Abengoa Yield plc is formed to serve as the primary vehicle through which Abengoa, S.A. (Abengoa) will own, manage and acquire renewable energy, conventional power and electric transmission lines and other contracted revenue-generating assets, initially focused on North America (the United States and Mexico) and South America (Peru, Chile, Uruguay and Brazil), as well as Europe (Spain). Abengoa portfolio consists of five renewable energy assets, a cogeneration facility and several electric transmission lines, all of which are fully operational, with the exception of Palmatir and Mojave. In addition, it owns an exchangeable preferred equity investment in Abengoa Concessoes Brasil Holding (ACBH), which is a subsidiary holding company of Abengoa that is engaged in the development, construction, investment and management of contracted concessions in Brazil, consisting mostly of transmission lines.