ESG & Climate Finance News

January 14, 2022

CARICOM Supplies Guyana Power and Light with Surplus of Solar Energy

CARICOM will produce solar-generated electricity soon after Guyana commissioned a 400-kilowatt solar photovoltaic power generation plant and battery…

January 14, 2022

Matrix Renewables Closes Financing for 328-MW Solar Dispersed Generation Portfolio in Chile

Matrix Renewables, a Madrid-based renewable energy platform backed by the global alternative asset manager, TPG, closed a non-recourse, long-lasting…

January 14, 2022

MPC Energy Solutions Begins Development on El Salvador Solar Plants

MPC Energy Solutions (MPCES) closed the financial deal with a local lender, Banco Agricola, for the Santa Rosa & Villa Sol solar photovoltaic (PV)…

January 14, 2022

Ecopetrol Commits USD 50 Million in Projects to Decarbonize its Activity

The Colombian gas company, Ecopetrol, expects to commit USD 50 million in projects to decarbonize its activity, one of the most marked by the…

January 11, 2022

RUBiS Energy Jamaica will Acquire 80 Percent of Photosol France

RUBiS Energy Jamaica will complete a £1.2 million deal and acquire 80% of the solar energy company Photosol France. The agreement will allow RUBiS to…

January 5, 2022

Bank fees for green debt surpass fossil-fuel financing

For the first time since the 2015 Paris Climate Agreement banks earned more through green-related bond sales and loans than through helping fossil…

January 4, 2022

Banks look for mandates to finance Caribbean renewable energy projects

Caribbean commercial and investment banks, once hesitant, are now moving aggressively to finance clean energy projects across the region. Source:…

December 28, 2021

The World Bank approves US$300 million loan to support Colombia’s resilience to disasters, climate change and health emergencies

The World Bank approved the Third Disaster Risk Management Development Policy Loan with a Cat DDO III, a US $300 million loan to aid in strengthening…

December 28, 2021

IDB closes year with nearly US$20 billion in new financing for the Caribbean and Latin America

The Inter-American Development Bank (IDB) and its private-sector arm, IDB Invest predict they will end 2021 with $19.5 billion in new investments for…