Project Finance

Big businesses have begun to move on carbon capture while the US government spurs advancements in the emerging sector through its Bipartisan Infrastructure Law’s (BIL) tax credits, loans and grants.

Canadian-based power producer Codelio Power has secured construction loan financing and tax equity for its 171MW Moraine Sands wind project in Mason County, Illinois.

Brazil’s National Electric Energy Agency (Aneel) has confirmed the first transmission auction of this year to be held on June 30.

Ares-backed Heelstone Renewable Energy closed a $357 million debt financing with JPMorgan Chase and Fifth Third Bank for five utility-scale solar projects.

EDF Renewables Brasil has signed a memorandum of understanding (MoU) for the development of green hydrogen with the state government of Rio Grande do Norte.

Hyundai Motor Group and LG Energy Solution (LGES) have launched an electric vehicle (EV) battery cell manufacturing joint venture in Georgia.

FuelCell Energy, a global manufacturer of proprietary fuel cell technology, has secured a $87 million non-recourse project financing facility.

The US power sector is experiencing a remarkable influx of foreign investments, with companies from across the globe pouring billions of dollars into clean energy projects bolstered by the Inflation Reduction Act (IRA).

Czech renewables developer Solek has landed financing for a 284MW portfolio of solar assets the company is developing in Chile.

Renewable fuels company Raven SR has received environmental approval from the city of Richmond, California for its biofuel project.

AES Andes is retiring the company’s Norgener coal-fired power plant in Chile.

Lightsource BP has reached commercial operation on its Bellflower Solar project.

The National Energy Commission (CNE) has granted a total of three definitive concessions for solar projects to be developed on the island.

Spanish JV partners Repsol and Ibereolica Renovables have commissioned the first phase of their maiden joint solar project plant in Northern Chile.

Latin America Power is planning a 73MW expansion to the company’s San Juan wind project in Chile.

Chile’s National Energy Commission (CNE) has revealed details on its 2023 power auction which will be held in December.

Leyline Renewable Capital has invested $30 million with solar and storage developer Accelergen Energy.

The US Department of Energy (DOE) will award $32.6 million to the Colorado School of Mines, Carbon America, and Los Almost National Laboratory for a carbon storage hub in Pueblo, Colorado.

AES Andes has received environmental approval to develop a massive hybrid complex in Chile after submitting the project almost three years ago.

Generate Capital, a San Francisco-based sustainable infrastructure fund will invest $250 million in Ambient Fuels, a green hydrogen developer.

Aspen Power has completed construction on its first solar project with residential real estate powerhouse The Michaels Organization.

Omega Energia has entered an agreement with São Paulo-based fund manager Apolo to develop solar generation in Brazil.

Renewable developer Omega Energia has landed R$415.32 million ($83.6 million) for a wind complex the company is developing in Brazil.

Blackrock-owned DSD Renewables closed a $75 million dollar tax equity financing with Bank of America for several commercial and industrial (C&I) and community solar projects across the US.

Parque Eolico Arauco (PEA) is partnering with IMPSA on a solar project in the province of La Rioja in Argentina.

Matrix Renewables, global energy developer backed by TPG, announced the completion of construction and financing for its Kern County, California projects Gaskell West 2 and 3. The projects are 143MWdc of solar and an energy storage system with an 80Mwh capacity.

EBCO Energía has submitted a utility-scale solar project for environmental review in Chile.

MPC Energy Solutions is planning to develop up to 70MWp of renewable energy projects in Panama.

Republic Transmission – a subsidiary of LS Power – has secured a contract from MISO to develop, own, operate and maintain a double-circuit transmission line in northern Indiana.

Neoenergia has signed a financing agreement that will support the expansion of its energy distribution business in Brazil.

Bitech Technologies Corporation has received $300 million in financing from Nam Viet Green Energy JSC (Nam Viet Energy) for selected solar and battery energy storage system (BESS) projects.

President Biden's suspension of tariffs on solar panels from four Southeast Asian nations was repealed by the US Senate, threatening solar projects while American solar panel manufacturing gets up and running.

Pivot Energy has closed on a $203 million financing facility to support a multi-state portfolio of distributed generation solar projects in the US.

Denham Capital-backed power firm Ceiba Energy has signed an EPC contract with a consortium of Mitsubishi Power Americas and Consag to develop a 1.6GW LNG-to-power plant in northeastern Brazil.

The National Energy Commission (CNE) has granted a definitive concession to Irradiasol Dominicana for a solar project in the Dominican Republic.

Linxon has signed an exclusivity agreement with Available Power for the 100MW / 200MWh Greenport Battery Energy Storage System (BESS) project in Austin, Texas.

PowerChina has signed a memorandum of understanding with the government of the state of Ceará for the development of a solar project.

YPF Luz has signed a memorandum of understanding (MoU) with Cementos Avellaneda to jointly develop a wind project in Argentina.

The move towards a greener US power industry through investments in new clean energy technologies is being aided by government policy and dollars, but risks remain for all participants with a number of exogenous factors impacting ‘green’ financing.

New Jersey has begun the process for its second offshore wind transmission solicitation, which will bring the state closer to its newly increased offshore wind policy target of 11GW.

