ESG & Climate Finance News

January 19, 2024

The Bahamas secures US$500 million loan backed by an IDB guarantee

The Bahamas has finalized a US$500 million 10-year commercial loan backed by an Inter-American Development Bank (IDB) guarantee. The loan will be used…

January 4, 2024

Sudene loans US$20.4 million to solar power producer for the development of a 40 MW project in the Minas Gerais state of Brazil

Brazil’s Superintendency for the Development of the Northeast (Sudene) loaned solar power producer, Jaiba CE Energias Renovaveis, US$20.4…

December 21, 2023

EIB and BNDES team up to finance renewable projects

The European Investment Bank (EIB) and the Brazilian Development Bank (BNDES) are currently exploring co-financing options for renewable energy…

December 21, 2023

The World Bank invests US$225 million into new project in the Dominican Republic

The World Bank has approved a new project in the Dominican Republic aimed at enhancing the electricity sector and reducing high distribution losses.…

December 7, 2023

BNDES approves US$447.8 million loan to support the construction of a solar complex by Atlas Renewable Energy

The Brazilian Development Bank (BNDES) has approved a loan of US$447.8 million to support the construction of a 768 MW solar complex developed by…

December 7, 2023

BNDES approves US$46.3 million in loans to support the development of two biomethane plants in in Sao Paulo

The Brazilian Development Bank (BNDES) has approved approximately US$ 46.3 million in loans to Essencis Biometano SA and Cocal Energia PPT…

November 26, 2023

Climate Investment Funds (CIF) endorses Costa Rica’s US$70 million electrical grid modernization plan

Climate Investment Funds (CIF) allocated an initial US$45 million to Costa Rica’s US$70 million plan to modernize its electrical grid to enable the…

November 26, 2023

Grenergy Renovables SA secures US$157 million loan from Banco Santander SA for renewable energy projects

Spanish renewables developer-operator, Grenergy Renovables SA secured a loan for US$157 million loan from Banco Santander SA to fund renewable energy…

November 26, 2023

The European Union pledges funding for a 10 GW green hydrogen and ammonia complex in Brazil

The European Union announced their support and pledged funding for a 10 GW green hydrogen and ammonia complex in the Brazilian state of Piaui. Source:…