Banks
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Goldman Sachs has promoted Emily Hashimoto to managing director of the infrastructure investment banking team in New York City.
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Rabobank has expanded its banking team and made analyst hires dedicated to energy transition in the US.
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Former Barclays investment bankers Robyn Underwood and Jason Kivett have joined the Pickering Energy Partners’ (PEP) investment banking practice to lead a newly formed team.
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The latest banker to hand in his notice at the New York real assets and structured finance team of HSBC is causing a stir as a leading figure from the bank flown in to steady the ship.
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Industrial and Commercial Bank of China (ICBC) has named Jesus Enriquez Torresdey as a director of project finance credit approval in New York.
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Rainer Kraft has joined CIBC Capital Markets as managing director, head of syndications after leaving BBVA.
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Jeffrey Mathews has been promoted to managing director at Barclays, based in New York.
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Brazil's national development bank BNDES has announced that an auction will take place on June 18 for Companhia de Eletricidade do Amapá (CEA), an energy distributor in the country's northern Amapa State.
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A pair of sponsors has tapped the bank market to raise financing for a portfolio of mixed generation assets in Chile which include both operational and greenfield projects.
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Quinbrook Infrastructure Partners' portfolio company Scout Clean Energy has secured a $50 million letter of credit facility.
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Sempra Energy has reached financial close on the sale of its Chilean assets to State Grid International Development, after announcing the agreement in October of last year.
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A group of banks led by IDB Invest are about to launch a liquidity credit line to help Chilean power companies impacted by the freeze in power prices implemented at the end of 2019.
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BNDESPar, the private investment arm of Brazilian development bank BNDES, has hired a financial adviser to assist with the sale of its stake in AES Tietê Energia.
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Petrobras and Wobben Windpower have entered the binding phase of the sale process of two jointly-owned wind assets in Brazil.
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Market participants in Mexico say new transmission costs imposed on power projects approved before the 2014 Energy Reform – known as proyectos legados – will have a trickle-down effect in the sector harming the asset's developers, equity investors, lenders and off-takers.
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Sempra Energy aiming to close the previously announced sale of its Chilean assets to State Grid International Development on June 24.
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The Brazilian subsidiary of Chinese company CGN Energy plans to invest R$1 billion ($201.52 million) in the construction of a seven-phase wind project in the country.
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Mexico’s state-owned Comisión Federal de Electricidad (CFE) is planning a procurement process for a transmission project in the state of Baja California, adding to the country’s transmission pipeline.
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Petrobras has issued a teaser for the sale of its stakes in five gas, oil, diesel-fired and small hydro plants in Brazil.
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The Inter-American Development Bank is arranging a $280 million debt package for Ecuador to diversify and improve the country’s energy matrix and boost renewable energy sources.
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IDB Invest has announced a plan to certify certain transmission line projects as "green" in order to attract additional investment into the sector.
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Canada's Polaris Infrastructure has closed a $27 million debt package from Brookfield Asset Management's Infrastructure Debt Fund for a portfolio of hydro projects in Peru.
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Spain’s Elawan Energy has inked an agreement with Brazil’s Secretariat of Economic Development (SDE) to develop a 16 MW wind farm in the Brazilian state of Bahia.
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Colombian power producer Isagén is plotting the development of its first wind farm in the country, which would be Colombia's largest to date.
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Spain's Solarpack is planning to sell a 9 MW solar project that is under construction in the Chilean region of Maule.
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Greenpeace and the Mexican Center for Environmental Law (CEMDA) have secured a temporary suspension of policies introduced by Mexican grid operator Cenace and the Secretariat of Energy (SENER) that threaten to delay the interconnection of renewable energy projects in the country.
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Enel has brought forward the schedule for shuttering its two coal-fired units in Chile from 2024 to 2022.
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Developers in Argentina have faced an inhospitable project finance market since 2018, but the country's leading wind developer Genneia has managed to finance no fewer than nine wind projects in the past two years, using creative structures including the company's first ECA-backed corporate loan.
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Argentinian independent power producer Stoneway Capital Corp has secured a forebearance agreement from its creditors, who had been discussing foreclosure in mid-March.
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Panama's state-owned transmission company Empresa de Transmisión Eléctrica (Etesa) must reevaluate its proposed Fourth Line project (Cuarta Línea) on the Atlantic coast, after the country's Public Services Authority (ASEP) rejected its latest proposal.
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Spain's Grenergy Renovables is planning to sell a five-project portfolio of solar projects totaling 52 MW in Chile.
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A Chilean developer is looking for an investor to acquire a majority stake in a 150 MW distributed generation portfolio in the country.
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Engie has signed loans with Brazilian development bank BNDES to finance the construction of two projects in Brazil, a wind farm and a transmission line.
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A group of renewable energy developers in Mexico have won a legal reprieve against grid operator Cenace' suspension of interconnections for wind and solar projects.
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Canada’s Greenbriar Capital Corp has inked a power purchase and operating agreement for an up-to-160 MW solar project in Puerto Rico.
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Eneva has given up on its attempt to merge with AES Corp’s Brazilian subsidiary AES Tiete, at least for now.
