Atlantica Sustainable Infrastructure plc owns and manages renewable energy, natural gas, transmission and transportation infrastructures, and water assets in the United States, Canada, Mexico, Peru, Chile, Uruguay, Spain, Algeria, and South Africa. It owns 28 assets comprising 1,591 MW of aggregate renewable energy installed generation capacity; 343 MW of natural gas-fired power generation capacity; 1,166 miles of electric transmission lines; and 17.5 million cubic feet per day of water desalination assets. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020. Atlantica Sustainable Infrastructure plc was incorporated in 2013 and is based in Brentford, the United Kingdom.
IPO Year: 2014
Exchange: NASDAQ
Website: atlantica.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
5/30/2024 | $25.00 → $22.00 | Buy → Neutral | UBS |
5/29/2024 | Buy → Neutral | Seaport Research Partners | |
4/3/2024 | Outperform → Sector Perform | National Bank Financial | |
3/22/2024 | $19.00 → $25.00 | Neutral → Buy | UBS |
10/26/2023 | $36.00 → $25.00 | Outperform → Mkt Perform | Raymond James |
5/26/2023 | $31.00 | Outperform → Sector Perform | National Bank Financial |
5/8/2023 | $31.00 | Sector Perform → Outperform | National Bank Financial |
4/11/2023 | $31.00 | Sector Perform | National Bank Financial |
3/8/2023 | $32.00 | Neutral → Buy | BofA Securities |
1/17/2023 | $34.00 | Sector Perform → Outperform | RBC Capital Mkts |
Atlantica Announces the Acquisition of a Development Platform in the U.S. December 19, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ:AY) ("Atlantica" or the "Company"), announced today that it has completed the acquisition of a development platform in the United States. The platform includes approximately 1.1 GW of solar and wind projects under development located in the MISO and SPP regions, including projects in Illinois, Colorado, Mississippi and Texas. The new platform complements Atlantica's own development portfolio which prior to this acquisition included projects located mostly in the CAISO and MISO regions. The new portfolio reinforces Atlantica's growing presence in the
Algonquin Power & Utilities Corp. (TSX/NYSE:AQN) ("AQN" or the "Company") announced today it has completed the sale of its 42.2% equity interest in Atlantica Sustainable Infrastructure plc (NASDAQ:AY) ("Atlantica"). "We are pleased with the timely and effective execution of this transaction," said Chris Huskilson, Chief Executive Officer of AQN. "One of my main priorities since the beginning of my tenure as CEO was to optimize the value of our investment of Atlantica, and with the completion of the sale today we have realized that goal. While there is more work to do, this also marks a pivotal step in AQN's strategic transition to becoming a pure-play regulated utility company with a more
OVERLAND PARK, KS / ACCESSWIRE / December 11, 2024 / Tortoise Capital today announced that Atlantica Sustainable Infrastructure PLC (NASDAQ:AY) will be removed from the Tortoise Decarbonization Infrastructure IndexSM (DCRBN) as a result of its announced acquisition by Energy Capital Partners. As a result, AY will be removed from the Index when the market opens on Dec. 12, 2024.Special rebalancing is not required for DCRBN. AY will be removed, and its weight distributed pro rata to remaining Index constituents.About Tortoise Index Solutions (TIS)TIS provides research-driven indices that can be used as a realistic basis for exchange-traded products and thought leadership in the universe of ess
Acquisition by Energy Capital Partners and Co-Investors Approved by the High Court of Justice of England and Wales December 10, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ:AY) ("Atlantica" or the "Company"), announced today that the High Court of Justice of England and Wales (the "Court") has sanctioned the scheme of arrangement providing for the proposed acquisition of the Company by California Buyer Limited ("Bidco"), a vehicle controlled by funds managed by Energy Capital Partners ("ECP") and which includes a large group of institutional co-investors (the "Transaction"), at a hearing held earlier today. On May 27, 2024, Atlantica entered into an agreement pursuant to which 1
