Atlantica Reports First Quarter 2021 Financial Results
Revenue increased by 11.8% year-over-year up to $235.2 million.
Net loss for the quarter attributable to the Company was $19.2 million, compared with a net loss of $40.5 million in the first quarter of 2020.
Net cash provided by operating activities of $146.7 million compared with $85.7 million in the first quarter of 2020.
Cash available for distribution (“CAFD”) increased by 7.6% year-over-year up to $51.2 million in the first quarter of 2021.
Agreement reached to acquire a 49% interest in a 596 MW portfolio of wind assets in Illinois, Texas, Oregon and Minnesota.
Closed the acquisition of Coso, a 135 MW contracted renewable energy plant in California.
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Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium
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