Corporación Inmobiliaria Vesta, the Mexican real estate developer secured a sustainability-linked credit line of US$200 million to focus on green building. Source: Latin Finance
IDB Invest sold US$124 million worth of three-year social bonds in the Mexican market. They will use the proceeds to fund loans for small businesses in LAC. Source: Latin Finance
Natixis Corporate & Investment Banking announced the closing of the financing of around US$360 million for a portfolio of PV solar plants. Source: PV Magazine
According to the IFC, based on a report by the Sustainable Banking Network (SBN), Brazil, Colombia, and Mexico are leading the way in promoting sustainable finance in the Latin American region. Source: America Economia
CC&L Infrastructure and CarbonFree Technology successfully refinanced US$360 million in debt making it one of the largest solar project private placements in Chile. Source: Newswire
Engie SA secured a US$300 million loan from the Inter-American Development Bank for the 260 MW Punta Lomitas wind farm in Peru, a 36.4 MW expansion, and a 60 km power line that will connect the plant to the national grid. Source: Renewables Now
Repsol SA, a Spanish energy group and its partner, Grupo Ibereolica Renovables, secured a US$118 million loan for the construction and operation of a 165.3 MW wind farm in Chile. Source: Renewables Now
Eneva SA secured a US$58.3 million loan from Banco do Nordeste do Brasil SA to fund the development and construction of an 870 MWp solar PV project in Brazil. Source: Renewables Now