v3.22.4
Nature of the business, Concessional assets owned (Details) - € / MWh
3 Months Ended 12 Months Ended
Jun. 30, 2021
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Nature of the business [Abstract]        
Ownership   49.00% 49.00%  
Market price per MWh   121.9 48.82  
Real price per MWh     111.9 33.94
Future price per MWh 121.9      
Remuneration on operation payment per MWh   0    
ACT [Member]        
Nature of the business [Abstract]        
Type   Efficient natural gas & heat    
Ownership   100.00%    
Location   Mexico    
Currency [1]   USD    
Capacity (gross)   300 MW    
Counterparty credit ratings [2]   BBB/B1/BB-    
COD [3]   2013    
Contract years remaining [4]   10 years    
Monterrey [Member]        
Nature of the business [Abstract]        
Type   Efficient natural gas &heat    
Ownership   30.00%    
Location   Mexico    
Currency [1]   USD    
Capacity (gross)   142 MW    
Counterparty credit ratings [2]   Not rated    
COD [3]   2018    
Contract years remaining [4]   23 years    
ATN [Member]        
Nature of the business [Abstract]        
Type [5]   Transmission line    
Ownership [5]   100.00%    
Location [5]   Peru    
Currency [1],[5]   USD    
Capacity (gross) [5]   379 miles    
Counterparty credit ratings [2],[5]   BBB/Baa1/BBB    
COD [3],[5]   2011    
Contract years remaining [4],[5]   18 years    
ATS [Member]        
Nature of the business [Abstract]        
Type   Transmission line    
Ownership   100.00%    
Location   Peru    
Currency [1]   USD    
Capacity (gross)   569 miles    
Counterparty credit ratings [2]   BBB/Baa1/BBB    
COD [3]   2014    
Contract years remaining [4]   21 years    
ATN 2 [Member]        
Nature of the business [Abstract]        
Type   Transmission line    
Ownership   100.00%    
Location   Peru    
Currency [1]   USD    
Capacity (gross)   81 miles    
Counterparty credit ratings [2]   Not rated    
COD [3]   2015    
Contract years remaining [4]   10 years    
Quadra 1 & 2 [Member]        
Nature of the business [Abstract]        
Type   Transmission line    
Ownership   100.00%    
Location   Chile    
Currency [1]   USD    
Capacity (gross)   49 miles/32 miles    
Counterparty credit ratings [2]   Not rated    
COD [3]   2014    
Quadra 1 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   12 years    
Quadra 2 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   12 years    
Palmucho [Member]        
Nature of the business [Abstract]        
Type   Transmission line    
Ownership   100.00%    
Location   Chile    
Currency [1]   USD    
Capacity (gross)   6 miles    
Counterparty credit ratings [2]   BBB/ -- /BBB+    
COD [3]   2007    
Contract years remaining [4]   15 years    
Chile TL3 [Member]        
Nature of the business [Abstract]        
Type   Transmission line    
Ownership   100.00%    
Location   Chile    
Currency [1]   USD    
Capacity (gross)   50 miles    
Counterparty credit ratings [2]   A/A2/A-    
COD [3]   1993    
Chile TL4 [Member]        
Nature of the business [Abstract]        
Type   Transmission line    
Ownership   100.00%    
Location   Chile    
Currency [1]   USD    
Capacity (gross)   63 miles    
Counterparty credit ratings [2]   Not rated    
COD [3]   2016    
Contract years remaining [4]   49 years    
Skikda [Member]        
Nature of the business [Abstract]        
Type   Water    
Ownership [6]   34.20%    
Location   Algeria    
Currency [1]   USD    
Capacity (gross)   3.5 M ft3/day    
Counterparty credit ratings [2]   Not rated    
COD [3]   2009    
Contract years remaining [4]   11 years    
Skikda [Member] | Algerian Energy Company, SPA [Member]        
Nature of the business [Abstract]        
Percentage of non-controlling interests   49.00%    
Skikda [Member] | Sacyr Agua S.L. [Member]        
Nature of the business [Abstract]        
Percentage of non-controlling interests   16.80%    
Honaine [Member]        
Nature of the business [Abstract]        
Type   Water    
Ownership [7]   25.50%    
Location   Algeria    
Currency [1]   USD    
Capacity (gross)   7 M ft3/day    
Counterparty credit ratings [2]   Not rated    
COD [3]   2012    
Contract years remaining [4]   15 years    
