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
Neoenergia SA unveiled its plans to build an offshore wind project and green hydrogen project in Brazil’s Rio Grande do Sul state. They recently signed an MoU to carry out studies to promote clean energy technologies within the state. Source: Renewables Now
Highview Enlasa secured environmental approval in Chile’s region of Atacama to build a 50-MW/600-MWh liquid air energy storage (LAES) facility for a total investment of US$160 million. Source: Renewables Now
The Alliance of Small Island Developing States (AOSIS) is lobbying to include loss and damage finance as an agenda item at the upcoming global climate talks. Source: Jamaica-Gleaner
EDP Brazil sold its 198 MW Mascarenhas hydroelectric facility to Victory Hill Global Sustainable Energy Opportunities (GSEO), the London-listed investment company, for US$235 million. Source: Renewables Now
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
