Financing - New Energy Events

National electricity loss reduction plan consultancy in Jamaica
December 21, 2020
The Inter-American Development Bank has published a call for proposal for a project in Jamaica to support the recovery of the energy sector from the COVID-19 pandemic. Source
Solar producer secures $15-million financing for PV plants in Puerto Rico
January 15, 2020
Solar power producer Sonnedix recently closed on US$15 million in financing for solar photovoltaic plants in Puerto Rico. City National Bank, based in Florida, acted as the lender. Sonnedix has been operating in Puerto Rico since 2015 and currently has two operational solar PV plants on the island, with 50MW of solar power capacity in […]
Geothermal Development Facility for Latin America calls for Expressions of Interest ending August 29th
August 14, 2019
The deadline for the Geothermal Development Facility’s (GDF) fourth call for Expressions of Interest is fast approaching. The GDF is looking for geothermal projects to finance in Latin America. Projects in the following eligible countries, Bolivia, Colombia, Ecuador, Guatemala, Nicaragua, Chile, El Salvador, Honduras, Costa Rica and Perú, can apply for funding under this scheme. […]
Dominican Republic receives €5m in green loans
July 31, 2019
The European Investment Bank (EIB) will provide €5m to two financial institutions in the Dominican Republic to finance energy efficiency and renewable energy projects. Banco de Ahorro y Credito Fondensa (Banfondensa) and Fondo para el Desarollo INC (Fondensa) will receive the loans to provide microfinance to small and medium businesses, and low and middle income […]
Davivienda Costa Rica receives loan to issue green bond
July 26, 2019
Costa Rica has received a loan from an international body to finance green projects through the issuance of green bonds. Costa Rica received a USD 35 million loan from the International Finance Corporation (IFC), a World Bank Group member. The loan was made to Davivienda, a subsidiary of the Colombian bank. Luc Grillet, Senior Manager […]
Call for Expressions of Interest for geothermal projects funding
July 9, 2019
The Geothermal Development Facility has issued its fourth call for Expressions of Interest for geothermal projects funding. Projects in the following eligible countries, Bolivia, Colombia, Ecuador, Guatemala, Nicaragua, Chile, El Salvador, Honduras, Costa Rica and Perú, can apply for funding under this scheme. Funding would be provided for surface studies or confirmation drilling. The project […]
Canada pledges over $220 million to cut emissions in Latin America and the Caribbean
July 1, 2019
Canada’s Environment Minister Catherine McKenna announced her government’s funding commitment to support renewable energy and sustainable development in the Americas at the Ministerial on Climate Action in Brussels, Belgium. Canada’s funding commitment of $223.5 million will go to the Canadian Climate Fund for the Private Sector in the Americas (C2F). This financing is expected to […]
Barbados received funding for renewable energy projects
July 1, 2019
Barbados has received 1.4 million euros from the European Union as a second tranche of financing under the 11th European Development Fund Renewable Energy and Energy Efficiency Budget Support Programme. This funding for renewable energy will be used to support Barbados towards its goal of becoming 100 per cent fossil fuel-free by 2030. Barbados has […]
Chile to issue more sovereign green bonds
June 28, 2019
Chile emitted its first sovereign green bond last week. Due to its success, further sovereign green bonds are expected to be issued by the state. The bond low’s interest rate, good rating and its high demand resulted in the success of Chile’s first green bond to surpass expectations. “The issuance of our first green bond […]