Atlantica Sustainable Infrastructure plc (NasdaqGS:AY) announced that its Board of Directors has commenced a process to explore and evaluate potential strategic alternatives that may be available to Atlantica to maximize shareholder value. The Company believes it has attractive growth and other opportunities in front of it and is committed to ensuring that its diversified portfolio of assets and growth platform is best positioned to take advantage of those opportunities. The decision of Atlantica?s Board of Directors to explore strategic alternatives has the support of the Company?s largest shareholder, Algonquin Power & Utilities Corp.

Atlantica expects to continue executing on its existing plans while the review of strategic alternatives is ongoing, including its current growth plan and its focus on continuing to invest in accretive growth opportunities. There can be no assurance that the strategic review process will lead to the approval or completion of any transaction or other strategic change. Atlantica does not currently intend to provide any updates with respect to this process unless and until its board of directors approves a specific transaction or other strategic change or otherwise concludes the review of strategic alternatives.

Citi is acting as the Company?s financial advisor.