Atlantica Sustainable Infrastructure PLC (Atlantica Yield PLC) is an infrastructure company. It deals with the ownership, management, and acquisition of renewable energy. The Company is regulated by the US Securities and Exchange Commission and established in the UK. Atlantica Sustainable Infrastructure PLC holds and manages renewable energy and natural gas transmission, transportation infrastructure, and water supply assets in the United States, Canada, Mexico, Peru, Chile, Uruguay, Spain, Algeria, and South Africa. Its business segments include North America (USA and Mexico), South America, Europe, the Middle East, and Africa. Atlantica has 28 plants comprising a total of 1,591 MW of installed renewable generation capacity, 343 MW of natural gas-powered power generation capacity, 1,166 miles of cable, and 175 million cubic feet of desalination per day. They also assess companies operating in the energy and water value chains to understand the impact of their respective investments better. Atlantica Sustainable Infrastructure PLC (Atlantica Yield PLC) is active in areas such as renewable energy, efficient natural gas, and electricity transmission and water.
In 2020, revenues from AYs amounted to $1.01 billion, increasing by 0.18% compared to the previous year ($1.10 billion). The Company benefits from increased production of its natural gas-fired power plants and strong results from its US solar plants. Furthermore, the Company generated $52 million in cash and cash equivalents available for distribution in the third quarter, up 13.6% from the same period last year.
Environment Policy
Their website lists the following Environment Policy: “Climate change mitigation is core to our strategy. We invest in and manage a sustainable portfolio of assets that reduce carbon emissions. Protect the environment and prevent pollution in the areas where we operate and integrate environmental protection in the decision-making processes. Comply with environmental laws, regulations, permit requirements, and internal policies in each of the markets where we operate. Continue to increase environmental awareness.”
Website: Atlantica
Stock: AY
