NEWS 2024

Atlantica reports Q2 2024 financial results

August 01, 2024
  • 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 company controlled by Energy Capital Partners, for the acquisition of 100% of Atlantica’s shares.

Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the “Company”) today reported its financial results for the first half of 2024. Revenue for the first half of 2024 was $571.2 million, representing a 3.0% increase compared with the first half of 2023. Adjusted EBITDA was $407.3 million, remaining stable compared with $403.8 million in the first half of 2023. Operating Cash Flow was $141.9 million, a 2.3% increase compared with $138.7 million in the first half of 2023. CAFD was $119.0 million, a 4.5% decrease compared with $124.6 million in the first half of 2023. CAFD per share1 was $1.02, a 4.5% decrease compared to $1.07 in the same period of the previous year.

1 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

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