Deals
GIP in Talks to Buy $2 Billion LatAm Renewables Firm Atlas
- U.S. investor in advanced negotiations with owner Actis
- Wind and solar firm Atlas has 2.3GW of contracted projects
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Global Infrastructure Partners is in talks to acquire clean energy company Atlas Renewable Energy, people familiar with the matter said, in a deal that would bolster the investment firm’s presence in Latin America.
New York-based GIP is in advanced negotiations on a potential purchase of Atlas from its private equity owner Actis, the people said. A deal could value Miami-based Atlas at more than $2 billion including debt, the people said, asking not to be identified because the matter is private.