Atlantica Yield plc is a total return company that owns a diversified portfolio of contracted renewable energy, power generation, electric transmission and water assets in North & South America, and certain markets in EMEA.
Atlantica is a sustainable infrastructure company that owns and manages renewable energy, efficient natural gas, transmission and transportation infrastructures and water assets.
We operate high-quality facilities recently constructed, with long useful lives. Our long-term contracts permit us to generate stable and long-term cash-flows. We currently own 25 assets, comprising 1,496 MW of aggregate renewable energy installed generation capacity, 343 MW of efficient natural gas-fired power generation capacity, 1,166 miles of electric transmission lines and 10.5 Mft3 per day of water desalination assets.
Dividend investors may be interested to hear this:
We target to distribute a high percentage of our cash available for distribution and will seek to increase such cash dividends over time through the acquisition of additional contracted assets.
Just found out about this stock but really like the sound of it. A review of their business can be found here: Fundamentally Furloughed - #181 by jcksmith850