v3.22.4
Investments carried under the equity method, Breakdown of stand-alone amounts (Details)
$ in Thousands
12 Months Ended
Nov. 30, 2022
USD ($)
MW
Jun. 16, 2021
MW
Dec. 31, 2022
USD ($)
MW
Dec. 31, 2021
USD ($)
Dec. 31, 2020
USD ($)
Nov. 16, 2022
USD ($)
Dividend distribution [Abstract]            
Percentage of voting equity interests acquired 49.00%          
Dividend distribution     $ 57,537 $ 36,877    
Share of profit (loss) of associates accounted for using equity method     21,465 12,304 $ 510  
Investments accounted for using equity method     260,031 294,581 116,614  
Investments in associates [Abstract]            
Non-current assets     8,069,183 8,585,025    
Current assets     1,031,728 1,166,905    
Project debt     4,553,052 5,036,193 5,237,614  
Other non-current liabilities     6,792,862 7,178,920    
Other current liabilities     519,002 824,405    
Revenue     1,102,029 1,211,749 1,013,260  
Loss for the period     (2,087) (10,918) 16,874  
Investment under the equity method     $ 260,031 $ 294,581 $ 116,614  
Ownership interest     49.00% 49.00%    
Share of profit     $ 21,465 $ 12,304    
Bottom of Range [Member]            
Investments in associates [Abstract]            
Percentage of shareholders required for approval of relevant decisions     75.00%      
Chile PMGD [Member]            
Dividend distribution [Abstract]            
Percentage of voting equity interests acquired           49.00%
Investments accounted for using equity method $ 4,500         $ 30,000
Investments in associates [Abstract]            
Investment under the equity method $ 4,500         $ 30,000
Gross capacity | MW 80          
AYES Canada [Member] | Amherst Island [Member]            
Dividend distribution [Abstract]            
Dividend distribution     $ 20,900 $ 17,700    
Geida Tlemcen, S.L. [Member]            
Investments in associates [Abstract]            
% Shares       50.00%    
Arroyo Netherlands II B.V [Member]            
Investments in associates [Abstract]            
% Shares     30.00%      
Ownership interest     100.00%      
Share of profit     $ (5,300) $ (2,000)    
Honaine [Member]            
Dividend distribution [Abstract]            
Dividend distribution     4,000 4,400    
2007 Vento II, LLC [Member]            
Dividend distribution [Abstract]            
Dividend distribution     32,600 14,800    
Investments accounted for using equity method [1]     $ 181,735 $ 195,952    
Investments in associates [Abstract]            
% Shares   49.00% 49.00% [1] 49.00% [1]    
Non-current assets [1]     $ 435,029 $ 459,037    
Current assets [1]     14,198 13,511    
Project debt [1]     0 0    
Other non-current liabilities [1]     57,596 62,387    
Other current liabilities [1]     11,515 10,259    
Revenue [1]     103,362 104,461    
Operating profit/(loss) [1]     42,662 34,216    
Loss for the period [1]     40,992 32,806    
Investment under the equity method [1]     181,735 195,952    
Share of profit     20,100 8,400    
Gross capacity | MW   596        
Windlectric Inc. [Member]            
Dividend distribution [Abstract]            
Investments accounted for using equity method [2]     $ 18,935 $ 41,911    
Investments in associates [Abstract]            
% Shares [2]     30.00% 30.00%    
Non-current assets [2]     $ 278,504 $ 310,751    
Current assets [2]     3,338 11,036    
Project debt [2]     0 0    
Other non-current liabilities [2]     167,519 207,404    
Other current liabilities [2]     43,227 38,126    
Revenue [2]     24,996 24,008    
Operating profit/(loss) [2]     10,560 10,442    
Loss for the period [2]     (15) 152    
Investment under the equity method [2]     $ 18,935 41,911    
Ownership interest     100.00%      
Myah Bahr Honaine, S.P.A. [Member]            
Dividend distribution [Abstract]            
Investments accounted for using equity method [3]     $ 42,128 $ 38,922    
Investments in associates [Abstract]            
% Shares [3]     25.50% 25.50%    
Non-current assets [3]     $ 150,623 $ 151,830    
Current assets [3]     66,246 59,020    
Project debt [3]     43,579 51,721    
Other non-current liabilities [3]     18,902 18,142    
Other current liabilities [3]     4,257 3,293    
Revenue [3]     55,267 53,450    
Operating profit/(loss) [3]     33,374 33,935    
Loss for the period [3]     26,768 24,899    
Investment under the equity method [3]     $ 42,128 38,922    
Myah Bahr Honaine, S.P.A. [Member] | Geida Tlemcen, S.L. [Member]            
Investments in associates [Abstract]            
% Shares     51.00%      
Share of profit     $ 6,800 6,400    
Pemcorp SAPI de CV [Member]            
Dividend distribution [Abstract]            
Investments accounted for using equity method [4]     $ 10,034 $ 15,358    
Investments in associates [Abstract]            
% Shares [4]     30.00% 30.00%    
Non-current assets [4]     $ 138,931 $ 127,892    
Current assets [4]     112,352 117,083    
Project debt [4]     159,382 146,931    
Other non-current liabilities [4]     90,474 101,439    
Other current liabilities [4]     4,328 2,925    
Revenue [4]     45,625 40,166    
Operating profit/(loss) [4]     1,680 6,561    
Loss for the period [4]     (17,747) (6,522)    
Investment under the equity method [4]     10,034 15,358    
Pectonex, R.F. Proprietary Limited [Member]            
Dividend distribution [Abstract]            
Investments accounted for using equity method     $ 1,411 $ 1,495    
