# 6-K exhibit

- Source: edgar · Published: 2026-05-11 · Kind: report
- Original: https://www.sec.gov/Archives/edgar/data/1392326/000119312526217042/d113955dex99i.htm
- Local copy: `data/documents/CCEC/2026-05-11_d113955dex99i.html`

**TL;DR —** Capital Clean Energy Carriers Corp. reported a 44% decrease in Q1 2026 net income to $18.3 million, driven by lower revenues from vessel off-hire and higher operating expenses, despite strategic moves like a €250 million bond offering and fleet expansion.

## Takeaways
- **Net Income Decline:** Net income from continuing operations decreased by 44% to $18.3 million in Q1 2026 from $32.7 million in Q1 2025. This significant drop is a key concern for investors.
- **Revenue Dip & Expense Hike:** Revenues fell by 3.9% to $98.0 million, while total expenses surged by 25.7% to $54.3 million, primarily due to increased voyage and vessel operating expenses from off-hire days and special surveys.
- **Strategic Financing:** The company completed a €250 million unsecured bond offering with a 3.75% coupon, using part of the proceeds to prepay €150 million in existing bonds, indicating active debt management and capital raising.
- **Fleet Expansion & Modernization:** CCEC took delivery of its second LCO2/multi-gas carrier, the Amadeus, and brought forward the delivery of three LNG/Cs, demonstrating a commitment to fleet growth and energy transition focus.
- **Joint Venture & Long-Term Charters:** A joint venture was formed to divest a 49% stake in the LNG/C Amore Mio I, securing a 10-year time charter with BGN Group, which is expected to generate up to $485.6 million in aggregate revenues and extends the average firm contract duration for LNG/Cs to 6.9 years.
- **Shareholder Returns:** The board approved a $20.0 million share buyback program and declared a $0.15 per share dividend for Q1 2026, signaling confidence in future performance and commitment to shareholder value.

*Generated 2026-09-15 via google/gemini-2.5-flash*