Atlantica Reports Full Year 2020 Financial Results
Net profit attributable to the Company for the full year 2020 was $12.0 million, compared with $62.1 million in the previous year.
Adjusted EBITDA including unconsolidated affiliates
1 was $796.1 million in 2020, representing a 3.1% decrease compared with the previous year.
Net cash provided by operating activities increased by 20.5% to $438.2 million compared to $363.6 million in 2019.
Cash available for distribution (“CAFD”) was $200.7 million in 2020, 5.5% up on the previous year.
2021 CAFD target guidance established in the range of $220 million to $240 million.
Over $300 million in equity investments closed in 2020 and approximately $280 million new equity investments already agreed for 2021.
Mid-term CAFD per share growth target set in the range of 5% to 8%
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Atlantica Sustainable Infrastructure plc: Atlantica to Present Fiscal Year 2020 Financial Results on March 1
February 25, 2021 - Atlantica Sustainable Infrastructure (NASDAQ: AY), the sustainable infrastructure company that owns a diversified portfolio of contracted assets in the energy and environment sectors, announced today that it will release its financial results for the fiscal year 2020 before the opening of the market on Monday, March 1, 2021. The information will be published on Atlantica s website www.atlantica.com.
Atlantica s CEO, Santiago Seage and CFO, Francisco Martinez-Davis, will hold a conference call and a webcast on Monday, March 1, 2021, at 8:30 am (New York time). Additionally, the senior management team will hold virtual meetings with investors on March 1 and 2, 2021, at the Morgan Stanley Virtual Global Energy & Power Conference, on March 2, 2021, at the BofA Securities 2021 Power, Gas and Solar Leaders Conference, and on March 3, 2021, at the Credit Suisse