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Renewable developer Genneia has successfully raised $60 million in green bonds to support the development of renewable projects in Argentina. The bonds were oversubscribed, with offers exceeding $90 million from private and institutional investors interested in low-carbon infrastructure projects. The funds will be used to finance projects in the provinces of Buenos Aires and Mendoza, including the La Elbita wind project, Los Molles solar project, and Anchoris solar project. Genneia has issued over $800 million in green bonds and currently operates more than 1GW of solar and wind capacity in Argentina. [Extracted from the article]

Copersucar, an ethanol and sugar producer in Brazil, has partnered with Geo bio gas&carbon to produce sustainable aviation fuel (SAF). The two companies will create a joint venture to develop technology for converting biogas/biomethane into SAF, with the goal of enabling large-scale production in Brazil. They will start with a pilot project in 2025, producing 200,000 liters of SAF per year, and then move on to a commercial-scale production plant. This partnership aligns with Copersucar's strategy of providing renewable energy solutions and could open up new avenues of growth for the company. [Extracted from the article]

Neoenergia, an energy company, has signed a memorandum of understanding (MoU) with the government of Ceará in Brazil to develop offshore wind generation. The agreement involves conducting joint feasibility studies for offshore wind projects off the coast of Ceará. Neoenergia has previously signed similar agreements with other states in Brazil. Ceará is home to the Pecém industrial complex, where companies are working on developing a green hydrogen hub and where offshore wind projects can be interconnected. This partnership aligns with Brazil's goal of transitioning to clean and sustainable energy sources. [Extracted from the article]

Solarity, a solar developer in Chile, has secured a $50 million financing line from Santander to support the deployment of distributed generation solar assets. This follows a previous $25 million financing agreement between the two companies. Solarity plans to develop an additional 30 plants, bringing its total portfolio to 200 by the end of the year, and aims to expand to 1000 plants in the coming years. The company's general manager, Horacio Melo, sees distributed generation as a growing model in Chile and a strategic partner for many companies. Solarity develops solar plants for various types of clients, including commercial, industrial, and agricultural, with installations on roofs, ground, parking lots, and floating solar projects. The company was acquired by Brookfield Renewable in 2021. [Extracted from the article]

Renewables developer Genneia plans to issue green bonds for renewable projects in Argentina. The company will issue two dollar-denominated bonds totaling $20 million, with the potential to increase to $60 million. The proceeds will be used to finance the La Elbita wind project, the Los Molles solar project, and/or the Anchoris solar project, as well as refinance other green projects. Genneia currently operates over 1GW of renewable capacity across wind farms and solar projects. The bonds were structured by Macro Securities and legal advice was provided by Bruchou & Funes de Rioja and Pérez Alati, Grondona, Benites & Arntsen. [Extracted from the article]

Peruvian investment promotion agency ProInversión has awarded three transmission projects worth $329 million to the OA Consortium, consisting of Omega Perú OyM and Concesiones Perú Holdings Transmision I. The consortium will be responsible for the design, financing, construction, operation, and maintenance of the projects for a period of 30 years. The projects, located in the regions of Ica and Arequipa, include the construction of substations and the expansion of existing links. ProInversión plans to award a total of 15 transmission projects worth $941 million this year through public-private partnerships. [Extracted from the article]

Pampa Energía, an energy company based in Buenos Aires, has signed a 7-year power purchase agreement (PPA) with Coca-Cola Andina Argentina. The agreement will supply renewable energy to cover 70% of the energy consumption of three bottling plants and a packaging production facility located in Córdoba, Trelew, and Bahía Blanca. The capacity supplied could potentially increase to cover 95% of the plants' energy consumption. The renewable energy will come from Pampa Energía's VI wind farm, a 140MW project set to come online in the second half of 2024. Pampa Energía currently operates four wind farms totaling 287MW in Argentina. [Extracted from the article]

