Operator
Welcome to Atlantica s first-quarter 2021 financial results conference call. Atlantica is a sustainable infrastructure company that owns a diversified portfolio of contracted renewable energy, power of generation, electric transmission, and water assets in North and South America and certain markets in EMEA. Just a reminder that this call is being webcast live on the Internet, and a replay of this call will be available on Atlantica s corporate website. Atlantica will be making forward-looking statements during this call based on current expectations and assumptions, which are subject to risks and uncertainties.
Actual results could differ materially from our forward-looking statements. If any of our key assumptions are incorrect or because of other factors discussed in today s earnings presentation or because of other factors discussed, including the Risk Factors section of the accompanying presentation in our latest reports and filings with the Securities and Exchange Co
Atlantica Sustainable Infrastructure plc: Atlantica Reports First Quarter 2021 Financial Results
Revenue increased by 11.8% year-over-year up to $235.2 million.
Net loss for the quarter attributable to the Company was $19.2 million, compared with a net loss of $40.5 million in the first quarter of 2020.
Net cash provided by operating activities of $146.7 million compared with $85.7 million in the first quarter of 2020.
Cash available for distribution ( CAFD ) increased by 7.6% year-over-year up to $51.2 million in the first quarter of 2021.
Agreement reached to acquire a 49% interest in a 596 MW portfolio of wind assets in Illinois, Texas, Oregon and Minnesota.
Closed the acquisition of Coso, a 135 MW contracted renewable energy plant in California.
Atlantica Reports First Quarter 2021 Financial Results
Revenue increased by 11.8% year-over-year up to $235.2 million.
Net loss for the quarter attributable to the Company was $19.2 million, compared with a net loss of $40.5 million in the first quarter of 2020.
Net cash provided by operating activities of $146.7 million compared with $85.7 million in the first quarter of 2020.
Cash available for distribution (“CAFD”) increased by 7.6% year-over-year up to $51.2 million in the first quarter of 2021.
Agreement reached to acquire a 49% interest in a 596 MW portfolio of wind assets in Illinois, Texas, Oregon and Minnesota.
Closed the acquisition of Coso, a 135 MW contracted renewable energy plant in California.
Atlantica Sustainable Infrastructure plc: Atlantica to Present First Quarter 2021 Financial Results on May 6
April 27, 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 first quarter of 2021 before the opening of the market on Thursday, May 6, 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 Thursday, May 6, 2021, at 8:30 am Eastern Time. The senior management team will also hold virtual meetings with investors during the month of May at the Citi Global Energy & Utilities Virtual Conference, the Credit Suisse Renewables & Utilities Conference and the Energy Infrastructure Council Investor Conference 2021.
Atlantica to Present First Quarter 2021 Financial Results on May 6 padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.