Guyana has signed a multi-year deal with the Hess Corporation to sell the US energy major high-quality carbon credits for US$750 million. A significant portion of the money from the deal will flow to indigenous communities. Source: Guyana Times
The IFC has granted US$25 million to the Inter-American Finance Bank of Peru for green construction, energy efficiency and climate-smart agribusiness projects. Source: PV Magazine LATAM
The IDB has approved two lines of credit to Uruguay and Argentina, one of US$150 million, and another of US$500 million. The loans will be used to meet the goals of the low-carbon energy transitions in both countries. Source: PV Magazine LATAM
Solarpack, the Spanish solar power developer, received a loan for US$133.6 million to develop two solar farms in Colombia with a combined capacity of 252 MW. Source: Renewables Now
Enel Americas is investing US$5 billion in the Latin American region with most of the investments going to Colombia and Brazil. They will exit Peru and Argentina in 2023 to focus on countries that are “more advanced” in their energy transition. Source: Renewables Now
Enel Colombia received loans totaling US$94.2 million to focus on bringing electricity to rural areas and to increase its renewable energy capacity while reducing thermal generation. Source: Renewables Now
CEPM, a division of InterEnergy is working to secure a green loan from Bank of America and a multilateral lender for renewable projects in the Dominican Republic. Source: Latin Finance
Genneia, the Argentinian power generation company is seeking to raise up to US$80 million through the sale of green bonds in the local market. Source: Latin Finance
Banco do Nordeste approved a loan for US$80 million to support the development of the 213 MW Caldeirao solar complex in northeast Brazil. Ibitu Energias will provide an additional US$61 million for the project. Source: Renewables Now
