ESG - Page 11 of 16 - New Energy Events

The World Bank to lend US$400 million to Argentina for agricultural infrastructure investments
June 15, 2022
Argentina will borrow US$400 million from The World Bank for agricultural infrastructure investments to encourage farm output in the north, boost the incomes of small farmers, and improve food security across the nation. The government will also provide US$100 million in credit, and the private sector will give US$50 million. 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 […]
Bosch North America to invest US$1.3 billion in green hydrogen technology
June 15, 2022
Bosch North America announces it will invest US$1.3 billion into hydrogen technology by 2025 to adapt to the changing mobility landscape. Source: Forbes
The US and Caribbean form PACC 2030 initiative to strengthen climate resilience and energy security
June 15, 2022
At the Summit of the Americas, the US announced a new initiative – PACC 2030 – to address the climate crisis in the Caribbean. The new initiative will aid in the integration of climate adaptation and resilience and the development of clean energy programs, as well as strengthening energy security. Source: WhiteHouse.gov
SPIC Brasil aquires 70% of Canadian Solar’s projects in Brazil
June 15, 2022
SPIC Brasil will acquire a 70% stake in Canadian Solar’s 738 MW of solar projects in Brazil. Source: Mercom Capital
The Bahamas successfully places a US$385 million bond into international capital markets
June 15, 2022
The Bahamas successfully places a multi-million dollar blue bond in the international capital markets. The government said the US$385 million dual-tranche debt offering was oversubscribed. Source: Caribbean Loop News
CABEI and other regional multilaterals commit to US$50 billion to support climate change action across LAC.
June 15, 2022
At the Summit of the Americas, CABEI and other regional multilateral organizations like the IDB, CAF, and CDB announced they will invest US$50 billion to support climate change action in the LAC region over the next five years. Source: BCIE
USAID and the Canadian Government will supply financial aid to Latin America and the Caribbean
June 15, 2022
USAID and the Canadian government announced financial aid to Latin America and the Caribbean. Canada will give US$112 million in financial aid, and USAID will supply US$331 million for humanitarian and long-term development assistance. Source: Caribbean Loop News
BNDES seeks smaller – but more – stakes in infrastructure projects
June 15, 2022
The Brazilian development bank (BNDES) will focus on infrastructure projects but seeks smaller stakes in each to distribute capital to more projects. They are also trying to attract private sector banks to this non-recourse project finance model. Source: BNAmericas