The National Energy Commission (CNE) has granted a 25-year concession to Ardavín Solar SRL, a subsidiary of Magnetar Global Partners, for an 83MW solar project in the Dominican Republic. The project, located in the Gaspar Hernández municipality in the province of Espaillat, will generate 201GWh of output per year and includes a battery energy storage system. The sponsor expects the project to require $127.4 million in funding, with potential financing from Banco Popular Dominicano SA - Banco Múltiple. This follows the CNE's recent concession for phase 2 of the Montecristi solar project. [Extracted from the article]

Corporación Interamericana para el Financiamiento de Infraestructura (Cifi) has issued $10 million in green bonds through the Euroclear Bank i-Link platform. The funds from the issuance were acquired and financed by development bank CAF through resources from Germany's development bank KfW. The proceeds from the bonds will be used to finance renewable energy projects in Latin America and the Caribbean. Cifi has already financed several renewable projects this year, including solar assets in Brazil and a solar project in the Dominican Republic. [Extracted from the article]

Peru's investment promotion agency, ProInversión, is set to award three transmission projects worth a total of $329 million this month. These projects aim to enhance the integration of renewable energy into the national grid and will benefit over a million people in the regions of Ica and Arequipa. The projects include the construction of new substations and the expansion of existing ones. Five bidders, including Celeo Redes, Cobra Instalaciones y Servicios, Interconexión Eléctrica (ISA), Alupar Perú, and the OA consortium, have been prequalified for the auction process. The winning bidders will be responsible for the design, construction, financing, operation, and maintenance of the projects for the next 30 years. [Extracted from the article]

Actis, an investment firm, has launched an energy platform called Orygen in Peru after acquiring Enel's Peruvian generation business. Orygen consists of a diverse energy generation portfolio with 2.2GW capacity, including solar, wind, hydroelectric, and thermal gas assets. Additionally, there is a development pipeline of renewable projects with a capacity of 12GW. Marco Fragale has been appointed to lead the platform, and Actis plans to mobilize capital behind the business plan. Actis also owns energy platforms in Brazil and Mexico. [Extracted from the article]

Centrais Elétricas de Santa Catarina (Celesc) has received financing from the Brazilian development bank BNDES for solar and hydro projects in the state of Santa Catarina. Celesc secured a total of R$214.4 million ($39.6m) in loans, which will mature in 2034 and 2040. The financing will be used for various projects, including the expansion of the Salto Weissbach hydroelectric plant and the reactivation of the Marium plant hydroelectric generator. Celesc is a utility company that operates in the distribution and generation of electricity in Santa Catarina and Paraná, with a total installed capacity of 126.5MW across 18 power plants. [Extracted from the article]

Iberdrola, an energy company, has signed a Power Purchase Agreement (PPA) with food and beverage manufacturer Millfoods in Mexico. Under the agreement, Iberdrola will supply renewable energy to cover 100% of the power needs of a corn processing plant in Salamanca, Guanajuato. The renewable energy will come from Iberdrola's local portfolio, which includes 6 wind farms and 3 solar projects across Mexico. This partnership aims to reduce polluting emissions and promote a greener and more sustainable world. In March 2024, Iberdrola also closed a $6.2 billion sale of assets in Mexico to Mexico Infrastructure Partners. [Extracted from the article]

Brazil's competition regulator, CADE, has approved the sale of AES's Brazilian portfolio to Auren Energia, a renewables developer. The deal, valued at around $640 million, will result in the merger of the two companies' portfolios. AES Brasil currently has a 5.2GW portfolio of hydro, wind, and solar assets, with an additional 1.7GW in development. After the merger, Auren will manage an 8.8GW portfolio, making it the third largest energy generator in Brazil. The acquisition is expected to be completed by October 2024, pending the fulfillment of other conditions. [Extracted from the article]

