Green Bond Fact Sheet

Atlantica Yield

Date: 02/05/2020

Issue date: 03-04-2020 Maturity date: 03-04-2026 Tenor: 6Issuer Name

Atlantica Yield

Amount Issued

EUR290m/USD320m

Country of riskUK

CBI Database

Included

Issuer Type1

Non-FinancialCorporate

Bond TypePrivate Placement

Green Bond Framework

Link to framework

Second party opinion

Sustainalytics

Certification Standard

Not certified

Assurance report

N/A

Certification Verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☒ Onshore wind
☒ Offshore wind
☐ Geothermal☒ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
ReportingCompany information

Atlantica will publish a Green Finance Report on its website annually until all the proceedsfrom the green finance instrument have been allocated, and/or in case of any material
development or changes. This will include allocation details by asset/project as well as
impacts such as MW capacity and GHG emissions avoided.
Atlantica Yield plc is a UK-headquartered sustainable infrastructure company which owns,manages and acquires a diversified portfolio of contracted assets in the power andenvironment sectors. Atlantica has close to 1.5 GW of solar and wind assets in operation.
The portfolio also includes 1,152 miles of transmission lines, 10.5 Mft3/ day of watercapacity and 343 MW of efficient natural gas assets.
By geography, Atlantica is present in North America, South America, and certain markets inEurope, the Middle East and Africa. All the assets in the portfolio have contracted revenues(regulated revenues in the case of its Spanish assets and one transmission line in Chile) andare underpinned by long-term contracts, with a weighted average remaining contract life of
approximately 18 years. In 2019, Atlantica changed its brand and logo to Atlantica
Sustainable Infrastructure to better reflect the nature of its business.

Firsts, records andcertificationsFirst private placement and EUR-denominated deal from a UK issuer in 2020.

Proceeds description

The proceeds are intended to finance or refinance, in whole or in part, the construction,development, or acquisition of new or on-going solar, wind and small-scale hydro projectsas well as transmission lines dedicated to carrying renewable energy to the grid. The smallscale hydro power projects are defined as less than 25MW and at least 80% of thetransmission lines are dedicated to transmitting renewable energy.

Climate Bonds view

Private placements often carry less public disclosure of information (including postissuance reporting) than other types of bond, so it is positive to see the issuer looking toreport publicly on allocations and impacts.

Underwriters
Deal comments
Credit Rating
Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign