ESG and Climate Finance - Page 14 of 16

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
Barbados is first Caribbean nation to receive funding from the IMF’s US$45 billion Resilience Trust
October 19, 2022
Barbados is the first nation in the Caribbean that will receive money from the US$45 billion IMF Resilience Trust. They will receive US$183 million for climate-focused spending. Source: ProPublica
Toyota’s financing division in Mexico received a loan from BBVA to fund loans for hybrid vehicles
October 5, 2022
Toyota’s financing division in Mexico received a green loan for US$225 million from a local branch of the Spanish bank, BBVA, to fund loans for hybrid vehicles. Source: Latin Finance
Banco do Brasil will provide US$80 million in debt financing to Lightsource bp for its Milagres Solar project
October 5, 2022
Lightsource bp will receive US$80 million in debt financing from Banco do Brasil through the Northeast Development Fund to fund its Milagres Solar Project. Source: PV Magazine LATAM
Makro Atacadita commits to reduce food waste in order to receive loan from Santander for around US$22 million
October 5, 2022
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
The IDB increases its sale of sustainable bonds to US$3 billion
September 21, 2022
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
CC&L Infrastructure and CarbonFree Technology refinance approximately US$360 million of debt on their portfolio of utility-scale solar projects in Chile
August 24, 2022
CC&L Infrastructure and CarbonFree Technology successfully refinanced US$360 million in debt making it one of the largest solar project private placements in Chile. Source: Newswire
Repsol SA and partner secure a US$118 million loan for a 165.3 MW wind farm in Chile
August 24, 2022
Repsol SA, a Spanish energy group and its partner, Grupo Ibereolica Renovables, secured a US$118 million loan for the construction and operation of a 165.3 MW wind farm in Chile. Source: Renewables Now