ESG & Climate Finance Archives - Page 16 of 36

Genneia secures a loan for up to US$85 million to fund wind and solar projects in Argentina
March 2, 2023
Genneia, the Argentinian power company, signed a loan agreement to procure up to US$85 million to fund the construction of wind and solar projects in Argentina. The company will receive the loan from the Dutch development bank FMO and Development Finance Institute Canada (FinDev). Source: Renewables Now
BNDES approved a US$2.2 million loan in additional funding to Albioma Codora Energia for the development of a a new biogas production line at an existing facility
March 2, 2023
The Brazilian Development Bank (BNDES) approved a US$2.2 million loan to help fund a new biogas production line at an existing facility in Goianesia, Goias state. The new financing is an additional loan to Albioma Codora Energia, all of which will cover 83% of the total cost of the project. Source: Renewables Now
Suriname plans to phase out subsidies for gas, electricity, and fuel
February 15, 2023
The Suriname governments plans to phase out subsidies for gas, electricity, and fuel to reduce expenditures and follow IMF’s guidelines. Source: Caribbean National News
Genneia SA issued US$73 million in green bonds to finance wind and solar projects
February 15, 2023
Argentinian power producer, Genneia SA, issued US$73 million in green bonds to raise money for the construction of the 103.5 MW La Elbita wind farm project in Buenos Aires and the 60 MW Tocota III solar PV project in San Juan. Source: Renewables Now
Brazil is gearing up to issue its first sovereign green bond
February 1, 2023
According to Sustainable Fitch, Brazil can count on solid demand from investors when they place their first sovereign green bond. Source: Latin Finance
Aguakan sells US$74.2 million worth of blue bonds in the local market in Mexico
February 1, 2023
The Mexican water utility, Aguakan, sold US$74.2 million worth of blue bonds in the local market. Source: Latin Finance
Republic Bank launches social investment program, PMAD, in the Eastern Caribbean
February 1, 2023
Republic Bank launches their 2023 social investment program, Power to Make a Difference (PMAD) and unveils the sixteen partners who work with Republic Bank to spearhead social transformation in the Eastern Caribbean region. Source: The Voice SLU
ViaMobilidade, the Brazilian public transit company, places the largest sale of green bonds in the local market
January 18, 2023
Brazilian public transit company, ViaMobilidade, places the largest sale of green bonds in the local market as part of a US$885 million financing package. Source: Latin Finance
BNDES approves loan of US$655.8 million to support the development of 1.5 GW of wind and solar energy projects in Bahia and Minas Gerais
January 18, 2023
BNDES approves US$655.8 million loan to support the development of the 846-MW Serra do Assurua and 423-MW Novo Horizonte wind complexes, and the Boa Sorte solar photovoltaic (PV) complex in Bahia and Minas Gerais. Source: Renewables Now