Atlas Renewable Energy Secures $3 Billion Refinancing and Wins Multiple Awards for Large-Scale Solar and Storage Projects in Latin America

Atlas Renewable Energy recently closed a historic $3 billion refinancing of its asset portfolio, supported by a consortium of leading international banks, underscoring its financial credibility and capacity to scale infrastructure development in Latin America. This transaction coincides with multiple industry accolades: IJGlobal awarded Atlas the Energy Transition Deal of the Year 2025 Latin America for its Copiapó project in Chile, which integrates a 357 MW solar photovoltaic plant with 320 MW of battery storage, enabling enhanced grid flexibility and stability. Additionally, Atlas received the Solar Deal of the Year 2025 Latin America for Estepa I & II, a combined 215 MW solar plus 418 MW four-hour battery energy storage system designed to supply reliable renewable energy to industrial clients, addressing both decarbonization goals and continuous operational demands.

In Brazil, the company secured the Renewable Energy Deal of the Year at the GBM Awards for financing the BRL 1 trillion Complejo Solar Draco, backed by a syndicate including BNDES, Bradesco, Santander, and Itaú. This deal highlights Atlas’s ability to coordinate structured, long-duration financing with local and international lenders to develop utility-scale renewable projects. The emphasis on solar projects integrated with battery energy storage reflects a market shift across Latin America towards hybrid assets that improve dispatchability and competitiveness amid evolving grid and customer requirements.

CEO Carlos Barrera emphasized Atlas’s strategic focus on developing tailored, renewable-plus-storage solutions aligned with long-term frameworks. The company’s portfolio now exceeds 10.8 GW in renewable capacity, with approximately 2.7 GW operational, underlining its role as one of the region’s most bankable clean energy platforms. This positions Atlas at the forefront of Latin America’s energy transition, facilitating corporate clients’ ambitions for sustainable energy procurement in increasingly complex regulatory environments.