MIAMI and NEW YORK, March 3, 2020 / PRNewswire / – & nbsp;Atlas Renewable Energyand DNB Markets today announced the issuance of a $ 253 million American private placement (“USPP”) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction period of one of the projects) and were issued by Atlas Renewable Energy subsidiaries to refinance Javiera and build Sol del Desierto, two photovoltaic solar power plants located north of Chile. This transaction is the largest issue of USPP green photovoltaic solar panels in Latin America nowadays.“data-reactid =” 12 “>MIAMI and NEW YORK, March 3, 2020 / PRNewswire / – Atlas Renewable Energy and DNB Markets today announced the publication of a $ 253 million American private placement (“USPP”) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction period of one of the projects) and were issued by Atlas Renewable Energy subsidiaries to refinance Javiera and build Sol del Desierto, two photovoltaic solar power plants located north of Chile. This transaction is the largest issue of USPP green photovoltaic solar panels in Latin America nowadays.
DNB Markets acted as the sole principal placement agent for the Notes. The bond was issued under the green financial framework of Atlas Renewable Energy, which is aligned with the 2018 versions of the ICMA Green Bond principles and the LMA Green Loan principles. This framework recognizes and attests to the company’s commitment to developing projects that protect and preserve the environment while respecting the highest standards of environmental commitment.
Antofagasta northern regions of Chileand together they have a total installed capacity of 314 MWp. The two projects have been combined into a single financing portfolio – an innovative structure that provides investors with key structural benefits and synergies from cross-linked guaranteed assets and cross-linked guaranteed cash flows. A similar original agreement was found in the refinancing by Atlas Renewable Energy of its two solar power plants Uruguay in 2018, structured by DNB Markets and for which the company won the structured bond contract of 2018. “data-reactid =” 26 “> The two photovoltaic solar energy production assets are located in the Atacama and Antofagasta northern regions of Chileand together they have a total installed capacity of 314 MWp. The two projects have been combined into a single financing portfolio – an innovative structure that provides investors with key structural benefits and synergies from cross-linked guaranteed assets and cross-linked guaranteed cash flows. A similar original agreement was found in the refinancing by Atlas Renewable Energy of its two solar power plants Uruguay in 2018, structured by DNB Markets and for which the company won the 2018 Structured Bond Deal of the Year.
Chile: Javiera is a fully operational asset of 70 MWp, which supplies clean energy as part of a company PPA with Minera Los Pelambres (majority owned by Antofagasta Minerals) since 2015; and Sol del Desierto, a new 244 MWp project developed by Atlas Renewable Energy, currently under construction. The plant is expected to begin supplying clean energy to Engie Energia Chile S.A by 2022. Sol del Desierto will use bifacial technology, which captures sunlight not only at the front but also at the rear to maximize generation. “data-reactid =” 27 “> This time, the transaction includes two of the company’s solar photovoltaic projects in the north Chile: Javiera is a fully operational asset of 70 MWp, which supplies clean energy as part of a company PPA with Minera Los Pelambres (majority owned by Antofagasta Minerals) since 2015; and Sol del Desierto, a new 244 MWp project developed by Atlas Renewable Energy, currently under construction. The plant is expected to begin supplying clean energy to Engie Energia Chile S.A by 2022. Sol del Desierto will use bifacial technology, which collects sunlight not only at the front but also at the rear to maximize generation.
