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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

(Amendment No. ___)*

Abengoa Yield plc

(Name of Issuer)

Ordinary Shares, nominal value €0.10 per share

(Title of Class of Securities)

G00349103

(CUSIP Number)

December 31, 2015

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed:

[X] Rule 13d-1(b)

[ ] Rule 13d-1(c)

[ ] Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

CUSIP NO. G00349103
(1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only):
Appaloosa Management L.P.
(2) Check the Appropriate Box if a Member of a Group (See Instructions)			(a) [ ]
			(b) [ ]

(3) SEC Use Only
(4) Citizenship or Place of Organization: Delaware
Number of Shares Beneficially Owned By Each Reporting Person With	(5) Sole Voting Power:	0
	(6) Shared Voting Power:	6,303,713
	(7) Sole Dispositive Power:	0
	(8) Shared Dispositive Power:	6,303,713

(9) Aggregate Amount Beneficially Owned by Each Reporting Person:		6,303,713
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): N/A
(11) Percent of Class Represented by Amount in Row (9):		6.3%*
(12) Type of Reporting Person (See Instructions): PN

* Based on 100,217,260 ordinary shares in issue as of September 30, 2015 as set forth in the Issuer’s Report on Form 6-K (No. 001-36487) filed with the Securities and Exchange Commission on November 6, 2015.

CUSIP NO. G00349103
(1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only):
Appaloosa Investment Limited Partnership I
(2) Check the Appropriate Box if a Member of a Group (See Instructions)			(a) [ ]
			(b) [ ]

(3) SEC Use Only
(4) Citizenship or Place of Organization: Delaware
Number of Shares Beneficially Owned By Each Reporting Person With	(5) Sole Voting Power:	0
	(6) Shared Voting Power:	2,145,671
	(7) Sole Dispositive Power:	0
	(8) Shared Dispositive Power:	2,145,671

(9) Aggregate Amount Beneficially Owned by Each Reporting Person:		2,145,671
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): N/A
(11) Percent of Class Represented by Amount in Row (9):		2.1%*
(12) Type of Reporting Person (See Instructions): PN

CUSIP NO. G00349103
(1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only):
Palomino Fund Ltd.
(2) Check the Appropriate Box if a Member of a Group (See Instructions)			(a) [ ]
			(b) [ ]

(3) SEC Use Only
(4) Citizenship or Place of Organization: British Virgin Islands
Number of Shares Beneficially Owned By Each Reporting Person With	(5) Sole Voting Power:	0
	(6) Shared Voting Power:	3,023,373
	(7) Sole Dispositive Power:	0
	(8) Shared Dispositive Power:	3,023,373

(9) Aggregate Amount Beneficially Owned by Each Reporting Person:		3,023,373
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): N/A
(11) Percent of Class Represented by Amount in Row (9):		3.0%*
(12) Type of Reporting Person (See Instructions): CO

CUSIP NO. G00349103
(1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only):
Thoroughbred Fund L.P.
(2) Check the Appropriate Box if a Member of a Group (See Instructions)			(a) [ ]
			(b) [ ]

(3) SEC Use Only
(4) Citizenship or Place of Organization: Delaware
Number of Shares Beneficially Owned By Each Reporting Person With	(5) Sole Voting Power:	0
	(6) Shared Voting Power:	546,908
	(7) Sole Dispositive Power:	0
	(8) Shared Dispositive Power:	546,908

(9) Aggregate Amount Beneficially Owned by Each Reporting Person:		546,908
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): N/A
(11) Percent of Class Represented by Amount in Row (9):		0.5%*
(12) Type of Reporting Person (See Instructions): PN

CUSIP NO. G00349103
(1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only):
Thoroughbred Master Ltd.
(2) Check the Appropriate Box if a Member of a Group (See Instructions)			(a) [ ]
			(b) [ ]

(3) SEC Use Only
(4) Citizenship or Place of Organization: British Virgin Islands
Number of Shares Beneficially Owned By Each Reporting Person With	(5) Sole Voting Power:	0
	(6) Shared Voting Power:	587,761
	(7) Sole Dispositive Power:	0
	(8) Shared Dispositive Power:	587,761

(9) Aggregate Amount Beneficially Owned by Each Reporting Person:		587,761
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): N/A
(11) Percent of Class Represented by Amount in Row (9):		0.6%*
(12) Type of Reporting Person (See Instructions): CO

