Atlas Renewable Energy has secured Latin America’s largest-ever corporate refinancing, amounting to USD 3 billion, for high-performing solar and battery energy storage systems in Chile. This landmark deal signals rising institutional confidence in utility-scale solar and energy storage assets across emerging markets.

Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain

The refinancing was carried out with support from Global Infrastructure Partners (GIP) and coordination between 26 law firms in 11 jurisdictions. MUFG Bank, Ltd., Morgan Stanley, Banco Santander, BNP Paribas, Natixis CIB, Crédit Agricole, and Goldman Sachs were among the major international lenders that took part. 

A portfolio of Chilean solar and storage assets with excellent performance is the main focus of the refinance. Besides, it will also fund clean energy initiatives in Mexico and Brazil as the decarbonisation movement in Latin America revolves around these markets. The money will reportedly go into developing over 1GW of solar PV and 200MW/800MWh of BESS across six projects in Chile (two of which are under construction), and into 546MW and 429MW of solar PVs in Brazil and Mexico, respectively. 

Also Read: India leverages e-waste to reduce critical mineral import dependence

The capital raised will also optimise Atlas’ balance sheet, unlocking more competitive financing costs. It also provides long-term funding visibility for expansion into solar and battery storage.

“Securing a refinancing of this magnitude is a strong vote of confidence from global financial institutions for our brand and forward strategy in the region”, said Carlos Barrera, CEO of Atlas Renewable Energy. “The commitment of our investors and banking partners reflects conviction in the quality of our portfolio and the performance of our team. With strong governance, disciplined execution and growth, Atlas has not only become the largest IPP in the renewable energy sector in Latin America but has proven to generate sustainable value in multiple markets over the past decade. This refinancing is also a sign of the company’s financial maturity and will support its next phase of growth.”

Atlas is advancing its capital structuring approach to facilitate the energy transition in Latin America, building on a history of successful transactions. The company is recognised for its innovative financing solutions for solar and battery storage, adapting to complex markets through new technologies. This innovation mindset and execution capabilities enable Atlas to deploy capital effectively and influence the financing of clean energy infrastructure in the future.

Don't miss out- Buyers are looking for your products on our B2B platform