ESG & Climate Finance Market News

U.S. Commits USD 12 Billion to Puerto Rico’s Energy Sector
February 2, 2022
The Biden Administration commits USD 12 billion in federal aid for Puerto Rico’s energy sector to strengthen the outdated electric grid. The US Departments of Energy, Homeland Security, and Housing and Urban Development will sign an agreement to ensure the alignment of federal investments with local policies – with all eyes on the goal of […]
Total Eren Commissions 92 MW Terra Santa and 67.5 MW Maral Wind Farms in Brazil
February 2, 2022
Total Eren, an IPP based in Paris, commissioned the Terra Santa and Maral wind farms in Rio Grande do Norte, Brazil. Both wind farms hold a 20-year PPA with the power generator, Cemig GT, and have a total investment of USD 154 million. Together, they will generate 730 GWh per year. Source: Total Eren
CAF to use $7 billion capitalization for recovery, renewables in Latin America
December 20, 2021
CAF, the Development Bank of Latin America, will use $7 billion in planned equity capitalization to back economic recovery and renewable energy development in the region. CAF president Sergio Diaz-Granados says he wants CAF to be the green bank of the region, stating, “the bank is not just for sustainable reactivation, but is thinking of […]