ESG & Climate Finance News

March 17, 2022

Wigton Windfarm Limited acquires 21% stake in Flash Motors Company Limited

Wigton Windfarm Limited, the energy facility in Jamaica, acquired a 21% stake in Flash, a holding company registered in St. Lucia. The deal also…

March 15, 2022

CAF approves two loans of USD 600 million to Colombia to support climate action measures

CAF authorizes two loans of $600 million to Colombia to support climate action measures. In addition, CAF approved external financing with a sovereign…

March 15, 2022

CAF announces shareholder approval for a capital increase of USD 7 billion

CAF Development Bank of Latin America announced the approval by shareholders for a capital increase of $7 billion, which will double the…

March 8, 2022

Isagén raises USD 94 million from bond placement for non-conventional renewable energy expansion

Isagén, the Colombian power company successfully raised US $94 million through a placement of ordinary bonds. The funds will be deployed for…

February 26, 2022

Guyana shifts towards a low carbon transportation infrastructure to reduce the demand for imported fossil fuels

Guyana shifts towards a low carbon transportation infrastructure to reduce the demand for imported fossil fuels and plans to install fast-charging…

February 26, 2022

Atlas Renewable Energy secures USD 76 million loan to construct solar plant in Brazil

Global renewable energy generator, Atlas Renewable Energy, secured a $76 million loan to construct the Lar do Sol – Casablanca II solar plant in…

February 26, 2022

Barbados Prime Minister proposes Regional Renewable Energy Fund

The Prime Minister of Barbados, Mia Mottley, proposed the establishment of a regional renewable energy fund to finance the transition towards net…

February 15, 2022

IFC Adds Eastern Caribbean Central Bank to its Sustainable Banking and Financing Network

The International Finance Corporation (IFC) added the Eastern Caribbean Central Bank (ECCB) as a new member of the IFC-facilitated Sustainable Banking…

February 11, 2022

Quaise Energy Raises USD 63 Million For New Geothermal Drilling Technology

The geothermal start-up Quaise Energy has raised $63 million to deploy a new drilling technology to unleash the earth’s hardest-to-reach heat…