NEWS 2022

Atlantica reports Q1 2022 financial results

May 09, 2022
  • Revenue for the first three months of 2022 reached $247.5 million, a 7.0% increase yearover-year on a comparable basis1 and a 7.7% decrease year-over-year.
  • Adjusted EBITDA was $173.6 million for the first three months of 2022, a 4.8% increase year-over-year on a comparable basis1 and a 1.4% year-over-year increase.
  • Net loss for the first quarter of 2022 attributable to the Company was $12.0 million, compared with a net loss of $19.2 million in the first quarter of 2021.
  • Cash available for distribution (“CAFD”) increased by 6.3% year-over-year up to $54.4 million in the first quarter of 2022.
  • Quarterly dividend of $0.44 per share approved by the Board of Directors.
  • $140 – 150 million in equity investments already closed or earmarked for 2022.

Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the “Company”) today reported its financial results for the first quarter of 2022. Revenue for the first quarter of 2022 was $247.5 million, a 7.7% decrease compared with the first quarter of 2021. On a comparable basis1, the revenue increased by 7.0%. Adjusted EBITDA was $173.6 million, a 1.4% increase compared to the first quarter of 2021 and a 4.8% increase on a comparable basis1. CAFD was 7$54.4 million, a 6.3% rise compared with $51.2 million in the first quarter of 2021. CAFD per share2 was $0.48, a 4.0% increase compared to the same period of the previous year.

1 On a constant currency basis and excluding the non-recurrent Rioglass solar project revenue for the first three months of 2022 compared with the same period in 2021.
2 CAFD per share is calculated by dividing CAFD for the period by the weighted average number of shares for the period.

Download the full report

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

News

Go to News