Atlantica completes acquisition of development platform in the U.S.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2024
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Should l Buy ?
Acquisition Details: Atlantica Sustainable Infrastructure has acquired a development platform in the U.S. that includes around 1.1 GW of solar and wind projects across several states, enhancing its existing portfolio primarily in the CAISO and MISO regions.
Growth Strategy: The acquisition increases Atlantica's total U.S. development portfolio to approximately 2 GW of renewable energy projects and 8.5 GWh of storage, supported by an experienced development team to leverage growth opportunities.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
