Aankondiging • Dec 13

ECP V, LP, managed by Energy Capital Partners, LLC completed the acquisition of Atlantica Sustainable Infrastructure plc (NasdaqGS:AY) from Algonquin Power & Utilities Corp. (TSX:AQN), Liberty (AY Holdings) B.V. and others in a going private transaction.

ECP V, LP, managed by Energy Capital Partners, LLC entered into a scheme of arrangement to acquire Atlantica Sustainable Infrastructure plc (NasdaqGS:AY) from Algonquin Power & Utilities Corp. (TSX:AQN), Liberty (AY Holdings) B.V. and others in a going private transaction for $2.6 billion on May 27, 2024. As per the terms of the transaction, the offer price per share is $22 for 116,159,054 Company Shares. Atlantica Sustainable will be required to pay to offeror, in cash, an amount equal to $26 million, offeror will be required to pay to the Company, in cash, an amount equal to $116 million, if the Transaction Agreement is terminated. Energy Capital Partners has secured committed financing in connection with the Transaction, consisting of a combination of: equity financing in the amount of $1,753.6 million to be provided by certain funds managed by ECP, who have agreed to capitalise Energy Capital Partners subject to the terms and conditions set forth in the Equity Commitment Letter (the “Equity Financing”); and debt financing to be provided by Banco Santander S.A., Barclays Bank plc, Goldman Sachs Bank USA, ING Capital LLC, Morgan Stanley Senior Funding, Inc, and MUFG Bank, Ltd., subject to the terms and conditions set forth in the Debt Commitment Letter. The Debt Commitment Letter provides for 364-day senior secured bridge loan facilities consisting of (a) a senior secured first lien term loan facility denominated in USD in an aggregate principal amount equal to $1,500 million (the “USD Initial Term Facility”); (b) a senior secured first lien delayed draw term loan facility denominated in USD in an aggregate principal amount to be determined by Bidco in its sole discretion, which shall reduce the USD Initial Term Facility on a dollar-for-dollar basis (the “USD DDTL Facility”); (c) a senior secured first lien term loan facility denominated in EUR in an aggregate principal amount equal to €500 million ($544.95 million) (the “EUR Initial Term Facility”); (d) a senior secured first lien delayed draw term loan facility denominated in EUR in an aggregate principal amount to be determined by Bidco in its sole discretion, which shall reduce the EUR Initial Term Facility on a euro-for-euro basis (the “EUR DDTL Facility”); and (e) a $450 million multi-currency senior secured (collectively, the “Debt Financing”). The Transaction is to be completed pursuant to a scheme of arrangement under the Companies Act 2006 of the United Kingdom. The transaction is subject to, among other conditions, approval by Atlantica’s shareholders of the Scheme, sanction of the transaction by the High Court of Justice of England and Wales, and regulatory approvals in different jurisdictions, including clearance under the Hart-Scott-Rodino Act, by the Committee on Foreign Investment in the United States and by the Federal Energy Regulatory Commission in the United States. Atlantica Sustainable Infrastructure board has unanimously recommended the transaction. The transaction is expected to close in the fourth quarter of 2024 or early first quarter of 2025. Upon the completion of the transaction, Atlantica will become a privately held company and its shares will no longer be listed on any public market. The Atlantica shareholder meeting for the Transaction will be held in London, UK, on August 8, 2024. On July 31, 2024, the Board of Directors of Atlantica approved a dividend of $0.445 per share. This dividend is expected to be paid on September 16, 2024, to shareholders of record as of August 30, 2024. As of August 8, 2024, Atlantica Sustainable announced that it has completed the requisite meetings of its shareholders to approve its acquisition by Energy Capital Partners and a group of co investors. Based upon the preliminary results of these meetings, the Transaction received all requisite approvals of the Company’s shareholders. Atlantica will publish the final voting results of the meetings in the coming days. The Transaction is still subject to, among other conditions. As of October 25, 2024, All regulatory approvals required in connection with Transaction including clearance by the Committee on Foreign Investment in the United States and by the Federal Energy Regulatory Commission in the United States were received. As of November 4, 2024, the transaction is expected to complete on December 12, 2024. As of December 10, 2024, Closing of the Transaction will become effective upon the Court Order being delivered to the Registrar of Companies in England and Wales, which is expected to occur on December 12, 2024. As of December 10, 2024, the High Court of Justice of England and Wales (the “Court”) has sanctioned the scheme of arrangement providing for the proposed acquisition of the Company by California Buyer Limited (“Bidco”), a vehicle controlled by funds managed by Energy Capital Partners (“ECP”) and which includes a large group of institutional co-investors (the “Transaction”), at a hearing held earlier today. Subject to closing of the Transaction, the last day of trading in the Company’s ordinary shares (the “Company Shares”) on Nasdaq is expected to be December 11, 2024, with trading in the Company Shares on Nasdaq being permanently suspended by 8.00 a.m. (Eastern Time) on December 13, 2024. Citi provided the fairness opinion and acted as financial advisor and Lorenzo Corte, Sarah Knapp, Alejandro Ascencio, Ani Kusheva of Skadden, Arps, Slate, Meagher & Flom (UK) LLP acted as legal advisor to Atlantica. David Kurzweil, Simon Tysoe, Douglas Abernethy, Jeffrey Greenberg and Patrick Shannon of Latham & Watkins LLP acted as legal advisors to Energy Capital Partners. J.P. Morgan Securities LLC acted as financial advisor and Michael J. Aiello, David Avery-Gee, Matthew J. Gilroy, Naomi Munz, Devon Bodoh and Ariel Fliman of Weil of Gotshal & Manges LLP acted as legal advisors to Algonquin Power & Utilities Corp. and Liberty (AY Holdings) B.V. Morgan Stanley & Co. LLC and Barclays Capital Inc. acted as financial advisor to Energy Capital Partners, LLC. Atlantica has retained Georgeson LLC, a proxy solicitation firm, to assist the Atlantica Directors in the solicitation of proxies for the Court Meeting and the General Meeting. Atlantica expects to pay Georgeson LLC approximately $30,000 plus reimbursement of out-of-pocket expenses. Cede & Company is Depository for Atlantica and Computershare Trust Company, National Association acted as its Transfer Agent. ECP V, LP, managed by Energy Capital Partners, LLC completed the acquisition of Atlantica Sustainable Infrastructure plc (NasdaqGS:AY) from Algonquin Power & Utilities Corp. (TSX:AQN), Liberty (AY Holdings) B.V. and others in a going private transaction on December 12, 2024. As of December 12, 2024, the court order relating to the sanction of the Scheme was delivered to the Registrar of Companies in England and Wales. Accordingly, effective as of December 12, 2024 (the “Closing Date”), the Scheme has become effective in accordance with its terms and the Transaction has closed.

