Climate Financing - New Energy Events

The Bahamas launches EOI to participate in the Bahamas Resilient Infrastructure Fund and the Renewable Energy Fund
July 19, 2023
With the support of the IDB, the Government of the Bahamas is inviting qualified firms and persons to express their interest in participating in the Bahamas Resilient Infrastructure Fund (BRIF) and the Renewable Energy Fund (REF). Source: Dev Business
The EU launches a US$243 million green hydrogen fund in Chile
June 23, 2023
The European Commission launched a US$243 million green hydrogen fund initiative in Chile that includes a technical assistance program with a budget of US$4.4 million from the EU and the German Federal Ministry of Economics and Climate Protection. There is also a fund of around US$237 million, which will provide financing for renewable hydrogen production […]
CDB approves US$17 million in financing for geothermal project in Nevis
December 22, 2022
The CDB approved US$17 million in financing for the development of the geothermal project in Nevis. The project’s aim is to reduce electricity costs and carbon emissions, and increase energy security. Source: Caribbean News Service
Mexican real estate investment trust, Fibra Macquarie, receives sustainability-linked loan for US$150 million
December 22, 2022
Mexican real estate investment trust, Fibra Macquarie, has received US$150 million in sustainability linked financing. The first part of the financing is worth US$75 million and will be distributed over a four-year term loan. Then an equal amount in a three-year revolving credit line will be distributed. Source: Latin Finance
IDB approves a US$1 billion line of credit for investments boosting productivity and sustainable development in Chile
December 22, 2022
The IDB approved a line of credit for US$1 billion towards investment projects in Chile that will aid in boosting productivity and sustainable development. The first disbursement of the 25-year loan – US$400 million, was already authorized. Source: Latin Finance
AOSIS in support of the creation of a multilateral fund that will help with the cost of responses associated with climate change
November 17, 2022
The Alliance of Small Island States (AOSIS) is in support of the creation of a multilateral fund that will enable developing countries to afford the cost of responses to loss and damage associated with climate change. Source: Jamaica Gleaner
IDB Invest to loan up to US$60 million to Costa Rican lender for green projects
November 3, 2022
IDB Invest is gearing up to grant an A/B loan for up to US$60 million to provide financing for green projects to the Costa Rican lender, Davivienda. Source: Latin Finance
BNDES approves loan for US$130.2 million to support the development of 288 MW of wind parks
November 2, 2022
The Brazilian Development Bank (BNDES) will loan local developer, Casa dos Ventos, US$130.2 million to support the construction of 288 MW of wind parks. Source: Renewables Now
Brookfield Renewable and Stonefield will invest US$1 billion into the InterEnergy Group
October 19, 2022
Brookfield Renewable and Stonepeak partner to invest up to US$1 billion into the InterEnergy Group over the next four years. InterEnergy Group has operations in the Dominican Republic, Panama, Jamaica, Chile and Uruguay. Source: Renewables Now