Luz de Tres Picos, an Argentine wind farm operator, successfully placed US$80 million in two-year green bonds in the local market. Source: Latin Finance
Santander will loan Makro Atacadista around US$22 million after the supermarket committed to reducing food waste. Makro Atacadista can use the funds for any purpose, but interest rates will decrease if the supermarket chain meets the goals of donating food and reducing food waste. Source: Capital Reset
In what Prime Minister Mia Mottley has described as a game-changing transaction, Barbados has announced a $150m debt-for-nature swap. Managed by Credit Suisse and CIBC FirstCaribbean, the deal will free up about US$50 million in the next 15 years by buying back a portion of its US$531 million bond due in 2029. They are replacing […]
The IDB has increased its latest sale of sustainable bonds to US$3 billion after investors placed around US$3.7 billion in orders. Source: Latin Finance
Jujuy, the Argentine province, is looking to procure financing from the Export-Import Bank of China to expand its 300 MW Cauchari solar farm. Source: Latin Finance
Genneia, one of the largest Argentinian renewable power companies, plans local and international financing package to fund the construction of four new power plants, which will cost around US$300 million. Source: Latin Finance
Mexico placed US$550 million worth of sustainable bonds in Japan, becoming the first Latin American country to place sustainable bonds in Japan. Source: Latin Finance
The Alliance of Small Island Developing States (AOSIS) is lobbying to include loss and damage finance as an agenda item at the upcoming global climate talks. Source: Jamaica-Gleaner
According to the IFC, based on a report by the Sustainable Banking Network (SBN), Brazil, Colombia, and Mexico are leading the way in promoting sustainable finance in the Latin American region. Source: America Economia
