Atlantica Reports Third Quarter 2024 Financial Results Revenue for the first nine months of 2024 reached $918.7 million, a 7.0% increase year-over-year compared with $858.6 million in the first nine months of 2023. Adjusted EBITDA was $657.5 million, a 4.8% increase compared with $627.3 million in the first nine months of 2023.
Atlantica Holds Shareholders' Meetings to Approve its Acquisition by Energy Capital Partners and Co-Investors August 8, 2024 – Atlantica Sustainable Infrastructure plc (NASDAQ: AY) (“Atlantica” or the “Company”), announced today that it has completed the requisite meetings of its shareholders to approve its acquisition by Energy Capital Partners and a group of co-investors (the “Transaction”). ...
Atlantica Publishes Scheme Circular and Announces the Shareholder Meetings to Vote on its Acquisition by ECP and Co-Investors Will Be Held on August 8, 2024
We had earlier rated NEP as a Sell. The stock has lagged the broader market despite a distribution hike. We go over three reasons to continue to be bearish on the stock till it reaches around $19.00.
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