Climate Finance - Page 12 of 25

Solarpak recieves loans for US$133.6 million to develop two solar farms in Colombia
December 8, 2022
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 will invest US$5 billion into the region, with most of the investments going to Colombia and Brazil
December 8, 2022
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 secures loans totaling US$94.2 million to advance rural electrification and build new renewable and electrical substations
December 8, 2022
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 works to secure green loans for renewable projects in the Dominican Republic
November 17, 2022
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 plans to raise up to US$80 million through the sale of green bonds
November 17, 2022
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
BNB in Brazil approved a loan for US$80 to support the construction of a 213 MW solar complex in the northeast
November 17, 2022
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
Mexican bottling company, Coca-Cola Femsa, sells US$300 million of social-sustainable bonds in local market
October 19, 2022
Coca-Cola Femsa, the Mexican bottling company, has sold US$300 million of social-sustainable bonds in the local market. They will use the money to focus on financing local community development projects. Source: Latin Finance
Banco International in Ecuador plans to issue a blue bond with support of the IFC
October 19, 2022
Banco International in Ecuador is planning to issue a blue bond following a subscription agreement for up to US$40 million from the IFC. If approved, it will be the first bond of its kind issued by the private sector in LAC. Source: El Universo
Guyana, alongside the IDB, signed a financing agreement with the Norwegian Agency for Development Cooperation to invest in eight photovoltaic projects
October 5, 2022
Guyana, alongside the IDB, signed a financing agreement for around US$83.3 million with the Norwegian Agency for Development Cooperation to invest in eight photovoltaic projects totaling 33 MW with 34 MWh energy storage systems. Source: PV Magazine LATAM