Atlantica Reports Third Quarter 2024 Financial Results Revenue for the first nine months of 2024 reached $918.7 million, a 7.0% increase year-over-year compared with $858.6 million in the first nine months of 2023.Adjusted EBITDA was $657.5 million, a 4.8% increase compared with $627.3 million in the first nine months of 2023.Net profit for the first nine months of 2024 attributable to the Company was $32.7 million, compared with a net profit of $46.1 million in the first nine months of 2023.Acquisition by Energy Capital Partners and co-investors remains on track to close December 12, 2024.Quarterly dividend of $0.2225 per share approved by the Board of Directors. November
Closing of Atlantica's Acquisition by Energy Capital Partners and Co-Investors Expected December 12 November 4, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ:AY) ("Atlantica" or the "Company"), announced today that the pending acquisition of the Company by Energy Capital Partners and a group of co-investors (the "Transaction") is expected to close on December 12, 2024. All regulatory approvals required in connection with Transaction (including clearance by the Committee on Foreign Investment in the United States and by the Federal Energy Regulatory Commission in the United States) were received by October 25th. Due to the limited availability of court dates and the mutual desir
Researched by Industrial Info Resources -- California is no stranger to massive heat waves and resulting power shortages. But record temperatures this summer--sometimes exceeding 110 degrees Fahrenheit--are not resulting in rolling blackouts, voluntary power reductions, or even text-message warnings from the state. The reason? Battery energy-storage system (BESS) technology, which has skyrocketed from 1,474 megawatts (MW) of installed capacity in 2020 to 10,383 MW so far in 2024, according to the California Energy Commission. Industrial Info is tracking more than $4.5 billion worth of BESS projects nearing or under construction across California, more than half of which is attributed to gra
Atlantica Holds Shareholders' Meetings to Approve its Acquisition by Energy Capital Partners and Co-Investors August 8, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ:AY) ("Atlantica" or the "Company"), announced today that it has completed the requisite meetings of its shareholders to approve its acquisition by Energy Capital Partners and a group of co-investors (the "Transaction"). Based upon the preliminary results of these meetings, the Transaction received all requisite approvals of the Company's shareholders. Atlantica will publish the final voting results of the meetings in the coming days. The Transaction is still subject to, among other conditions, sanction of the Transac
Atlantica Reports Second Quarter 2024 Financial Results Revenue for the first half of 2024 reached $571.2 million, a 3.0% increase year-over-year compared with $554.6 million in the first half of 2023.Adjusted EBITDA was $407.3 million, remaining stable compared with $403.8 million in the first half of 2023.Net profit for the first half of 2024 attributable to the Company was $16.0 million, compared with a net profit of $24.7 million in the first half of 2023.Operating Cash Flow increased by 2.3% year-over-year up to $141.9 million.Quarterly dividend of $0.445 per share approved by the Board of Directors.Entered into a transaction agreement with California Buyer Limited, a private limited c
Atlantica Publishes Scheme Circular and Announces the Shareholder Meetings to Vote on its Acquisition by ECP and Co-Investors Will Be Held on August 8, 2024 July 16, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ:AY) ("Atlantica" or the "Company") announced today that it has published a scheme circular (the "Scheme Circular") regarding the shareholder meetings to be held to consider and vote on the proposed acquisition of Atlantica (the "Transaction") by a private limited company incorporated in England and Wales ("Bidco"). Bidco is controlled by Energy Capital Partners ("ECP"), a leading investor across energy transition, electrification and decarbonization infrastructure assets,
UBS downgraded Atlantica Sustainable Infrastructure plc from Buy to Neutral and set a new price target of $22.00 from $25.00 previously
Seaport Research Partners downgraded Atlantica Sustainable Infrastructure plc from Buy to Neutral
National Bank Financial downgraded Atlantica Yield from Outperform to Sector Perform
UBS upgraded Atlantica Yield from Neutral to Buy and set a new price target of $25.00 from $19.00 previously
Raymond James downgraded Atlantica Yield from Outperform to Mkt Perform and set a new price target of $25.00 from $36.00 previously
National Bank Financial downgraded Atlantica Yield from Outperform to Sector Perform and set a new price target of $31.00