We are very proud of this unique financial solution, tailor-made for these projects in order to increase the value of the investment” said Carlos Barrera, CEO of Atlas Renewable Energy, who also added: “This transaction demonstrates the further consolidation of Atlas on the financial markets with regular investors in several projects and jurisdictions.” He continued: “It is a pleasure to work with and have the confidence of high caliber investors as we continue to raise capital to develop clean and renewable energy in Latin America. “” data-reactid = “28”> “We are very proud of this unique financial solution, tailor-made for these projects in order to increase the value of the investment” said Carlos Barrera, CEO of Atlas Renewable Energy, who also added: “This transaction demonstrates the further consolidation of Atlas on the financial markets with regular investors in several projects and jurisdictions.” He continued: “It is a pleasure to work with and have the confidence of high caliber investors as we continue to raise capital to develop clean and renewable energy in Latin America. “
This is DNB’s largest private placement transaction in the United States in Latin America and the second for Atlas Renewable Energy (all with green certifications) and continues to demonstrate DNB’s strong investment capabilities and industry experience in Latin America“said Emilio Fabbrizzi, Managing Director of DNB Markets in New York. “DNB’s sustainable finance team also advised Atlas in setting up a green financing framework, which has been validated by Sustainalytics and will allow the company to re-issue green bonds and loans through its four subsidiaries in the future.“” data-reactid = “29”> “This is DNB’s largest private placement transaction in the United States in Latin America and the second for Atlas Renewable Energy (all with green certifications) and continues to demonstrate DNB’s strong investment capabilities and industry experience in Latin America“said Emilio Fabbrizzi, Managing Director of DNB Markets in New York. “DNB’s sustainable finance team also advised Atlas in setting up a green financing framework, which has been validated by Sustainalytics and will allow the company to re-issue green bonds and loans through its four subsidiaries in the future.“
Latin America. The company’s current portfolio includes 1.7 GW of contracted projects in the development, construction or operating phase, and aims to increase by an additional 4 GW over the next few years. “Data-reactid =” 34 “>About Atlas Renewable Energy
Atlas Renewable Energy is a renewable energy production company that develops, builds and operates renewable energy projects with long-term energy contracts in Latin America. The company’s current portfolio is 1.7 GW of contracted projects in the development, construction or operating phase, and aims to increase by an additional 4 GW over the next few years.
Latin America. The company is recognized for its high standards in the development, construction and operation of large-scale projects. “Data-reactid =” 35 “> Launched at the beginning of 2017, Atlas Renewable Energy includes an experienced team with the longest record in the solar energy industry Latin America. The company is recognized for its high standards in the development, construction and operation of large-scale projects.
700 million USD actions in Atlas Renewable Energy to invest in long-term projects in the field of renewable energy. “data-reactid =” 36 “> Atlas Renewable Energy is part of the Energy Fund IV, founded by Actis, one of the main private investors in the energy sector in emerging markets. Actis has allocated some 700 million USD equity from Atlas Renewable Energy to invest in long-term renewable energy contract projects.
Latin America, relying on its proven know-how in development, marketing and structuring to bring clean energy to the region. By actively engaging with the community and stakeholders at the center of its project strategy, the company works daily to Latin America with a cleaner future. “data-reactid =” 37 “> The growth of Atlas Renewable Energy is concentrated in the main emerging markets and Latin America, relying on its proven know-how in development, marketing and structuring to bring clean energy to the region. By actively engaging with the community and stakeholders at the center of its project strategy, the company works daily to Latin America with a cleaner future.
http://www.atlasrenewableenergy.com/“data-reactid =” 38 “> To learn more about Atlas Renewable Energy, visit: http://www.atlasrenewableenergy.com/
United States and a subsidiary of DNB Markets, a division of DNB Bank ASA Norway. DNB is Norway the largest financial services group and one of the largest Nordic countries in terms of market capitalization. “data-reactid =” 40 “> DNB Markets, Inc. is a broker United States and a subsidiary of DNB Markets, a division of DNB Bank ASA Norway. DNB is Norway leading financial services group and one of the largest in the Nordic region in terms of market capitalization.
The Group is one of the world’s leading banks in the fields of maritime transport, energy and seafood. The bank has a selective global focus on renewable energies, with a particular focus on hydroelectric, wind and solar technologies and is committed to supporting sustainable initiatives with green solutions.
Diana Castellanos, Marketing and Communication Manager, Atlas Renewable Energy
E-mail: [email protected]“data-reactid =” 42 “>Media contacts
Diana Castellanos, Marketing and Communication Manager, Atlas Renewable Energy
Email: [email protected]
Andressa Quadros, BCW
E-mail: [email protected]“data-reactid =” 43 “>Andressa Quadros, BCW
Email: [email protected]
[email protected]“data-reactid =” 44 “> Emilio Fabbrizzi, managing director, DNB Markets
Email: [email protected]
http://www.prnewswire.com/news-releases/atlas-renewable-energy-and-dnb-markets-issue-largest-solar-pv-bond-in–issuance-in-latin-america-301015834.html“data-reactid =” 56 “> See the original content to download the multimedia: http: //www.prnewswire.com/news-releases/atlas-renewable-energy-and-dnb-markets-issue-largest-solar- pv- bond-in – show-in-latin america-301015834.html
SOURCE Atlas Renewable Energy
MIAMI and NEW YORK, March 3, 2020 / PRNewswire / – & nbsp;Atlas Renewable Energyand DNB Markets today announced the issuance of a $ 253 million American private placement (“USPP”) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction period of one of the projects) and were issued by Atlas Renewable Energy subsidiaries to refinance Javiera and build Sol del Desierto, two photovoltaic solar power plants located north of Chile. This transaction is the largest issue of USPP green photovoltaic solar panels in Latin America nowadays.“data-reactid =” 12 “>MIAMI and NEW YORK, March 3, 2020 / PRNewswire / – Atlas Renewable Energy and DNB Markets today announced the publication of a $ 253 million American private placement (“USPP”) in Green Bond format. The notes were rated investment grade (BBB-) by Fitch Rating (including the construction period of one of the projects) and were issued by Atlas Renewable Energy subsidiaries to refinance Javiera and build Sol del Desierto, two photovoltaic solar power plants located north of Chile. This transaction is the largest issue of USPP green photovoltaic solar panels in Latin America nowadays.
