v3.23.3

Financial information by segment (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2023
Financial information by segment [Abstract] |
Revenues and Adjusted EBITDA, assets and liabilities by operating segments and business sectors |
a) | The following tables show Revenue and Adjusted EBITDA by operating segments and business sectors for the nine-month periods ended September 30, 2023 and 2022:
|  | Revenue |  |  | Adjusted EBITDA |
|  | For the nine-month period ended September 30, |  |  | For the nine-month period ended September 30, |
|  | ($ in thousands) |
Geography |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
North America |  |  | 338,745 |  |  |  | 323,693 |  |  |  | 260,684 |  |  |  | 258,161 |
South America |  |  | 140,269 |  |  |  | 122,549 |  |  |  | 112,049 |  |  |  | 95,080 |
EMEA |  |  | 379,569 |  |  |  | 412,163 |  |  |  | 254,548 |  |  |  | 277,400 |
Total |  |  | 858,583 |  |  |  | 858,405 |  |  |  | 627,281 |  |  |  | 630,641 |
|  | Revenue |  |  | Adjusted EBITDA |
|  | For the nine-month period ended September 30, |  |  | For the nine-month period ended September 30, |
|  | ($ in thousands) |
Business sectors |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Renewable energy |  |  | 640,117 |  |  |  | 652,757 |  |  |  | 460,442 |  |  |  | 469,851 |
Efficient natural gas & heat |  |  | 84,974 |  |  |  | 81,944 |  |  |  | 66,526 |  |  |  | 66,808 |
Transmission lines |  |  | 91,825 |  |  |  | 83,278 |  |  |  | 73,256 |  |  |  | 66,226 |
Water |  |  | 41,667 |  |  |  | 40,424 |  |  |  | 27,057 |  |  |  | 27,756 |
Total |  |  | 858,583 |  |  |  | 858,405 |  |  |  | 627,281 |  |  |  | 630,641 |
The reconciliation of segment Adjusted EBITDA with the profit/(loss) attributable to the Company is as follows:
|  | For the nine-month period ended September 30, ($ in thousands) |
|  | 2023 |  |  | 2022 |
Profit/(loss) attributable to the Company |  |  | 46,050 |  |  |  | (9,473 | )
Profit attributable to non-controlling interests |  |  | 2,846 |  |  |  | 11,278 |
Income tax (benefit)/expense |  |  | 11,587 |  |  |  | 12,975 |
Financial expense, net |  |  | 237,924 |  |  |  | 224,893 |
Depreciation, amortization, and impairment charges |  |  | 310,502 |  |  |  | 374,059 |
Depreciation and amortization, financial expense and income tax expense of unconsolidated affiliates (pro rata of Atlantica’s equity ownership) |  |  | 18,372 |  |  |  | 16,909 |
Total segment Adjusted EBITDA |  |  | 627,281 |  |  |  | 630,641 |
Assets and liabilities by geography |
b) | The assets and liabilities by operating segments and business sector as of September 30, 2023, and December 31, 2022 are as follows:
Assets and liabilities by geography as of September 30, 2023:
|  | North America |  |  | South America |  |  | EMEA |  |  | Balance as of September 30, 2023 |
|  | ($ in thousands) |
Assets allocated |  |  |  |  |  |  |  |  |  |  |  |
Contracted concessional, PP&E and other intangible assets |  |  | 3,081,319 |  |  |  | 1,210,839 |  |  |  | 2,893,257 |  |  |  | 7,185,415 |
Investments carried under the equity method |  |  | 195,434 |  |  |  | 7,769 |  |  |  | 40,695 |  |  |  | 243,898 |
Other current financial assets |  |  | 97,798 |  |  |  | 31,068 |  |  |  | 44,666 |  |  |  | 173,532 |
Cash and cash equivalents (project companies) |  |  | 165,905 |  |  |  | 132,816 |  |  |  | 247,657 |  |  |  | 546,378 |
Subtotal allocated |  |  | 3,540,456 |  |  |  | 1,382,492 |  |  |  | 3,226,275 |  |  |  | 8,149,223 |
Unallocated assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other non-current assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 349,275 |
Other current assets (including cash and cash equivalents at holding company level) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 363,145 |
Subtotal unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 712,420 |
Total assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 8,861,643 |
|  | North America |  |  | South America |  |  | EMEA |  |  | Balance as of September 30, 2023 |
|  | ($ in thousands) |
Liabilities allocated |  |  |  |  |  |  |  |  |  |  |  |
Long-term and short-term project debt |  |  | 1,686,999 |  |  |  | 826,049 |  |  |  | 1,899,016 |  |  |  | 4,412,064 |
Grants and other liabilities |  |  | 953,880 |  |  |  | 34,776 |  |  |  | 248,194 |  |  |  | 1,236,850 |
Subtotal allocated |  |  | 2,640,879 |  |  |  | 860,825 |  |  |  | 2,147,210 |  |  |  | 5,648,914 |
Unallocated liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term and short-term corporate debt |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,046,608 |
Other non-current liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 294,414 |
Other current liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 178,894 |
Subtotal unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,519,916 |
Total liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7,168,830 |
Equity unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,692,813 |
Total liabilities and equity unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,212,729 |
Total liabilities and equity |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 8,861,643 |
Assets and liabilities by geography as of December 31, 2022:
