Atlantica Sustainable Infrastructure: A Bargain At A 10%+ CAFD Yield

zhongguo It has been almost a year since the last time we covered Atlantica Sustainable Infrastructure (NASDAQ:AY), which we already thought was attractively priced, although we warned that we did not expect the company to deliver much growth in cash available for distribution (CAFD) or dividend increases. Surprisingly, their "Strategic Review" is still ongoing, but we now have full year 2023 results and FY2024 guidance to update our take on the company. While interest rates have increased more than we  ...