ESG and Climate Finance - Page 11 of 16

BlackRock’s Global Renewable Power Fund III acquires a distributed solar project portfolio in Chile
May 26, 2023
BlackRock’s Global Renewable Power Fund III acquired a 97 MWp distributed solar project portfolio in Chile that includes small-scale solar projects. Source: Renewables Now
Ecuador launches world’s largest debt for nature swap
May 11, 2023
Ecuador successfully places a new blue bond that will provide US$12 million a year to the conservation of the Galapagos Islands. The US$656 million debt-for-nature deal has been dubbed the “Galapagos Bond” and will run until 2041. Source: Reuters
Mexico sell US$829.7 million in ESG bonds
May 11, 2023
Mexico places US$829.7 million in ESG bonds in the local market to finance sustainable development projects. Source: Latin Finance
The Chinese Development Bank gives BNDES a US$1.3 billion credit line for infrastructure projects
April 27, 2023
BNDES received a credit line of US$1.3 billion from the Chinese Development Bank for investments in energy and infrastructure projects. Source: Latin Finance
IDB sells US$373 million worth in sustainable bonds
April 27, 2023
IDB sells US$373 million worth of five-year sustainable bonds in the sterling market. Source: LatinFinance
Enerfin secures a US$66.2 million loan for a 129 MW solar project in Colombia
April 27, 2023
Enerfin, the renewables arm of Elecnor SA, secured a US$66.2 million loan from Banco de Bogota and Banco de Occident for a 129 MW solar PV project in Colombia. Source: Renewables Now
BNDES signs largest financing agreement for DG renewable energy projects
April 12, 2023
BNDES granted a US$137.98 million loan to Alsol Energias Renovaveis SA to support 144 MW of distributed generation (DG) solar projects in Brazil. Source: Renewables Now
BNDES approves loan for US$179.95 million to construct four wind parks totaling 202.5 MW
April 12, 2023
BNDES approved a US$179.95 million loan to support Casa dos Ventos with the construction of four wind farms with a total capacity of 202.5 MW. Source: Renewables Now
Brazil plans to invest US$9.51 billion in transmission lines to aid in the integration of more solar and wind power
March 31, 2023
The Ministry of Energy in Brazil announced plans to invest US$9.51 billion in transmission lines to enable the integration of more wind and solar power. The government plans to up the amount of hybrid renewable energy complexes in the Northeast region. Source: Renewables Now