|  | North America |  |  | South America |  |  | EMEA |  |  | Balance as of December 31, 2022 |
Assets allocated |  |  |  |  |  |  |  |  |  |  |  |
Contracted concessional, PP&E and other intangible assets |  |  | 3,167,490 |  |  |  | 1,241,879 |  |  |  | 3,073,889 |  |  |  | 7,483,259 |
Investments carried under the equity method |  |  | 210,704 |  |  |  | 4,450 |  |  |  | 44,878 |  |  |  | 260,031 |
Other current financial assets |  |  | 118,385 |  |  |  | 31,136 |  |  |  | 46,373 |  |  |  | 195,893 |
Cash and cash equivalents (project companies) |  |  | 187,568 |  |  |  | 85,697 |  |  |  | 266,557 |  |  |  | 539,822 |
Subtotal allocated |  |  | 3,684,147 |  |  |  | 1,363,162 |  |  |  | 3,431,697 |  |  |  | 8,479,005 |
Unallocated assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other non-current assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 325,893 |
Other current assets (including cash and cash equivalents at holding company level) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 296,013 |
Subtotal unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 621,906 |
Total assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,100,911 |
|  | North America |  |  | South America |  |  | EMEA |  |  | Balance as of December 31, 2022 |
Liabilities allocated |  |  |  |  |  |  |  |  |  |  |  |
Long-term and short-term project debt |  |  | 1,713,125 |  |  |  | 841,906 |  |  |  | 1,998,021 |  |  |  | 4,553,052 |
Grants and other liabilities |  |  | 994,874 |  |  |  | 25,031 |  |  |  | 232,608 |  |  |  | 1,252,513 |
Subtotal allocated |  |  | 2,707,999 |  |  |  | 866,937 |  |  |  | 2,230,629 |  |  |  | 5,805,565 |
Unallocated liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term and short-term corporate debt |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,017,200 |
Other non-current liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 313,328 |
Other current liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 175,771 |
Subtotal unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,506,299 |
Total liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7,311,864 |
Equity unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,789,047 |
Total liabilities and equity unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,295,346 |
Total liabilities and equity |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,100,911 |
Assets and liabilities by business sector | Assets and liabilities by business sector as of September 30, 2023:
|  | Renewable energy |  |  | Efficient natural gas & heat |  |  | Transmission lines |  |  | Water |  |  | Balance as of September 30, 2023 |
|  | ($ in thousands) |
Assets allocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contracted concessional assets, PP&E and other intangible assets |  |  | 5,773,740 |  |  |  | 463,204 |  |  |  | 785,309 |  |  |  | 163,162 |  |  |  | 7,185,415 |
Investments carried under the equity method |  |  | 190,325 |  |  |  | 11,514 |  |  |  | 4,202 |  |  |  | 37,857 |  |  |  | 243,898 |
Other current financial assets |  |  | 2,752 |  |  |  | 96,793 |  |  |  | 30,710 |  |  |  | 43,277 |  |  |  | 173,532 |
Cash and cash equivalents (project companies) |  |  | 417,175 |  |  |  | 31,195 |  |  |  | 73,376 |  |  |  | 24,632 |  |  |  | 546,378 |
Subtotal allocated |  |  | 6,383,992 |  |  |  | 602,706 |  |  |  | 893,597 |  |  |  | 268,928 |  |  |  | 8,149,223 |
Unallocated assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other non-current assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 349,275 |
Other current assets (including cash and cash equivalents at holding company level) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 363,145 |
Subtotal unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 712,420 |
Total assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 8,861,643 |
|  | Renewable energy |  |  | Efficient natural gas & Heat |  |  | Transmission lines |  |  | Water |  |  | Balance as of September 30, 2023 |
Liabilities allocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term and short-term project debt |  |  | 3,345,074 |  |  |  | 411,799 |  |  |  | 577,773 |  |  |  | 77,418 |  |  |  | 4,412,064 |
Grants and other liabilities |  |  | 1,189,637 |  |  |  | 31,930 |  |  |  | 12,829 |  |  |  | 2,454 |  |  |  | 1,236,850 |
Subtotal allocated |  |  | 4,534,711 |  |  |  | 443,729 |  |  |  | 590,602 |  |  |  | 79,872 |  |  |  | 5,648,914 |
Unallocated liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term and short-term corporate debt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,046,608 |
Other non-current liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 294,414 |
Other current liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 178,894 |
Subtotal unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,519,916 |
Total liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7,168,830 |
Equity unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,692,813 |
Total liabilities and equity unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,212,729 |
Total liabilities and equity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 8,861,643 |
Assets and liabilities by business sector as of December 31, 2022:
