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Atlas Renewable Energy Secures $289 Million for Battery Energy Storage System

DNV has supported Atlas Renewable Energy in securing $289 million in financing for its first standalone Battery Energy Storage System (BESS) project in Chile. The financing package, backed by senior loans and credit lines from BNP Paribas and Crédit Agricole CIB, will fund the development of Battery Energy Storage System del Desierto, one of the largest energy storage projects in Latin America, with a storage capacity of 800 MWh. Image Source: DNV

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