Saeta Yield increased dividend payment by 69% in 2016, reaching 59 million euros (0.727 euros per share)

The Saeta Yield Board of Directors, chaired by José Luis Martínez Dalmau, approved the 2016 accounts today as well as the next quarterly dividend payment on 7 March, for the total of 0.188 euros per share, which in implicit annual terms amounts to 0.753 euros per share, vs. 0.727 euros paid in 2016. Consequently, the company boosts its sustainable and growing dividends policy and leads the Spanish stock exchange in terms of dividend profitability, above 9% annually. In 2016, Saeta Yield increased its dividend payment by 69%, with a total disbursement of 59 million euros. Takings grew by 27% up to 280 million euros, EBITDA grew by 28% up to 199 million euros, and the net profit by 87%, up to 30 million euros.

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Saeta Yield to acquire Carapé I and II Wind Power Facilities in Uruguay

Saeta Yield has reached an agreement with Corporación America and Grupo San José to acquire 100% of Carapé I and II, two operating wind farms for a total cash consideration of c. USD 65 million. This agreement is subject to condition precedents being met. The acquisition will be funded with available liquidity and is expected to close in the first semester of 2017.

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