Abengoa Yield announced that it has changed its corporate brand to Atlantica Yield, effective immediately. As Atlantica Yield, the company will build on its heritage of owning high quality assets across key markets in North America, South America and Western Europe. Today we embark upon a new phase as Atlantica [...]
Abengoa will subscribe a 51 % of the capital increase that Abengoa Yield has priced to finance this acquisition.
Abengoa Yield expects that this portfolio will generate incremental run rate cash available for distribution of approximately $14 million per year before debt service associated with dropdown financing.
Construction of Mojave concentrated solar power (CSP) has generated thousands of jobs in the United States.
Located 100 miles northeast of Los Angeles, Mojave Concentrated Solar Power (CSP) generates clean electricity to power approximately 90,000 households in California.
Citigroup and BofA Merrill Lynch are acting as global coordinators of the Offering. HSBC and Banco Santander are acting as joint bookrunners.
Abengoa announced that it intends to reduce its participation in Abengoa Yield through a sale of up to 10.6 million shares.
Abengoa Yield has bought two Spanish Concentrated Solar Power (CSP) projects totaling 131MW from parent Abengoa.
Abengoa Yield is a total return company that owns a diversified portfolio of contracted renewable energy, power generation and electric transmission assets in North America, South America and Europe.
