Guyana will promote climate-resilient renewable energy sources as a part of the IDB’s energy matrix diversification. The IDB will provide the island with a non-reimbursable investment financing of up to US$83 million with funds from the Norwegian Agency for Development Cooperation. Source: Caribbean National Weekly
Uruguay releases its long-term strategy for the production and export of green hydrogen and its derivatives. Source: GUB.uy
Chile took the first steps in adopting green hydrogen as a fuel for operations at the Merino Benítez International Airport (Santiago International Airport). Air Liquide is working with the airport operator, Nuevo Pudahuel, on the study’s development. Source: Airport Technology
BBVA Mexico plans to sell four-year sustainable bonds to raise US$510.3 million. The bank will price the bonds at the TIIE interbank lending rate. Source: Latin Finance
Cresud, a leading agriculture business in Argentina, will sell at least US$20 million in 33-month dollar-denominated bonds in the local market. Source: Latin Finance
IDB Invest will provide US$250 million in financing for a PPP in Uruguay to improve the railroad line that connects Montevideo and Paso de Los Toros. IDB Invest will provide the funds through a “B” bond transaction, its largest such bond to date. Source: Latin Finance
Argentina will borrow US$400 million from The World Bank for agricultural infrastructure investments to encourage farm output in the north, boost the incomes of small farmers, and improve food security across the nation. The government will also provide US$100 million in credit, and the private sector will give US$50 million. Source: Latin Finance
Chile’s government rejected plans from Mitsui and Shell to build a US$650 million power plant that would run on liquefied natural gas in the Atacama desert. Construction on the project would have started this year. However, after reviewing fifteen objections, a group of Ministers rejected the project on fears that it would threaten the local […]
Mexico’s Federal Electricity Commission (CFE) is looking for a partner to help with its green hydrogen pilot plant. Source: Forbes