EDF Renewables do Brasil signs a protocol of intent with the Government of the Brazilian state of Paraiba to expand its Serra do Serido wind project with an installation of 237.5 MW. The company will invest US$208 million in the expansion. Source: Financial Eye News
The Bahamas successfully places a multi-million dollar blue bond in the international capital markets. The government said the US$385 million dual-tranche debt offering was oversubscribed. Source: Caribbean Loop News
At the Summit of the Americas, CABEI and other regional multilateral organizations like the IDB, CAF, and CDB announced they will invest US$50 billion to support climate change action in the LAC region over the next five years. Source: BCIE
USAID and the Canadian government announced financial aid to Latin America and the Caribbean. Canada will give US$112 million in financial aid, and USAID will supply US$331 million for humanitarian and long-term development assistance. Source: Caribbean Loop News
EnerVenue signs MoU with Sonnell Power Solutions to procure and launch 40 MWh of EnerVenue’s EnerStation battery systems in 2023. The battery systems will support the industrial sector in Puerto Rico. Source: PV Magazine
Three companies are interested in procuring a 130 day contract to determine the economic viability and future of the 100MW Laguna Colorada geothermal project in Bolivia. Source: BNAmericas
The Brazilian development bank (BNDES) will focus on infrastructure projects but seeks smaller stakes in each to distribute capital to more projects. They are also trying to attract private sector banks to this non-recourse project finance model. Source: BNAmericas
The Community Energy Resilience Initiative (CERI) is celebrating its first three microgrid solar and storage systems in Puerto Rico. The microgrids are located at a pharmacy, a nonprofit organization, and a fueling station. Source: RMI
The Mexican water authority, Conagua, launched a tender to rehabilitate the Venustiano Carranza dam, also known as Don Martín, in Coahuila state. Source: BNAmericas