Sygnus launched a US$135 million Caribbean Community Resilience Fund (CCRF) in Jamaica last week. The CCRF is a 10-year impact investment fund with the possibility of two one-year extensions. It targets critical sectors such as renewable energy, blue economy, sustainable housing, ICT, transport, financial services, and climate-smart agriculture. Source: Jamaica Loop News
Banco do Brasil raised US$100 million through a triple sustainable repo with Natixis Corporate & Investment Banking. This deal is the first of its kind to combine three sustainable elements in a single transaction. The funds raised will support Banco do Brasil’s sustainability-linked debt framework, with a focus on refinancing its sustainable credit portfolio, particularly […]
CAF secured a US$216 million green line of credit from its French counterpart, AFD. The funding will be used to finance biodiversity and climate adaptation projects in Latin America. Source: Latin Finance
The Chilean government, through the agency Corfo, has announced a subsidy program offering up to US$10 million for the establishment of new electrolyser factories or assembly plants in the country. Source: Hydrogen Insight
Corfo has introduced two initiatives aimed at accelerating the growth of the green hydrogen sector in the country. The first initiative involves launching a Call for Proposals (RFP) to encourage the manufacturing and assembly of electrolyzers and their components within Chile. The second initiative, scheduled for June, entails the opening of a tender to establish […]
CECSA, a subsidiary of the National Electrical Transmission Entity (ENTE), has unveiled the first two hybrid power plants in El Salvador, integrating hydroelectric and photovoltaic generation. Situated in San Matías and San Luis, these plants collectively supply 5.1 MW into the national grid. Source: PV Magazine LATAM
The Chilean Ministry of National Assets initiated a bidding process for leasing public land in northern Chile for standalone energy storage projects. Six sites across Tarapaca, Antofagasta, and Atacama regions are available, along with specific substations at each site. Source: Renewables Now
Acciona Energia, in partnership with Grupo Pais, is developing a 63.35 MW solar project in the Dominican Republic. The Pedro Corto plant, expected to be operational by the end of 2025, will generate 189.07 GWh annually. Source: Renewables Now
Innergex has successfully launched its 35 MW San Andres BESS project in northern Chile’s Atacama Desert. Source: Renewables Now