Insider Buying Spikes Amid a Quiet Earnings Cycle
Clearway Energy Inc. has seen a modest but noteworthy uptick in insider activity this week. On February 23, Total Energies SE’s reporting entity executed two separate Class C common‑stock purchases, acquiring 129 shares at $39.61 and 875 shares at the prevailing market price of $38.76. Both transactions were made through the GIP III Zephyr Acquisition Partners umbrella, which ultimately traces back to Total Energies SE, underscoring the strategic depth of the investor’s engagement. While the dollar value of the trades is small relative to the $8.1 billion market cap, the purchases occur at a price level that is comfortably below the 52‑week high of $41.51, suggesting a potential “value‑buying” stance rather than a speculative play.
What These Moves Mean for Investors
For shareholders, the timing of the purchases is significant. The buy orders followed Clearway’s 2025 full‑year earnings release, which reported a net loss but strong adjusted EBITDA and operating cash flow. The company highlighted a vigorous repowering agenda for 2026–2027 and the expansion of its sponsor‑enabled growth program, adding solar and storage projects across key U.S. markets. Total Energies’ incremental stake can be read as a vote of confidence in this growth trajectory, especially given the company’s robust cash‑flow profile and continued investment in renewable infrastructure. The fact that the buys were executed at a price that is roughly 7 % below the 52‑week low indicates a willingness to capitalize on a perceived undervaluation, a sentiment that could resonate with long‑term investors looking for exposure to the clean‑energy transition.
Total Energies SE: A Profile of Strategic Investing
Historically, Total Energies SE has demonstrated a pattern of targeted, incremental investments in energy‑sector assets. The latest purchase in December 2025 (1,737 shares) was made at a price that remains below Clearway’s current market level, mirroring the 2026 buy. Total Energies has repeatedly used its reporting entities to acquire stakes through vehicle structures (e.g., Zephyr GP), allowing for flexible, tax‑efficient positioning. Across its portfolio, the company has shown a preference for entities that enable control over renewable projects while maintaining a diversified exposure to natural gas and conventional generation. This disciplined approach signals a long‑term commitment to energy transition portfolios rather than short‑term speculative gains.
Implications for Clearway’s Future
The insider activity, coupled with Clearway’s ongoing repowering and sponsor‑enabled projects, points to a company that is strategically positioned to benefit from the accelerating shift toward renewable generation. Investors should watch for the company’s continued capital deployment strategy and its ability to convert renewable projects into stable, cash‑generating assets. The recent insider buys suggest that institutional stakeholders see potential upside in Clearway’s long‑term operating model, even as the company navigates a post‑earnings volatility phase. For market participants, the takeaway is clear: while the share price remains sensitive to earnings season swings, the underlying fundamentals and strategic insider backing provide a solid foundation for future upside.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-23 | TotalEnergies SE () | Buy | 129.00 | 39.61 | Class C Common Stock |
| 2026-02-23 | TotalEnergies SE () | Buy | 875.00 | 0.00 | Class C Common Stock |
