ESG - Page 6 of 16 - New Energy Events

Barbados is first Caribbean nation to receive funding from the IMF’s US$45 billion Resilience Trust
October 19, 2022
Barbados is the first nation in the Caribbean that will receive money from the US$45 billion IMF Resilience Trust. They will receive US$183 million for climate-focused spending. Source: ProPublica
Mexico state Edomex expects to raise around US$147 million through the sale of their first sustainable bonds
October 5, 2022
The State of Mexico, Edomex, anticipates the sale of their first sustainable bonds in the local market will raise around US$147 million. Source: Latin Finance
Banco do Brasil will provide US$80 million in debt financing to Lightsource bp for its Milagres Solar project
October 5, 2022
Lightsource bp will receive US$80 million in debt financing from Banco do Brasil through the Northeast Development Fund to fund its Milagres Solar Project. Source: PV Magazine LATAM
Makro Atacadita commits to reduce food waste in order to receive loan from Santander for around US$22 million
October 5, 2022
Santander will loan Makro Atacadista around US$22 million after the supermarket committed to reducing food waste. Makro Atacadista can use the funds for any purpose, but interest rates will decrease if the supermarket chain meets the goals of donating food and reducing food waste. Source: Capital Reset
In landmark deal, Barbados restructures debt through a debt-for-nature swap which aims to protect 30% of the island’s coastal waters
September 21, 2022
In what Prime Minister Mia Mottley has described as a game-changing transaction, Barbados has announced a $150m debt-for-nature swap. Managed by Credit Suisse and CIBC FirstCaribbean, the deal will free up about US$50 million in the next 15 years by buying back a portion of its US$531 million bond due in 2029. They are replacing […]
The IDB increases its sale of sustainable bonds to US$3 billion
September 21, 2022
The IDB has increased its latest sale of sustainable bonds to US$3 billion after investors placed around US$3.7 billion in orders. Source: Latin Finance
Jujuy looks to the Export-Import Bank of China to fund the expansion of a 300 MW solar farm
September 21, 2022
Jujuy, the Argentine province, is looking to procure financing from the Export-Import Bank of China to expand its 300 MW Cauchari solar farm. Source: Latin Finance
Genneia, an Argentinian renewable power company, to issue bonds to fund the construction of four new power plants
September 21, 2022
Genneia, one of the largest Argentinian renewable power companies, plans local and international financing package to fund the construction of four new power plants, which will cost around US$300 million. Source: Latin Finance
Mexico issues sustainable bonds worth US$550 million in Japan
September 7, 2022
Mexico placed US$550 million worth of sustainable bonds in Japan, becoming the first Latin American country to place sustainable bonds in Japan. Source: Latin Finance