Green Bond Fact Sheet
Summary
This fact sheet details a USD 108.4 million private placement green bond issued by Atlas Renewable Energy on July 2, 2018, to refinance two solar projects in Uruguay.
Key insights
- Atlas Renewable Energy issued a private placement green bond on July 2, 2018, with a total amount of USD 108.4 million and a maturity date of July 2, 2042, representing a 24-year tenor.
- The bond proceeds are allocated to the refinancing of two specific solar projects in Uruguay: El Naranjal, which has a capacity of 50MW, and Del Litoral, with a capacity of 16MW.
- The solar projects in Uruguay have an offtake arrangement with the state-owned electricity company, Administración Nacional de Usinas y Trasmisiones Eléctricas.
- The issuer has committed to annual reporting on CO2 emissions avoided and actual energy generated from the two solar projects, with this information to be disclosed in the Actis annual report.
- Atlas Renewable Energy, founded in 2017 via Actis LLP's acquisition of SunEdison Latin American assets, operates solar and wind projects across Latin America and completed the first deal in the Mexican green bond market in 2018.
Cite the original document
- APA
- Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-07%20UY%20Atlas%20Renewable%20Energy.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-07%20UY%20Atlas%20Renewable%20Energy.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=13 July 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-07%20UY%20Atlas%20Renewable%20Energy.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2018-07%20UY%20Atlas%20Renewable%20Energy.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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