The IDB provided Colombia a US$300 million loan for sustainable projects

July 27, 2022

Colombia received a US$300 million loan from the IDB for sustainable projects to reduce greenhouse gas emissions and create more jobs. The proceeds will be used to strengthen government policies in the agricultural, forestry, energy, and transportations sectors. Source: Latin Finance

Petrobas signed its first sustainability-linked loan for US$1.25 billion

July 27, 2022

Petrobas signed its first sustainability-linked loan for US$1.25 billion with plans to use the proceeds on projects to lower emissions. Source: Latin Finance

Unicoba issues US$23.2 million in local green bonds in Brazil

July 27, 2022

Unicoba, the Brazilian lithium battery and lighting manufacturer, issued US$23.2 million in local green bonds. Source: Latin Finance

The IDB will put up a guarantee for a bond sale by a sovereign issuer in the Caribbean by the end of the year

July 27, 2022

The IDB plans to put up another guarantee for a bond sale issued by a sovereign state in the Caribbean by the end of the year. Last month, they guaranteed US$200 million to support the Bahamas in the sale of US$385 million in bonds. Source: Latin Finance

Peru’s state-owned mortgage lender signs agreement for US$290 million credit line to finance green home loans

July 27, 2022

The state owned mortgage lender in Peru, Fondo Mivivienda, signed an agreement for a ten year credit line from JP Morgan for US$290 million to finance green home loans. Source: Latin Finance

Three Norwegian companies start construction on 531 MW solar farm in Brazil

July 27, 2022

Norwegian companies, Scatec, Equinor, and Hydro Rein team up to construct the 531 MW Mendubim solar farm in Rio Grande de Norte. Source: Renews.Biz

German development bank KfW will lend Colombia around US$200 million to help with their clean energy transition

July 27, 2022

Colombia will receive around US$200 million in a loan from German state-owned development bank KfW to support the country’s renewable energy transition. Source: Renewables Now

IFC issues a US$115 million sustainability-linked loan to Neoenergia Coelba

July 27, 2022

Neoenergia Coelba received a US$115 million sustainability-linked loan from IFC to improve the reliability of power supply to help strengthen the resilience of Brazil’s energy sector. Source: Press Room.IFC

The Government of Bermuda issued an RFP for rooftop solar PV systems for government buildings

July 27, 2022

The Government of Bermuda issued a Request for Proposals for rooftop solar PV systems for approximately 30 government-owned buildings. Source: Bernews