Akuo Energy and Atlantica Sustainable Infrastructure have reached financial close and start of construction on a solar PV portfolio in Chile.

Peruvian investment promotion agency ProInversión and Acciona have signed a concession contract for 2 power transmission lines in Peru.

Renewables developer BayWa r.e has completed close on a $115 million credit facility with Nomura to support the development of utility-scale solar and solar+storage projects in the US.

Argentina's Secretariat of Energy has received more than 2GW of renewable energy project bids in a tender launched earlier this year.

SFC Energy, a supplier of hydrogen and methanol fuel cells, has opened 2 competence centers for hydrogen fuel cell technology in Calgary and Toronto.

Pampa Energía is planning to issue green bonds to finance the construction of a wind project the company is developing in Argentina.

Spanish renewables firm Ecoener will close a deal to finance its Colombian Sunnorte Solar PV Plant in May.

French solar developer GreenYellow has started construction on five utility-scale solar projects in Colombia.

Small-scale Chilean developer oEnergy is adding two solar-plus-storage projects to the company’s development pipeline.

The World Bank’s International Finance Corporation (IFC) will provide up to $175 million to strengthen Guatemala’s power distribution.

The renewable subsidiary of real estate and construction group EBCO Industrial is planning to develop two solar projects in Chile.

Innergex Renewable Energy has secured a $49.5 million loan to s;upport the construction of the San Andrés battery energy storage project in Chile.

Spain’s Enerfín has landed a loan to finance the construction of the company’s first solar project in Colombia.

The power generation subsidiary of Argentina’s state-owned oil and gas company YPF Luz has inaugurated its first solar park.

Renewables developer Avangrid, a part of Iberdrola, has teamed up with the Navajo Tribal Utility Authority (NTUA) to develop up to 1GW of green energy projects within the Navajo Nation in the states of New Mexico and Arizona.

The government of Colombia will tender a 500/230kV transmission substation project, the first such tender in in the country.

Peru’s Energy and Mines Ministry (MINEM) has granted local electricity company Ecorer a temporary concession for the 100MW Montalvo solar project.

China’s State Power Investment Corporation (SPIC) has signed a memorandum of understanding to promote green hydrogen production in the state of Rio de Janeiro.

Brazilian construction company BN Engenharia will carry out infrastructure work on China’s State Power Investment Corporation (SPIC) and Canadian Solar’s 738MW solar portfolio.

Renewables developer Emrgy has raised $18.4 million in Series A funding to launch a hydro turbine factory in Colorado and support the development of its hydropower projects.

Lightsource BP has reached a $327 million financial close on the 313MWdc (250MWac) Driver Solar Project near Osceola in Mississippi County, Arkansas.

Spanish developer Fotowatio Renewables Ventures (FRV) has begun the permitting process for a utility-scale wind project in Chile.

Peruvian investment promotion agency ProInversión is looking to award the Piura Nueva – Frontera transmission project in July.

Small-scale developer oEnergy is adding a solar-plus-storage project to the company’s pipeline in Chile.

Mitsubishi Power is partnering with Warwick Carbon Solutions for decarbonization projects in the electric power and industrial sectors.

Vesper Energy — the developer, owner, and operator of utility-scale renewable energy assets — has upsized its existing letter of credit (LC) facility to $200 million from $140 million.

Clearway Energy Group has closed financing on two utility-scale solar and storage projects in Riverside County, California.

French energy company Engie has signed a memorandum of understanding (MoU) to support the development of green hydrogen in the state of Paraná in Brazil.

Ecuador’s Ministry of Energy and Mines has awarded projects in a renewables tender the country launched back in December 2021.

Offshore wind in Latin America is generating conversation, if not power, as its governments attempt to meet ambitious energy transition goals. According to the World Bank, the region holds 8,000GW of potential technical capacity, with Brazil, Colombia, Chile and Mexico offering some of the best resources for implementation.

Details have emerged on Spanish utility Solarpack’s acquisition of a concession to develop a 200MW PV solar farm in Manabí, Ecuador.

Paraguay’s state-owned power utility ANDE has signed an agreement with Swedish-based engineering company AFRY and Argentinian firm Latinoconsult to rehabilitate and modernize the 200MW Acaray hydropower plant.

Grupo Energisa has landed financing to support the development of distributed generation solar projects in Brazil.

Brazilian developer Casa dos Ventos has landed a loan from BNDES to support the construction of the Umari wind complex.

Dominican public utility Empresa Generadora de Electricidad Haina (EGE Haina) has secured a definitive concession for a solar project on the island.

Danish wind turbine manufacturer Vestas will supply turbines to the 162MW La Eltiba wind farm in the province of Buenos Aires in Argentina, owned by local renewable energy producer Genneia.

This week, First Citizens Bank agreed to a whole bank purchase of Silicon Valley Bank, taking on all its loans and certain other assets, as well as assuming all its customer deposits and certain other liabilities. In all, First Citizens is taking assets of $110 billion, deposits of $56 billion and loans of $72 billion.

RWE has signed a Memorandum of Understanding (MoU) with Entergy to jointly evaluate the delivery of clean energy from offshore wind to industrial customers in Texas and Louisiana.

Duke Energy has started commercial operation of North Carolina's largest battery system, an 11MW project in Onslow County.

