Country for PR: United Kingdom
Contributor: PR Newswire Europe
Wednesday, June 15 2022 - 01:28
AsiaNet
ATLAS RENEWABLE ENERGY BROADENS MARKET OFFERING BY ACQUIRING ITS FIRST WIND PROJECT IN BRASIL
SAO PAULO, June 14, 2022 /PRNewswire-AsiaNet/--

Atlas expands its wind portfolio by acquiring a project from Voltalia in 
Brazil. This acquisition follows the recent announcement by the company of its 
proposed Alpaca wind portfolio in Chile. With this acquisition, Atlas continues 
to broaden its market offering to provide clients with a full suite of clean 
energy solutions.  

Atlas Renewable Energy, an international renewable energy generator, acquired a 
wind project in the Brazilian state of Minas Gerais from the French energy 
producer and provider Voltalia. The project, named Juramento, will have a 
generation capacity of 378 MW and will be composed of 63 wind turbines.

Atlas has acquired development rights to the 378MW Juramento project in Brazil
Juramento  is Atlas Renewable Energy's second wind project, after the company 
announced the signing of a Power Purchase Agreement (PPA) with Enel Energía 
Chile last month for the development of the Alpaca wind portfolio (417 MW).  
Unlike Alpaca, Juramento does not have a PPA, and is open to any off-takers 
seeking renewable power in Brazil.

"With Juramento we continue to expand and diversify our product offering across 
all the regions where we operate," said Luis Pita, General Manager for Atlas 
Renewable Energy in Brazil. "This project is currently available for any large 
energy consumer looking for a PPA to transition from conventional sources of 
energy to renewable."

Juramento will generate 1,650 GWh per year, which is equivalent to benefiting 
799,524 Brazilian families, preventing 123,750 tons of CO2 (est.) which could 
be compared to removing 49,500 cars from the streets of Sao Paulo. The 
structure of the transaction will be reviewed and finalized through Brazil's 
Administrative Council of Economic Defense (CADE) in the upcoming days.

About Atlas Renewable Energy 

Atlas Renewable Energy is an international renewable energy generation company 
that has been developing, financing, constructing, and operating renewable 
energy projects throughout the Americas since early 2017. Atlas Renewable 
Energy includes an experienced team with the longest track record in the 
renewable energy industry in Latin America. The company is recognized for its 
high standards in the development, construction, and operation of large-scale 
projects. 

Atlas Renewable Energy's growth is focused on the most stable markets in the 
region, using its proven expertise in development, marketing, and structuring 
to accelerate the transformation to clean energy. By actively engaging with the 
community and stakeholders at the heart of its strategy, the company works 
every day to deliver a cleaner future.

Photo - https://mma.prnewswire.com/media/1839397/Atlas_Renewable_Energy.jpg

SOURCE: Atlas Renewable Energy

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