Atlantica Yield plc.
Atlantica is a total return sustainable infrastructure company that owns, manages and acquires a diversified portfolio of contracted assets in the power and environment sectors.
They operate high-quality facilities recently constructed, with long useful lives. Their long-term contracts with creditworthy counterparties permit them to generate stable and long-term cash-flows. They currently own 24 assets, comprising 1,496 MW of renewable energy generation, 300 MW of efficient natural gas, 1,152 miles of electric transmission lines and 10.5 Mft3 per day of water assets.
All their assets have contracted revenues (regulated revenues in the case of their Spanish assets and one transmission line in Chile) and are underpinned by long-term contracts. Their assets have a weighted average remaining contract life of approximately 18 years as of December 31, 2018. Most of the assets they own or in which they have interest have project-finance agreements in place. Their portfolio is diversified both by business segment and geography. By geography, they are present in North & South America, and certain markets in EMEA.
They target to distribute a very high percentage of their cash available for distribution and will seek to increase such cash dividends over time through the acquisition of additional contracted assets.
Integrity, Compliance and Safety. They will always do what is right. They continuously strive for the highest standards of business conduct, safety and professionalism even if it means making difficult choices. They are strongly committed to comply with all rules and regulations - no questions asked -
Value creation. They undertake a proactive approach to create long-term value for their shareholders. Their core corporate policies are supported by a solid commitment to risk management that guides all their decisions
Sustainability. They invest in assets that are environmentally sustainable and they manage them sustainably. They follow policies that analyze, evaluate and propose measures oriented at minimizing the environmental impacts of their business activity
Excellence and Efficiency. They believe in outstanding and disciplined asset management of their operations to be the best-in-class operator while seeking excellence on a cost-efficient basis
Collaborative Environment. Respect and Teamwork are key to achieve their goals. They treat others as they would like to be treated themselves and they put the team ahead of personal success. To build strong teams, they recruit, train and promote the best peopleSee more