ESG and Climate Financing - Page 2 of 3

Argentinian wind farm operator successfully places US$80 million in green bonds into local market
October 5, 2022
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
Engie SA secured a US$300 million loan from the IDB for a 296 MW wind farm in Peru
August 24, 2022
Engie SA secured a US$300 million loan from the Inter-American Development Bank for the 260 MW Punta Lomitas wind farm in Peru, a 36.4 MW expansion, and a 60 km power line that will connect the plant to the national grid. Source: Renewables Now
IDB boosts ESG bond campaign in Latin America and the Caribbean with US$1 billion pipeline
July 14, 2022
IDB Invest pushes for ESG bond campaign in Latin America and the Caribbean with US$1 billion pipeline, equivalent to about 60% of the ESG bonds that IDB Invest has participated in over the past six years. Source: Bloomberg
VH Global Sustainable Energy Opportunities Plc raises US$148.4 million in share placement
July 13, 2022
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
BNDES announces program to finance pilot projects for the production or use of green hydrogen
July 13, 2022
BNDES announced a new program to finance pilot projects for the production or use of green hydrogen. The maximum amount of funding is around US$17 million, and the bank plans to expand its financing lines to support larger-scale green hydrogen projects soon. Source: EPBR
BBVA Mexico plans to raise US$510.3 million through the sale of four-year sustainable bonds
June 15, 2022
BBVA Mexico plans to sell four-year sustainable bonds to raise US$510.3 million. The bank will price the bonds at the TIIE interbank lending rate. Source: Latin Finance
Argentinian agribusiness, Cresud will sell at least US$20 million in 33-month dollar-denominated bonds in the local market
June 15, 2022
Cresud, a leading agriculture business in Argentina, will sell at least US$20 million in 33-month dollar-denominated bonds in the local market. Source: Latin Finance
IDB Invest provides US$250 million in financing to Uruguay for improvements on railroad line that connects Montevideo and Paso de Los Toros
June 15, 2022
IDB Invest will provide US$250 million in financing for a PPP in Uruguay to improve the railroad line that connects Montevideo and Paso de Los Toros. IDB Invest will provide the funds through a “B” bond transaction, its largest such bond to date. Source: Latin Finance
Chile rejects Mitsui and Shell’s plans for a US$650 million power plant in the Atacama desert
June 15, 2022
Chile’s government rejected plans from Mitsui and Shell to build a US$650 million power plant that would run on liquefied natural gas in the Atacama desert. Construction on the project would have started this year. However, after reviewing fifteen objections, a group of Ministers rejected the project on fears that it would threaten the local […]