Danish wind turbine manufacturer Vestas has signed an agreement with Brazilian developer Casa dos Ventos to supply wind turbines to two mega wind farms.

Chile’s national energy commission is calling for an international public tender to award the construction, execution and operation of 15 transmission works, with a combined value of $414 million.

The governments of Canada, Nova Scotia, and Newfoundland and Labrador have begun regional assessments for offshore wind development.

Brazil’s power sector regulator Aneel has approved the remaining 100MW worth of solar projects from the A-5 tender held on 14 October 2022.

Oya Renewables, the clean energy developer and independent power producer, has closed a $27.1 million long-term loan facility from City National Bank (CNB) and tax equity funding from Greenprint.

Engie has received the greenlight to turn on the first unit of its Santo Agostinho wind project in Brazil.

Mexico’s government will develop renewable energy projects to power the 300km Tehuantepec isthmus rail corridor between ports in Oaxaca and Veracruz states.

Chinese wind turbine manufacturer Xinjiang Goldwind Science & Tech will invest R$150 million ($29m) to create a production base in Brazil’s Bahia state.

Netherlands-based renewables company MPC Energy Solutions announced the completion of construction and grid connection for its Parque Solar Los Girasoles.

South Korea's LG Energy said it would invest about KRW7.2 trillion ($5.5 billion) in a battery-manufacturing complex in Arizona.

Mexico’s renewable energy sector might be on the road to recovery, with elections to be held in July 2024. Following a run of lean years, sponsors and lenders alike were enthusiastic for the future while discussing the renewable landscape at REFF Latam 2023 last week.

Norwegian renewables provider Scatec has made its first drawdown under a $240 million non-recourse loan facility to partly finance the 531MW Mendubim solar project.

French renewable developer GreenYellow is entering the utility-scale solar generation market in Brazil.

Neoenergia has brought online the entire Neoenergia Renewable Complex, Brazil’s first operational hybrid complex.

Foss & Company has closed on a tax equity partnership with Birch Creek Energy for $130 million of investment.

Two organizations have joined forces to collaborate on advancing the development and deployment of projects in the rapidly scaling North American offshore wind industry.

The Argentine province of Santa Fe’s energy distributor EPE will issue a regional tender for renewable energy after several months’ delay.

New Fortress Energy has entered into an agreement with Weston Solution for the installation and operation of 150MW of additional power generation at the Palo Seco Power Plant in Puerto Rico and the supply of natural gas.

Avangrid has bolstered its footprint in the US renewables sector with plans to develop two solar farms in Texas and Ohio. The projects, which generate a total of 523.5MW of power, are:

AES Andes is planning an addition to its renewable pipeline in Chile with a new solar-plus-storage project.

Paraguay’s National Electricity Administration (ANDE) and the Plata Basin Financial Development Fund (Fonplata) have agreed to terms for a loan to develop a transmission line project.

Brazil’s National Electric Energy Agency (Aneel) is preparing its second transmission auction of the year, the largest in terms of investments ever held in the country.

Twain Financial Partners has secured a lending license from the United States Department of Agriculture (USDA), enabling it to act as a single-source capital deployer for eligible projects.

Leeward Renewable Energy has closed an $180 million commitment from MUFG Bank and Wells Fargo for a 200MW Horizon Solar Facility located in Frio County, Texas.

The Department of Energy’s recent $6 billion funding announcement for decarbonization projects is likely to spur future investment from traditional infrastructure investors in the nascent energy subsector.

The Biden Administration has announced $2.5 billion in new funding for a program to fund electric vehicle (EV) charging and alternative fuelling infrastructure across the country.

Ozop Energy Solutions – a subsidiary of Ozop Engineering and Design (OED) – has become Pace Equity's project finance partner.

Brazilian chemical company Unigel has formally signed an agreement with German electrolyzer manufacturer Thyssenkrupp Nucera to develop the second phase of a green hydrogen ammonia project in the state of Bahia.

Brazilian development bank BNDES has approved financing for French electricity producer Helexia, part of the Voltalia Group, to install solar projects across Brazil.

US solar power producer Navisun has secured up to $235 million in debt financing to support its growth strategy.

Engie Energía Perú was granted a definitive concession for the development of a solar project in Peru after submitting a request last July.

The local subsidiary of AES Corp is planning to develop a new utility-scale solar project in El Salvador.

Danish wind turbine manufacturer Vestas has signed two turbine supply contracts with utilities in Argentina and the US for a total capacity of 151MW.

Argentina’s federal transmission trust fund has launched a tender for a project in Catamarca province as part of the country’s regional electricity improvement plan.

Grupo Ibereólica is planning a hybrid solar and wind complex in Chile.

The Puerto Rican Public Private Partnerships Authority has issued a request for qualifications (RFQ) for the development of a LNG-to-hydrogen plant on the island.

The California Independent System Operator (CAISO) has nominated LS Power Grid California to finance, construct, own, operate and maintain two projects to support electricity reliability in California:

Chevron New Energies – a division of Chevron USA – and JERA Co have signed an MoU for collaboration on carbon capture and storage (CCS) projects in the US and Australia.

Enel Green Power has started construction on the El Manzano solar project in Chile.

