ESG & Climate Finance Archives - Page 32 of 36

2021 Sustainable Finance Market Sets New Records
January 28, 2022
In 2021, over USD 1.6 trillion in sustainable debt was issued. The market also saw a 100% increase in green bond issuance from 2020 to 2021. Source: BNEF
Colombia Unveils USD 19 Million Guajira 1 Wind Farm
January 25, 2022
Colombia recently inaugurated the country’s largest wind farm, Guajira 1, which expects to generate around 20MW and had a total investment of about USD 19 million. Elecnor constructed the Guajira 1 wind farm, the first of 16 wind farms to be developed in the area. Source: Power Info Today
IDB Invest Allocates USD 24 Million to Soleco for Solar Photovoltaic Development
January 25, 2022
IDB Invest committed USD 24 million to Soleco Energy (Jamaica) Limited to develop solar photovoltaic plants in Jamaica. The financing will come from a Senior A Loan and other blended finance sources, like the Clean Technology Fund. Source: Soleco Energy
BMR Secures USD 88 Million Loan to Refinance Solar and Wind Project Debt
January 24, 2022
BMR Energy uses USD 88 million loan from CIBC FirstCaribbean International Bank and National Commercial Bank Jamaica Limited (NCB) to refinance the debt from its wind and solar photovoltaic independent power producers (IPP) in Jamaica, Grand Cayman, and Guatemala. Source: Jamaica Observer
InterEnergy Group Refinances its USD 42 Million PMGD Portfolio in Chile
January 24, 2022
InterEnergy Group is refinancing its combined wind and solar PMGD portfolio in Chile, worth USD 48.2 million through the private placement of bonds. Source: InterEnergy
ACCIONA Energía Closes on Placement of a EUR 500 Million Green Bond
January 24, 2022
ACCIONA Energía closes a competitive, long-term placement of a EUR 500 million ten-year green bond issuance, with nearly 80% of the bonds allocated to sustainability-focused investors. Source: ACCIONA
BNP Paribas SA Estimates USD 880 billion in Green Bond Sales Worldwide
January 19, 2022
Latin America is estimated to be the world’s largest developing issuer of new ESG debt. BNP Paribas SA, one of the largest underwriters of ESG (Environmental, Social and Governance)-linked bonds, projects USD 880 billion in green bond sales worldwide, including USD 265 billion from emerging markets in 2022. Around 40% of all Latin American bond […]
CORFO Provides USD 10 Million to ENGIE SA for the Development of the First Green Ammonia Production Plant in Chile
January 17, 2022
CORFO has chosen six of the twelve proposals presented in their first call for applications to develop green hydrogen production plants in Chile. The projects will receive total development contributions of US$50 million. The proposals include the development of the first green ammonia production plant in Chile. Source: International Mining
CARICOM Commissions a 400 KW Solar PV and Storage System in Guyana
January 14, 2022
CARICOM will produce solar-generated electricity soon after commissioning a 400-kilowatt solar photovoltaic power generation plant and battery power conditioning system on their compound in Liliendaal, Greater Georgetown. The Japanese government funded the USD 7 million project consisting of 1,500 solar panels, servers, batteries, a carport, and space for educational/recreational activities. In the future, CARICOM expects […]