NEWS 2023

Atlantica reports FY 2022 financial results

March 01, 2023
  • Revenue for 2022 reached $1,102.0 million, a 2.9% increase year-over-year on a comparable basis1 and a 9.1% decrease year-over-year.
  • Adjusted EBITDA in 2022 was $797.1 million, a 1.5% increase year-over-year on a comparable basis1 and a 3.3% decrease year-over-year.
  • Net loss for 2022 attributable to the Company was $5.4 million, compared with a net loss of $30.1 million in 2021.
  • Net cash provided by operating activities for 2022 was $586.3 million, a 16.0% increase compared with $505.6 million in the year 2021.
  • Cash available for distribution (“CAFD”) increased by 5.5% year-over-year up to $237.9 million in 2022.
  • 2023 CAFD guidance initiated in the range of $235 million to $260 million.
  • Attractive growth opportunities including ~$165-$185 million in investments already committed or earmarked for 2023.

Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the “Company”) today reported its financial results for the year 2022. Revenue for 2022 was $1,102.0 million, a 9.1% decrease compared with 2021 and a 2.9% increase on a comparable basis1. Adjusted EBITDA was $797.1 million, a 3.3% decrease compared to 2021 and a 1.5% increase on a comparable basis1. Net cash provided by operating activities reached $586.3 million in 2022, a 16.0% increase compared to 2021. CAFD was $237.9 million in 2022, a 5.5% increase compared with $225.6 million in 2021. CAFD per share2 was $2.07, a 2.1% increase compared to 2021.

1 Compared to 2021, on a constant currency basis and adjusted for the consolidation of a non-recurrent Rioglass solar project in 2021.
2 CAFD per share is calculated by dividing CAFD for the year by the weighted average number of shares for the year.

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About Atlantica

Atlantica Sustainable Infrastructure Ltd. is a sustainable infrastructure company that owns a diversified portfolio of contracted renewable energy, storage, efficient natural gas, electric transmission, and water assets in North America, Europe, and South America (atlantica.com).

Chief Financial Officer
Francisco Martinez-Davis
E

Investor Relations & Communication
Leire Perez
E
T +44 203 807 67 09

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