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Nature of the business (Tables)
12 Months Ended
Dec. 31, 2020
Nature of the business [Abstract]  
Overview of main assets
The following table provides an overview of the main concessional assets the Company owned or had an interest in as of December 31, 2020:

Assets
Type
Ownership
Location
Currency(9)
Capacity
(Gross)
Counterparty
Credit Ratings(10)
COD*
Contract
Years
Left(14)
         
Solana
Renewable
(Solar)
100%
Arizona
(USA)
USD
280 MW
A-/A2/A-
2013
23
         
Mojave
Renewable
(Solar)
100%
California
(USA)
USD
280 MW
BB-/WR/BB
2014
19
         
Chile PV I
Renewable
(Solar)
35%(8)
Chile
USD
55 MW
N/A
2016
N/A
         
Solaben 2 & 3
Renewable
(Solar)
70%(1)
Spain
Euro
2x50 MW
A/Baa1/A-
2012
17/16
         
Solacor 1 & 2
Renewable
(Solar)
87%(2)
Spain
Euro
2x50 MW
A/Baa1/A-
2012
16/16
         
PS10 & PS20
Renewable
(Solar)
100%
Spain
Euro
31 MW
A/Baa1/A-
2007&
2009
11/13

Helioenergy 1 & 2
Renewable
(Solar)
100%
Spain
Euro
2x50 MW
A/Baa1/A-
2011
16/16
         
Helios 1 & 2
Renewable
(Solar)
100%
Spain
Euro
2x50 MW
A/Baa1/A-
2012
16/17
         
Solnova 1, 3 & 4
Renewable
(Solar)
100%
Spain
Euro
3x50 MW
A/Baa1/A-
2010
14/14/15
         
Solaben 1 & 6
Renewable
(Solar)
100%
Spain
Euro
2x50 MW
A/Baa1/A-
2013
18/18
         
Seville PV
Renewable
(Solar)
80%(6)
Spain
Euro
1 MW
A/Baa1/A-
2006
15
         
Kaxu
Renewable
(Solar)
51%(3)
South
Africa
Rand
100 MW
BB-/Ba2/
BB-(11)
2015
14
         
Palmatir
Renewable
(Wind)
100%
Uruguay
USD
50 MW
BBB/Baa2/BBB-(12)
2014
13
         
Cadonal
Renewable
(Wind)
100%
Uruguay
USD
50 MW
BBB/Baa2/BBB-(12)
2014
14
         
Melowind
Renewable
(Wind)
100%
Uruguay
USD
50 MW
BBB/Baa2/BBB-
2015
15
         
Mini-Hydro
Renewable
(Hydraulic)
100%
Peru
USD
4 MW
BBB+/A3/BBB+
2012
12
         
ACT
Efficient
natural gas
100%
Mexico
USD
300 MW
BBB/ Ba2/
BB-
2013
12
         
Monterrey
Efficient
natural gas
30%
Mexico
USD
142 MW
Not rated
2018
18
         
ATN (13)
Transmission
line
100%
Peru
USD
379 miles
BBB+/A3/BBB+
2011
20
         
ATS
Transmission
line
100%
Peru
USD
569 miles
BBB+/A3/BBB+
2014
23
         
ATN 2
Transmission
line
100%
Peru
USD
81 miles
Not rated
2015
12
         
Quadra 1 & 2
Transmission
line
100%
Chile
USD
49 miles/
32 miles
Not rated
2014
14/14
         
Palmucho
Transmission
line
100%
Chile
USD
6 miles
BBB+/Baa1/
A-
2007
17
         
Chile TL3
Transmission
line
100%
Chile
USD
50 miles
A+/A1/A-
1993
Regulated
         
Skikda
Water
34.2%(4)
Algeria
USD
3.5 M
ft3/day
Not rated
2009
13
         
Honaine
Water
25.5%(5)
Algeria
USD
7 M ft3/
day
Not rated
2012
17
         
Tenes
Water
51%(7)
Algeria
USD
7 M ft3/
day
Not rated
2015
19

(1)          Itochu Corporation, a Japanese trading company, holds 30% of the shares in each of Solaben 2 and Solaben 3.

(2)          JGC, a Japanese engineering company, holds 13% of the shares in each of Solacor 1 and Solacor 2.

(3)          Kaxu is owned by the Company (51%), Industrial Development Corporation of South Africa (29%) and Kaxu Community Trust (20%).

(4)          Algerian Energy Company, SPA owns 49% of Skikda and Sacyr Agua, S.L. owns the remaining 16.83%.

(5)          Algerian Energy Company, SPA owns 49% of Honaine and Sacyr Agua, S.L. owns the remaining 25.5%.

(6)          Instituto para la Diversificación y Ahorro de la Energía (“Idae”), a Spanish state-owned company, holds 20% of the shares in Seville PV.

(7)          Algerian Energy Company, SPA owns 49% of Tenes.

(8)          65% of the shares in Chile PV I is indirectly held by financial partners through the renewable energy platform of the Company in Chile.

(9)          Certain contracts denominated in U.S. dollars are payable in local currency.

(10)        Reflects the counterparty’s credit ratings issued by Standard & Poor’s Ratings Services, or S&P, Moody’s Investors Service Inc., or Moody’s, and Fitch Ratings Ltd, or Fitch.

(11)        Refers to the credit rating of the Republic of South Africa. The offtaker is Eskom, which is a state-owned utility company in South Africa.

(12)        Refers to the credit rating of Uruguay, as UTE (Administración Nacional de Usinas y Transmisoras Eléctricas) is unrated.

(13)        Including the acquisition of ATN Expansion 1 & 2.

(14)        As of December 31, 2020.

(*)          Commercial Operation Date.