Honaine [Member] | Algerian Energy Company, SPA [Member]        
Nature of the business [Abstract]        
Percentage of non-controlling interests   49.00%    
Honaine [Member] | Sacyr Agua S.L. [Member]        
Nature of the business [Abstract]        
Percentage of non-controlling interests   25.50%    
Tenes [Member]        
Nature of the business [Abstract]        
Type   Water    
Ownership [8]   51.00%    
Location   Algeria    
Currency [1]   USD    
Capacity (gross)   7 M ft3/day    
Counterparty credit ratings [2]   Not rated    
COD [3]   2015    
Contract years remaining [4]   17 years    
Tenes [Member] | Algerian Energy Company, SPA [Member]        
Nature of the business [Abstract]        
Percentage of non-controlling interests   49.00%    
PS10 & PS20 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership   100.00%    
Location   Spain    
Currency [1]   Euro    
Capacity (gross)   31 MW    
Counterparty credit ratings [2]   A/Baa1/A-    
COD [3]   2007&2009    
PS10 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   9 years    
PS20 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   11 years    
Solana [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership   100.00%    
Location   Arizona (USA)    
Currency [1]   USD    
Capacity (gross)   280 MW    
Counterparty credit ratings [2]   BBB+/A3/BBB+    
COD [3]   2013    
Contract years remaining [4]   21 years    
Mojave [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership   100.00%    
Location   California (USA)    
Currency [1]   USD    
Capacity (gross)   280 MW    
Counterparty credit ratings [2]   BB-/ -- /BB    
COD [3]   2014    
Contract years remaining [4]   17 years    
Coso [Member]        
Nature of the business [Abstract]        
Type   Renewable (Geothermal)    
Ownership   100.00%    
Location   California (USA)    
Currency [1]   USD    
Capacity (gross)   135 MW    
Counterparty credit ratings [2],[9]   Investment Grade    
COD [3]   1987-1989    
Contract years remaining [4]   16 years    
Elkhorn Valley [Member]        
Nature of the business [Abstract]        
Type [10]   Renewable (Wind)    
Ownership [10]   49.00%    
Location [10]   Oregon (USA)    
Currency [1],[10]   USD    
Capacity (gross) [10]   101 MW    
Counterparty credit ratings [2],[10]   BBB/Baa1/--    
COD [3],[10]   2007    
Contract years remaining [4],[10]   5 years    
Prairie Star [Member]        
Nature of the business [Abstract]        
Type [10]   Renewable (Wind)    
Ownership [10]   49.00%    
Location [10]   Minnesota (USA)    
Currency [1],[10]   USD    
Capacity (gross) [10]   101 MW    
Counterparty credit ratings [2],[10]   --/A3/A-    
COD [3],[10]   2007    
Contract years remaining [4],[10]   5 years    
Twin Groves II [Member]        
Nature of the business [Abstract]        
Type [10]   Renewable (Wind)    
Ownership [10]   49.00%    
Location [10]   Illinois (USA)    
Currency [1],[10]   USD    
Capacity (gross) [10]   198 MW    
Counterparty credit ratings [2],[10]   BBB/Baa2/--    
COD [3],[10]   2008    
Contract years remaining [4],[10]   3 years    
Lone Star II [Member]        
Nature of the business [Abstract]        
Type [10]   Renewable (Wind)    
Ownership [10]   49.00%    
Location [10]   Texas (USA)    
Currency [1],[10]   USD    
Capacity (gross) [10]   196 MW    
Counterparty credit ratings [2],[10]   N/A    
COD [3],[10]   2008    
Chile PV I [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership [11]   35.00%    
Location   Chile    
Currency [1]   USD    
Capacity (gross)   55 MW    
Counterparty credit ratings [2]   N/A    
COD [3]   2016    
Percentage of non-controlling interests   65.00%    
Chile PV2 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership [11]   35.00%    
Location   Chile    
Currency [1]   USD    
Capacity (gross)   40 MW    
Counterparty credit ratings [2]   Not rated    
COD [3]   2017    
Contract years remaining [4]   8 years    
Percentage of non-controlling interests   65.00%    
Chile PV 3 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership [11]   35.00%    
Location   Chile    
Currency [1]   USD    
Capacity (gross)   73 MW    
Counterparty credit ratings [2]   N/A    
