Petrobas signed its first sustainability-linked loan for US$1.25 billion with plans to use the proceeds on projects to lower emissions. Source: Latin Finance
The state owned mortgage lender in Peru, Fondo Mivivienda, signed an agreement for a ten year credit line from JP Morgan for US$290 million to finance green home loans. Source: Latin Finance
Colombia will receive around US$200 million in a loan from German state-owned development bank KfW to support the country’s renewable energy transition. Source: Renewables Now
Neoenergia Coelba received a US$115 million sustainability-linked loan from IFC to improve the reliability of power supply to help strengthen the resilience of Brazil’s energy sector. Source: Press Room.IFC
CAF and the Green Climate Fund (GCF) partner to finance US$150.2 million in small-scale renewable energy, energy efficiency, forestry, and climate-smart agriculture projects, focusing on inclusive gender investments in Chile, Ecuador, Panama and Peru. Source: BN Americas
Renewable investor VH Global Sustainable Energy Opportunities Plc raised US$148.4 million from a share placement. The fund is targeting investment in multiple sustainable energy infrastructure opportunities. Source: Renewables Now
BBVA Mexico placed a US$5 million sustainable bond, making them the first private bank to issue a sustainable bond in the country. Source: Hablemos de Dinero
Mirova recently acquired a renewable energy projects finance company, SunFunder, and plans to launch a US$500 million solar energy debt financing fund to target about 70 projects in Africa, Asia, and Latin America. Source: Real Assets