DNB Markets acted as the sole principal placement agent for the Notes. The bond was issued under the green financial framework of Atlas Renewable Energy, which is aligned with the 2018 versions of the ICMA Green Bond principles and the LMA Green Loan principles. This framework recognizes and attests to the company’s commitment to developing projects that protect and preserve the environment while respecting the highest standards of environmental commitment.
Antofagasta northern regions of Chileand together they have a total installed capacity of 314 MWp. The two projects have been combined into a single financing portfolio – an innovative structure that provides investors with key structural benefits and synergies from cross-linked guaranteed assets and cross-linked guaranteed cash flows. A similar original agreement was found in the refinancing by Atlas Renewable Energy of its two solar power plants Uruguay in 2018, structured by DNB Markets and for which the company won the structured bond contract of 2018. “data-reactid =” 26 “> The two photovoltaic solar energy production assets are located in the Atacama and Antofagasta northern regions of Chileand together they have a total installed capacity of 314 MWp. The two projects have been combined into a single financing portfolio – an innovative structure that provides investors with key structural benefits and synergies from cross-linked guaranteed assets and cross-linked guaranteed cash flows. A similar original agreement was found in the refinancing by Atlas Renewable Energy of its two solar power plants Uruguay in 2018, structured by DNB Markets and for which the company won the 2018 Structured Bond Deal of the Year.
Chile: Javiera is a fully operational asset of 70 MWp, which supplies clean energy as part of a company PPA with Minera Los Pelambres (majority owned by Antofagasta Minerals) since 2015; and Sol del Desierto, a new 244 MWp project developed by Atlas Renewable Energy, currently under construction. The plant is expected to begin supplying clean energy to Engie Energia Chile S.A by 2022. Sol del Desierto will use bifacial technology, which captures sunlight not only at the front but also at the rear to maximize generation. “data-reactid =” 27 “> This time, the transaction includes two of the company’s solar photovoltaic projects in the north Chile: Javiera is a fully operational asset of 70 MWp, which supplies clean energy as part of a company PPA with Minera Los Pelambres (majority owned by Antofagasta Minerals) since 2015; and Sol del Desierto, a new 244 MWp project developed by Atlas Renewable Energy, currently under construction. The plant is expected to begin supplying clean energy to Engie Energia Chile S.A by 2022. Sol del Desierto will use bifacial technology, which collects sunlight not only at the front but also at the rear to maximize generation.