COD [3]   2014    
Percentage of non-controlling interests   65.00%    
La Sierpe [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership   100.00%    
Location   Colombia    
Currency [1]   COP    
Capacity (gross)   20 MW    
Counterparty credit ratings [2]   Not rated    
COD [3]   2021    
Contract years remaining [4]   13 years    
Palmatir [Member]        
Nature of the business [Abstract]        
Type   Renewable (Wind)    
Ownership   100.00%    
Location   Uruguay    
Currency [1]   USD    
Capacity (gross)   50 MW    
Counterparty credit ratings [2],[12]   BBB/Baa2/BBB-    
COD [3]   2014    
Contract years remaining [4]   11 years    
Cadonal [Member]        
Nature of the business [Abstract]        
Type   Renewable (Wind)    
Ownership   100.00%    
Location   Uruguay    
Currency [1]   USD    
Capacity (gross)   50 MW    
Counterparty credit ratings [2],[12]   BBB/Baa2/BBB-    
COD [3]   2014    
Contract years remaining [4]   12 years    
Melowind [Member]        
Nature of the business [Abstract]        
Type   Renewable (Wind)    
Ownership   100.00%    
Location   Uruguay    
Currency [1]   USD    
Capacity (gross)   50 MW    
Counterparty credit ratings [2]   BBB/Baa2/BBB-    
COD [3]   2015    
Contract years remaining [4]   13 years    
Mini-Hydro [Member]        
Nature of the business [Abstract]        
Type   Renewable (Hydraulic)    
Ownership   100.00%    
Location   Peru    
Currency [1]   USD    
Capacity (gross)   4 MW    
Counterparty credit ratings [2]   BBB/Baa1/BBB    
COD [3]   2012    
Contract years remaining [4]   10 years    
Solaben 2 & 3 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership [13]   70.00%    
Location   Spain    
Currency [1]   Euro    
Capacity (gross)   2x50 MW    
Counterparty credit ratings [2]   A/Baa1/A-    
COD [3]   2012    
Solaben 2 & 3 [Member] | Itochu Corporation [Member]        
Nature of the business [Abstract]        
Percentage of non-controlling interests   30.00%    
Solaben 2 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   15 years    
Solaben 3 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   15 years    
Solacor 1 & 2 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership [14]   87.00%    
Location   Spain    
Currency [1]   Euro    
Capacity (gross)   2x50 MW    
Counterparty credit ratings [2]   A/Baa1/A-    
COD [3]   2012    
Solacor 1 & 2 [Member] | JGC [Member]        
Nature of the business [Abstract]        
Percentage of non-controlling interests   13.00%    
Solacor 1 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   14 years    
Solacor 2 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   14 years    
Helioenergy 1 & 2 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership   100.00%    
Location   Spain    
Currency [1]   Euro    
Capacity (gross)   2x50 MW    
Counterparty credit ratings [2]   A/Baa1/A-    
COD [3]   2011    
Helioenergy 1 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   14 years    
Helioenergy 2 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   14 years    
Helios 1 & 2 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership   100.00%    
Location   Spain    
Currency [1]   Euro    
Capacity (gross)   2x50 MW    
Counterparty credit ratings [2]   A/Baa1/A-    
COD [3]   2012    
Helios 1 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   14 years    
Helios 2 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   15 years    
Solnova 1, 3 & 4 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership   100.00%    
Location   Spain    
Currency [1]   Euro    
Capacity (gross)   3x50 MW    
Counterparty credit ratings [2]   A/Baa1/A-    
COD [3]   2010    
Solnova 1 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   12 years    
Solnova 3 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   12 years    
Solnova 4 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   13 years    
Solaben 1 & 6 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership   100.00%    
Location   Spain    
Currency [1]   Euro    
Capacity (gross)   2x50 MW    
Counterparty credit ratings [2]   A/Baa1/A-    
COD [3]   2013    
Solaben 1 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   16 years    