Serena Energia, a Brazilian renewables developer, is planning to issue R$400 million ($74 million) in debentures. The debentures have a unitary value of R$1,000 and will mature in June 2029. Serena Energia currently operates over 2,700MW of wind and hydro capacity in Brazil and is also involved in the construction of 35 distributed solar generation plants across the country. The company has expanded its operations to the US with the completion of its first wind complex, the 265MW Goodnight project, and the acquisition of the Ventos da Bahia wind complex. Banco Votorantim is acting as the lead coordinator for the bond issuance. [Extracted from the article]

Neoenergia, a Brazilian energy company, is raising R$1 billion ($185m) through the issuance of debentures to finance transmission lines in Brazil. The debentures have a unitary value of R$1,000 and were rated brAA+ by S&P. The funds will be used to finance substations and transmission lines in the states of Minas Gerais and São Paulo, totaling 1,091km. Neoenergia won these projects in a 2022 auction and plans for them to become operational in 2025. The company operates over 6,000km of transmission lines across 15 Brazilian states and recently sold a 50% stake in its transmission assets to a Singaporean institutional investor. Itau BB served as the lead coordinator for the issuance. [Extracted from the article]

Omnigen Energy, a portfolio company of Appian Capital Advisory, has secured a R$250 million ($50m) debt facility from Itaú BBA to finance the development of a portfolio of small-scale solar power plants in Brazil. The portfolio, located in the state of Minas Gerais, will have a total capacity of 62.4MWp and is expected to be operational by late 2024 and 2025. Omnigen's CEO, Milson Mundim, expressed satisfaction with the financing and highlighted the partnership with Itaú BBA. [Extracted from the article]

Equinor, through its renewable platform Rio Energy, plans to expand its Serra da Babilônia wind farm in Brazil by adding a 140MW solar PV plant. The solar plant will use the existing interconnection system and provide energy to the grid when the wind projects are not producing capacity. Construction is set to begin in September 2024, with commercial operations expected by the end of 2025. Equinor's energy trading company, Danske Commodities, will sell the output from the complex. This project marks Equinor's first investment decision since acquiring Rio Energy in November 2023, which has 600MW of renewable energy capacity in operation and under construction in Brazil. [Extracted from the article]

Renewables developer RZK Energia has secured financing from Banco do Nordeste (BNB) for a portfolio of distributed solar projects in Brazil. The R$150 million ($27.6m) funding will support the development of seven projects in the north east region, with a total installed capacity of 45MW. These projects are expected to be operational by the end of 2025. RZK Energia currently has 28 solar projects in operation in Brazil and has recently announced an additional 13 solar plants in partnership with FIT Energia. These new plants, representing an investment of over R$200 million, are also scheduled to come online by 2025. [Extracted from the article]

Brazilian oil and gas company Petrobras has signed a memorandum of understanding (MoU) with Rio de Janeiro to explore the development of offshore wind projects in the state. The agreement involves studying the feasibility of a pilot offshore wind project, collaborating on technology testing, and supporting future commercial-scale projects. Currently, there are 15 offshore wind projects in Rio de Janeiro state under review for licensing. Petrobras has also submitted permitting requests for 23GW of offshore wind projects along the Brazilian coastline and has partnered with Equinor for future developments. This collaboration follows a previous agreement between Petrobras and Rio de Janeiro for the development of a carbon capture hub. [Extracted from the article]

Costa Rica's state-owned power and telecommunications provider, Instituto Costarricense de Electricidad (ICE), has expressed interest in receiving $400 million in financing from the European Investment Bank (EIB) to modernize and expand the country's energy infrastructure. The EIB will evaluate financing options and establish the terms and conditions during their due diligence process. Costa Rica plans to add 412MW of renewable energy capacity, including solar, wind, and biomass projects, between 2024 and 2026. ICE recently awarded wind and solar projects in the province of Guanacaste. [Extracted from the article]

