✅   Atlantica Sustainable: Some Ideas Of Where To Potentially Reinvest Capital After The Acquisition

Finance

It looks like Atlantica Sustainable Infrastructure's (NASDAQ:AY) acquisition will be completed in a few months, leaving investors to consider where to redeploy the cash. We are sure some investors would have preferred keeping their shares given the high dividend yield, especially now that interest rates in many countries are being lowered, with the U.S. expected to start reducing them in September. It is likely that this interest rate development would have increased Atlantica's share price, but now it is more or less anchored to the offered price of $22 per share. With that in mind, let’s look at some potential replacement options to redeploy the cash that will be paid to shareholders once the acquisition is completed.

seekingalpha.com     Sep 07, 2024