Atlas secures another dollar loan for solar plant in Brazil

Atlas secures another dollar loan for solar plant in Brazil

Debt Loans Project & Infrastructure Finance Energy Solar Solar ESG Green Finance Brazil United Kingdom

Atlas Renewable Energy, a division of UK-based emerging markets investment firm Actis, has financed its second renewable energy project in Brazil with US dollars, borrowing $150 million from IDB Invest and DNB for the Lar do Sol-Casablanca solar power project in Minas Gerais. IDB Invest, an affiliate of the Inter-American Development Bank (IDB), contributed $80 million of its own funds and arranged $60 million from DNB, the largest financial services group in Norway. The loan also included $5 mi

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