Atlas Renewable Energy

Energy

Atlas Renewable Energy | October 26, 2020

Atlas Renewable Energy, a leading renewable energy company in Latin America, announced today that it has obtained a USD 67 million loan from IDB Invest, member of IDB Group, and from DNB Bank ASA (Norway) to finance the construction of Jacaranda, a 187MWp solar project being developed by Atlas Renewable Energy in Brazil, marking the first time that a Brazilian solar project has been fully financed in US dollars. The loan was secured from IDB Invest, including the Clean Technology Fund and the Ca...

Illinois Solar Energy Association | March 18, 2019

Atlas Renewable Energy, leader in clean energy in Latin America, announced the completion of long-term financing of three of its solar energy plants in Brazil for a total amount of USD $152 million. The financing was obtained through Banco do Nordeste (BNB), backed by an equivalent sum of commercial bank guarantees from BTG Pactual, Banco ABC Brasil, and Banco Bradesco. Together, the plants will have an installed capacity of more than 300 MWps, which has allowed them to achieve new standards for...

Atlas Renewable Energy | July 01, 2020

Atlas Renewable Energy, a leading renewable energy company in Latin America along with the American material science multinational company Dow announced today the signing of a large-scale solar energy contract in Brazil. The clean energy supply will be through the Jacaranda photovoltaic solar plant, located in Juazeiro, the State of Bahía, and is expected to supply over 440GWh per year that will mostly be used to serve Dow under a 15-year duration contract, with offtake starting in the fi...

Clean Technica | January 29, 2019

Atlas Renewable Energy has recently added Brazil to its portfolio of Latin American investment countries, with the start-up of the 67.1 megawatt São Pedro solar plant in Bom Jesus da Lapa, state of Bahia. Already holding a 1.2 gigawatt solar portfolio in Latin America, the second-largest in the region, the Miami-based group has built solar plants in Chile, Mexico, and Uruguay since it was formed in 2017. Atlas also has won awards for its novel financing structures, melding smaller private placem...