Atlas Renewable Energy has completed long-term financing for three of its solar energy plants in Brazil for a total amount of US$152 million. This financing was achieved through Banco do Nordeste (BNB), backed by an equivalent sum of commercial bank guarantees from BTG Pactual, Banco ABC Brasil, and Banco Bradesco.
Major PV single-axis tracker firm, NEXTracker has secured a major contract with Latin American renewables firm, Atlas Renewable Energy to deploy its ‘TrueCapture’ self-adjusting tracker control system across its fleet of PV power plants.
Atlas Renewable Energy has inaugurated its first operational PV project in Brazil, with the company completing the 67.1MW São Pedro solar plant in Bom Jesus da Lapa, located within the state of Bahia.
Leading European PV tracker supplier Convert S.p.A has secured a major 220MW order to supply its single-axis ‘TRJ’ tracking solution for two PV power plants being built in Brazil.
Chilean mining company Antofagasta Minerals announced Tuesday that it has sold off its 40% stake in a PV power plant in northern Chile to Atlas Renewable Energy — a Latin American-based solar company launched in March by private equity fund Actis.
Growth market investor company Actis has acquired over 1.5GW of solar PV assets from bankrupt SunEdison in Latin America as part of a US$525 million commitment to launch a new Pan-Latin American renewable energy platform — Atlas Renewable Energy.
