Atlantica reports Q3 2023 financial results

November 08, 2023

• Revenue and Adjusted EBITDA for the first nine months of 2023 remained stable at $858.6 million and $627.3, respectively, compared to $858.4 million and $630.6 million in the nine months of 2022.
• Net profit for the first nine months of 2023 attributable to the Company was $46.1 million, compared with a net loss of $9.5 million in the first nine months of 2022.
• Cash available for distribution (“CAFD”) in the first nine months of 2023 was $184.2 million, an increase of 0.6% on a comparable basis¹ (2.9% growth year-over-year).
• Quarterly dividend of $0.445 per share approved by the Board of Directors.
• Strategic Review ongoing.

Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the “Company”) today reported its financial results for the first nine months of 2023. Revenue and Adjusted EBITDA for the first nine months of 2023 remained stable at $858.6 million and $627.3 million respectively compared to $858.4 million and $630.6 million respectively for the nine-month period ended September 30, 2022. CAFD was $184.2 million, a 0.6% rise on a comparable basis compared with $179.0 million in the first nine months of 2022 excluding $4.1 million from the sale of part of our equity interest in our development company in Colombia to a partner in the first quarter of 2023. Year-over-year, CAFD increased 2.9% in the first nine months of 2023 compared to the same period of the previous year. CAFD per share² was $1.59, representing a 1.1% decrease compared to the same period of the previous year without the effect of the sale previously described and a 1.2% increase year-over-year.

¹ Compared to the first nine months of 2022, excluding $4.1 million from the sale of part of our equity interest in our development company in Colombia to a partner in the first quarter of 2023.
² CAFD per share is calculated by dividing CAFD for the period by the weighted average number of shares for the period.

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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
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T +44 203 807 67 09