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MUFG Announces Participation in Refinancing of $3 Billion Capital Structure for Atlas Renewable Energy
Prnewswire· 2026-03-10 14:00
Core Insights - MUFG participates in a $3 billion refinancing for Atlas Renewable Energy, the largest renewable energy independent power producer in Latin America, supporting sustainable energy assets across the region [1][1][1] Group 1: Financing Details - The refinancing consolidates Atlas' diversified portfolio of solar and battery energy storage projects across Chile, Brazil, and Mexico [1] - The financing structure includes operating company and holding company term-loan tranches and letter of credit facilities totaling $3 billion, with 5-year tenors [1] - This transaction is noted as a first-of-its-kind in Latin America in terms of both scale and geographic reach [1] Group 2: MUFG's Role and Commitment - MUFG acted as Initial Joint Lead Arranger, Joint Bookrunner, Green Loan Coordinator, and Hedge Provider, showcasing its capability in structuring complex, cross-border financings [1] - The refinancing highlights MUFG's role as a facilitator of large-scale energy deals throughout Latin America, reinforcing its expertise in delivering innovative solutions for long-term economic and energy security benefits [1] Group 3: Company Background - MUFG is one of the world's leading financial groups, headquartered in Tokyo, with a global network of approximately 2,000 locations in over 40 countries and around 150,000 employees [1] - The group offers a wide range of services, including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing [1] - Atlas Renewable Energy has a contracted renewable asset base of over 10.8 GW and specializes in developing, financing, constructing, and operating large-scale renewable energy projects in Latin America since 2017 [1]