|  | Renewable energy |  |  | Efficient natural gas & Heat |  |  | Transmission lines |  |  | Water |  |  | Balance as of December 31, 2022 |
Assets allocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contracted concessional, PP&E and other intangible assets |  |  | 6,035,091 |  |  |  | 485,431 |  |  |  | 800,067 |  |  |  | 162,670 |  |  |  | 7,483,259 |
Investments carried under the equity method |  |  | 203,420 |  |  |  | 10,034 |  |  |  | 4,450 |  |  |  | 42,128 |  |  |  | 260,031 |
Other current financial assets |  |  | 6,706 |  |  |  | 116,366 |  |  |  | 30,582 |  |  |  | 42,240 |  |  |  | 195,893 |
Cash and cash equivalents (project companies) |  |  | 392,577 |  |  |  | 73,673 |  |  |  | 48,073 |  |  |  | 25,498 |  |  |  | 539,822 |
Subtotal allocated |  |  | 6,637,794 |  |  |  | 685,504 |  |  |  | 883,172 |  |  |  | 272,536 |  |  |  | 8,479,005 |
Unallocated assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other non-current assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 325,893 |
Other current assets (including cash and cash equivalents at holding company level) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 296,013 |
Subtotal unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 621,906 |
Total assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,100,911 |
|  | Renewable energy |  |  | Efficient natural gas & Heat |  |  | Transmission lines |  |  | Water |  |  | Balance as of December 31, 2022 |
Liabilities allocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term and short-term project debt |  |  | 3,442,625 |  |  |  | 440,999 |  |  |  | 582,689 |  |  |  | 86,739 |  |  |  | 4,553,052 |
Grants and other liabilities |  |  | 1,211,878 |  |  |  | 32,138 |  |  |  | 6,040 |  |  |  | 2,457 |  |  |  | 1,252,513 |
Subtotal allocated |  |  | 4,654,503 |  |  |  | 473,137 |  |  |  | 588,729 |  |  |  | 89,196 |  |  |  | 5,805,565 |
Unallocated liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term and short-term corporate debt |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,017,200 |
Other non-current liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 313,328 |
Other current liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 175,771 |
Subtotal unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,506,299 |
Total liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7,311,864 |
Equity unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,789,047 |
Total liabilities and equity unallocated |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3,295,346 |
Total liabilities and equity |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 9,100,911 |
Depreciation, amortization and impairment charges recognized |
c) | The amount of depreciation, amortization and impairment charges recognized for the nine-month periods ended September 30, 2023 and 2022 are as follows:
|  | For the nine-month period ended September 30, |
Depreciation, amortization and impairment by geography |  | 2023 |  |  | 2022 |
|  | ($ in thousands) |
North America |  |  | (103,001 | ) |  |  | (167,497 | )
South America |  |  | (46,278 | ) |  |  | (46,467 | )
EMEA |  |  | (161,223 | ) |  |  | (160,095 | )
Total |  |  | (310,502 | ) |  |  | (374,059 | )
|  | For the nine-month period ended September 30, |
Depreciation, amortization and impairment by business sectors |  | 2023 |  |  | 2022 |
|  | ($ in thousands) |
Renewable energy |  |  | (286,611 | ) |  |  | (322,183 | )
Efficient natural gas & heat |  |  | (2,196 | ) |  |  | (23,884 | )
Transmission lines |  |  | (22,033 | ) |  |  | (26,321 | )
Water |  |  | 338 |  |  |  | (1,671 | )
Total |  |  | (310,502 | ) |  |  | (374,059 | )

X
- Definition The disclosure of depreciation, amortization and impairment charges recognised by geography and business sector. + References No definition available. + Details
Name: | aby_DisclosureOfDepreciationAmortizationAndImpairmentChargesRecognizedExplanatoryTableTextBlock
Namespace Prefix: | aby_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of geographical information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2023-01-01 -Paragraph 33 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2023-en-r&anchor=para_33&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfGeographicalAreasExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | ifrs-full_DisclosureOfOperatingSegmentsAbstract
Namespace Prefix: | ifrs-full_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of operating segments. [Refer: Operating segments [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2023-01-01 -Paragraph 23 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2023-en-r&anchor=para_23&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfOperatingSegmentsExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of the entity's products and services. [Refer: Products and services [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 8 -IssueDate 2023-01-01 -Paragraph 32 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=8&code=ifrs-tx-2023-en-r&anchor=para_32&doctype=Standard -URIDate 2023-03-23 + Details
Name: | ifrs-full_DisclosureOfProductsAndServicesExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration