Mitsubishi UFJ Financial Group (MUFG), a large, global financial group, participated in the successful $3 billion refinancing for Atlas Renewable Energy, a renewable energy independent power producer in Latin America.
This transaction consolidates Atlas’ diversified portfolio of solar and battery energy storage system projects and other financings across Chile, Brazil and Mexico. The financing is structured through operating company and holding company term-loan tranches and letter of credit facilities totaling $3 billion, featuring five-year tenors.
MUFG acted as initial joint lead arranger, joint bookrunner, green loan coordinator, and hedge provider on the facility.
“The Atlas Global refinancing further highlights MUFG as a facilitator of large-scale energy deals throughout Latin America,” Tatiana Preta, head of project finance, Latin America at MUFG, said. “By supporting such an ambitious and unique facility, MUFG reinforces its expertise in delivering innovative solutions that generate long term economic and energy security benefits across the Americas.”