Chilean developer Orion Power is planning to build a battery energy storage system (BESS) in the Atacama region. The project, called Alianza, includes a 90MW energy storage facility, a substation, and a transmission line. Orion Power expects the project to cost $95 million and construction is scheduled to begin in June 2025, with completion expected in December 2025. Orion Power is primarily focused on developing solar assets in Chile, with 110MW of projects under construction and an additional 500MW under development. [Extracted from the article]

EDF Renewables has issued debentures worth R$440 million ($82m) to fund the expansion of the Serra do Seridó wind complex in Brazil. The debentures have been given a rating of AA+ by Fitch and will mature in April 2042. The Serra do Seridó 2 complex, located in Paraíba, will have an installed capacity of 237.5MW, increasing the complex's total capacity to 480MW. EDF Renewables has also secured a R$330 million loan from Banco do Nordeste to finance the second phase of the project. BTG Pactual acted as the lead coordinator for the issuance. [Extracted from the article]

Ultragaz, an oil and gas company in Brazil, has purchased a majority stake in renewable energy services and commercialization platform Witzler Energia. Ultragaz acquired a 51.7% stake in the energy trader for R$110 million ($20.4m), with R$50 million to be invested in the company and R$60 million to be paid at the close of the transaction. An additional R$40 million will be injected into the company based on certain performance conditions within the next year. Witzler Energia operates in the free market, managing and commercializing renewable energy for customers across 24 states in Brazil. The acquisition is pending regulatory approvals. [Extracted from the article]

The Brazilian development bank, BNDES, has signed agreements with China Development Bank and the Asian Infrastructure Investment Bank (AIIB) to finance sustainable projects in Brazil. BNDES has secured a 10-year loan agreement of up to $800 million to support infrastructure and industry, including sectors such as power, agriculture, mining, water, climate change, and green development. Additionally, BNDES and AIIB have signed a letter of intent to deepen cooperation in sustainable development, potentially leading to investments of around $250 million in renewable energy, logistics, and sustainable urban mobility. The president of BNDES, Aloizio Mercadante, emphasized Brazil's commitment to transitioning to a green economy and the importance of partnerships with development institutions in China and Asia. [Extracted from the article]

YPF Luz, the power generation arm of YPF, is planning to issue $50 million in bonds in Argentina. The bonds will be issued in two series, with maturity dates in 2026 and 2027. The funds raised will be used for various purposes, including financing renewable assets, working capital, and refinancing debt. YPF Luz currently operates 3.2GW of installed capacity in Argentina, including 500MW of renewable assets, and is developing two wind projects to add an additional 218MW of renewable power. Santander and Banco Galicia are the structuring agents for the bond issuance, and legal advice is being provided by Bruchou & Funes de Rioja for YPF Luz and Tanoira Cassagne for the structuring agents. [Extracted from the article]

Renewable developer Genneia has announced plans to invest $250 million in the development of two solar projects in the province of Mendoza, Argentina. These projects, with a combined capacity of 273MW, will provide clean energy to over 160,000 homes. Genneia currently operates over 1GW of renewable capacity across wind farms and solar projects and aims to support the energy transition, decarbonization, and local employment. The company recently signed a power purchase agreement with Grupo Princz-IPASA, a PVC and polymers producer. [Extracted from the article]

Equatorial Energia, a Brazilian energy company, has requested two loans totaling up to $250 million from the International Finance Corporation (IFC). The first loan will be used to finance improvements and capacity expansion for Equatorial's Alagoas subsidiary, while the second loan will provide capital for a distribution subsidiary. The financing includes an 8-year senior green loan of R$500 million ($100 million) and an 8-year corporate facility of $150 million. The IFC board is expected to make a decision on the loan on July 8, 2024. Equatorial serves approximately 10 million customers across seven subsidiaries in various states in Brazil. [Extracted from the article]

