Panama - Page 3 of 6 - New Energy Events

Panama ranked as one of the most attractive markets in the Americas for energy transition investments
December 20, 2021
Panama has officially ranked fifth as the most attractive market for investment in the energy transition among the countries in the Americas, according to the Climatescope 2021 report released by Bloomeberg New Energy Finance. The report highlights the transition for transportation policies as one of the three pillars of emerging markets for investors to look […]
COP26: Colombia, Costa Rica, Ecuador and Panama announce new protections for “Ocean Highway”
November 11, 2021
Drawing attention to the critical yet overlooked role oceans play in keeping the planet cool—in addition to safeguarding species and supporting food security—the leaders of Colombia, Costa Rica, Ecuador and Panama launched a new marine protected area to be called the Eastern Tropical Pacific Marine Corridor (CMAR), National Geographic reported. Source
Panama will launch its green hydrogen strategy in December
November 5, 2021
Panama is developing the first stage of the hub called H2UB, in addition to evaluating the installation of a transformational plant from compressed H2 to other derivatives, as well as the implementation of other pilot projects. Source in Spanish
Deetken Impact sustainable energy’s investee – Solar Development Panama – secures US$4 million senior loan from Banistmo
July 31, 2021
Impact Asset Manager Deetken Impact Sustainable Energy (DISE), announces that its investee company, Solar Development Panama SA (SDP), has secured a US$4 million senior loan facility from Banistmo after finishing construction and beginning to supply energy through a long term private Power Purchase Agreement (PPA). The securing of this loan aligns well with our Funds’ […]
Accelerating the energy transition would benefit the environment and the economy in Panama
April 26, 2021
A new study by the United Nations Environment Program (UNEP) shows that integrating the energy transition as part of the post-COVID-19 stimulus and recovery plans will trigger significant benefits, not only for the environment and human health, but also for the economy, including the creation of new jobs. This represents a contribution to the Panamanian […]
Scientists link record-breaking hurricane season to climate crisis in Central America
November 19, 2020
Climate scientists say that this year’s record-breaking hurricane season and the “unprecedented” double blow for Central America has a clear link to the climate crisis. Source
Largest Debt Issuance by a Private Company in Central America
October 10, 2020
Clifford Chance has advised the Panamanian subsidiaries of Fortune 500 power company AES on the issuance of $1.38 billion in 10-year bonds, the largest debt issuance ever by a private entity in Central America or the Caribbean. Source
Panama seeks bids for electricity distribution
November 22, 2019
Panama has re-opened bidding for assistance with its near-term electricity distribution. The state power transmission company Etesa is seeking generators or self-generators in the local wholesale market to assist with the supply of firm capacity and energy to Empresa de Distribución Eléctrica Metro-Oeste (Edemet), Empresa de Distribución Eléctrica Chiriquí (Edechi) and Elektra Noreste (ENSA). Offers […]
Panama issues its first green bond
September 17, 2019
Panama’s first green bond has been emitted by the InterAmerican Corporation for Infrastructure Financing (CIFI). CIFI is the leading non-bank financial institution in Latin America and the Caribbean specializing in infrastructure and energy financing, and has many years of experience in the sector. CIFI has employed MMG Bank to structure and allocated this USD 200 […]