The purchase price represents an 18.9% premium to Atlantica's closing share price on April 22, 2024, the last trading day prior to the emergence of market rumors regarding a potential acquisition of the Company.
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| 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 |
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
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the utili
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilities sector. Atlantica Sustainable Infrastructure plc (NASDAQ:AY) Dividend Yield: 8.10% B of A Securi
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the utilit
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
6-K - Atlantica Sustainable Infrastructure plc (0001601072) (Filer)
6-K - Atlantica Sustainable Infrastructure plc (0001601072) (Filer)
6-K - Atlantica Sustainable Infrastructure plc (0001601072) (Filer)
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
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
SC 13D/A - Atlantica Sustainable Infrastructure plc (0001601072) (Subject)
SC 13G/A - Atlantica Sustainable Infrastructure plc (0001601072) (Subject)
SC 13D/A - Atlantica Sustainable Infrastructure plc (0001601072) (Subject)