Atlantica Sustainable Infrastructure plc(AY) - 2019 Q3 - Earnings Call Presentation

Financial Performance - Q3 2019 CAFD was $45.7 million, a 7% increase year-over-year[4] - 9M 2019 Further Adjusted EBITDA including unconsolidated affiliates was $658 million, comparable to last year on a constant currency basis and adjusted for a one-time non-cash gain[4] - Revenue for the first 9 months of 2019 was $798.2 million, a 5% decrease compared to $836.9 million in 2018, but only a 1% decrease excluding FX impact and a one-time non-cash gain[7] - CAFD for the first 9 months of 2019 was $140.2 million, a 6% increase compared to $132.5 million in 2018[7] Regional Performance (9M 2019 vs 9M 2018) - North America revenue was $273.9 million, a 7% decrease from $294.6 million, with Further Adjusted EBITDA including unconsolidated affiliates of $255.4 million, a 6% decrease from $272.2 million[9] - South America revenue was $105.8 million, a 15% increase from $91.8 million, with Further Adjusted EBITDA including unconsolidated affiliates of $87.8 million, a 15% increase from $76.2 million[9] - EMEA revenue was $418.5 million, a 7% decrease from $450.5 million, with Further Adjusted EBITDA including unconsolidated affiliates of $315.0 million, a 14% decrease from $366.1 million[9] Sector Performance (9M 2019 vs 9M 2018) - Renewables revenue was $609.8 million, a 6% decrease from $652.1 million, with Further Adjusted EBITDA including unconsolidated affiliates of $493.6 million, a 13% decrease from $565.9 million[10] - Efficient Natural Gas revenue was $92.9 million, a 3% decrease from $95.4 million, with Further Adjusted EBITDA including unconsolidated affiliates of $82.3 million, a 15% increase from $71.7 million[10] - Transmission revenue was $77.0 million, a 7% increase from $71.9 million, with Further Adjusted EBITDA including unconsolidated affiliates of $65.1 million, an 8% increase from $60.5 million[10] - Water revenue was $18.4 million, a 5% increase from $17.5 million, with Further Adjusted EBITDA including unconsolidated affiliates of $17.1 million, a 5% increase from $16.4 million[10] Strategic Updates - Q3 2019 dividend was $0.41 per share, a 14% increase compared to Q3 2018[4] - SPA signed for ATN Expansion 2, a $20 million investment expected to be paid in mid-November 2019[4, 24] - Project net debt reduction of over $200 million[20]