Atlas Renewable Energy's Solar Milestone in Colombia

• Atlas Renewable Energy's acquisition of the Shangri-La solar project in Colombia marks a major milestone in their mission to provide clean energy and promote sustainability in Latin America.

Atlas Renewable Energy has acquired its first solar project in Colombia, the Shangri-La solar project in Tolima, which will generate 403.7 GWh per year. Once operational in 2025, it will be one of the largest solar plants in Colombia and the largest in Tolima, supplying clean energy to over 214 thousand Colombian families and avoiding 162 thousand tons of CO2 annually. Atlas has developed and built 5 GW of renewable energy assets, with 2.7 GW operational.

Ruben Borja, Country Manager of Atlas Renewable Energy in Colombia, stated that the acquisition of the Shangri-La project is a significant step towards their 1 GW target in Colombia. The company aims to promote local employment, community opportunities, and social and environmental initiatives through the project, continuing their sustainability strategy in Latin America. Atlas is focused on M&A opportunities and in-house development to achieve their business objectives and contribute to a just and sustainable energy transition.

What is Atlas Renewable Energy's target for solar projects in Colombia?

• Atlas Renewable Energy's target for solar projects in Colombia is 1 GW
• The Shangri-La solar project in Tolima will be one of the largest solar plants in Colombia
• The project will generate 403.7 GWh per year and supply clean energy to over 214 thousand Colombian families
• The project will avoid 162 thousand tons of CO2 annually
• Atlas Renewable Energy aims to promote local employment, community opportunities, and social and environmental initiatives through their projects in Colombia
• The company is focused on M&A opportunities and in-house development to achieve their business objectives and contribute to a just and sustainable energy transition.