Climate Finance - New Energy Events

Ecuador secures US$77 million IDB guarantee to boost private investment in solar and wind projects
June 26, 2025
The Inter-American Development Bank (IDB) has granted a US$77 million sovereign guarantee to Ecuador to encourage private investment in renewable energy projects. The support will help develop over 820 MW of new solar and wind capacity across up to 12 projects selected through a public bidding process led by the Ministry of Energy and Mines. […]
CAF Issues first blue bond, raising US$115.94 million for climate-resilient coastal development
June 13, 2025
CAF has launched its first-ever blue bond, raising US$ 115.94 million to support climate-resilient coastal development across the region. Underwritten by BNP Paribas Cardif, the 5-year bond will finance sustainable water management and marine ecosystem protection projects, with initial efforts in Brazil, Ecuador, and beyond. Source: CAF
Conolophus Project in Galapagos submitted to IDB Invest for financial evaluation
May 15, 2025
The Conolophus project in the Galapagos Islands, Ecuador, has been submitted to IDB Invest for financial evaluation. The project, developed by E-QUATOR Energy (a partnership between Gransolar and TotalEnergies), involves the creation of a 14.8 MWp photovoltaic plant on Baltra Island, alongside a 40.9 MWh battery energy storage system. Source: PV Magazine LATAM
IDB approves US$250 million loan for rural electrification and renewable energy mini-grids in Guatemala
May 15, 2025
The Inter-American Development Bank (IDB) has approved a US$250 million loan to finance the Rural Electrification Access Program in Guatemala, aimed at increasing electricity coverage in rural areas. The program includes developing mini-grids with renewable energy and energy storage systems, benefiting around 70,000 households Source: PV Magazine LATAM
Genneia to invest US$110 million in 130 MW San Juan Sur solar farm to meet industrial demand
May 15, 2025
Argentine power producer Genneia will invest US$110 million to build the 130 MW San Juan Sur solar farm in San Juan province, aimed at meeting the growing electricity demand from mining and industrial sectors. The farm is set to be operational by the second half of 2026. Source: Renewables Now
IDB Invest considers US$5 million loan for El Salvador’s 100 MW Metapan wind project
May 15, 2025
IDB Invest is considering a US$5 million loan to El Salvador’s state-owned utility CEL to finance the early-stage development of a 100 MW wind project in the northwest. The funds will cover technical, environmental, and social studies, as well as expenses for the Metapan wind farm’s development and the installation of meteorological towers. A decision […]
BNDES approves US$27.5 million for GreenYellow’s distributed solar projects in Brazil
May 15, 2025
BNDES has approved US$27.5 million to support GreenYellow’s distributed solar projects across Brazil. The funding will aid in the installation of 16 mini-generation plants with a total capacity of 31 MW in various states. Source: Renewables Now
Honduras considers debt-for-nature swaps and bond strategies to meet 2025 budget needs
April 10, 2025
Honduras is exploring new debt strategies for its 2025 budget, including debt-for-nature swaps, inspired by similar deals in Costa Rica, Ecuador, and El Salvador. Finance Minister Christian Duarte noted the government is prioritizing agreements with multilateral agencies but is also considering repackaging domestic bonds into international ones to diversify financing options. Source: Latin Finance
BNDES loans US$120.5 million for 121.5 MW in wind projects
March 27, 2025
BNDES approved a loan for US$120.5 million to support the development of 121.5 MW of Casa dos Ventos wind projects Source: Renewables Now