Project Finance Brief: Atlas Secures $113 Million Financing for Solar Project
Sol Systems acquires 2 GW of hybrid solar and storage projects
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Atlas Renewable Energy, a solar and wind project developer, secured a COP 473.77 billion (~$113 million) senior loan to develop, construct, and operate the 201 MW Shangri-La solar project in the Tolima Department of Colombia. IDB Invest and Bancolombia provided the financial package. The project is expected to reach commercial operation at the end of 2025.
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