Norwegian oil & gas group Equinor and Brazilian state-run oil & gas firm Petrobras have announced a collaborative initiative to study the potential for over 14GW of offshore wind projects in Brazil.

Brazilian development bank BNDES has approved financing for two biofuel plants through the bank’s RenovaBio initiative.

French energy company Voltalia has signed a memorandum of understanding (MoU) for the development of green hydrogen in Brazil.

Geothermal Core and GEG have teamed up to originate and develop the first utility-scale geothermal power plant in Texas.

Credit-focused investment manager AB Carval and tax equity investor Nelnet have financed the latest portfolio of small-scale utility and community solar developer Renewable Properties.

Santiago-based developer Orion Power is planning a utility-scale solar project in Chile.

The Peruvian Ministry of Energy and Mines has granted three concessions (two of them definitive) for the development of power generation projects in the country.

Battery energy storage systems developer Available Power has partnered with Linxon on a front-of-meter energy storage project pipeline in Texas's ERCOT market.

360 Energy is planning to issue bonds for up to $80 million to finance a solar project the company is developing in Argentina.

Grupo Ibereólica has received environmental approval to develop a massive wind project after waiting for more than two years.

Avangrid has hit commercial operation at its 150MW Lund Hill solar farm in Klickitat County, Washington. It is the state’s largest photovoltaic plant.

OCI Solar Power has signed an agreement with Mitsui & Co. (USA) to collaborate on utility-scale solar energy projects in Texas.

Ontario-based developer Canadian Solar is looking to develop a new solar-plus-storage project in Chile.

YPF Luz and Pampetrol have entered an agreement to jointly develop solar generation projects in Argentina.

AES Andes is planning to develop and build a hybrid project, the company's first in Chile.

Power generation company Genneia has secured financing for three renewable projects it is developing in Argentina.

Coldwell Solar has launched a gigawatt-scale solar project that will allocate a portion of the output to producing clean hydrogen on-site.

Chile-based renewables company Verano Energy (formerly Verano Capital) has secured several permits needed for construction of a 100MW solar power project in Peru.

French-based renewables producer Total Eren will construct its first project in Honduras, a 122MW wind farm.

Spanish joint venture partners Repsol and Ibereolica Renovables have officially turned on their 165.3MW Atacama wind farm.

UGI Energy Services — a subsidiary of UGI — has formed a joint venture with Archaea Energy, a subsidiary of BP.

AmmPower Corp. has signed an MoU with the Port of Corpus Christi Authority (PCCA) to explore green hydrogen as feedstock for clean fuel, green derivatives production, storage and a distribution facility.

Argentine energy company Pampa Energía is adding a new wind project to its development pipeline.

Eolian, a subsidiary of Global Infrastructure Partners (GIP), has successfully closed a tax equity investment in two standalone battery storage projects in Mission, Texas.

Brazil's EDP Renewables' (EDPR) 580MW wind farm complex in Rio Grande do Norte state has been inaugurated.

Chinese PV systems provider Antaisolar will supply 187MW worth of solar tracking systems solutions to Brazilian utility Cia Energetica de Minas Gerais, also known as Cemig.

Casa dos Ventos and Comerc Eficiência (an energy efficiency company of Comerc Energia Group) have signed a partnership with TransHydrogen Alliance (THA) for the production and export of ammonia.

Comcast has issued a green bond worth $1 billion to investors to support clean energy and infrastructure initiatives.

Puerto Rico has launched the third tranche of its six-tranche renewable energy procurement process.

Renewable developer Longroad Energy has reached financial close on a 150MWac PV project in Polk County, Texas, which will now enter construction.

Utility Enel Chile has secured approval to start commercial operations on its 204MW solar farm in the Atacama Desert, the company said on 7 February.

The investment arm of the Inter-American Development Bank, IDB Invest, will finance an 80MW thermal power plant (TPP) in Brazil, the multilateral announced on 6 February 2023.

The Chilean National Commission of Energy is launching a request for proposals (RFP) for transmission projects in the country.

Chemical companies OCI and Linde have agreed on a clean hydrogen supply deal which will see the latter build and operate a hydrogen plant at the former's blue ammonia plant project in Beaumont, Texas.

YPF Energia Electrica is set to issue bonds to finance a new solar project the company is developing in Argentina.

MPC Energy Solutions has started operations for its Santa Rosa and Villa Sol solar PV plants in El Salvador, which have a combined installed capacity of 21.3MW.

Sustainability-focused investment firm Pacolet Milliken has formed a joint venture with Oregon-based Evensol, a developer of renewable biogas assets.

Genneia is issuing green bonds for up to $80 million to finance a pair of renewable projects the company is developing in Argentina.

Chilean small-scale developer oEnergy is growing its portfolio with a solar-plus-storage project.

Spanish renewables firm Grenergy will develop three PV solar plants in Colombia.

YPF’s power generation arm YPF Luz is set to start construction on the company’s fourth wind project in Argentina.

Bioenergy developer Brasil BioFuels (BBF) has issued debentures to finance power plants in Northern Brazil.

UK-based Atome Energy has inked a partnership agreement with Cavendish, the renewable energy arm of Grupo Purdy SA, in Costa Rica.

Solar developer Erco Energia has landed $30 million to support the development of solar projects in Colombia.

