Credit Profile

Credit Ratings

Credit ratings and outlooks are opinions subject to ongoing review by the rating agencies and may change from time to time based on Atlantica Sustainable Infrastructure’s financial performance, industry dynamics, and other factors.

 

Agency Rating Outlook Last Review
Standard & Poor’s BB+ Stable May 10, 2022
Fitch Ratings BB+ Stable July 6, 2022

Corporate Debt as of September 30, 2022

US $ in millions1 Maturity Amounts2
Credit Facilities (Revolving Credit Facility)3
(Other facilities)4
2024
2022 – 2026

37.5
Green Exchangeable Notes5 2025 106.3
2020 Green Private Placement6 (€ denominated) 2026 282.1
Note Issuance Facility 20207 (€ denominated) 2027 134.8
Green Senior Notes8 2028 394.8
Total 955.5

(1) Exchange rates as of September 30, 2022 (EUR/USD = 0.9802).
(2) Amounts include principal amounts outstanding, unless stated otherwise.
(3) As of September 30, 2022, letters of credit with face value in an amount equal to $10 million were outstanding and $440 million were available under the Revolving Credit Facility. The latter has a total limit of $450 million.

(4) Other facilities include the Commercial Paper Program, accrued interest payable and other debt.
(5) Senior unsecured notes dated July 17, 2020, exchangeable into ordinary shares of Atlantica, cash, or a combination of both, at Atlantica’s election.
(6) Senior secured notes dated April 1, 2020, of €290 million.
(7) Senior unsecured note facility dated July 8, 2020, of €140 million.
(8) Green Senior Unsecured Notes dated May 18, 2021, of $400 million.