China's State Power Investment Corporation (SPIC) is planning to develop a 105MW wind complex in the state of Rio Grande do Norte in Brazil. The project will require an investment of R$780 million ($146m), with construction set to begin in June 2024 and the project becoming operational in 2026. SPIC will sell the project's output in the free energy market. Despite challenges in the wind energy sector, SPIC remains committed to investing in Brazil's growth potential. SPIC currently operates a 3.4GW portfolio of conventional and renewable assets in Brazil, and is also working on hydrogen and offshore wind projects. [Extracted from the article]

Brazil's state-owned power generation company, Eletrobras, has sold a portfolio of 13 gas-fired power plants to Âmbar Energia for R$4.7 billion ($876 million). The portfolio includes power plants with a total installed capacity of 2GW, located in the state of Amazonas and Rio de Janeiro. This sale is part of Eletrobras's strategy to transition to a 100% renewable energy matrix. Âmbar has been actively acquiring power plants, including Eletrobras's last coal-fired power plant and the Araucária power plant. [Extracted from the article]

Engie, a company developing a wind complex in Brazil, plans to issue R$2 billion ($381 million) in debentures to finance the project. The debentures have a unitary value of R$1,000 and were rated AAA(bra) by Fitch Ratings. The issuance is divided into four series, with the proceeds from the first three series being used for expenses or debts related to the wind project, and the fourth series going towards funding the company's working capital. The Serra do Assuruá wind complex, located in Bahia, will have an installed capacity of 846MW and is expected to be fully operational by the end of 2025. Engie previously secured a R$1.5 billion loan from Brazilian development bank BNDES for the project. The issuance is being coordinated by a consortium of banks including Itau BBA, Banco Votorantim, Bradesco bbi, ABC Brasil, Safra, and Santander. [Extracted from the article]

The Saudi Fund for Development (SFD) has agreed to finance a biogas power plant in El Salvador. The SFD will provide an $83 million loan for the construction of a water treatment and biogas power generation project that will utilize wastewater from the Acelhuate River. The project, which will be carried out by the Executive Hydroelectric Commission of the Lempa River (CEL), will also receive an additional $15.25 million from CEL. The project aims to improve El Salvador's renewable energy capacity, wastewater treatment, and environmental conditions, while also creating jobs and strengthening the local economy. [Extracted from the article]

Eletrobras, a Brazilian energy company, has signed a memorandum of understanding (MoU) with Prumo Logística to support the development of green hydrogen in Brazil. The agreement will assess the feasibility of establishing a green hydrogen production plant in the industrial port of Açu, located in Rio de Janeiro. Several other companies, including SPIC, TotalEnergies, EDF Renewables, Iberdrola, and Ocean Winds, have also signed agreements with Prumo Logística to promote the growth of the green hydrogen industry in the Port of Açu. Eletrobras has recently signed additional MoUs for green hydrogen development with Green Energy Park and the state of Ceará. [Extracted from the article]

Sindicato Energético (Sinersa) has acquired a hydroelectric asset in Peru from mining company Volcan. Sinersa purchased 100% of the shares in Empresa de Generación Eléctrica Río Baños (EGERBA) for $31.7 million. EGERBA operates the Rucuy hydroelectric plant with a capacity of 20MW in Lima. Sinersa operates several other hydroelectric power plants in Peru and is currently developing the Olmos 1 power plant. [Extracted from the article]

Grupo Energía Bogotá, through its subsidiary Enlaza, has received approval to proceed with the Colectora transmission project in Colombia. The project will connect the Colectora and Cuestecitas substations, running 228km in the northern region of the country. It will interconnect 1,050MW of wind energy from La Guajira to the national grid, contributing to increased renewable energy generation and reducing the risk of energy shortages. The project is expected to be operational by 2026. GEB operates power lines in Colombia and recently issued a $400 million green bond to finance its investment plan. [Extracted from the article]