Peruvian investment promotion agency ProInversión has awarded two electricity transmission PPPs to Spain-based infrastructure company Acciona Concesiones.

Chilean utility company Colbún and Japanese multinational Sumitomo will ally to study the feasibility of green hydrogen-to-ammonia projects in Chile.

Norsk Solar has secured additional financing for a 18MW solar project the company is developing in Brazil.

Allete is partnering with Grid United on a $2.5 billion transmission line between the states of North Dakota and Montana.

Duke Energy Sustainable Solutions (DESS), a nonregulated commercial brand of Duke Energy, has placed the 120MW Jackpot Solar project in Twin Falls County, Idaho into commercial operation.

The deadline to submit bids for New York’s third competitive offshore wind solicitation passed on 26 January, with Ørsted and BP among the bidders.

Enel Green Power has brought the São Gonçalo III solar project in Brazil online.

Fortescue Future Industries (FFI) has signed an MoU with US sustainable transport company Nikola to evaluate co-development opportunities for large-scale green hydrogen production in the US.

The National Electric Coordinator has released its plans for a $279 million expansion of the transmission system in Chile.

EDF and environmental services company Refocosta are partnering on the development of a biomass power plant in Colombia.

Norwegian energy company Statkraft will abandon the building of a dam-toe hydroelectric plant in Chile out of respect for local indigenous communities, which consider the project site sacred ground.

Enel Green Power has turned on the company’s first renewable distributed generation project located in the metropolitan region of Santiago.

Brazilian solar energy provider Sun Mobi will set up a 5MW solar PV plant in São Paulo state.

Anaergia has reached an agreement Canadian-owned Irving Oil to supply RNG to the energy company’s operations, including the Saint John refinery in New Brunswick.

Spain’s Acciona Energia is planning to develop a 92MW solar project in Chile.

Longroad Energy has started work on Sun Streams 3, a 285MWdc PV and 215 MWac/860 MWh storage project located in Maricopa County, Arizona.

Unigel is planning a R$7.8 billion ($1.5 billion) investment in a green hydrogen complex the company is developing in Brazil.

Lightsource bp has closed on a $267 million tax equity investment from Wells Fargo.

Spanish renewables firm Grenergy’s 240MW Gran Teno solar farm in Chile will start operations “soon”, the company said on Friday (13 January 2023).

State-owned hydro and utility company Urrá’s Aquasol solar complex is close to completion, the firm announced on Friday (13 January 2023).

Texas-based Leeward Renewable Energy (LRE) has closed financing for its Chaparral Springs Solar + BESS facility located in Kern County, California.

Colombia’s state-owned petroleum firm Ecopetrol has selected French-based energy producer Total Eren to build a 100MWp solar farm at its Rubiales oilfield.

Chinese PV module manufacturer YuanTech Solar has obtained the Brazilian INMETRO certification which gives the company the opportunity to operate in the country’s renewable energy market.

British geoscience company Getech and Canadian geothermal firm Eavor Technologies have signed a Strategic Collaboration Agreement to jointly locate and de-risk geothermal projects across Latin America.

Canadian renewables developer Westbridge Renewable Energy Company has expanded its Sunnynook Solar PV project in Alberta to 330MWp.

Oil and gas company BP has begun working on its 107MW Arche Solar project in Fulton County, Ohio.

EverGen Infrastructure Corp. has secured a $31 million syndicated senior term loan facility from its existing lender Roynat Capital – a subsidiary of the Bank of Nova Scotia and Export Development Canada (EDC).

Chilean state-owned mining company Codelco has signed a contract with local electricity utility AES Andes to replace coal supply at 2 mines with renewables.

EnfraGen, a joint venture between Glenfarne Group and Partners Group, has announced the signing of an EPC contract with Chilean renewables firm Verano Energy to develop 8 PV projects in Chile.

The move towards a greener US power industry proved to be more than rhetoric in 2022 as the prioritization of ESG initiatives turned into investments in clean energy and infrastructure.

EDP Renováveis (EDPR) has secured financing to support the construction of 2 wind farms that the company is developing in Brazil.

The interest rate rose with the Pink Tide this year, leaving many in the renewable project finance market stranded in Latin America. While Latin America shouldn’t be treated as a monolith – the continent comprises 33 countries including the Caribbean – the impact of political uncertainty, the reemergence of leftist governments, known as the Pink Tide, and rising interest rates were felt across jurisdictions.

Emerald Solar Energy, a subsidiary of Polaris Renewable Energy, has landed a definitive concession in the Dominican Republic for a solar project.

Brazilian development bank BNDES has agreed to finance the development of 1.5GW of renewable energy in Brazil.

UGI Corporation has teamed up with Sevana Bioenergy and California Bioenergy (CalBio) to develop its second and third clusters of dairy manure waste-to-renewable natural gas projects in South Dakota through MBL Bioenergy.

Brazilian development bank BNDES has granted UISA Geo Biogás an R$80 ($14.6m) million loan to construct an industrial unit producing biomethane and electricity from sugarcane residue.

SPIC Brasil has landed financing for 3 wind projects the energy generation company is planning in the country.

Miami-based private equity and infrastructure investment firm MGM Innova Capital has secured financing for 3 small hydroelectric assets the company is developing in Peru.

