On February 13, 2019, the board of directors of Atlantica Yield plc (“Atlantica” or the “Company”) formed a strategic review committee (the “Committee”) with the purpose of evaluating a wide range of strategic alternatives available to the Company to optimize the value of the Company and to improve returns to shareholders. May 7, 2020 – Atlantica Yield plc (NASDAQ: AY) (“Atlantica” or the “Company”), the sustainable infrastructure company that owns a diversified portfolio of contracted assets in the energy and environment sectors, reported today its financial results for the first quarter of 2020.Health and safety remains Atlantica’s top priority.

Atlantica has adapted its safety measures and protocols and implemented a long list of new safety measures in all of its assets and offices.

Forward-looking statements speak only as of the date of this presentation and are not guarantees of future performance and are based on numerous assumptions. The non-GAAP financial measures may not be comparable to other similarly titled measures of other companies and have limitations as analytical tools and should not be considered in isolation or as a substitute for analysis of our operating results as reported under IFRS as issued by the IASB. Atlantica Sustainable Infrastructure To Exercise Option To Acquire Tax Equity Investor's Equity Interest In SolanaAtlantica Sustainable Infrastructure Announces Proposed Offering Of $100 Mln Green Exchangeable Senior NotesAtlantica Reports First Quarter 2020 Financial ResultsAtlantica Sustainable Infrastructure PLC, formerly Atlantica Yield plc, is an infrastructure company. These forward-looking statements include, but are not limited to, all statements other than statements of historical facts contained in this presentation, including, without limitation, those regarding our future financial position and results of operations, our strategy, plans, objectives, goals and targets, future developments in the markets in which we operate or are seeking to operate or anticipated regulatory changes in the markets in which we operate or intend to operate. The Company owns and manages renewable energy, natural gas, transmission and transportation infrastructures and water assets. About Atlantica Yield Atlantica Yield is a total return company that owns a diversified portfolio of contracted renewable energy, power generation and electric transmission assets in North America, South America and certain markets in EMEA (Spain, Algeria and South Africa).

The board of directors of Abengoa Yield appreciates the excellent work of Santiago Seage as CEO during the launch and initial stage and of the company. This calculation may differ from similarly titled measures used by others and, accordingly, the constant currency presentation is not meant to substitute for recorded amounts presented in conformity with IFRS as issued by the IASB nor should such amounts be considered in isolation.Atlantica Yield plc is a sustainable infrastructure company that owns a diversified portfolio of contracted renewable energy, efficient natural gas, electric transmission and water assets in North & South America, and certain markets in EMEA ( Non-GAAP financial measures are not measurements of our performance or liquidity under IFRS as issued by IASB and should not be considered alternatives to operating profit or profit for the period or any other performance measures derived in accordance with IFRS as issued by the IASB or any other generally accepted accounting principles or as alternatives to cash flow from operating, investing or financing activities. * ATLANTICA YIELD REPORTS FIRST QUARTER 2018 FINANCIAL RESULTS* SAYS REACHED AGREEMENT WITH ALGONQUIN POWER & UTILITIES CORP. FOR SALE OF REMAINING 16.47 PERCENT OF SHARE CAPITAL OF ATLANTICA YIELD* SAYS THE SALE OF 25% STAKE IN ATLANTICA YIELD WAS COMPLETED FOR $607.6 MILLION, WITH CAPITAL GAIN OF ABOUT 108.0 MILLION EUROS Source text for Eikon: Further company coverage: 7 (Gdynia Newsroom)* ATLANTICA YIELD PLC - INITIATING GUIDANCE FOR 2018 WITH AN EXPECTED FURTHER ADJUSTED EBITDA IN RANGE OF $770 MILLION TO $820 MILLION* SAYS ALL CONDITIONS FOR SALE OF 25 PERCENT OF ATLANTICA YIELD HAVE BEEN SATISFIED OR WAIVED* GETS REQUIRED CONSENTS FROM ITS CREDITORS TO CLOSE THE SALE OF 25 PCT STAKE IN ATLANTICA YIELD Source text for Eikon:Quote and financial data from Refinitiv.

Some of the limitations of these non-GAAP measures are:• they do not reflect our cash expenditures or future requirements for capital expenditures or contractual commitments;• they do not reflect changes in, or cash requirements for, our working capital needs;• they may not reflect the significant interest expense, or the cash requirements necessary, to service interest or principal payments, on our debts;• although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often need to be replaced in the future and Adjusted EBITDA and CAFD do not reflect any cash requirements that would be required for such replacements;• some of the exceptional items that we eliminate in calculating Adjusted EBITDA reflect cash payments that were made, or will be made in the future; and• the fact that other companies in our industry may calculate Adjusted EBITDA and CAFD differently than we do, which limits their usefulness as comparative measures.We define Adjusted EBITDA including unconsolidated affiliates as profit/(loss) for the period attributable to the Company, after adding back loss/(profit) attributable to non-controlling interest from continued operations, income tax, share of profit/(loss) of associates carried under the equity method, finance expense net, depreciation, amortization and impairment charges.

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