Other operating income and expenses |
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| Other operating income and expenses |
Note 20. - Other operating income and expenses
The table below shows the detail of Other operating income and expenses for the
nine-month periods ended September 30, 2023, and 2022:
Insurance
proceeds and other for the nine-month period ended September 30, 2023 includes a gain of $4.6 million related to the sale of part of
Atlantica’s equity interest in the Colombian portfolio of renewable energy entities (Note 7).
The decrease in other operating expenses for the nine-month period ended September 30, 2023 is primarily due to:
- the internalization of the O&M services in the solar assets in Spain during 2022 and 2023. These services are now provided by employees of Atlantica,
whose cost is classified within the line “Employee benefit expense” of the profit and loss statement; and
- to the lower
cost of supplies due to lower price of electricity in the solar assets in Spain in 2023.
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