US-based hedge fund Hedonova has invested $16 million into a Chilean energy storage plant.

Brazilian development bank BNDES has granted local agro-industrial cooperative Copacol a R$28.3 million ($5.3m) loan to invest in PV solar panels for the company’s facilities in Paraná state.

Ecoener has landed a definitive concession for the development of a solar project in the Dominican Republic.

A subsidiary of JERA Corporation has agreed with EV fleets and battery storage specialist Zenobe Americas to jointly develop battery storage projects in 2 north eastern US power markets.

Vision RNG has signed an RNG agreement with Kentucky-based Laurel Ridge Landfill, a subsidiary of Waste Connections.

Mainstream Renewable Power is planning to develop a new utility-scale solar project in Chile.

Brazil’s National Electric Energy Agency has awarded projects, in the last transmission auction of the year.

New York-based DSD Renewables (DSD) has raised $155 million in debt financing for its first commercial and industrial (C&I) solar-asset-backed securitization (ABS).

Enhanced Capital and Crossroads Impact Corp. have made a development capital investment in Solar Landscape, based in Asbury Park, New Jersey.

SunVest Solar has closed a $113 million debt facility and $41 million of tax equity to support the construction and operation of a 56MW portfolio of solar projects in Illinois, Maine, Minnesota and Wisconsin.

Oil and gas groups Eletrobras and Shell have signed an agreement to cooperate on offshore wind generation in Brazil.

Colombia’s state-owned petroleum firm Ecopetrol announced today that it will invest between COP 5.9 trillion ($1.23bn) and COP 6.8 trillion in energy transition projects in 2023.

Competitive Power Ventures (CPV) has selected Doddridge County in West Virginia to develop its carbon capture generation project.

Leyline Renewable Capital closed its first international loan with Canadian renewable energy company Westbridge Renewable Energy Corp to support the 278MW Georgetown Solar project in southern Alberta.

Denbury has announced the evaluation and development of CO2 sequestration sites in Mississippi and Louisiana.

Dominican Republic power producer Empresa Generadora de Electricidad Haina (EGE Haina) has signed a concession agreement with the National Energy Commission (CNE) for the 90MWp PV Esperanza Solar Park.

Ultium Cells, a joint venture between General Motors and LG Energy Solution, has received a $2.5 billion loan from the US government to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.

Shell and BP have completed negotiations with Trinidad and Tobago’s government to develop a 112MW AC/148MWp solar project.

NineDot Energy – a developer of community-scale clean energy projects – has closed an $85 million construction-to-term debt facility.

The provisional winning bids for the first offshore wind auction held on the US’ west coast totaled more than $700 million on December 7.

Norwegian energy company Equinor has made a final investment decision on a solar project the company is developing in Brazil.

Casa dos Ventos and Comerc Eficiência have signed a preliminary contract with the Port of Pecém for the development of green hydrogen.

oEnergy, a small-scale solar developer operating in Chile, is developing a solar-plus-storage project in the region of Maule.

North Carolina's Electric Cooperatives and FlexGen Power Systems have completed the battery energy storage project located at Randolph Electric Membership Corporation's Five Points substation.

Enbridge and Oxy Low Carbon Ventures (OLCV) have signed a letter of intent to jointly develop a CO2 sequestration hub in the Corpus Christi area of the Texas Gulf Coast.

Fotowatio Renewable Venture (FRV) – a part of Abdul Latif Jameel Energy – has obtained a preliminary environmental license to develop a new solar farm in Brazil.

National Grid Renewables has started commercial operations at its Noble Solar and Storage Project in Denton County, Texas.

Enel has landed COP$449 billion ($93.7 million) in financing from Bancolombia to support the company’s decarbonization strategy and electrification expansion.

FirstEnergy Corp., through its subsidiary American Transmission Systems, (ATS), will build a 138 kV high-voltage transmission line in Lorain County, Ohio.

Greenbacker Renewable Energy Company has completed the closing of a new $150 million senior secured sustainability revolving credit facility.

Colombia’s National Authority of Environmental Licenses (ANLA) has granted the greenlight to four solar projects.

Enel Green Power Chile has commenced construction on the 105.6MW La Cabana Wind Farm which includes a 34.3MW energy storage system using lithium batteries.

Texas-headquartered Leeward Renewable Energy has closed financing for its Big Plain Solar facility located in London, Ohio, and its Oak Trail Solar facility located near Moyock, North Carolina.

Colbún has started commercial operations of its solar-plus-storage project located in the region of Atacama.

Chilean power generator Generadora Metropolitana is moving forward with its 640MW solar-plus-storage project.

Revolve Renewable Power Corp plans to advance its Vernal BESS project to the next stage of the study process in early 2023 based on analysis of the results for the first phase of a 2022 Cluster 2 study.

Spanish renewable developer Solarpack has landed financing for a pair of solar assets the company is planning in Colombia.

The Inter-American Development Bank (IDB) has agreed to finance a 544km transmission line between Ecuador and Peru.

Enerfin do Brasil has signed a public-private partnership with the government of Pernambuco for the development of solar generation in the Brazilian state.