Investments in associates [Abstract]            
% Shares     50.00% 50.00%    
Non-current assets     $ 2,045 $ 2,356    
Current assets     0 0    
Project debt     0 0    
Other non-current liabilities     0 0    
Other current liabilities     1 1    
Revenue     0 0    
Operating profit/(loss)     (168) (186)    
Loss for the period     (168) (186)    
Investment under the equity method     1,411 1,495    
Evacuacion Valdecaballeros, S.L. [Member]            
Dividend distribution [Abstract]            
Investments accounted for using equity method     $ 858 $ 923    
Investments in associates [Abstract]            
% Shares     57.16% 57.16%    
Non-current assets     $ 15,551 $ 17,185    
Current assets     1,020 976    
Project debt     0 0    
Other non-current liabilities     13,635 15,022    
Other current liabilities     232 156    
Revenue     860 938    
Operating profit/(loss)     (60) (63)    
Loss for the period     (89) (93)    
Investment under the equity method     858 923    
Evacuacion Villanueva del Rey, S.L [Member]            
Dividend distribution [Abstract]            
Investments accounted for using equity method     $ 0 $ 0    
Investments in associates [Abstract]            
% Shares     40.02% 40.02%    
Non-current assets     $ 2,317 $ 2,637    
Current assets     12 63    
Project debt     0 0    
Other non-current liabilities     1,386 1,601    
Other current liabilities     111 172    
Revenue     0 0    
Operating profit/(loss)     57 59    
Loss for the period     0 0    
Investment under the equity method     0 0    
Liberty Infraestructuras S.L. [Member]            
Dividend distribution [Abstract]            
Investments accounted for using equity method     $ 29 $ 21    
Investments in associates [Abstract]            
% Shares     20.00% 20.00%    
Non-current assets     $ 93 $ 238    
Current assets     283 46    
Project debt     0 0    
Other non-current liabilities     0 0    
Other current liabilities     37 5    
Revenue     0 0    
Operating profit/(loss)     0 (54)    
Loss for the period     (22) (54)    
Investment under the equity method     29 $ 21    
Akuo Atlantica PMGD Holding S.P.A [Member]            
Dividend distribution [Abstract]            
Investments accounted for using equity method [5]     $ 4,450      
Investments in associates [Abstract]            
% Shares [5]     49.00%      
Non-current assets [5]     $ 14,814      
Current assets [5]     2,828      
Project debt [5]     0      
Other non-current liabilities [5]     8,755      
Other current liabilities [5]     326      
Revenue [5]     0      
Operating profit/(loss) [5]     0      
Loss for the period [5]     (348)      
Investment under the equity method [5]     $ 4,450      
Gross capacity | MW     80      
Fontanil Solar, S.L.U. [Member]            
Dividend distribution [Abstract]            
Investments accounted for using equity method     $ 229      
Investments in associates [Abstract]            
% Shares     25.00%      
Non-current assets     $ 117      
Current assets     7      
Project debt     0      
Other non-current liabilities     99      
Other current liabilities     24      
Revenue     0      
Operating profit/(loss)     (1)      
Loss for the period     (2)      
Investment under the equity method     229      
Murum Solar, S.L.U. [Member]            
Dividend distribution [Abstract]            
Investments accounted for using equity method     $ 222      
Investments in associates [Abstract]            
% Shares     25.00%      
Non-current assets     $ 228      
Current assets     8      
Project debt     0      
Other non-current liabilities     180      
Other current liabilities     59      
Revenue     0      
Operating profit/(loss)     (1)      
Loss for the period     (5)      
Investment under the equity method     $ 222      
[1] 2007 Vento II, LLC, is the holding company of a 596 MW portfolio of wind assets in the U.S., 49% owned by Atlantica since June 16, 2021, and accounted for under the equity method in these Consolidated Financial Statements (Note 1). Share of profit of 2007 Vento II, LLC. included in these Consolidated Financial Statements amounts to $20.1 million in 2022 and $8.4 million in 2021.
[2] Windlectric Inc., the project entity, is 100% owned by Amherst Island Partnership which is accounted for under the equity method in these Consolidated Financial Statements.
[3] Myah Bahr Honaine, S.P.A., the project entity, is 51% owned by Geida Tlemcen, S.L. which is accounted for using the equity method in these Consolidated Financial Statements. Geida Tlemcen, S.L. is 50% owned by Atlantica. Share of profit of Myah Bahr Honaine S.P.A. included in these Consolidated Financial Statements amounts to $6.8 million in 2022 and $6.4 million in 2021.
[4] Pemcorp SAPI de CV, Monterrey´s project entity, is 100% owned by Arroyo Netherlands II B.V. which is accounted for under the equity method in these Consolidated Financial Statements. Arroyo Netherlands II B.V. is 30% owned by Atlantica. Share of profit of Pemcorp SAPI de CV included in these Consolidated Financial Statements amounts to a loss of $5.3 million in 2022 and a loss of $2.0 million in 2021.
[5] Akuo Atlantica PMGD Holding S.P.A. is the holding company of a 80 MW portfolio of solar PV assets in Chile, which is currently starting construction, 49% owned by Atlantica, with joint control since November 2022 and accounted for under the equity method in these Consolidated Financial Statements.