We are very proud of this unique financial solution, tailor-made for these projects in order to increase the value of the investment” said Carlos Barrera, CEO of Atlas Renewable Energy, who also added: “This transaction demonstrates the further consolidation of Atlas on the financial markets with regular investors in several projects and jurisdictions.” He continued: “It is a pleasure to work with and have the confidence of high caliber investors as we continue to raise capital to develop clean and renewable energy in Latin America. “” data-reactid = “28”> “We are very proud of this unique financial solution, tailor-made for these projects in order to increase the value of the investment” said Carlos Barrera, CEO of Atlas Renewable Energy, who also added: “This transaction demonstrates the further consolidation of Atlas on the financial markets with regular investors in several projects and jurisdictions.” He continued: “It is a pleasure to work with and have the confidence of high caliber investors as we continue to raise capital to develop clean and renewable energy in Latin America. “
This is DNB’s largest private placement transaction in the United States in Latin America and the second for Atlas Renewable Energy (all with green certifications) and continues to demonstrate DNB’s strong investment capabilities and industry experience in Latin America“said Emilio Fabbrizzi, Managing Director of DNB Markets in New York. “DNB’s sustainable finance team also advised Atlas in setting up a green financing framework, which has been validated by Sustainalytics and will allow the company to re-issue green bonds and loans through its four subsidiaries in the future.“” data-reactid = “29”> “This is DNB’s largest private placement transaction in the United States in Latin America and the second for Atlas Renewable Energy (all with green certifications) and continues to demonstrate DNB’s strong investment capabilities and industry experience in Latin America“said Emilio Fabbrizzi, Managing Director of DNB Markets in New York. “DNB’s sustainable finance team also advised Atlas in setting up a green financing framework, which has been validated by Sustainalytics and will allow the company to re-issue green bonds and loans through its four subsidiaries in the future.“
Latin America. The company’s current portfolio includes 1.7 GW of contracted projects in the development, construction or operating phase, and aims to increase by an additional 4 GW over the next few years. “Data-reactid =” 34 “>About Atlas Renewable Energy
Atlas Renewable Energy is a renewable energy production company that develops, builds and operates renewable energy projects with long-term energy contracts in Latin America. The company’s current portfolio is 1.7 GW of contracted projects in the development, construction or operating phase, and aims to increase by an additional 4 GW over the next few years.
Latin America. The company is recognized for its high standards in the development, construction and operation of large-scale projects. “Data-reactid =” 35 “> Launched at the beginning of 2017, Atlas Renewable Energy includes an experienced team with the longest record in the solar energy industry Latin America. The company is recognized for its high standards in the development, construction and operation of large-scale projects.
700 million USD actions in Atlas Renewable Energy to invest in long-term projects in the field of renewable energy. “data-reactid =” 36 “> Atlas Renewable Energy is part of the Energy Fund IV, founded by Actis, one of the main private investors in the energy sector in emerging markets. Actis has allocated some 700 million USD equity from Atlas Renewable Energy to invest in long-term renewable energy contract projects.
Latin America, relying on its proven know-how in development, marketing and structuring to bring clean energy to the region. By actively engaging with the community and stakeholders at the center of its project strategy, the company works daily to Latin America with a cleaner future. “data-reactid =” 37 “> The growth of Atlas Renewable Energy is concentrated in the main emerging markets and Latin America, relying on its proven know-how in development, marketing and structuring to bring clean energy to the region. By actively engaging with the community and stakeholders at the center of its project strategy, the company works daily to Latin America with a cleaner future.
http://www.atlasrenewableenergy.com/“data-reactid =” 38 “> To learn more about Atlas Renewable Energy, visit: http://www.atlasrenewableenergy.com/
United States and a subsidiary of DNB Markets, a division of DNB Bank ASA Norway. DNB is Norway the largest financial services group and one of the largest Nordic countries in terms of market capitalization. “data-reactid =” 40 “> DNB Markets, Inc. is a broker United States and a subsidiary of DNB Markets, a division of DNB Bank ASA Norway. DNB is Norway leading financial services group and one of the largest in the Nordic region in terms of market capitalization.
The Group is one of the world’s leading banks in the fields of maritime transport, energy and seafood. The bank has a selective global focus on renewable energies, with a particular focus on hydroelectric, wind and solar technologies and is committed to supporting sustainable initiatives with green solutions.
Diana Castellanos, Marketing and Communication Manager, Atlas Renewable Energy
E-mail: [email protected]“data-reactid =” 42 “>Media contacts
Diana Castellanos, Marketing and Communication Manager, Atlas Renewable Energy
Email: [email protected]
Andressa Quadros, BCW
E-mail: [email protected]“data-reactid =” 43 “>Andressa Quadros, BCW
Email: [email protected]
[email protected]“data-reactid =” 44 “> Emilio Fabbrizzi, managing director, DNB Markets
Email: [email protected]
http://www.prnewswire.com/news-releases/atlas-renewable-energy-and-dnb-markets-issue-largest-solar-pv-bond-in–issuance-in-latin-america-301015834.html“data-reactid =” 56 “> See the original content to download the multimedia: http: //www.prnewswire.com/news-releases/atlas-renewable-energy-and-dnb-markets-issue-largest-solar- pv- bond-in – show-in-latin america-301015834.html
SOURCE Atlas Renewable Energy