Saeta Yield increases revenues by 22% up to 157 million euros, and EBITDA by 24% up to 110 million euros

Saeta Yield reinforced its consistent and growing dividend policy in the first half of the year after recording a 37% increase in the Cash flow of its operational assets, according to results approved by the Board of Directors chaired by José Luis Martínez Dalmau. This increase in Cash flow, the key variable for defining the Company’s dividend payment, was due to a significant increase in income and EBITDA, 22% and 24% respectively. The Company intensified its profitable growth strategy and the diversification of geographic risk through the purchase of two wind farms in Uruguay, finalised last May, and the announcement of the acquisition agreement of Lestenergia in Portugal.

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Saeta Yield increases its revenue by 42% up to 70.2 million euros, and its EBITDA by 40% up to 43.1 million euros

In the first quarter of 2017 Saeta Yield increased its cash flow from operating assets by 10.4% up to 41.8 million euros, which reinforces its dividend policy. The positive increase in revenues and EBITDA – with growth of 42% and 40% respectively – explains this increase in cash flow. The company will continue with the operational asset purchase strategy, which generates value for its shareholders and increases dividends, after announcing its first international acquisition in Uruguay during the first quarter.

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