Renewable energy provider Atlas Renewable Energy announced that it has secured $3 billion in refinancing to support its clean energy portfolio in Latin America, marking the largest corporate refinancing for non-conventional renewable energy in the region to date
Founded in 2017, Miami-based Atlas Renewable Energy specializes in developing and operating large-scale clean energy projects, primarily in Latin America. The company was acquired in 2022 by Global Infrastructure Partners (GIP), which was subsequently acquired by BlackRock in 2024.
According to Atlas, the transaction will allow the company to optimize its capital structure, unlock competitive financing costs across its regional portfolio, and enable its continued growth in clean energy infrastructure. The transaction covers a portfolio of solar and storage assets located primarily in Chile, as well as support for projects in Brazil and in Mexico.
The financing was led by Global Infrastructure Partners, and included participation from BNP Paribas, Crédit Agricole, Goldman Sachs, Morgan Stanley, MUFG Bank, Ltd., Natixis CIB, and Santander CIB, among others.
Carlos Barrera, CEO of Atlas Renewable Energy, said:
“With strong governance, disciplined execution and growth, Atlas has not only become the largest IPP in the renewable energy sector in Latin America but has proven to generate sustainable value in multiple markets over the past decade.”