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Grupo Ibereólica and Global Power Generation, a subsidiary of Spain's Naturgy Energy Group, has mandated a commercial bank to structure a loan for a 204 MW wind project in Chile.
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Engie plans to invest some R$3 billion ($515 million) to build the 1,800 km Novo Estado transmission line in Brazil.
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Atlas Renewable Energy is aiming to close the financing for a 444 MW (DC) solar project in Mexico in late June or early July.
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IDB Invest is preparing a credit line for AES Corp's distribution subsidiaries in El Salvador, which face liquidity challenges as a result of government measures to mitigate the effect of the Covid-19 pandemic on consumers.
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Brazil’s antitrust regulator Cade has approved EDP Grid’s acquisition of distributed solar projects in the country.
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French independent power producer Neoen has halted operations at a recently completed solar project in Mexico following the suspension of the interconnection of renewable assets in the country, ostensibly because of Covid-19.
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AES Gener is plotting a 63 MW wind project in Chile, the seventh wind asset the sponsor is developing in the country.
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Blackstone company Fisterra Energy is pursuing the refinancing of a combined-cycle gas-fired plant in Mexico, which was meant to start operating in December of last year.
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Chilean company Saggitar is plotting the development of a small-scale solar duo, expected to qualify under the country's PMGD (Pequeños Medios de Generación Distribuida) distributed generation scheme.
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Atlas Renewable Energy, the Latin American renewable energy portfolio company of private equity firm Actis, is working with a commercial bank and two DFIs to structure the financing of a 444 MW (DC) solar project in Mexico.
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IDB Invest is preparing to lend $1.1 billion to the Chilean power sector, which has been struggling to make ends meet after the implementation of new regulatory measures in the past six months.
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Spain’s OPDEnergy was aiming to reach financial close on a pair of renewable assets in the country by February, but the closing has been pushed back due to the Covid-19 crisis.
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Jinko Solar has sold a 155 MW (DC) operational solar project pair in Mexico to White River Renewables, a joint venture between U.S. private equity firm Riverstone Holdings and Switzerland’s White Summit Capital.
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Enel Green Power has signed a five-year power purchase agreement to supply 42 GWh of energy per year to a Guatemalan distribution company.
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Spain's Grupo Ibereólica has begun the permitting process for a 180 MW wind project in Chile.
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Peruvian state agency Proinversión has launched a procurement process for the development of two substation and transmission projects in the country.
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The World Bank’s International Finance Corporation (IFC) is arranging a debt package to finance solar projects in Panama.
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AES Gener is preparing to launch a $500 million capital raise to fund its 1.6 GW solar and wind pipeline in Chile and Colombia, having obtained approval from its existing shareholders.
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EDP Renováveis has secured a 15-year power purchase agreement for a solar project in Mexico with a local energy services company.
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Sempra Energy is nearing the close of the sale of its Peruvian assets to a Chinese buyer having received all required government authorizations.
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Spanish renewables developer Acciona has brought in one financial investor and is looking for another to jointly acquire KKR & Co.'s minority stake in its international generation subsidiary, Acciona Energía Internacional.
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A group of renewable energy companies have written to the Chilean government to warn it that recent policy changes in response to protests and the Covid-19 pandemic threaten to stifle international investment in the sector.
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Chile’s Energías Renovables Saintec is moving forward with the development of a 217.8 MW solar park in Chile after getting approval from the country's environmental authority.
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Argentinian independent power producer Stoneway Capital Corp. has a new owner after missing debt amortization payments due in early March.
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EnfraGen, a subsidiary of U.S.-based Glenfarne Group, is aiming to close the financing of a roughly 200 MW solar portfolio in Chile by the end of summer.
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A sponsor has been looking to finance two solar projects in Chile for several months, albeit unsuccessfully so far.
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Colombia's Renewable Energy Association (SER) has requested an extension in the construction timelines of solar and wind parks awarded contracts during Colombia's renewable auction last fall.
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Vienna-headquartered AustrianSolar is moving forward with the development of a 141 MW solar project in Chile.
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The sponsor of a combined-cycle gas-fired plant in Mexico has begun talks with bankers to refinance the asset after it starts operations.
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The non-bank financial institution Corporación Interamericana para el Financiamiento de Infraestructura (CIFI) has provided a debt package for a solar portfolio developed under Chile’s PMGD (Pequeños Medios de Generación Distribuida) distributed generation scheme.
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Engie Energía Chile has agreed to acquire a stake in a coal-fired power plant from Chilean copper producer Antofagasta Minerals while inking an 11-year renewable energy power purchase agreement with the mining company.
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Mexico's Federal Electricity Commission (CFE) has quietly pushed back the procurement processes for combined-cycle gas-fired plants and a transmission line until the end of spring as a result of the Covid-19 pandemic.
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The procurement process for an 860 MW CCGT project in Mexico has been pushed back by several weeks as the country's economy reels and state-owned utility Comisión Federal de Electricidad, which is running the process, suffers a credit rating downgrade.
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Ecuador’s Ministry of Energy and Non-renewable Natural Resources has postponed the procurement process for two renewable projects in the country because of the Covid-19 pandemic.
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