ESG LATAM Market News - New Energy Events

Isagén raises USD 94 million from bond placement for non-conventional renewable energy expansion
March 8, 2022
Isagén, the Colombian power company successfully raised US $94 million through a placement of ordinary bonds. The funds will be deployed for hydropower and non-conventional renewable energy expansion. Source: BN Americas
Atlas Renewable Energy secures USD 76 million loan to construct solar plant in Brazil
February 26, 2022
Global renewable energy generator, Atlas Renewable Energy, secured a $76 million loan to construct the Lar do Sol – Casablanca II solar plant in Minas Gerais. The funding came from Brazil’s Northeastern Bank’s Northeastern Constitutional Financing Fund. The plant will have an installed capacity of 239 MWp. Source: Energy Digital
Colombia signs MOU with Port of Rotterdam to supply hydrogen
February 26, 2022
Colombia signed a memorandum with the Port of Rotterdam to supply hydrogen. The Port of Rotterdam also formed green hydrogen agreements with Chile and Brazil, making Colombia the third point of supply. Source: Power Engineering International
Celeo Redes Brasil and Quinta Solar Energia to Develop 1.1 GW Solar PV Plant in Brazil
February 10, 2022
Power company, Celeo Redes Brasil and Solar Firm, Quinta Solar Energia will develop a 1.1 GW Solar PV plant in Piaui, Brazil. The development of the plant will cost around $832 million and includes 22 solar farms, each with a capacity of 50 MW. Source: List.Solar RenewablesNow
Shell and Gerdau Sign 50-50 Joint Venture to Develop Solar Farm in Minas Gerais
February 10, 2022
Shell, the oil and gas behemoth, and Gerdau, the Brazilian steelmaker, agreed to team up on a 50-50 joint venture to develop a solar farm in Minas Gerais, Brazil. The solar farm will have an installed capacity of about 260 MW. 50% of the power will supply Gerdau’s steelmaking units in Brazil, while Shell plans […]
The State of Ceará and Cactus Energia Verde Sign Agreement for USD 5.71 Billon Green Hydrogen Plant
February 10, 2022
The State of Ceará in Brazil signed a memorandum with Cactus Energia Verde, a Brazilian energy company, to develop a $5.71 billion green hydrogen plant in the port of Pecém. The project will use 3.6 GW of clean energy for production from the Uruquê PV solar park (2.4 GW) and the offshore wind farm, Umari […]
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
IFC Loans USD 60 Million to BBVA Peru for Green Building Finance Market
February 2, 2022
The International Finance Corporation (IFC) allocated USD 60 million in loans to BBVA Peru to support the launch of a financing market for green buildings in Peru. The loan is IFC’s first green project investment in Peru, supported by the Market Accelerator for Green Construction (MAGC) program. Source: LATAM Green (ES) Source: IFC (EN)
2021 Sustainable Finance Market Sets New Records
January 28, 2022
In 2021, over USD 1.6 trillion in sustainable debt was issued. The market also saw a 100% increase in green bond issuance from 2020 to 2021. Source: BNEF