Atlas Renewable Energy has thrown the switch on its 300MW Mexican solar PV plant – La Pimienta in the state of Campeche – which is now fully operational.

Engie Energía Chile is planning to develop a new utility-scale wind project in the Antofagasta region.

France’s TotalEnergies has agreed to develop a wind project off the coast of the state of Rio de Janeiro in Brazil.

Brazilian power generator Eneva has received the greenlight from electric energy agency Aneel to start operations of its Parnaíba V power plant.

The Inter-American Development Bank and the World Bank have committed up to $750 million in green hydrogen financing in Chile. The pair signed an agreement with Chile’s economic development agency, Corfo.

ArcLight-backed renewable developer Infinigen Renewables has secured financing for its renewable pipeline in Puerto Rico.

Ecuador’s Ministry of Energy and Mines has received offers for about 700MW of new renewable energy projects for its upcoming auction.

The Dominican Republic’s National Energy Commission (CNE) has granted a pair of definitive concessions for energy projects on the island.

Ibitu Energia has secured financing for the Caldeirão Grande II solar project the company is developing in Brazil.

AES Corporation's clean energy business in the US has entered a $1.7 billion warehouse credit facility, which will advance the construction of 3GW of renewable energy projects across nine states.

Renewable developer Atiaia Renováveis is partnering with glass manufacturer Vivix Vidros Planos on a solar project in Brazil.

Minnesota Power – the utility division of Allete Inc – has decided to significantly increase the amount of renewable energy it provides over the next 15 years after reaching an agreement with stakeholder groups, including clean energy organizations, labor and host communities.

Oya Renewables, the clean energy developer and independent power producer, has entered into a joint venture with energy company Oil Wells Shares (OWS) to develop and construct 3GW of community and utility-scale solar, wind and energy storage infrastructure projects.

Battery Energy Storage System (BESS) provider On.Energy has added 39MWh of on-site storage at 11 airports across Latin America, in collaboration with Skysense.

Argentine developer Genneia is issuing local green bonds to finance solar and wind projects the company is developing in the country.

Spanish independent power producer Ecoener has landed a definitive concession for a solar project in the Dominican Republic.

Westbridge Renewable Energy's subsidiary Georgetown Solar has been given the go-ahead for its flagship Georgetown Solar + Energy Storage Project by the Alberta Utilities Commission (AUC).

Ibitu Energia has brought online the first phase of its Caldeirão solar complex in Brazil.

EE North America has partnered with Elio Energy to develop a pipeline of 2GW of solar power generation and energy storage assets in Arizona and surrounding states.

Australia's Fortescue Future Industries (FFI) and Enel Green Power (EPG) have partnered to explore the co-development of a green hydrogen value chain in Latin America and Australia.

Swift Current Energy has secured project financing for an almost 200MW wind project the company is developing in Texas.

oEnergy is planning to develop a solar-plus-storage project in Chile.

Brazil’s National Electric Energy Agency (Aneel) has approved the public notice for the second transmission auction the agency is holding this year.

Eolica Coromuel – a Eurus Energy America Corporation subsidiary – has started commercial operation of Baja California Sur’s first wind generating facility.

IDB Invest is preparing an up to $60 million debt package to support green projects in Costa Rica.

The Canada Infrastructure Bank (CIB) has teamed up with Ontario Power Generation (OPG) and committed $970 million towards Canada’s first small modular reactor (SMR).

The government of Ceará has signed a pair of memoranda of understanding for the production of green hydrogen in the state.

The Maine Public Utilities Commission has chosen LS Power Grid Maine to build a new transmission solution to deliver renewable energy from Aroostook County, Maine, into the New England grid.

TC Energy and 3 Rivers Energy have partnered on a $29.3 million investment to construct and operate an anaerobic digestion and biogas upgrading plant for the Jack Daniel Distillery in Tennessee.

Brazilian renewable developer Casa dos Ventos has landed financing for a portfolio of wind farms in the state of Bahia.

Swiss-based Advanced Power has closed on a $60 million capital facility through Crédit Agricole Corporate and Investment Bank (CIB).

Uruguay has issued a sovereign sustainability-linked bond (SSLB), the country's first ESG-linked bond and second-ever sovereign issuance of the sort.

Spanish group Uriel Inversiones, through its renewable arm Uriel Renovables, is planning a utility-scale solar project in Chile.

Invenergy has reached commercial operations at the Energía del Pacífico (EDP) LNG-to-power project at the Port of Acajutla in El Salvador.

Brazilian electric utility Copel, through its subsidiary Copel Geração e Transmissão (Copel GeT), has started commercial operations of its Jandaíra wind complex.

EDF Renewables North America and Old Dominion Electric Cooperative (ODEC) have started construction activity on local solar power projects with an aggregate capacity of 22.5MW, as part of the first phase of projects across the co-operative’s member service territories in Virginia and Delaware.

Norwegian energy company Statkraft is planning an almost 250MW solar project in Chile.

A subsidiary of InterEnergy has requested financing from IDB Invest for green energy projects in the Dominican Republic.

AES Andes is planning to repurpose one of its coal-fired power plants in Chile to develop renewable energy.

Engie Energía Chile has submitted a new wind project that the company is planning to develop for environmental review.

