2021 Sustainable Finance Market Sets New Records

January 28, 2022

In 2021, over USD 1.6 trillion in sustainable debt was issued. The market also saw a 100% increase in green bond issuance from 2020 to 2021. Source: BNEF

Colombia’s Ministry of Mines and Energy Proposes Governing Requirements for Exploration of Geothermal Resources

January 28, 2022

Colombia’s Ministry of Mines and Energy published draft guidelines governing the exploration, exploitation, and registration of geothermal resources. Source: Ministry of Mines & Energy, Colombia (In Spanish)

Kenesjay Green Ltd & CREAD Launch the Green Hydrogen Country Assessment for Dominica

January 28, 2022

Kenesjay Green Ltd (KGL), a Trinidad-based company, completing a Green Hydrogen Country Assessment for Dominica. Working alongside the Climate Resilience Execution Agency for Dominica (CREAD), the assessment will help create a plan to utilize Dominica’s geothermal resources and build long-term resilience into the national economy. Source: Fuel Cell Works 

Colombia Unveils USD 19 Million Guajira 1 Wind Farm

January 25, 2022

Colombia recently inaugurated the country’s largest wind farm, Guajira 1, which expects to generate around 20MW and had a total investment of about USD 19 million. Elecnor constructed the Guajira 1 wind farm, the first of 16 wind farms to be developed in the area. Source: Power Info Today

IDB Invest Allocates USD 24 Million to Soleco for Solar Photovoltaic Development

January 25, 2022

IDB Invest committed USD 24 million to Soleco Energy (Jamaica) Limited to develop solar photovoltaic plants in Jamaica. The financing will come from a Senior A Loan and other blended finance sources, like the Clean Technology Fund. Source: Soleco Energy

Mexico’s Federal Electricity Commission (CFE) Launches Pilot Project for Green Hydrogen Production

January 25, 2022

Mexico’s Federal Electricity Commission (CFE) announces plans for a pilot project for green hydrogen production, to be powered by PV plant in Baja California. Source: Energia Debate  (In Spanish)

BMR Secures USD 88 Million Loan to Refinance Solar and Wind Project Debt

January 24, 2022

BMR Energy uses USD 88 million loan from CIBC FirstCaribbean International Bank and National Commercial Bank Jamaica Limited (NCB) to refinance the debt from its wind and solar photovoltaic independent power producers (IPP) in Jamaica, Grand Cayman, and Guatemala. Source: Jamaica Observer

InterEnergy Group Refinances its USD 42 Million PMGD Portfolio in Chile

January 24, 2022

InterEnergy Group is refinancing its combined wind and solar PMGD portfolio in Chile, worth USD 48.2 million through the private placement of bonds. Source: InterEnergy  

ACCIONA Energía Closes on Placement of a EUR 500 Million Green Bond

January 24, 2022

ACCIONA Energía closes a competitive, long-term placement of a EUR 500 million ten-year green bond issuance, with nearly 80% of the bonds allocated to sustainability-focused investors. Source: ACCIONA