ESG - Page 3 of 16 - New Energy Events

Argentinian energy company, Genneia placed green bonds equivalent to US$73 million to finance the construction of its solar and wind projects in the country
March 2, 2023
Argentinian energy company, Genneia, announced the placement of green bonds equivalent to US$73 million to help finance the 60 MW Tocota III solar plant and the 103.5 MW La Elbita wind project. Source: PV Magazine LATAM
The US announced a US$1 billion grant package for Puerto Rico that will help finance solar, storage, and resiliency projects
March 2, 2023
The US announced a grant package of US$1 billion for Puerto Rico that includes two rounds of financing for residential solar and storage projects, followed by climate resilient development such as microgrids, community solar, and grid retrofits. Source: PV Magazine LATAM
Genneia secures a loan for up to US$85 million to fund wind and solar projects in Argentina
March 2, 2023
Genneia, the Argentinian power company, signed a loan agreement to procure up to US$85 million to fund the construction of wind and solar projects in Argentina. The company will receive the loan from the Dutch development bank FMO and Development Finance Institute Canada (FinDev). Source: Renewables Now
BNDES approved a US$2.2 million loan in additional funding to Albioma Codora Energia for the development of a a new biogas production line at an existing facility
March 2, 2023
The Brazilian Development Bank (BNDES) approved a US$2.2 million loan to help fund a new biogas production line at an existing facility in Goianesia, Goias state. The new financing is an additional loan to Albioma Codora Energia, all of which will cover 83% of the total cost of the project. Source: Renewables Now
Suriname plans to phase out subsidies for gas, electricity, and fuel
February 15, 2023
The Suriname governments plans to phase out subsidies for gas, electricity, and fuel to reduce expenditures and follow IMF’s guidelines. Source: Caribbean National News
Republic Bank launches social investment program, PMAD, in the Eastern Caribbean
February 1, 2023
Republic Bank launches their 2023 social investment program, Power to Make a Difference (PMAD) and unveils the sixteen partners who work with Republic Bank to spearhead social transformation in the Eastern Caribbean region. Source: The Voice SLU
Portland Private Equity announces launch of US$350 million Portland Caribbean Fund III; fund will make a series of social investments in the region
January 18, 2023
Portland Private Equity plans to use US$350 million in financing to make a series of social investments in the Caribbean under the Portland Caribbean Fund III. The third version of the fund will focus on investing in scalable regional businesses. Source: Jamaica Gleaner
The World Bank grants US$500 million green loan to Banco do Brasil
January 5, 2023
The World Bank has finalized a green loan of US$500 million to Banco do Brasil to enable the bank to offer more options to companies that are reducing their carbon footprint. Source: Latin Finance
Engie Energia Chile SA invests US$650 million in two renewable energy projects in Chile
January 5, 2023
Engie Energia Chile SA will invest US$450 million into the 342 MW Lomas de Taltal wind farm project and US$300 million into the 638-MWh Coya battery energy storage system (BESS) in Chile. Source: Renewables Now