Renewables developer Casa dos Ventos has signed a long-term power purchase agreement with French gas manufacturing company Air Liquide for 24MW of wind energy from its Folha Larga Sul wind complex in Bahia, Brazil. The complex has a total capacity of 151.2MW and has been operational since 2020. Casa dos Ventos has a portfolio of 3.1GW of projects in Brazil and a development pipeline exceeding 30GW. Earlier this year, the company also signed a power purchase agreement with Brazilian hygiene and cleaning company Ypê. [Extracted from the article]

Chilean utility Colbún is planning a $1.4 billion energy storage project in the Antofagasta region. The project, called Bombeo Paposo, will use a closed circuit of desalinated water to store renewable energy. It will have a storage capacity of up to 800MW and generate approximately 1,800GWh per year. The project is scheduled to begin construction in June 2026 and come online by the end of 2029. Colbún sees this project as an innovative and sustainable solution to increase the use of variable energy sources like solar and wind. [Extracted from the article]

Alupar Investimento has won two transmission projects in an auction held by Chile's National Electrical Coordinator (CEN). The projects, located in the provinces of Antofagasta and Atacama, require a total investment of $146 million. These projects aim to strengthen networks in northern Chile, integrate renewable energy sources into the grid, and phase out coal-generation by 2030. Alupar is also active in the transmission and generation sectors in Brazil, Chile, Colombia, and Peru. The projects are expected to be operational by the end of 2027, and the sponsors will have 25 years to operate the assets. [Extracted from the article]

SIBA Energy Corporation has secured long-term financing for a gas-fired power plant in the Dominican Republic. The financing consists of three tranches totaling DOP$4.1 billion ($69.1 million), $188 million, and $40 million. Lenders involved in the project include various banks and investment firms. The funds will be used to construct and commission a 258MW combined-cycle gas fired power plant in the Santo Domingo province. SIBA Energy is a joint venture between EGE Haina, Monte Río Power Corporation, and Soluciones en Gas Natural (SGN). [Extracted from the article]

Atlas Renewable Energy has requested a $55 million loan from IDB Invest for its Shangri-La solar project in Colombia. The loan will support the construction of the $160 million project, its transmission line, and other associated infrastructure. The Shangri-La project, located in the department of Tolima, has an installed capacity of 160MW and will generate 403.7GWh of output per year. The project is contracted under a power purchase agreement with a leading Colombian energy distribution company and is set to come online by the end of 2025. This is Atlas Renewable Energy's first solar asset in Colombia. The loan is expected to be approved by IDB Invest's board of directors on July 17, 2024. [Extracted from the article]

Miami-based Atlas Renewable Energy is planning to develop a 304MW wind project in Chile. The Altos de Tablaruca project, located in the region of Los Lagos, has been submitted for permitting to Chile's Environmental Evaluation Service. The project will include a battery energy storage system (BESS), a substation, and a 51km transmission line. Construction is expected to begin in the second half of 2026, with the project coming online in the second half of 2029. Atlas Renewable Energy has a portfolio of solar, wind, and storage assets in Latin America, including the 209MW Vientos del Valle wind project in Chile's Biobío region. [Extracted from the article]

Brazilian energy company Grupo Energisa has secured a R$1.76 billion ($332.6 million) loan from the Brazilian development bank BNDES to support its distribution subsidiaries across 11 states in Brazil. The financing will be divided among the company's 9 distribution businesses, which serve a total of 20 million people. This funding will enable the company to maintain operations, improve the quality of electricity supply, expand its networks, and increase its customer base. The director of infrastructure, energy transition, and climate change at BNDES emphasized the importance of expanding energy distribution services for the population and ensuring the reliability of energy in these regions. [Extracted from the article]

Petroquímica Comodoro Rivadavia (PCR), an oil and gas company in Argentina, has signed a power purchase agreement (PPA) with BBVA. Under the agreement, PCR will provide 2,135MWh of renewable energy per year for 5 years, covering 80% of BBVA's energy consumption in Buenos Aires. The renewable energy will come from PCR's Mataco III and Vivoratá wind farms, which have been operating since October 2023. PCR aims to be a strategic supplier of renewable energy to large companies in Argentina. This is not the first PPA that PCR has signed, as they previously entered into an agreement with Arcos Dorados, a restaurant chain owner, to supply renewable energy from the same wind farms. [Extracted from the article]

