May 7, 2021
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
Actis' renewable energy division borrows $150 mln from IDB Invest and DNB for the Lar do Sol-Casablanca project in Minas Gerais