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Renewables

  • BMR Secures USD 88 Million Loan to Refinance Solar and Wind Project Debt

    January 24, 2022

    BMR Energy uses USD 88 million loan from CIBC FirstCaribbean International Bank and National Commercial Bank Jamaica Limited (NCB) to refinance the debt from its wind and solar photovoltaic independent power producers (IPP) in Jamaica, Grand Cayman, and Guatemala. Source: Jamaica Observer

  • InterEnergy Group Refinances its USD 42 Million PMGD Portfolio in Chile

    January 24, 2022

    InterEnergy Group is refinancing its combined wind and solar PMGD portfolio in Chile, worth USD 48.2 million through the private placement of bonds. Source: InterEnergy  

  • ACCIONA Energía Closes on Placement of a EUR 500 Million Green Bond

    January 24, 2022

    ACCIONA Energía closes a competitive, long-term placement of a EUR 500 million ten-year green bond issuance, with nearly 80% of the bonds allocated to sustainability-focused investors. Source: ACCIONA

  • STOA Invests in Phase II of Wind Farm Expansion in the Dominican Republic

    January 17, 2022

    Grupo Energético 23 and STOA S.A. (STOA) partner on a deal for STOA to invest in the expansion of the Poseidón Energía Renovable, S.A. 100MW Los Guzmancito wind farm project in the Dominican Republic. The first phase, commissioned in 2019, consisted of 16 Vestas turbines. The new investment by STOA includes a USD 128 million […]

  • CARICOM Commissions a 400 KW Solar PV and Storage System in Guyana

    January 14, 2022

    CARICOM will produce solar-generated electricity soon after commissioning a 400-kilowatt solar photovoltaic power generation plant and battery power conditioning system on their compound in Liliendaal, Greater Georgetown. The Japanese government funded the USD 7 million project consisting of 1,500 solar panels, servers, batteries, a carport, and space for educational/recreational activities. In the future, CARICOM expects […]

  • Top 10 Geothermal Countries Based on Installed Power Generation Capacity

    January 11, 2022

    ThinkGeoEnergy published a list of the top 10 geothermal countries in 2021 based on installed power generation capacity. Mexico is on the list at number six with no gain or loss of power generation capacity from the year before. Colombia is a geothermal-newcomer and helped contribute to the 2021 overall generation capacity of 15,854 MW […]

  • IDB Invest strengthens Uruguay’s national power system with renewable energy production

    September 14, 2021

    IDB Invest, a member of the IDB Group, has provided a $67 million financial package for Tealov S.R.L (Tealov), a Uruguayan special purpose company (SPV) sponsored by Invenergy Renewables Global LLC (Invenergy) to develop the Cardal Transmission Project in Uruguay. The financial package includes a $11.5 million loan and a $55.5 million B-bond, acquired in […]

  • U.S. Ambassador hails U.S.-Antiguan partnership on new power plant project

    July 30, 2021

    The United States Ambassador to Antigua and Barbuda and the Eastern Caribbean, Linda Taglialatela hailed the collaboration of American company Eagle LNG and Antiguan companies Antigua Power Company (APC) and the Antigua Public Utilities Authority (APUA) in what will be the island’s first power plant integrating natural gas infrastructure and power generation. Source

  • NG Energy International: Fueling Colombia’s clean energy transition

    July 30, 2021

    Natural gas has become an essential source of power generation, particularly on the Caribbean coast.  In an IHS Markit report released in March 2021, it revealed that the Andean countries (Colombia, Ecuador, Peru and Venezuela) would see an increase in gas demand from 54 million cubic meters per day in 2020 to 177 million cubic […]

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