Caribbean ESG

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 

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

Colombian power company, Celsia, plans to sell US$53.4 million worth of green bonds

February 1, 2023

Colombian power company, Celsia, receives approval to place US$52.4 million worth of green 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