Grupo Greening 2022 SA secured a US$34.7 million green loan from Banco Santander to help fund the development of a 41.9 MW distributed generation solar project in Mexico. Source: Renewables Now
Japan’s Mitsubishi UFJ Financial Group signed an agreement with Neoenergia SA for a US$30.5 million green loan to help back the upgrade of its power distribution network. Source: Renewables Now
BNDES approves US$655.8 million loan to support the development of the 846-MW Serra do Assurua and 423-MW Novo Horizonte wind complexes, and the Boa Sorte solar photovoltaic (PV) complex in Bahia and Minas Gerais. Source: Renewables Now
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
Banco do Nordeste approved a loan for US$80 million to support the development of the 213 MW Caldeirao solar complex in northeast Brazil. Ibitu Energias will provide an additional US$61 million for the project. Source: Renewables Now
Toyota’s financing division in Mexico received a green loan for US$225 million from a local branch of the Spanish bank, BBVA, to fund loans for hybrid vehicles. Source: Latin Finance
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
