ESG & Climate Finance Archives - Page 29 of 36

Barranquilla, Colombia signs MoU for construction of 350 MW offshore wind farm
March 29, 2022
The city of Barranquilla in Colombia signed an MoU with a subsidiary of Copenhagen Infrastructure Partners to construct a 350MW offshore wind pilot project. If successful, the project will be the first offshore wind farm in Latin America. Source: Renews.Biz
The Republic of Chile issued the world’s first sovereign sustainability-linked bond
March 29, 2022
The Republic of Chile issued the world’s first sovereign sustainability-linked bond, a US$2 billion 4.35% note due March 2042. The bond was listed on the London Stock Exchange’s International Securities Market and Sustainable Bond Market. Source: The London Stock Exchange
El Salvador to issue bitcoin bonds through geothermal company, LaGeo
March 29, 2022
El Salvador will use LaGeo, the state-owned geothermal company, to issue bitcoin bonds. The plan foresees the bonds to go to the market between May and July. Source: Think Geo Energy
Banco Popular Dominicano approves green bond issue of USD 45 million
March 29, 2022
The Banco Popular Dominicano approved the issuance of a US$45 million green bond to finance new renewable energy, electro-mobility, and eco-efficiency projects. Source: Bloomberg Linea
The Dominican Republic’s Ministry of Mines and Energy signs three PPA’s for 128 MW of solar and biomass projects
March 17, 2022
The Dominican Republic’s Ministry of Mines and Energy signed three PPA’s for 128 MW for two solar parks with a combined capacity of 93 MW and one biomass-based project of 35 MW. The overall investment for the plants will be $197 million. Source: Renewables Now
IDB issues EOI to help support GPL’s shift to modernize Guyana’s grid
March 17, 2022
The IDB issued a call for expressions of interest to help support Guyana Power & Light’s shift towards grid modernization. The efforts include assisting with GPL’s smart grid deployment to incorporate intermittent renewable energy systems. Source: BN Americas
RESEMBID funds seven sustainable development projects with grants totaling USD 3 million
March 17, 2022
The Caribbean Overseas Countries and Territories (OCTs) Resilience, Sustainable Energy, and Marine Biodiversity Programme (RESEMBID) are funding seven sustainable development projects in the Caribbean, with grants totaling $3 million. They awarded grants to the Cayman Islands, Anguilla, St. Maarten, CARILEC, and ACS. Source: Caribbean Loop News
Wigton Windfarm Limited acquires 21% stake in Flash Motors Company Limited
March 17, 2022
Wigton Windfarm Limited, the energy facility in Jamaica, acquired a 21% stake in Flash, a holding company registered in St. Lucia. The deal also grants them an equivalent share in Flash’s wholly-owned subsidiary Flash Motors Company Limited. Flash Motors plans to sell electric vehicles in Jamaica, Trinidad & Tobago, and Guyana. Source: Jamaica Gleaner
CAF approves two loans of USD 600 million to Colombia to support climate action measures
March 15, 2022
CAF authorizes two loans of $600 million to Colombia to support climate action measures. In addition, CAF approved external financing with a sovereign guarantee of up to $1.2 billion to finance investment initiatives that will fulfill the Sustainable Development Goals of Colombia. Source: World Today News