|
The following table provides an overview of the main contracted concessional
assets the Company owned or had an interest in as of September 30, 2021:
|
Assets
|
Type
|
Ownership
|
Location
|
Currency(9)
|
Capacity
(Gross)
|
Counterparty
Credit Ratings(10)
|
COD*
|
Contract
Years
Remaining(16)
|
| |
|
|
|
|
|
|
|
|
|
Solana
|
Renewable (Solar)
|
100%
|
Arizona (USA)
|
USD
|
280 MW
|
A-/A2/BBB+
|
2013
|
22
|
|
Mojave
|
Renewable (Solar)
|
100%
|
California (USA)
|
USD
|
280 MW
|
BB-/WR/BB
|
2014
|
18
|
|
Chile PV 1
|
Renewable (Solar)
|
35%(8)
|
Chile
|
USD
|
55 MW
|
N/A
|
2016
|
N/A
|
|
Chile PV 2
|
Renewable (Solar)
|
35%(8)
|
Chile
|
USD
|
40 MW
|
N/A
|
2017
|
N/A
|
|
Solaben 2 & 3
|
Renewable (Solar)
|
70%(1)
|
Spain
|
Euro
|
2x50 MW
|
A/Baa1/A-
|
2012
|
16/16
|
|
Solacor 1 & 2
|
Renewable (Solar)
|
87%(2)
|
Spain
|
Euro
|
2x50 MW
|
A/Baa1/A-
|
2012
|
16/16
|
|
PS10 & PS20
|
Renewable (Solar)
|
100%
|
Spain
|
Euro
|
31 MW
|
A/Baa1/A-
|
2007&2009
|
11/13
|
|
Helioenergy 1 & 2
|
Renewable (Solar)
|
100%
|
Spain
|
Euro
|
2x50 MW
|
A/Baa1/A-
|
2011
|
15/15
|
|
Helios 1 & 2
|
Renewable (Solar)
|
100%
|
Spain
|
Euro
|
2x50 MW
|
A/Baa1/A-
|
2012
|
16/16
|
|
Solnova 1, 3 & 4
|
Renewable (Solar)
|
100%
|
Spain
|
Euro
|
3x50 MW
|
A/Baa1/A-
|
2010
|
14/14/14
|
|
Solaben 1 & 6
|
Renewable (Solar)
|
100%
|
Spain
|
Euro
|
2x50 MW
|
A/Baa1/A-
|
2013
|
17/17
|
|
Seville PV
|
Renewable (Solar)
|
80%(6)
|
Spain
|
Euro
|
1 MW
|
A/Baa1/A-
|
2006
|
15
|
Re Sole
|
Renewable (Solar) |
100% |
Italy |
Euro |
2.1 MW |
BBB/Baa3/BBB- |
2011 |
10
|
Agrisun
|
Renewable (Solar) |
100% |
Italy |
Euro |
1.6 MW |
BBB/Baa3/BBB- |
2010 |
9
|
|
Kaxu
|
Renewable (Solar)
|
51%(3)
|
South Africa
|
Rand
|
100 MW
|
BB-/Ba2/BB-(11)
|
2015
|
14
|
|
Elkhorn Valley
|
Renewable (Wind) |
49% |
Oregon (USA) |
USD |
101 MW |
BBB/A3/-- |
2007 |
7 |
|
Prairie Star
|
Renewable (Wind) |
49% |
Minnesota (USA) |
USD |
101 MW |
--/A3/A- |
2007 |
7 |
|
Twin Groves II
|
Renewable (Wind) |
49% |
Illinois (USA) |
USD |
198 MW |
BBB-/Baa2/BBB |
2008 |
5 |
|
Lone Star II
|
Renewable (Wind) |
49% |
Texas (USA) |
USD |
196 MW |
Not rated |
2008 |
2 |
|
Palmatir
|
Renewable (Wind)
|
100%
|
Uruguay
|
USD
|
50 MW
|
BBB/Baa2/BBB-(12)
|
2014
|
13
|
|
Cadonal
|
Renewable (Wind)
|
100%
|
Uruguay
|
USD
|
50 MW
|
BBB/Baa2/BBB-(12)
|
2014
|
13
|
|
Melowind
|
Renewable (Wind)
|
100%
|
Uruguay
|
USD
|
50 MW
|
BBB/Baa2/BBB-
|
2015
|
15
|
| Coso |
Renewable (Geothermal) |
100% |
California (USA) |
USD |
135 MW |
Investment Grade(14)
|
1987-1989 |
19 |
|
Mini-Hydro
|
Renewable (Hydraulic)
|
100%
|
Peru
|
USD
|
4 MW
|
BBB+/A3/BBB+
|
2012
|
12
|
|
ACT
|
Efficient natural gas & heat
|
100%
|
Mexico
|
USD
|
300 MW
|
BBB/ Ba3/BB-
|
2013
|
12
|
|
Monterrey
|
Efficient natural gas &heat
|
30%
|
Mexico
|
USD
|
142 MW
|
Not rated
|
2018
|
17
|
| Calgary |
Efficient natural gas &heat |
100% |
