Investment - Page 3 of 7 - New Energy Events

Report asserts economic benefits of renewable energy for Bermuda
October 31, 2018
The new report commissioned by the Bermuda Chamber of Commerce (BCC), ‘Innovation Island’, outlines the opportunities and innovations that lay ahead for Bermuda. The report emphasises the budding role of investments in the renewable energy sector. The report recommends Bermuda present itself as a beta site of the perfect size. A “global innovation island”, said […]
El Salvador to provide incentives for FDI in solar sector
October 15, 2018
El Salvador recently announced its aim to attract more investments, especially from India, in its renewable energy sector through a package of tax benefits and incentives. El Salvador Ambassador to India, Ariel Andrade Galindo, said “We are looking to collaborate in solar energy. India is becoming one of the largest countries with lots of expertise […]
Cuban delegation to India presents renewable energy investment opportunities
October 4, 2018
Cuba is planning on building a bioelectric plant by the end of November, and starting construction of a wind farm later in 2018. These projects are concrete steps to achieve their goal of reaching 24% clean energy generation by 2030. The Cuban delegation presented their countries’ diverse investment opportunities in the bioelectric and solar photovoltaic, […]
U.S. allocates $2 million to spur investment in Caribbean energy sector
October 2, 2018
The United States Department of State spokesperson, Ms.Heather Nauert, announced that $2 million had been committed to the Caribbean Energy Security Initiative with the aim of fostering investment in the private sector. The initiative will identify projects where U.S. investment can spur further private sector investment “throughout the Caribbean energy sector”, she said in a […]
EU companies are key investors in LAC energy sector, report finds
September 11, 2018
Between 2005 and 2017, EU-based companies accounted for 39% of the value of new projects in Latin America and the Caribbean. North American companies took second place (32%), followed by investments from companies in Asia (16%), specifically in China and Japan, according to recent numbers from the Economic Commission for Latin America and the Caribbean […]
Why resiliency changes the investor view on the Caribbean energy sector
June 7, 2018
Guest Editorial written by Doug Hewson, Managing Partner, Portland Private Equity As we enter the 2018 hurricane season, we are beginning to understand how last year’s monumental storms have impacted private equity’s view on the Caribbean energy sector. It’s no secret that the regional energy sector has many issues: reliance on fossil fuels, sub-scale markets, and […]
Ecuador to improve electricity sector with $220m funding from IDB and JICA
November 2, 2017
Funding totalling $220 million will support Ecuador’s expansion and strengthening of electricity infrastructure and reducing fossil fuels. The Inter-American Development Bank (IDB) has approved a $150m loan for Ecuador to help the country expand, strengthen and improve the operational efficiency of its power sector. The 25-year loan includes a 7.5-year grace period, LIBOR-based interest rate, […]
Haiti receives $35 million World Bank grant to scale up renewable energy
November 2, 2017
A World Bank project will infuse $35 million into Haiti’s economy to to scale up renewable energy investments and improve electricity access for Haitians. The project – which entails two grants from two separate World Bank grant programs – will consist of two components: 1) grid-connected energy, such as solar PV to demonstrate viability, while […]
Mexico and Chile wind farms secure significant project finance
August 21, 2017
In Chile, Aela Energy has obtained US$410mn for two wind farms, while Zuma Energia has borrowed US$600mn for what will be Latin America’s largest wind farm, located in Mexico. Aela Energy is a joint venture between Mainstream Renewable Power and Actis. The project financing will be provided by the Inter-American Development Bank, BTMU, SMBC, Korean […]