Investment - Page 4 of 7 - New Energy Events

MPC Capital moves to region to expand investments in Caribbean basin
July 5, 2017
German asset and investment manager MPC Capital AG has launched a subsidiary in Panama with the goal of expanding its renewable energy activities throughout the Caribbean Basin region. Based in Panama City, Fernando Zuniga will serve as regional director for MPC Renewables Panama SA for Central America and the Caribbean. Most recently, the German company […]
Barbados government launches $24.6m Smart Energy program
June 27, 2017
On Friday, June 23, the Ministry of Energy and the Barbados Light & Power launched the US$24.6 million Public Sector Smart Energy Programme, which – among many aims designed to reduce electricity consumption and GHGs – will include the changing out of close to 30,000 street lights across the country. The project, funded by the […]
Barbados launches $34m IDB-funded program for natural gas and renewable energy
June 27, 2017
The Barbados government and the Inter-American Development Bank (IDB) have signed a US$34 million loan agreement to finance a project to use cleaner fuels and renewable energy in Barbados. Specifically, the program will upgrade natural gas infrastructure and integrate smart energy solutions and renewable energy into the Barbados energy matrix. The Minister of Finance and […]
MOU to establish credit line for renewable energy projects in Mexico
March 23, 2017
A new agreement signed by the Nacional Financiera (Nafin) and the European Investment Bank (EIB) could ease financing for renewable energy projects in Mexico. The Memorandum of Understanding (MOU) signed on Tuesday will enable the two organizations to cooperate on issues related to sustainable development in Mexico, including green financing. More specifically, the institutions could […]
IFC, AMC invest $100m to support LatAm clean energy transition
March 2, 2017
IFC and AMC are giving a boost to a new Latin American player, who recently acquired assets in Chile, Peru, Brazil, Argentina, Ecuador, El Salvador, and Guatemala. IFC, a member of the World Bank Group, and the IFC Global Infrastructure Fund (GIF), a fund managed by the IFC Asset Management Company (AMC), invested a combined […]
CDB and IDB strengthen partnership
February 23, 2017
The Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) have signed a memorandum of understanding (MOU) to strengthen their ongoing partnership in addressing the Caribbean’s development priorities. Through the MOU, signed at the IDB’s headquarters in Washington, D.C. on February 21, 2017, both institutions have renewed their commitment to collaborating on programmes and […]
Dominican Republic: Proposal to ease renewable energy financing
December 14, 2016
The Ministry of Energy and Mines supported the Monetary Board proposed changes to regulations that would improve renewable energy projects access to bank lending. On December 8, 2016, the Monetary Board presented the proposed amendments to the regulations, which state that renewable energy equipment, including PV panels, wind turbines, biomass gasifiers, and others are classified as […]
Infrastructure finance giant relocating to Panama
December 6, 2016
The Inter-American Corporation for Infrastructure Financing (CIFI, http://www.cifi.com), a leader non-bank financial institution dedicated to run projects in Latin America and the Caribbean, is set to move its headquarters from Washington D.C. to Panama City. The objective of this measure is to leverage closer to the region to further boost its activity there. Since the beginning […]
Guyana: clean energy gets a boost from local bank
December 5, 2016
Guyana’s clean energy sector is about to get a boost from local bank – Demerara Bank Limited (DBL) – which is now fully powered by solar PV at a cost of GYD$27.5m. The bank says it will offer a special eight percent interest rate for companies and businesses interested in installing similar technology. The 25,000 square foot […]