Back to homepage

Energy Finance & Investment News in Central and South America

BNDES signs $272m loan for Brazilian wind project

BNDES signs $272m loan for Brazilian wind project

🕔Mar 28, 2017

Rio Energy, a developer, owner and operator of renewable energy projects in Brazil, formed by energy-focused global private equity firm Denham Capital, has signed financing agreements with the National Bank for Economic and Social Development (BNDES) in Brazil, in the amount of BRL848 million (US$272 million), for the construction of eight wind farms in the Serra da Babilônia Complex.

Read Full Article
IFC Global Infrastructure Fund invest in I Squared Capital LATAM energy platform

IFC Global Infrastructure Fund invest in I Squared Capital LATAM energy platform

🕔Mar 17, 2017

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),  have invested a combined US$100 million in Orazul Energy Partners LLC, an affiliate of Orazul Energy Holdings LLC, an energy platform in Latin America owned by I Squared Capital.

Read Full Article
FRV to sell 65-MW solar plant in Uruguay to Invenergy

FRV to sell 65-MW solar plant in Uruguay to Invenergy

🕔Mar 16, 2017

Fotowatio Renewable Ventures, a global utility-scale solar developer, has signed an agreement with Invenergy, a privately-held company that develops, owns and operates utility-scale renewable energy projects and storage facilities, for the sale of the 65 MW La Jacinta solar plant in Uruguay, one of the largest photovoltaic projects in Latin America.

Read Full Article
Canadian Solar Raises US$20 million from CPDFund

Canadian Solar Raises US$20 million from CPDFund

🕔Mar 10, 2017

Canadian Solar Inc. has announced that it has received US$20 million unsecured funding from the China and Portuguese-speaking Countries Cooperation and Development Fund (CPDFund) to support the development of eligible projects in Brazil, including the 191 MWp Pirapora I Project in the state of Minas Gerais.

Read Full Article
World Bank approves $480 M guarantee for Argentina green projects

World Bank approves $480 M guarantee for Argentina green projects

🕔Mar 7, 2017

To achieve the target of 20 percent of energy consumption originating from renewable energy in Argentina by 2025, the World Bank Board of Directors has approved a US$480 million guarantee to promote private investment in the sector.

Read Full Article
BNDES provides loans for two Brazilian wind complexes

BNDES provides loans for two Brazilian wind complexes

🕔Feb 27, 2017

The National Bank for Economic and Social Development (BNDES) has approved a total of BRL1.065 billion (US$342 million) in financing for the construction of eight wind farms in the state of Bahia, and four wind farms,  located in Ceara state.

Read Full Article
IIC finances Hidronormandia run-of-river plant

IIC finances Hidronormandia run-of-river plant

🕔Feb 24, 2017

The Inter-American Investment Corporation (IIC) has signed a US$78 million financing package with Hidronormandia S.A. to support the construction and operation of a run-of-the-river hydropower plant and transmission line in Ecuador.

Read Full Article
Proinversion tenders transmission concessions

Proinversion tenders transmission concessions

🕔Feb 23, 2017

ProInversión, through its Committee on hydrocarbons and Energy Projects Pro Connectivity announces the call for its tender of Comprehensive Projects for awarding concession of the Guaranteed Transmission System (GTS)’s projects 500 kV Mantaro-Nueva Yanango-Carapongo Connection and Associated Sub-stations, 500 kV Nueva Yanango – Nueva Huánuco,  220 kV Tintaya-Azángaro  Connection and Associated Sub-stations.

Read Full Article
IIC considers financing wind projects in Brazil

IIC considers financing wind projects in Brazil

🕔Feb 20, 2017

The Inter-American Investment Corporation (IIC), a member of the Inter-American Development Bank (IDB) is considering financing two wind projects in Brazil

Read Full Article
Spain-based Generacion Solar to build 145-MW park in Argentina

Spain-based Generacion Solar to build 145-MW park in Argentina

🕔Feb 16, 2017

Spanish firm Generación Solar AR plans to undertake the developmet of a 145 MW photovoltaic project located in the Catamarca Province of Argentina.

Read Full Article
Mainstream obtains planning consent for 245 MW of Solar PV in Chile

Mainstream obtains planning consent for 245 MW of Solar PV in Chile

🕔Feb 10, 2017

Chile’s Environmental Assessment Service has approved Mainstream Renewable Power’s 245 MW Escondido Solar PV facility, making it one of the largest approved projects in the Atacama region.

Read Full Article
Peru scraps gas pipeline project

Peru scraps gas pipeline project

🕔Feb 8, 2017

The Government of Peru has cancelled Odebrecht contract to develop the Southern Gas Pipeline (GSP) after the consortium failed to meet its financing deadline.

Read Full Article
Chile announces 4.2 GW renewables tender

Chile announces 4.2 GW renewables tender

🕔Feb 7, 2017

Chile has announced 4.2 GW renewables tender in order to supply the energy needs of the regulated customers of the Interconnected Systems (SIC and SING) from January 1, 2023, for 20 years.

Read Full Article
Saeta Yield to buy wind farms in Uruguay

Saeta Yield to buy wind farms in Uruguay

🕔Jan 31, 2017

Saeta Yield SA, a spanish renewable energy plants owner, has announced it will acquire the Carape I and II wind farms in Uruguay that have a combined capacity of 95 MW.

Read Full Article
Governments of Latin America to  discuss investment opportunities for  energy projects – Washington, D.C  March 2017

Governments of Latin America to discuss investment opportunities for energy projects – Washington, D.C March 2017

🕔Jan 24, 2017

Latin American public and private sector leaders will address countries’ policies and strategies to engage investors and stimulate open discussions. 250 energy developers, financiers and public sector stakeholders are expected to attend the meeting from North America and countries across Latin America.

Read Full Article
Argentina signs first contracts from RenovAr 1

Argentina signs first contracts from RenovAr 1

🕔Jan 18, 2017

Argentina's Ministry of Mines and Energy has signed the contracts with seven developers, for 315 MW of the 1,142 MW awarded in the first round of its renewable energy auction, RenovAr 1.

Read Full Article
ABB wins US$75 M Power Transmission Link in Brazil

ABB wins US$75 M Power Transmission Link in Brazil

🕔Jan 17, 2017

ABB has won an order worth around US$75 million to supply advanced converter transformers for the Belo Monte 800 kV ultra-high-voltage direct current transmission link.

Read Full Article
El Salvador awards 170 MW of solar and wind projects

El Salvador awards 170 MW of solar and wind projects

🕔Jan 17, 2017

El Savador National Energy Council has awarded about 170 MW of solar and wind power supply contracts with a 20-year term.

Read Full Article
Enel signs financing for hydropower complex in Brazil

Enel signs financing for hydropower complex in Brazil

🕔Jan 5, 2017

The Enel Group and the Brazilian Development Bank (BNDES), the main financing agency for development in Brazil, have signed a 20-year term loan agreement worth around BRL373 million (US$115 million) that will cover part of the investment required to build the 102 MW Apiacas hydropower cluster, which is located in the state of Mato Grosso in Brazil’s Central-West Region.

Read Full Article
Engie and Red Electrica finance transmission line in Chile

Engie and Red Electrica finance transmission line in Chile

🕔Dec 28, 2016

Red Eléctrica Chile, a subsidiary of Red Eléctrica Internacional, and Engie Energia Chile, a subsidiary of ENGIE, have announced that they had secured financing to build an energy transmission line.

Read Full Article