Spanish group Uriel Inversiones has received regulatory approval for its Quinquimo solar project in Chile. The project, submitted by Uriel Renovables, will have an installed capacity of 65MW and includes the construction of transmission lines, a substation, and a battery energy storage system. Construction is scheduled to begin in 2025, with commercial operations starting in 2026. Uriel Renovables is a Madrid-based company that develops and operates renewable energy projects in Latin America, including Chile, Mexico, and Puerto Rico. They are also awaiting permitting for a 100MW solar project in Chile. [Extracted from the article]

Neoenergia, a Brazilian energy company, is issuing R$1.1 billion ($211m) in debentures to finance transmission lines that it won in a 2022 auction. The debentures have a unitary value of R$1,000 and were rated brAA+ by S&P. The funds will be used to finance substations and transmission lines in the states of Minas Gerais and São Paulo. The projects are expected to be operational by June 2025. Neoenergia currently operates over 6,000km of transmission lines across 15 states in Brazil. In October 2023, the company sold a 50% stake in its transmission assets to a Singaporean institutional investor. The coordinators for the debenture issuance are Itau BB and XP Investment Banking. [Extracted from the article]

Fotowatio Renewable Ventures (FRV), a Madrid-based company, is planning to develop a battery energy storage system (BESS) project in Chile. The project, called Medialuna, has been submitted for permitting and will have a capacity of 264MWh. Construction is scheduled to begin in August 2025, with the project expected to be operational by July 2026. FRV is also working on other renewable projects in Chile, including wind and solar projects. [Extracted from the article]

Grupo Zilor, a Brazilian sugar, ethanol, and renewable power producer, has requested a $30 million financing package from the International Finance Corporation (IFC) to expand one of its plants in Sao Paulo state. The expansion project requires a total of $60 million, with $30 million already financed through debentures issued in 2022. The IFC board is expected to make a decision on the loan on June 26, 2024. Grupo Zilor operates three units in Sao Paulo and produces sugar, ethanol, and renewable energy. [Extracted from the article]

Brazilian utility Copel and Petrobras have completed the sale of their ownership stakes in the Araucária gas-fired power plant in Brazil. The sale was approved by regulatory authority Cade and the plant was sold to Âmbar Energia, an oil and gas company. The sale price was R$395 million ($80 million), with Copel's stake accounting for R$321 million. Âmbar Energia, a subsidiary of J&F Investimentos, operates gas-fired power plants, gas pipelines, and power lines in Brazil. They previously acquired the Candiota power plant from Eletrobras in September 2022. [Extracted from the article]

Petroquímica Comodoro Rivadavia (PCR), an oil and gas company in Argentina, is expanding its San Luis Norte wind farm by adding a solar project. The solar capacity will be 18MW, increasing the hybrid project's total capacity to 130.5MW. The wind farm, located in the province of San Luis, began operating commercially in October 2023. PCR developed the project in partnership with steel manufacturer ArcelorMittal Acindar, who will also use the renewable power for its operations. PCR currently operates six wind farms in Argentina, with a total renewable capacity of 527MW. They recently signed a power purchase agreement with BBVA to supply the bank with renewable energy. [Extracted from the article]

MPC Energy Solutions (MPCES) has secured $34 million in project financing from Banco de América Central for the construction of the San Patricio solar plant in Guatemala. The solar plant, with an installed capacity of 66MW, is expected to begin operations by mid-2025. The project has a private power purchase agreement with local sugarcane company Ingenio Magdalena. This is MPCES's first project in Guatemala, and they currently have a portfolio of operational projects totaling 80MW in Central America and the Caribbean, with additional projects under development. [Extracted from the article]