Clearway Energy, Inc.

December 14, 2021 ENFORCEMENT AND INVESTOR PROTECTION DEPARTMENT SEC ADVISORY This Advisory is prompted by inquiries and reports received by the Commission that certain individuals or groups of individuals claiming to be connected with CLEARWAY ENERGY, INC. are engaged in unlicensed solicitation of investments from the public. CLEARWAY ENERGY, INC. is allegedly developing a solar power station in the Philippines. The said company claims to be investing in power generation components, from which prospective investors will derive different benefits in accordance with their chosen investment. Their platform includes soliciting investment for the production of solar panels and the electricity generated thereon will be sold to the government, major mines and to different enterprises and from that, their prospective investors will automatically generate profits daily. In view of the representations that the said company is developing a solar power station in the Philippines and they are in need of investors to help them grow their business, the public is inquiring whether CLEARWAY ENERGY, INC. is registered with the Commission. Based on the Commission's database, CLEARWAY ENERGY, INC. is not registered with the Commission as a corporation or partnership . Hence, it is NOT authorized to solicit investments from the public as it has not secured prior registration and/or license to solicit investments from the Commission as prescribed under Section 8 of the Securities Regulation Code. CLEARWAY ENERGY, INC. , the subject of this Advisory, also does not appear to be connected to the CLEARWAY ENERGY, INC., a renewable energy company based in Princeton, New Jersey, U.S.A. whose stocks are traded at the New York Stock Exchange under the symbols CWEN and CWEN.A . Further, a report was received that a certain "Julianna" who introduced herself as the Regional Manager of CLEARWAY ENERGY, INC. is enticing the public to invest with the said company. Her scheme shows an indication of both a "Ponzi Scheme" and a "Advance-fee Scam" where an investor would invest Php30,000.00 which would yield to the amount of Php55,142.00. However, before one would be able to withdraw earnings from his/her investment a payment to recharge one's account is needed by paying 30% of Php55,142.00. A "Ponzi Scheme" is a scheme where monies from new investors are used in paying "fake profits" to prior investors and is designed mainly to favor its top recruiters and prior risk takers and is detrimental to subsequent members in case of scarcity of new investors. On the other hand, an "Advance-Fee Scam" is a form of fraud and one of the most common types of confidence trick. The scam typically involves promising a victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster requires in order to obtain the large sum. If a victim makes the payment, the fraudster either invests a series of further fees for the victim or simply disappears. Hence, the public is warned to take extra-precaution in entering into these kinds of arrangements with strangers that ask for up-front payment via money order, wire transfer, international funds transfer, pre-loaded card or electronic currency in the most common form like bitcoin. It is rare to recover money sent through this kind of payment. In view thereof, the public is advised NOT TO INVEST or STOP INVESTING in any investment scheme being offered by CLEARWAY ENERGY, INC. and exercise extreme caution in dealing with any individuals or group of persons soliciting investments or recruiting investors for and on behalf of CLEARWAY ENERGY, INC. Should you have any information regarding any investment solicitation by any individuals or group of individuals representing CLEARWAY ENERGY, INC. , you may send your report to the EIPD at [emailprotected]. For the guidance of the public. Pasay City, December 14, 2021.