SKN | MUFG Participates in $3 Billion Atlas Renewable Energy Refinancing

Key Takeaways

• Mitsubishi UFJ Financial Group participated in a $3 billion refinancing for Atlas Renewable Energy.
• The transaction supports solar and battery storage projects across Chile, Brazil, and Mexico.
• MUFG acted as Initial Joint Lead Arranger, Joint Bookrunner, Green Loan Coordinator, and Hedge Provider.
• The financing consolidates Atlas’ renewable energy portfolio and represents one of the largest cross-border clean energy refinancings in Latin America.

Major Renewable Energy Financing in Latin America

Mitsubishi UFJ Financial Group announced its participation in a $3 billion refinancing transaction supporting Atlas Renewable Energy, the largest renewable energy independent power producer in Latin America.

The refinancing strengthens Atlas’ capital structure and supports its growing portfolio of renewable energy projects across several key markets in the region. The transaction brings together solar generation assets and battery energy storage systems located in Chile, Brazil, and Mexico.

Structure of the Financing

The $3 billion facility is structured through a combination of operating company and holding company term-loan tranches along with letter of credit facilities. These instruments carry five-year tenors and provide financial flexibility for the company’s ongoing operations and development pipeline.

According to MUFG, the deal represents a first-of-its-kind refinancing in Latin America due to its scale and geographic diversification. The financing consolidates multiple existing financings under a single structure while supporting long-term renewable infrastructure investments.

MUFG’s Role in the Transaction

MUFG served several key roles in the refinancing, including Initial Joint Lead Arranger, Joint Bookrunner, Green Loan Coordinator, and Hedge Provider. These responsibilities highlight the bank’s ability to structure and execute complex cross-border financings tied to large infrastructure projects.

Participation in transactions of this scale reinforces MUFG’s position as a major global lender in sustainable infrastructure and project finance markets.

Expanding Clean Energy Infrastructure

Atlas Renewable Energy focuses on developing, financing, constructing, and operating large-scale renewable energy projects throughout Latin America. Since its founding in 2017, the company has built a contracted renewable asset base exceeding 10.8 gigawatts across multiple markets.

Projects supported by the refinancing include solar power facilities and battery energy storage systems designed to strengthen regional electricity grids while advancing the transition to low-carbon energy systems.

MUFG’s Global Project Finance Strategy

MUFG has increasingly positioned itself as a key financial partner in global energy transition projects. By supporting large renewable infrastructure financings, the bank helps enable the development of sustainable power generation while also expanding its presence in international project finance markets.

The transaction also highlights MUFG’s role in facilitating energy investments that contribute to long-term economic development and energy security across the Americas.

Outlook

As renewable energy deployment accelerates globally, large-scale refinancing transactions like this one are expected to become more common as developers optimize capital structures and expand their project pipelines.

For financial institutions such as MUFG, participation in complex sustainable infrastructure financings may continue to strengthen their position in the rapidly growing global energy transition market.

For confidential discussions regarding renewable infrastructure financing structures, cross-border project finance strategies, green loan frameworks, and portfolio positioning within global energy transition investments, our senior advisory team is available for discreet consultation tailored to institutional and cross-border mandates.