v3.22.4
Investments carried under the equity method (Tables)
12 Months Ended
Dec. 31, 2022
Investments carried under the equity method [Abstract]  
Investments in associates and joint ventures
The table below shows the breakdown and the movement of the investments held in associates and joint ventures for 2022 and 2021:

Investments in associates and joint ventures
 
2022
   
2021
 
Initial balance
   
294,581
     
116,614
 
Share of profit
   
21,465
     
12,304
 
Distributions
   
(57,537
)
   
(36,877
)
Acquisitions
   
4,901
     
202,345
 
Others (incl. currency translation differences)
   
(3,379
)
   
195
 
Final balance
   
260,031
     
294,581
 
Breakdown of investments held in associates
The tables below show a breakdown of stand-alone amounts of assets, revenues and profit and loss as well as other information of interest for the years 2022 and 2021 for the entities carried under the equity method:

 
Company
 
%
Shares of the Company
   
Non-
current
assets
   
Current
assets
    Project
debt

   
Other
non-
current
liabilities
   
Other current
liabilities
   
Revenue
   
Operating
profit/
(loss)
   
Net
profit/
(loss)
   
Investment
under the
equity
method
 
2007 Vento II, LLC (1)
   
49.00
     
435,029
     
14,198
      -      
57,596
     
11,515
     
103,362
     
42,662
     
40,992
     
181,735
 
Windlectric Inc (2)
   
30.00
     
278,504
     
3,338
      -      
167,519
     
43,227
     
24,996
     
10,560
     
(15
)
   
18,935
 
Myah Bahr Honaine, S.P.A.(3)
   
25.50
     
150,623
     
66,246
      43,579      
18,902
     
4,257
     
55,267
     
33,374
     
26,768
     
42,128
 
Pemcorp SAPI de CV (4)
   
30.00
     
138,931
     
112,352
      159,382      
90,474
     
4,328
     
45,625
     
1,680
     
(17,747
)
   
10,034
 
Pectonex, R.F. Proprietary Limited
   
50.00
     
2,045
     
-
      -      
-
     
1
     
-
     
(168
)
   
(168
)
   
1,411
 
Evacuación Valdecaballeros, S.L.
   
57.16
     
15,551
     
1,020
      -      
13,635
     
232
     
860
     
(60
)
   
(89
)
   
858
 
Evacuación Villanueva del Rey, S.L.
   
40.02
     
2,317
     
12
      -      
1,386
     
111
     
-
     
57
     
-
     
-
 
Liberty Infraestructuras S.L.
    20.00       93       283       -       -       37       -       -       (22 )     29  
Akuo Atlantica PMGD Holding S.P.A. (5)
    49.00       14,814       2,828       -       8,755       326       -       -       (348 )     4,450  
Fontanil Solar, S.L.U.
    25.00       117       7       -       99       24       -       (1 )     (2 )     229  
Murum Solar, S.L.U.
    25.00       228       8       -       180       59       -       (1 )     (5 )     222  
As of December 31, 2022
                                                                           
260,031
 

Company
 
%
Shares of the Company
   
Non-
current
assets
   
Current
assets
   
Project
Debt
   
Other
non-
current
liabilities
   
Other current
liabilities
   
Revenue
   
Operating
profit/
(loss)
   
Net
profit/
(loss)
   
Investment
under the
equity
method
 
2007 Vento II, LLC (1)
    49.00       459,037       13,511       -       62,387       10,259       104,461       34,216       32,806       195,952  
Windlectric Inc (2)
   
30.00
     
310,751
     
11,036
      -      
207,404
     
38,126
     
24,008
     
10,442
     
152
     
41,911
 
Myah Bahr Honaine, S.P.A.(3)
   
25.50
     
151,830
     
59,020
      51,721      
18,142
     
3,293
     
53,450
     
33,935
     
24,899
     
38,922
 
Pemcorp SAPI de CV (4)
   
30.00
     
127,892
     
117,083
      146,931      
101,439
     
2,925
     
40,166
     
6,561
     
(6,522
)
   
15,358
 
Pectonex, R.F. Proprietary Limited
   
50.00
     
2,356
     
-
      -      
-
     
1
     
-
     
(186
)
   
(186
)
   
1,495
 
Evacuación Valdecaballeros, S.L.
   
57.16
     
17,185
     
976
      -      
15,022
     
156
     
938
     
(63
)
   
(93
)
   
923
 
Evacuación Villanueva del Rey, S.L.
   
40.02
     
2,637
     
63
      -      
1,601
     
172
     
-
     
59
     
-
     
-
 
Liberty Infraestructuras S.L.
    20.00       238       46       -       -       5       -       (54 )     (54 )     21  
As of December 31, 2021
                                                                           
294,581