National Bank Financial upgraded Atlantica Yield from Sector Perform to Outperform and set a new price target of $31.00
National Bank Financial initiated coverage of Atlantica Yield with a rating of Sector Perform and set a new price target of $31.00
BofA Securities upgraded Atlantica Yield from Neutral to Buy and set a new price target of $32.00
RBC Capital Mkts upgraded Atlantica Yield from Sector Perform to Outperform and set a new price target of $34.00
Atlantica Announces the Acquisition of a Development Platform in the U.S. December 19, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ:AY) ("Atlantica" or the "Company"), announced today that it has completed the acquisition of a development platform in the United States. The platform includes approximately 1.1 GW of solar and wind projects under development located in the MISO and SPP regions, including projects in Illinois, Colorado, Mississippi and Texas. The new platform complements Atlantica's own development portfolio which prior to this acquisition included projects located mostly in the CAISO and MISO regions. The new portfolio reinforces Atlantica's growing presence in the
Acquisition by Energy Capital Partners and Co-Investors Approved by the High Court of Justice of England and Wales December 10, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ:AY) ("Atlantica" or the "Company"), announced today that the High Court of Justice of England and Wales (the "Court") has sanctioned the scheme of arrangement providing for the proposed acquisition of the Company by California Buyer Limited ("Bidco"), a vehicle controlled by funds managed by Energy Capital Partners ("ECP") and which includes a large group of institutional co-investors (the "Transaction"), at a hearing held earlier today. On May 27, 2024, Atlantica entered into an agreement pursuant to which 1
Atlantica Reports Third Quarter 2024 Financial Results Revenue for the first nine months of 2024 reached $918.7 million, a 7.0% increase year-over-year compared with $858.6 million in the first nine months of 2023.Adjusted EBITDA was $657.5 million, a 4.8% increase compared with $627.3 million in the first nine months of 2023.Net profit for the first nine months of 2024 attributable to the Company was $32.7 million, compared with a net profit of $46.1 million in the first nine months of 2023.Acquisition by Energy Capital Partners and co-investors remains on track to close December 12, 2024.Quarterly dividend of $0.2225 per share approved by the Board of Directors. November
Closing of Atlantica's Acquisition by Energy Capital Partners and Co-Investors Expected December 12 November 4, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ:AY) ("Atlantica" or the "Company"), announced today that the pending acquisition of the Company by Energy Capital Partners and a group of co-investors (the "Transaction") is expected to close on December 12, 2024. All regulatory approvals required in connection with Transaction (including clearance by the Committee on Foreign Investment in the United States and by the Federal Energy Regulatory Commission in the United States) were received by October 25th. Due to the limited availability of court dates and the mutual desir
Atlantica Reports Second Quarter 2024 Financial Results Revenue for the first half of 2024 reached $571.2 million, a 3.0% increase year-over-year compared with $554.6 million in the first half of 2023.Adjusted EBITDA was $407.3 million, remaining stable compared with $403.8 million in the first half of 2023.Net profit for the first half of 2024 attributable to the Company was $16.0 million, compared with a net profit of $24.7 million in the first half of 2023.Operating Cash Flow increased by 2.3% year-over-year up to $141.9 million.Quarterly dividend of $0.445 per share approved by the Board of Directors.Entered into a transaction agreement with California Buyer Limited, a private limited c
Atlantica Enters into Agreement to be Acquired by Energy Capital Partners and Co-Investors May 28, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ:AY) ("Atlantica" or the "Company"), announced today that it has entered into a definitive agreement (the "Transaction Agreement") pursuant to which a private limited company incorporated in England and Wales ("Bidco") has agreed, subject to the terms of the Transaction Agreement, to acquire 100% of the shares of Atlantica for $22 per share in cash. Bidco is controlled by Energy Capital Partners ("ECP"), a leading investor across energy transition, electrification and decarbonization infrastructure assets, and includes a large group of ins
