- Business
- Atlantica Sustainable Infrastructure plc is a sustainable infrastructure company primarily engaged in the development, ownership, and operation of renewable energy and storage assets. Its core products and services include the generation of clean power through solar, wind, and thermal energy facilities; development and operation of energy storage projects; and origination through to construction of sustainable infrastructure assets. Atlantica’s portfolio spans multiple geographies including the United States, Canada, and other international markets, with a focus on solar and wind power projects as well as energy storage capacity reaching approximately 2 GW of solar and wind projects and 8.5 GWh of storage in the U.S.
Founded in 1938 and headquartered in Hobe Sound, Florida, Atlantica has recently made significant strategic expansions. In December 2024, it completed the acquisition of a U.S. development platform with about 1.1 GW of solar and wind projects under development in the MISO (Midcontinent Independent System Operator) and SPP (Southwest Power Pool) regions, including projects in Illinois, Colorado, Mississippi, and Texas. This acquisition complements its existing portfolio and reinforces its presence in the MISO region. Additionally, in 2025, Atlantica acquired a Canadian renewable energy platform comprising 236 MW of operating assets and approximately 810 MW of renewable and storage projects, marking its expansion into the Canadian market.
ATLANTICA Sustainable Infrastructure plc also reported solid financial performance in 2024, with revenue increasing to approximately $918.7 million for the first nine months, reflecting a 7.0% year-over-year growth. The company’s adjusted EBITDA for the same period was $657.5 million, showing a 4.8% improvement from the previous year. Operationally, Atlantica remains focused on growth through strategic acquisitions and development of renewable energy and storage projects, supported by partnerships including a pending acquisition by Energy Capital Partners aimed at enhancing its investment and operational capabilities.
Overall, Atlantica operates in the renewable energy sector targeting utility-scale clean energy projects with diversified geographic exposure primarily in the U.S. and Canada. Its business model encompasses asset development, ownership, and operation within the renewable infrastructure industry, serving both power markets and institutional investors focused on sustainability.
This description reflects updates through late 2025 including recent acquisitions, financial results, and strategic partnerships supporting Atlantica’s growth as a leading sustainable infrastructure company.