CUSIP NO. G00349103
(1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only):
Appaloosa Partners Inc.
(2) Check the Appropriate Box if a Member of a Group (See Instructions)			(a) [ ]
			(b) [ ]

(3) SEC Use Only
(4) Citizenship or Place of Organization: Delaware
Number of Shares Beneficially Owned By Each Reporting Person With	(5) Sole Voting Power:	0
	(6) Shared Voting Power:	6,303,713
	(7) Sole Dispositive Power:	0
	(8) Shared Dispositive Power:	6,303,713

(9) Aggregate Amount Beneficially Owned by Each Reporting Person:		6,303,713
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): N/A
(11) Percent of Class Represented by Amount in Row (9):		6.3%*
(12) Type of Reporting Person (See Instructions): CO

CUSIP NO. G00349103
(1) Names of Reporting Persons. I.R.S. Identification Nos. of Above Persons (entities only):
David A. Tepper
(2) Check the Appropriate Box if a Member of a Group (See Instructions)			(a) [ ]
			(b) [ ]

(3) SEC Use Only
(4) Citizenship or Place of Organization: United States
Number of Shares Beneficially Owned By Each Reporting Person With	(5) Sole Voting Power:	0
	(6) Shared Voting Power:	6,303,713
	(7) Sole Dispositive Power:	0
	(8) Shared Dispositive Power:	6,303,713

(9) Aggregate Amount Beneficially Owned by Each Reporting Person:		6,303,713
(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions): N/A
(11) Percent of Class Represented by Amount in Row (9):		6.3%*
(12) Type of Reporting Person (See Instructions): IN

Item 1(a). Name Of Issuer:

Abengoa Yield plc

Item 1(b). Address of Issuer’s Principal Executive Offices:

Great West House, GW1, 17th Floor

Great West Road

Brentford TW8 9DF

United Kingdom

Item 2(a). Name of Person Filing:

This statement is being filed by and on behalf of Appaloosa Management L.P. (“AMLP”), Appaloosa Investment Limited Partnership I (“AILP”), Palomino Fund Ltd. (“Palomino”), Thoroughbred Fund L.P. (“TFLP”), Thoroughbred Master Ltd. (“TML”), Appaloosa Partners Inc. (“API”) and David A. Tepper (“Mr. Tepper” and, together with AMLP, AILP, Palomino, TFLP, TML and API, the “Reporting Persons”). As of December 31, 2015: (i) AMLP was the general partner of AILP and TFLP and served as investment adviser to AILP, Palomino, TFLP and TML; (ii) API was the general partner of, and Mr. Tepper owned a majority of the limited partnership interest in, AMLP, and (iii) Mr. Tepper is the sole stockholder and the President of API.

Item 2(b). Address of Principal Business Office or, if None, Residence:

As of December 31, 2015, the business address of AMLP was Appaloosa Management L.P., 51 John F. Kennedy Parkway, Short Hills, New Jersey 07078 and the business address of each of AILP, Palomino, TFLP, TML, API and Mr. Tepper was c/o Appaloosa Management L.P., 51 John F. Kennedy Parkway, Short Hills, New Jersey 07078. As of January 1, 2016: (i) AMLP has changed its business address to Appaloosa Management L.P., 404 Washington Avenue, Suite 810, Miami, Florida 33139; (ii) each of AILP and Palomino has changed its business address to c/o Appaloosa LP, 51 John F. Kennedy Parkway, Short Hills, New Jersey 07078; and (iii) each of TFLP, TML, API and Mr. Tepper has changed its business address to c/o Appaloosa Management L.P., 404 Washington Avenue, Suite 810, Miami, Florida 33139.

Item 2(c). Citizenship:

AMLP is a Delaware limited partnership. AILP is a Delaware limited partnership. Palomino is a British Virgin Islands company. TFLP is a Delaware limited partnership. TML is a British Virgin Islands company. API is a Delaware corporation. Mr. Tepper is a citizen of the United States.

