Project Finance Brief: Atlas Renewable Raises $210 Million for 438 MW Solar Project

Enefit Green receives a $348 million loan from SEB and Nordic Investment Bank

January 11, 2023

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Atlas Renewable Energy, a clean energy solutions provider, secured a loan of $210 million from Banco Nacional de Desenvolvimento Econômico e Social to finance its 438 MW Boa Sorte solar project. The project will be built in Paracatu, in the State of Minas Gerais, Brazil, and is a joint venture between Atlas, Hydro Rein, and the client under a self-production contract to supply 12% of the client’s annual power consumption.

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