Revenue for the first quarter of 2024 remained stable at $242.9 million, compared with $242.5 million in the first quarter of 2023.Adjusted EBITDA was $164.2 million, a 0.9%1 year-over-year decrease on a comparable basis.Net loss for the first quarter of 2024 attributable to the Company was $5.4 million, compared with a net loss of $11.0 million in the first quarter of 2023.Operating Cash Flow increase of 57.3% year-over-year up to $65.6 million. Signed a 15-year PPA for a 100 MW solar + storage project in California.Closed the acquisition of two wind assets in operation in the UK at 6.6x EV2 / EBITDA3 multiple.Quarterly dividend of $0.445 per share approved by the Board of Directors.Strat
May 2, 2024 – Atlantica Sustainable Infrastructure (NASDAQ:AY) announced today that it will release its financial results for the year 2024 before the opening of the market on Wednesday, May 8, 2024. The information will be published on Atlantica's website www.atlantica.com. Atlantica's CEO, Santiago Seage and CFO, Francisco Martinez-Davis, will hold a conference call and a webcast on Wednesday, May 8, 2024, at 8:00 am (New York time). Additionally, the senior management team will also hold meetings with investors on May 14, 2024, at the Citi 2024 Global Energy and Utilities Conference in Boston, on May 22, 2024, at the EIC 2024 Investor Conference in Florida, and on May 23, 2024, at
Atlantica Announces the Acquisition of Two Wind Assets in the United Kingdom March 25, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ:AY) ("Atlantica" or the "Company"), announced today that it completed the acquisition of a 100% equity interest stake in two wind assets, with a combined installed capacity of 32 MW in Scotland, United Kingdom. The assets are regulated under the UK green attribute regulation and are granted renewables obligation certificates until 2033. They have demonstrated a solid operating track record and currently do not have any project debt. The acquisition closed on March 22, 2024, and Atlantica's investment amount was approximately $66 million. The purchas
Atlantica Reports 2023 Financial Results Net profit for 2023 attributable to the Company was $43.4 million, compared with a net loss of $5.4 million in 2022.Adjusted EBITDA for 2023 was $794.9 million, meeting guidance and representing a 1.7%1 increase versus 2022 on a comparable basis.Cash Available for distribution ("CAFD") was within guidance at $235.7 million.Continued progress on our development and construction activity with $175 to $220 million committed or earmarked for 2024 as of March 1 and a PPA signed with an investment grade utility for Overnight, a 150 MW PV project in California.12% increase in renewable generation pipeline versus 2022.2024 guidance initiated with Adjusted
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SC 13D/A - Atlantica Sustainable Infrastructure plc (0001601072) (Subject)
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SCOTTSDALE, Ariz., April 09, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (TPI) (NASDAQ:TPIC) announced today that Edward "Ned" Hall has been nominated to join its board of directors, and if elected, will become a director, effective immediately upon the conclusion of TPI's annual meeting of stockholders on May 29, 2024. TPI also announced that Philip Deutch and Linda Hudson were retiring from TPI's Board of Directors, effective upon the conclusion of TPI's annual meeting of stockholders on May 29, 2024. Mr. Deutch and Ms. Hudson have served as directors since 2007 and 2020, respectively. "We are excited to have Ned join our board," said Bill Siwek, TPI's President and CEO. "We will grea
15-12G - Atlantica Sustainable Infrastructure plc (0001601072) (Filer)
25-NSE - Atlantica Sustainable Infrastructure plc (0001601072) (Subject)
6-K - Atlantica Sustainable Infrastructure plc (0001601072) (Filer)
6-K - Atlantica Sustainable Infrastructure plc (0001601072) (Filer)
6-K - Atlantica Sustainable Infrastructure plc (0001601072) (Filer)
6-K - Atlantica Sustainable Infrastructure plc (0001601072) (Filer)
6-K - Atlantica Sustainable Infrastructure plc (0001601072) (Filer)
6-K - Atlantica Sustainable Infrastructure plc (0001601072) (Filer)
6-K - Atlantica Sustainable Infrastructure plc (0001601072) (Filer)
6-K - Atlantica Sustainable Infrastructure plc (0001601072) (Filer)