Atlantica Sustainable Infrastructure plc (NASDAQ:AY) has reported a stable first-quarter revenue and a reduced net loss of 5.4 million from USD 11 million, with a 17% decrease in Cash Available for Distribution (CAFD). The company, which operates renewable energy, natural gas and heat, transmission line and water assets, generated USD 242.9 million in revenue in January-March 2024 and recorded a 0.9% decrease on adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to USD 164.2 million. The company has been exploring its strategic alternatives for over a year and a recent report by Bloomberg stated that Energy Capital Partners (ECP) was in advanced discussions to take the company private.
Solar Dominates US Energy Capacity Growth
The Federal Energy Regulatory Commission (FERC) has published data showing that solar accounted for over 75% of US electrical generating