Percentage CEO-salaris	n/a
Dienstverband CEO	1.2yrs
Eigendom CEO	0.01%
Management gemiddelde ambtstermijn	less than a year
Gemiddelde ambtstermijn bestuur	2.3yrs

Naam	Positie	Tenure	Compensatie	Eigendom
Jennifer Tindale	Chief Legal Officer	9.3yrs	US$1.36m	0.016% € 641.9k
Roderick West	CEO & Director	1.2yrs	geen gegevens	0.012% € 462.4k
Robert Stefani	Chief Financial Officer	less than a year	geen gegevens	geen gegevens
Peter Norgeot	Chief Operating Officer	less than a year	geen gegevens	0.014% € 560.0k
Brian Chin	Vice President of Investor Relations	no data	geen gegevens	geen gegevens
Stephanie Bose	Senior Director of Corporate Communications	no data	geen gegevens	geen gegevens
Kristin von Fischer	Chief Human Resources Officer	less than a year	geen gegevens	geen gegevens
Noel Black	Chief Regulatory & External Affairs Officer	less than a year	geen gegevens	0.00017% € 6.7k
Amy Walt	Chief Customer Officer	less than a year	geen gegevens	geen gegevens
Alison Holditch	Investor Relations Officer	no data	geen gegevens	geen gegevens

Naam	Positie	Tenure	Compensatie	Eigendom
Roderick West	CEO & Director	1.2yrs	geen gegevens	0.012% € 462.4k
D. Laney	Independent Chair of the Board	9.3yrs	US$270.59k	0.0041% € 159.5k
Daniel Goldberg	Independent Director	4.2yrs	US$245.34k	0.0053% € 206.1k
Dilek Samil	Independent Director	11.6yrs	US$255.10k	geen gegevens
Christopher G. Huskilson	Director	6.3yrs	US$4.55m	geen gegevens
Brett C. Carter	Independent Director	2.1yrs	US$171.74k	0.00027% € 10.6k
Gavin Molinelli	Independent Director	1yr	geen gegevens	geen gegevens
Amee Chande	Independent Director	3.9yrs	US$245.26k	0.0033% € 130.9k
Christopher Lopez	Independent Director	1.9yrs	US$168.34k	0.00037% € 14.5k
David Levenson	Independent Director	2.3yrs	US$212.45k	0.0081% € 315.8k
DeAnn Walker	Independent Director	less than a year	geen gegevens	geen gegevens

Gegevens	Laatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse	2026/05/22 16:03
Aandelenkoers aan het einde van de dag	2026/05/21 00:00
Inkomsten	2026/03/31
Jaarlijkse inkomsten	2025/12/31

Pakket	Gegevens	Tijdframe	Voorbeeld Amerikaanse bron ^*
Financiële gegevens bedrijf	10 jaar	Resultatenrekening Kasstroomoverzicht Balans	SEC-formulier 10-K SEC-formulier 10-Q
Consensus schattingen analisten	+3 jaar	Financiële prognoses Koersdoelen analisten	Onderzoeksrapporten van analisten Blue Matrix
Marktprijzen	30 jaar	Aandelenprijzen Dividenden, splitsingen en acties	ICE Marktgegevens SEC-formulier S-1
Eigendom	10 jaar	Top aandeelhouders Handel met voorkennis	SEC-formulier 4 SEC-formulier 13D
Beheer	10 jaar	Leiderschapsteam Raad van bestuur	SEC-formulier 10-K SEC-formulier DEF 14A
Belangrijkste ontwikkelingen	10 jaar	Bedrijfsaankondigingen	SEC-formulier 8-K

Analist	Instelling
Harshit Gupta	Accountability Research Corporation
MacMurray Whale	ATB Cormark Historical (Cormark Securities)
Michael Lonegan	Barclays

Algonquin Power & Utilities Beheer

Beheer criteriumcontroles 0/4

Belangrijke informatie

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ECP V, LP, managed by Energy Capital Partners, LLC entered into a scheme of arrangement to acquire Atlantica Sustainable Infrastructure plc (NasdaqGS:AY) from Algonquin Power & Utilities Corp. (TSX:AQN), Liberty (AY Holdings) B.V. and others for $2.6 billion.

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