to (from) noncontrolling interests	28	98
(Payments of) proceeds from distributions	(121)	(362)
Payment of debt issuance costs	(13)	(2)
Proceeds from the revolving credit facility	0	0
Payments for the revolving credit facility	0	0
Proceeds from the issuance of long-term debt — external	586	227
Payments for long-term debt — external	(480)	(369)
Payments for long-term debt — affiliate	0	0
Net Cash Used in by Financing Activities	(6)	(411)
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash	80	(15)
Cash, Cash Equivalents and Restricted Cash at beginning of period	285	292
Cash, Cash Equivalents and Restricted Cash at end of period	365	277
Acquisition of the Drop Down Assets		0
Cash receipts from notes receivable		10
Proceeds from the issuance of Class C units		0
Subsidiary Issuer [Member] \| Clearway Energy Operating, LLC [Member]
Net Cash Provided by Operating Activities	49	(41)
Intercompany transactions between Clearway Energy LLC and subsidiaries	210	(108)
Acquisitions	(100)
Partnership interests acquisition	(6)	(11)
Buyout of Wind TE Holdco non-controlling interest	(19)
Capital expenditures	0	0
Return of investment from unconsolidated affiliates	4	4
Net investments in unconsolidated affiliates	0	0
Other	0	0
Net Cash (Used in) Provided by Investing Activities	89	(241)
Transfer of funds under intercompany cash management arrangement	1	(1)
Net contributions (distributions) to (from) noncontrolling interests	(43)	10
(Payments of) proceeds from distributions	121	347
Payment of debt issuance costs	(2)	(3)
Proceeds from the revolving credit facility	22	35
Payments for the revolving credit facility	(22)	(90)
Proceeds from the issuance of long-term debt — external	0	0
Payments for long-term debt — external	0	0
Payments for long-term debt — affiliate	(215)	(16)
Net Cash Used in by Financing Activities	(138)	282
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash	0	0
Cash, Cash Equivalents and Restricted Cash at beginning of period	0	0
Cash, Cash Equivalents and Restricted Cash at end of period	$ 0	0
Acquisition of the Drop Down Assets		(126)
Cash receipts from notes receivable		0
Proceeds from the issuance of Class C units		$ 0

Note 12 - Leases (Details Textual) - USD ($) $ in Millions	Sep. 30, 2019	Jan. 01, 2019	Dec. 31, 2018
Operating Lease, Liability, Total	$ 199
Operating Lease, Right-of-Use Asset	$ 191		$ 0
Operating Lease, Weighted Average Discount Rate, Percent	4.40%
CEG [Member]
Operating Lease, Liability, Total	$ 21
Operating Lease, Right-of-Use Asset	$ 19
Lessee, Operating Lease, Term of Contract	35 years
Lessee, Operating Lease, Additional Renewal Periods	2
Lessee, Operating Lease, Renewal Term	5 years
Minimum [Member]
Operating Lease, Weighted Average Discount Rate, Percent		4.04%
Maximum [Member]
Operating Lease, Weighted Average Discount Rate, Percent		4.67%
Accounting Standards Update 2016-02 [Member]
Operating Lease, Liability, Total		$ 174
Operating Lease, Right-of-Use Asset		$ 168

Note 12 - Leases - Lease Cost (Details) - USD ($)
$ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2019

Dec. 31, 2018

Operating lease cost

$ 2

$ 6

Variable lease cost

Total lease cost

191

$ 0

Short-term lease liability - operating leases

^[1]