ESG - Page 16 of 16 - New Energy Events

Polaris Infrastructure secures USD 110 million debt refinancing
February 26, 2022
Polaris Infrastructure Inc. secured $110 million in a refinancing package which aligns with its newly extended PPA in Nicaragua to 2039. Source: Think Geo Energy
Dominica signs USD 12 million deal with Iceland Drilling Company for two new geothermal wells
February 26, 2022
Dominica signed a $12.5 million contract with the Iceland Drilling Company to drill two new geothermal wells in the country. The majority of funding comes from UK grants. Source: Think Geo Energy
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
Akuo Energy and GAM Capital To Develop 53-MW Matrisol Solar Project in the Dominican Republic
February 11, 2022
The Dominican Republic National Energy Commission (CNE) signed an agreement granting French power producer Akuo Energy and investment fund manager GAM Capital permission to develop the 53-MW Matrisol solar project. Financing will come from Banco Popular Dominicano. Matrisol also has a long-lasting power acquisition agreement (PPA) with Cerveceria Nacional Dominicana, which will help with funding […]
Quaise Energy Raises USD 63 Million For New Geothermal Drilling Technology
February 11, 2022
The geothermal start-up Quaise Energy has raised $63 million to deploy a new drilling technology to unleash the earth’s hardest-to-reach heat resources. Safar Partners, Prelude Ventures, the Engine, and other investors provided $40 million. The U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) provided a grant of $5 million. Source: Canary Media
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
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
BNP Paribas SA Estimates USD 880 billion in Green Bond Sales Worldwide
January 19, 2022
Latin America is estimated to be the world’s largest developing issuer of new ESG debt. BNP Paribas SA, one of the largest underwriters of ESG (Environmental, Social and Governance)-linked bonds, projects USD 880 billion in green bond sales worldwide, including USD 265 billion from emerging markets in 2022. Around 40% of all Latin American bond […]