Atlantica Sustainable Infrastructure plc (NasdaqGS:AY) acquired an additional 42.5% stake in Rioglass Solar Holding, S.A., for $8.6 million on January 8, 2021. The purchase price paid was $8.6 million, and the company paid an additional $3.7 million (deductible from the final payment) for an option to acquire the remaining 42.5% under the same conditions until September 2021. As a result of this transaction, stake of Atlantica Sustainable Infrastructure plc, in Rioglass Solar Holding, S.A., will increase to 57.5%.

Atlantica Sustainable Infrastructure plc (NasdaqGS:AY) completed the acquisition of an additional 42.5% stake in Rioglass Solar Holding, S.A., on January 8, 2021.