|
The following table provides an overview of the main contracted concessional
assets the Company owned or had an interest in as of June 30, 2022:
|
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
|
BBB+/A3/BBB+
|
2013
|
22
|
|
Mojave
|
Renewable (Solar)
|
100%
|
California (USA)
|
USD
|
280 MW
|
BB-/ -- /BB
|
2014
|
18
|
Coso
|
Renewable (Geothermal) |
100% |
California (USA) |
USD |
135 MW |
Investment Grade(11) |
1987-1989 |
17 |
Elkhorn Valley
|
Renewable (Wind) |
49% |
Oregon (USA) |
USD |
101 MW |
BBB/Baa1/-- |
2007 |
6 |
Prairie Star
|
Renewable (Wind) |
49% |
Minnesota (USA) |
USD |
101 MW |
--/A3/A- |
2007 |
6 |
Twin Groves II
|
Renewable (Wind) |
49% |
Illinois (USA) |
USD |
198 MW |
BBB-/Baa2/-- |
2008 |
4 |
Lone Star II
|
Renewable (Wind) |
49% |
Texas (USA) |
USD |
196 MW |
Not rated |
2008 |
1 |
|
Chile PV 1
|
Renewable (Solar)
|
35%(1)
|
Chile
|
USD
|
55 MW
|
N/A
|
2016
|
N/A
|
|
Chile PV 2
|
Renewable (Solar)
|
35%(1)
|
Chile
|
USD
|
40 MW
|
Not rated
|
2017
|
9
|
La Sierpe
|
Renewable (Solar) |
100% |
Colombia |
COP |
20 MW |
Not rated |
2021 |
14 |
Palmatir
|
Renewable (Wind) |
100% |
Uruguay |
USD |
50 MW |
BBB/Baa2/BBB-(12) |
2014 |
12 |
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 |
14 |
Mini-Hydro
|
Renewable (Hydraulic) |
100% |
Peru |
USD |
4 MW |
BBB/Baa1/BBB |
2012 |
11 |
|
Solaben 2 & 3
|
Renewable (Solar)
|
70%(2)
|
Spain
|
Euro
|
2x50 MW
|
A/Baa1/A-
|
2012
|
16/16
|
|
Solacor 1 & 2
|
Renewable (Solar)
|
87%(3)
|
Spain
|
Euro
|
2x50 MW
|
A/Baa1/A-
|
2012
|
15/15
|
|
PS10 & PS20
|
Renewable (Solar)
|
100%
|
Spain
|
Euro
|
31 MW
|
A/Baa1/A-
|
2007&2009
|
10/12
|
|
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
|
15/16
|
|
Solnova 1, 3 & 4
|
Renewable (Solar)
|
100%
|
Spain
|
Euro
|
3x50 MW
|
A/Baa1/A-
|
2010
|
13/13/14
|
|
Solaben 1 & 6
|
Renewable (Solar)
|
100%
|
Spain
|
Euro
|
2x50 MW
|
A/Baa1/A-
|
2013
|
17/17
|
|
Seville PV
|
Renewable (Solar)
|
80%(4)
|
Spain
|
Euro
|
1 MW
|
A/Baa1/A-
|
2006
|
14
|
Italy PV 1
|
Renewable (Solar) |
100% |
Italy |
Euro |
1.6 MW |
BBB/Baa3/BBB |
2010 |
9 |
Italy PV 2
|
Renewable (Solar) |
100% |
Italy |
Euro |
2.1 MW |
BBB/Baa3/BBB |
2011 |
9 |
Italy PV 3
|
Renewable (Solar) |
100% |
Italy |
Euro |
2.5 MW |
BBB/Baa3/BBB |
2012 |
10 |
Italy PV 4
|
Renewable (Solar) |
100% |
Italy |
Euro |
3.6 MW |
BBB/Baa3/BBB |
2011 |
9 |
|
Kaxu
|
Renewable (Solar)
|
51%(5)
|
South Africa
|
Rand
|
100 MW
|
BB-/Ba2/BB-(13)
|
2015
|
13
|
|
Calgary
|
Efficient natural gas &heat
|
100%
|
Canada
|
CAD
|
55 MWt
|
~41% A+ or higher(14)
|
2010
|
19
|
|
ACT
|
Efficient natural gas & heat
|
100%
|
Mexico
|
USD
|
300 MW
|
BBB/ Ba3/BB-
|
2013
|
11
|
| Monterrey |
Efficient natural gas &heat |
30% |
Mexico |
USD |
142 MW |
Not rated
|
2018 |
24 |
|
ATN (15)
|
Transmission line
|
100%
|
Peru
|
USD
|
379 miles
|
BBB/Baa1/BBB
|
2011
|
19
|
|
ATS
|
Transmission line
|
100%
|
Peru
|
USD
|
569 miles
|
BBB/Baa1/BBB
|
2014
|
22
|
|
ATN 2
|
Transmission line
|
100%
|
Peru
|
USD
|
81 miles
|
Not rated
|
2015
|
11
|
|
Quadra 1 & 2
|
Transmission line
|
100%
|
Chile
|
USD
|
49 miles/32 miles
|
Not rated
|
2014
|
13/13
|
|
Palmucho
|
Transmission line
|
100%
|
Chile
|
USD
|
6 miles
|
BBB/ -- /A-
|
2007
|
16
|
|
Chile TL3
|
Transmission line
|
100%
|
Chile
|
USD
|
50 miles
|
A/A1/A-
|
1993
|
Regulated
|
| Chile TL4 |
Transmission line
|
100%
|
Chile
|
USD
|
63 miles
|
Not rated
|
2016
|
50
|
|
Skikda
|
Water
|
34.2%(6)
|
Algeria
|
USD
|
3.5 M ft3/day
|
Not rated
|
2009
|
12
|
|
Honaine
|
Water
|
25.5%(7)
|
Algeria
|
USD
|
7 M ft3/day
|
Not rated
|
2012
|
16
|
|
Tenes
|
Water
|
51%(8)
|
Algeria
|
USD
|
7 M ft3/day
|
Not rated
|
2015
|
18
|
| (1) |
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.
|
| (2) |
Itochu Corporation holds 30% of the shares in each of Solaben 2 and Solaben 3.
|
| (3) |
JGC holds 13% of the shares in each of Solacor 1 and Solacor 2.
|
| (4) |
Instituto para la
Diversificación y Ahorro de la Energía (“Idae”) holds 20% of the shares in Seville PV.
|
| (5) |
Kaxu is owned by the Company (51%), Industrial Development
Corporation of South Africa (29%) and Kaxu Community Trust (20%).
|
| (6) |
Algerian Energy Company, SPA owns 49%
of Skikda and Sacyr Agua, S.L. owns the remaining 16.8%.
|
| (7) |
Algerian Energy Company, SPA owns 49% of Honaine and Sacyr Agua, S.L. owns the remaining 25.5%.
|
| (8) |
Algerian Energy Company,
SPA owns 49% of Tenes.
|
| (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 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.
|
| (12) |
Refers to the credit rating
of Uruguay, as UTE (Administración Nacional de Usinas y Transmisoras Eléctricas) is unrated.
|
| (13) |
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.
|
| (14) |
Refers to the credit rating of a diversified
mix of 22 high credit quality clients (~41% A+ rating or higher, the rest is unrated).
|
| (15) |
Including ATN Expansion 1 & 2.
|
| (16) |
As of December 31, 2021. Monterrey includes a
7.5-year PPA extension signed in May 2022.
|
| (*) |
Commercial Operation Date.
|
|