Item 2(d). Title of Class of Securities:

Ordinary Shares, nominal value €0.10 per share

Item 2(e). CUSIP No.:

G00349103

Item 3. If This Statement Is Filed Pursuant to §240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a:
(a)	[ ]		Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	[ ]		Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	[ ]		Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	[ ]		Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	[X]		An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);
(f)	[ ]		An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)	[ ]		A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
(h)	[ ]		A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	[ ]		A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3);
(j)	[ ]		A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
(k)	[ ]		Group, in accordance with §240.13d-1(b)(1)(ii)(K)
Item 4. Ownership.
(a)		See Item 9 of the cover pages to this Schedule 13G.
(b)		See Item 11 of the cover pages to this Schedule 13G.
(c)		See Items 5 through 8 of the cover pages to this Schedule 13G.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following: [ ].
Item 6. Ownership of More Than Five Percent on Behalf of Another Person.
Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
Not Applicable.
Item 8. Identification and Classification of Members of the Group.
Not Applicable.
Item 9. Notice of Dissolution of Group.
Not Applicable.

Item 10. Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 12, 2016	APPALOOSA MANAGEMENT L.P. By: APPALOOSA PARTNERS INC., Its General Partner


	By:	/s/ David A. Tepper
		Name: David A. Tepper
		Title: President


	APPALOOSA INVESTMENT LIMITED PARTNERSHIP I By: APPALOOSA MANAGEMENT L.P., Its Investment Adviser By: APPALOOSA PARTNERS INC., Its General Partner


	By:	/s/ David A. Tepper
		Name: David A. Tepper
		Title: President

	PALOMINO FUND LTD. By: APPALOOSA MANAGEMENT L.P., Its Investment Adviser By: APPALOOSA PARTNERS INC., Its General Partner


	By:	/s/ David A. Tepper
		Name: David A. Tepper
		Title: President

[Signature Pages to Schedule 13G]

Thoroughbred Fund L.P. By: APPALOOSA MANAGEMENT L.P., Its Investment Adviser By: APPALOOSA PARTNERS INC., Its General Partner


By:		/s/ David A. Tepper
		Name: David A. Tepper
		Title: President


THOROUGHBRED MASTER LTD. By: APPALOOSA MANAGEMENT L.P., Its Investment Adviser By: APPALOOSA PARTNERS INC., Its General Partner


By:		/s/ David A. Tepper
		Name: David A. Tepper
		Title: President


APPALOOSA PARTNERS INC.


By:		/s/ David A. Tepper
		Name: David A. Tepper
		Title: President


	/s/ David A. Tepper
	David A. Tepper

Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001).

[Signature Pages to Schedule 13G]

EXHIBIT A

JOINT FILING AGREEMENT

The undersigned agree that the foregoing statement on Schedule 13G (including any and all amendments thereto) is being filed with the Securities and Exchange Commission on behalf of each of the undersigned pursuant to Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings.

[Signature pages follow.]

Dated: February 12, 2016	APPALOOSA MANAGEMENT L.P. By: APPALOOSA PARTNERS INC., Its General Partner


	By:	/s/ David A. Tepper
		Name: David A. Tepper
		Title: President


	APPALOOSA INVESTMENT LIMITED PARTNERSHIP I By: APPALOOSA MANAGEMENT L.P., Its Investment Adviser By: APPALOOSA PARTNERS INC., Its General Partner


	By:	/s/ David A. Tepper
		Name: David A. Tepper
		Title: President

	PALOMINO FUND LTD. By: APPALOOSA MANAGEMENT L.P., Its Investment Adviser By: APPALOOSA PARTNERS INC., Its General Partner


	By:	/s/ David A. Tepper
		Name: David A. Tepper
		Title: President

[Signature Pages to Joint Filing Agreement]

Thoroughbred Fund L.P. By: APPALOOSA MANAGEMENT L.P., Its Investment Adviser By: APPALOOSA PARTNERS INC., Its General Partner


By:		/s/ David A. Tepper
		Name: David A. Tepper
		Title: President


THOROUGHBRED MASTER LTD. By: APPALOOSA MANAGEMENT L.P., Its Investment Adviser By: APPALOOSA PARTNERS INC., Its General Partner


By:		/s/ David A. Tepper
		Name: David A. Tepper
		Title: President


APPALOOSA PARTNERS INC.


By:		/s/ David A. Tepper
		Name: David A. Tepper
		Title: President


	/s/ David A. Tepper
	David A. Tepper

[Signature Pages to Joint Filing Agreement]