ATLAS RENEWABLE ENERGY RECEIVES THE LARGEST EVER RENEWABLE ENERGY USD LOAN FROM BNDES FOR LATIN AMERICA'S LARGEST SOLAR PPA
SAO PAULO, Nov. 29, 2023 /PRNewswire/ -- Atlas Renewable Energy, international developer and one of the largest and fastest-growing independent power producers (IPP) in Latin America, secured a USD447.8 million (equivalent to R$2,18 billion) loan from the Brazilian development bank (BNDES), the bank's largest renewable energy US Dollar loan to date, to build the Vista Alegre Solar Plant. With an installed capacity of 902 MWp, equivalent to 768 MWac, the plant will produce an average of 200 MW or 2TWh annually, preventing 2.4 million tons of CO2 during its 20-year operation – equivalent to producing enough power to supply over 3 million people. https://www.atlasrenewableenergy.com/en/atlas-renewable-energy-secures-b...