Canada |
CAD |
55 MWt |
~41% A+ or higher(15) |
2010 |
20 |
|
ATN (13)
|
Transmission line
|
100%
|
Peru
|
USD
|
379 miles
|
BBB+/Baa1/BBB
|
2011
|
20
|
|
ATS
|
Transmission line
|
100%
|
Peru
|
USD
|
569 miles
|
BBB+/Baa1/BBB
|
2014
|
23
|
|
ATN 2
|
Transmission line
|
100%
|
Peru
|
USD
|
81 miles
|
Not rated
|
2015
|
12
|
|
Quadra 1 & 2
|
Transmission line
|
100%
|
Chile
|
USD
|
49 miles/32 miles
|
Not rated
|
2014
|
14/14
|
|
Palmucho
|
Transmission line
|
100%
|
Chile
|
USD
|
6 miles
|
BBB+/WR/A-
|
2007
|
16
|
|
Chile TL3
|
Transmission line
|
100%
|
Chile
|
USD
|
50 miles
|
A/A1/A-
|
1993
|
Regulated
|
|
Skikda
|
Water
|
34.2%(4)
|
Algeria
|
USD
|
3.5 M ft3/day
|
Not rated
|
2009
|
13
|
|
Honaine
|
Water
|
25.5%(5)
|
Algeria
|
USD
|
7 M ft3/day
|
Not rated
|
2012
|
16
|
|
Tenes
|
Water
|
51%(7)
|
Algeria
|
USD
|
7 M ft3/day
|
Not rated
|
2015
|
19
|
|
(1)
|
Itochu Corporation, a Japanese trading company, holds 30% of the shares in each of Solaben 2 and Solaben 3.
|
|
(2)
|
JGC, a Japanese engineering company, holds 13% of the
shares in each of Solacor 1 and Solacor 2.
|
|
(3)
|
Kaxu is owned by the Company (51%), Industrial Development Corporation of South Africa (29%) and Kaxu Community Trust (20%).
|
|
(4)
|
Algerian Energy Company, SPA owns 49% of Skikda and Sacyr Agua, S.L. owns the remaining 16.83%.
|
|
(5)
|
Algerian Energy Company, SPA owns 49% of Honaine and Sacyr Agua, S.L. owns the remaining 25.5%.
|
|
(6)
|
Instituto para la Diversificación y Ahorro de la Energía (“Idae”), a Spanish state-owned company, holds 20% of the shares in Seville
PV.
|
|
(7)
|
Algerian Energy Company, SPA owns 49% of Tenes.
|
|
(8)
|
65% of the shares in Chile PV
1 and Chile PV 2 are indirectly held by financial partners through the renewable energy platform of the Company in Chile.
|
|
(9)
|
Certain contracts denominated in U.S. dollars are payable in local currency.
|
|
(10)
|
Reflects the counterparty’s credit ratings issued by Standard & Poor’s Ratings Services, or S&P,
Moody’s Investors Service Inc., or Moody’s, and Fitch Ratings Ltd, or Fitch.
|
|
(11)
|
Refers to the credit rating of the Republic of South Africa. The off-taker is Eskom, which is a
state-owned utility company in South Africa.
|
|
(12)
|
Refers to the credit rating
of Uruguay, as UTE (Administración Nacional de Usinas y Transmisoras Eléctricas) is unrated.
|
|
(13)
|
Including ATN Expansion 1 & 2.
|
|
(14)
|
Refers to the credit
rating of two Community Choice Aggregators: Silicon Valley Clean Energy and Monterrey Bar Community Power, both with A Rating from S&P and Southern California Public Power Authority. The third off-taker is not rated.
|
|
(15)
|
Refers to the credit rating of a diversified mix of 22 high credit quality clients (~41%A+ rating or higher, the rest is
unrated).
|
|
(16)
|
As of September 30, 2021.
|
|
(*)
|
Commercial Operation Date
|
|