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Atlantica’s Acquisition by Energy Capital Partners Approved by Court
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Atlantica’s Acquisition by Energy Capital Partners Approved by Court

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An announcement from Atlantica Sustainable Infrastructure ( (AY) ) is now available.

Atlantica Sustainable Infrastructure announced the approval of its acquisition by California Buyer Limited, controlled by Energy Capital Partners and co-investors. The transaction involves a purchase price of $22 per share and is expected to be finalized by December 12, 2024. As part of this transaction, Atlantica will assume co-issuer status for $745 million and €500 million in Green Senior Notes, and a new $600 million Revolving Credit Facility will be established. These financial maneuvers are positioned to enhance Atlantica’s market standing and operations in renewable energy infrastructure.

More about Atlantica Sustainable Infrastructure

Atlantica Sustainable Infrastructure plc is a sustainable infrastructure company that owns a diversified portfolio of contracted renewable energy, storage, efficient natural gas, electric transmission, and water assets across North & South America and certain markets in EMEA.

YTD Price Performance: 10.18%

Average Trading Volume: 955,916

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $2.55B

See more data about AY stock on TipRanks’ Stock Analysis page.

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