Atlas Renewable Energy Signs PPA to Supply Sustainable Solar Energy with Albras

The energy provided to Albras under this PPA will be supplied by the Vista Alegre Photovoltaic Project, with operations expected to start in 2025.

The plant will be located in the state of Minas Gerais with an installed capacity of 902 MWp and will generate approximately 2TWh/year, which is equivalent to removing more than 61,800 cars of the streets of Sao Paulo and offsetting approximately 154,000 tons of CO₂ emissions per year.

"This is an important step for Atlas as we continue our focus to partner with corporate customers to support their energy transition to clean energy. The closing of our second contract with Albras attests to our ability to provide a compelling tailored energy solution to our customers. Furthermore, it offers predictability to the energy management of our customers looking to achieve their sustainability goals. The scale and term of this deal underscores Atlas' ability to address the needs of large energy consumers with reliability of execution, while fostering best in class ESG programs in line with their values", says Carlos Barrera, Atlas Renewable Energy's CEO.

With this new power purchase agreement, the partnership between Atlas and Albras will enable the equivalent generation of renewable energy that could power a city with approximately 3 million inhabitants, such as Brasilia.