ESG & Climate Finance News

June 23, 2023

EU to invest US$2.2 billion into Brazil’s green hydrogen production

The European Commission will invest US$2.2 billion to support the production of green hydrogen and promote energy efficiency in Brazil. Source:…

June 8, 2023

Solek Holding raises US$379 million to fund its solar PV portfolio in Chile

Solek Holding raised around US$178 million from a 20 year bond issuance, and around US$200 million from other forms of borrowing to finance its solar…

June 8, 2023

Engie Brasil Energia SA sells off its last coal-fired plant in Brazil

Engie Brasil Energia SA sells its 345 MW coal-fired plant for US$89 million. This was the last of its coal fired plants in Brazil. Source: Renewables…

June 8, 2023

EIB loans US$215.2 million to Sicredi to implement solar energy in residential homes, small businesses, and rural areas

The European Investment Bank provided Sicredi, a Brazilian cooperative financial institution, with a loan for US$215.2 million for the implementation…

May 26, 2023

Neoenergia receives sustainability-linked loan from the IFC to supply renewable energy to São Paulo and Mato Grosso do Sul

Brazilian power company, Neoenergia, received a loan of US$160 million to supply renewable energy to São Paulo and Mato Grosso do Sul. Source: Latin…

May 26, 2023

BlackRock’s Global Renewable Power Fund III acquires a distributed solar project portfolio in Chile

BlackRock’s Global Renewable Power Fund III acquired a 97 MWp distributed solar project portfolio in Chile that includes small-scale solar projects.…

May 11, 2023

Ecuador launches world’s largest debt for nature swap

Ecuador successfully places a new blue bond that will provide US$12 million a year to the conservation of the Galapagos Islands. The US$656 million…

May 11, 2023

Mexico sell US$829.7 million in ESG bonds

Mexico places US$829.7 million in ESG bonds in the local market to finance sustainable development projects. Source: Latin Finance

April 27, 2023

The Chinese Development Bank gives BNDES a US$1.3 billion credit line for infrastructure projects

BNDES received a credit line of US$1.3 billion from the Chinese Development Bank for investments in energy and infrastructure projects.  Source:…