ATLAS STRENGTHENS ITS MANAGEMENT STRUCTURE IN BRAZIL TO MAINTAIN ITS INTERNATIONAL AND LOCAL GROWTH RATE

Luis Pita, General Manager for Atlas in Brazil since 2017, assumes a global commercial position to grow the company. Fábio Bortoluzo, formerly in charge of the company’s finance structuring process, takes on Pita’s position in Brazil. 

Sao Paulo, September 25, 2023. Atlas Renewable Energy, an international leader in renewable energy generation, appointed the company’s Director of Structured Finance as its new Country Manager in Brazil. As of this week, Bortoluzo will assume the role previously held by Luis Pita, who has been promoted to serve as the company’s global Chief Commercial Officer.   

These changes are aligned with Atlas’ key strategy to accelerate its growth and positioning in Brazil and become a key renewable energy partner for corporate clients by developing efficient and customized solutions. Power Purchase Agreements (PPAs) signed in U.S. dollars, an innovation Atlas brought to the electricity sector, are an example of the innovative and global vision that the company seeks to imprint on the market. 

Fabio Bortoluzo has a degree in economics from the University of São Paulo (USP) and worked for Banco Votorantim and Concessionária Move São Paulo before joining Atlas.   

The new leader for Atlas in Brazil speaks of the importance of this milestone in his professional career. “I am delighted to take over management of Atlas in Brazil and am ready for this new challenge. We are committed to ensuring a promising future, with a growing business model in Brazil that is a role model for our company, expanding our operations and driving major agreements with our clients,” he says.   

Brazil: a benchmark in the Americas  

Luis Pita’s leadership of the company in Brazil has translated into more than 1.2 GWp in operation and 1.3 GWp in construction to date, entering into agreements with strategic players in the economy, such as Dow, Anglo American, Albras and Unipar. Under his leadership, Atlas’ operation in Brazil has become a benchmark for long-term corporate PPAs and a role model for the countries in which the company operates.   

“My new role presents exciting opportunities, and I am committed to bringing the successful solutions we have developed for Brazilian customers to other markets, enhancing our ability to offer tailor-made energy solutions to deliver high-quality products,” adds Pita. 

Atlas is at the forefront of solar energy growth in Brazil and has become one of the most dependable partners for companies seeking to make the energy transition with the unique and customized solutions Atlas offers to meet each customer’s needs. When signing corporate PPAs with Atlas, companies ensure the energy savings, safety, and security of their operations and significantly contribute to the communities surrounding solar projects through the social and environmental programs developed by the company that has received international awards and recognitions. 

About Atlas Renewable Energy 

Atlas Renewable Energy is an international renewable energy generation company with over 4 GW of contracted projects, of which 2.2 GW are operational. Atlas has specialized in developing, financing, constructing, and operating renewable energy projects throughout the Americas since early 2017. The company has an experienced team with a deep global power market and renewable energy expertise, with the longest track record in the renewable energy industry in Ibero-America.    

The company’s strategy is focused on helping large corporations make the energy transition to 100% clean energy. Atlas Renewable Energy is widely recognized for its high standards in developing, constructing, and operating large-scale projects. Its deep and long-standing track record in Environmental, Social, and Governance (ESG) matters and sustainable development. For more information, please visit www.AtlasRenewableEnergy.com.