Solaben 6 [Member]        
Nature of the business [Abstract]        
Contract years remaining [4]   16 years    
Seville PV [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership [15]   80.00%    
Location   Spain    
Currency [1]   Euro    
Capacity (gross)   1 MW    
Counterparty credit ratings [2]   A/Baa1/A-    
COD [3]   2006    
Contract years remaining [4]   13 years    
Seville PV [Member] | Idae [Member]        
Nature of the business [Abstract]        
Percentage of non-controlling interests   20.00%    
Italy PV 1 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership   100.00%    
Location   Italy    
Currency [1]   Euro    
Capacity (gross)   1.6 MW    
Counterparty credit ratings [2]   BBB/Baa3/BBB    
COD [3]   2010    
Contract years remaining [4]   8 years    
Italy PV 2 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership   100.00%    
Location   Italy    
Currency [1]   Euro    
Capacity (gross)   2.1 MW    
Counterparty credit ratings [2]   BBB/Baa3/BBB    
COD [3]   2011    
Contract years remaining [4]   8 years    
Italy PV 3 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership   100.00%    
Location   Italy    
Currency [1]   Euro    
Capacity (gross)   2.5 MW    
Counterparty credit ratings [2]   BBB/Baa3/BBB    
COD [3]   2012    
Contract years remaining [4]   9 years    
Italy PV 4 [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership   100.00%    
Location   Italy    
Currency [1]   Euro    
Capacity (gross)   3.6 MW    
Counterparty credit ratings [2]   BBB/Baa3/BBB    
COD [3]   2011    
Contract years remaining [4]   9 years    
Kaxu [Member]        
Nature of the business [Abstract]        
Type   Renewable (Solar)    
Ownership [16]   51.00%    
Location   South Africa    
Currency [1]   Rand    
Capacity (gross)   100 MW    
Counterparty credit ratings [2],[17]   BB-/Ba2/BB-    
COD [3]   2015    
Contract years remaining [4]   12 years    
Kaxu [Member] | IDC [Member]        
Nature of the business [Abstract]        
Percentage of non-controlling interests   29.00%    
Kaxu [Member] | Kaxu Community Trust [Member]        
Nature of the business [Abstract]        
Percentage of non-controlling interests   20.00%    
Calgary [Member]        
Nature of the business [Abstract]        
Type   Efficient natural gas &heat    
Ownership   100.00%    
Location   Canada    
Currency [1]   CAD    
Capacity (gross)   55 MWt    
Counterparty credit ratings [2],[18]   ~41% A+ or higher    
COD [3]   2010    
Contract years remaining [4]   18 years    
[1] Certain contracts denominated in U.S. dollars are payable in local currency.
[2] 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. Not applicable (“N/A”) when the asset has no PPA.
[3] Commercial Operation Date.
[4] As of December 31, 2022.
[5] Including ATN Expansion 1 & 2.
[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. The Company has an investment in Tenes through a secured loan to Befesa Agua Tenes (the holding company of Tenes) and the right to appoint a majority at the board of directors of the project company. Therefore, the Company controls Tenes since May 31, 2020, and fully consolidates the asset from that date.
[9] 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.
[10] Part of Vento II Portfolio.
[11] 65% of the shares in Chile PV 1, Chile PV 2 and Chile PV 3 are indirectly held by financial partners through the renewable energy platform of the Company in Chile.
[12] Refers to the credit rating of Uruguay, as UTE (Administración Nacional de Usinas y Transmisoras Eléctricas) is unrated.
[13] Itochu Corporation holds 30% of the shares in each of Solaben 2 and Solaben 3.
[14] JGC holds 13% of the shares in each of Solacor 1 and Solacor 2.
[15] Instituto para la Diversificación y Ahorro de la Energía (“Idae”) holds 20% of the shares in Seville PV.
[16] Kaxu is owned by the Company (51%), Industrial Development Corporation of South Africa (“IDC”, 29%) and Kaxu Community Trust (20%).
[17] 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.
[18] Refers to the credit rating of a diversified mix of 22 high credit quality clients (~41% A+ rating or higher, the rest is unrated).