French renewable energy company Voltalia has commissioned the 320MW SSM1&2 solar farm in Rio Grande do Norte in Brazil.

Independent power trader Comerc Energia has completed 2 separate issuances of debentures to finance solar assets in Brazil.

Rhode Island Energy has issues the RFP to solicit an additional 600-1,000MW of offshore wind to boost the state’s energy needs.

H2 Green Steel and Hydro Havrand have signed an agreement to explore opportunities for developing large-scale green hydrogen production facilities for off-takers in Brazil and the Nordics.

Spain’s Iberdrola and Sempra Infrastructure have signed an agreement for the joint development of hydrogen and green ammonia projects in the US to be powered by renewable sources.

Brookfield Renewable has agreed to partner with InterEnergy Group to develop renewable energy across Latin America.

Geo Biogás & Tech (formerly GEO Energética) and Grupo Crivellaro have secured financing for a biogas project the pair is partnering on in Brazil.

Engie has received environmental approval for the expansion of a wind project the company is planning in Chile.

Transmisora Colombiana de Energía (TCE) has secured financing to complete the construction of a transmission project in Colombia.

Leeward Renewable Energy announced that construction has commenced on its Oak Trail Solar facility near Moyock, North Carolina.

Enel Green Power has withdrawn the Faro del Sur wind project the company is developing in Chile from environmental review.

Leyline Renewable Capital announced an early-stage growth capital investment for Navitas Energy to develop 500MW to 1GW of standalone storage in the ERCOT market within the next 5 years.

The French independent power producer Total Eren is entering the Dominican renewables market with its first solar project on the island.

EDP Renewables North America (EDPR) has commenced the construction of its 202MW Indiana Crossroads II Wind Farm in White County, Indiana.

The Arkansas Public Service Commission has approved Entergy Arkansas’ Driver Solar project to be developed by Lightsource BP on nearly 2,100 acres near Osceola in Mississippi County.

German renewables developer Energy Kitchen has received the greenlight to proceed with a duo of wind projects the company is planning in Chile.

Private equity firm Actis has added to its existing position in Brazilian renewable developer Omega Energia.

French construction company Vinci has signed a public-private partnership for a transmission project in Brazil.

The Canada Infrastructure Bank (CIB) has launched its C$500 million (US$365 million) zero-emission vehicle (ZEV) charging and hydrogen refuelling infrastructure initiative (CHRI).

Engie Brasil Energia has hired Vestas for the initial supply, installation, operation and maintenance on parts of Latin America’s largest wind project.

Neoenergia is the latest company to subscribe to the green hydrogen agenda of the Brazilian state of Rio de Janeiro.

CGN Brasil Energia, the Brazilian renewables subsidiary of China’s CGN Energy, is partnering with mining company Sul Americana de Metais (SAM) on the development of solar energy in Brazil.

IDB Invest and the International Finance Corporation (IFC) have signed on to the Renewstable Barbados project.

Rev Renewables, a subsidiary of LS Power, has closed on the refinancing of a portfolio of battery storage projects in California totaling 615 MW.

Chilean renewable developer oEnergy is expanding its portfolio with a 30MW solar project.

A $550 million portfolio-level debt package that has been arranged for a Spanish-owned renewables developer is hitting the market this week, with the term sheet finalized.

Renewable developer Renova Energias is planning a new small-scale solar plant in Chile.

Lightsource bp has reached financial close for the first time in Brazil with the Milagres solar complex.

The Ministry of Mines and Energy is launching a 5-project tender for electric transmission in Peru.

Petroquímica Comodoro Rivadavia’s renewable business, Luz de Tres Picos, plans a bond issuance to finance a pair of Argentinian wind farms the company is developing.

AES Brasil is the latest company to sign on to the green hydrogen hub to be developed in the state of Ceará.

Chile’s National Electric Coordinator (CEN) has awarded transmission projects in a tender launched earlier this year.

Solarpack has finalized a concession agreement for the El Aromo solar project in Ecuador, officially moving forward with the project’s development.

French renewable developer GreenYellow has secured financing for 11 small-scale solar projects the company is developing in Brazil.

Greenbacker Renewable Energy Co has secured a $186 million credit agreement to finance a pair of solar projects in South Dakota and Montana.

Energy company Terra-Gen has closed financing for the second phase of its mammoth Edwards Sanborn solar and storage project in California.

Clēnera has secured financing for a solar project the renewable energy company is developing in the state of Montana.

A Chilean sponsor is planning a 95.2 MW wind project in the region of Ñuble.

Argentine electric utility Edenor is preparing its second bond issuance in the local market this year, scheduled for September 22.

Fundamental Renewables, a renewable energy financier, has secured a $400 million credit facility to support the company’s operations.

Argentina’s Petroquímica Comodoro Rivadavia (PCR) is expanding a wind project the company is developing with steel manufacturer ArcelorMittal Acindar.

Spanish solar developer Solarpack has landed a definitive concession for the development of a solar farm in Peru.

EDF Renewables has inked a memorandum of understanding (MoU) with Prumo Logística, a transportation and energy conglomerate in Brazil.

Chilean PMGD developer Blue Light Energy has started the permitting process of a small-scale solar project that the company is planning in the metropolitan region of Santiago.

Powertis, the project development arm of Spanish solar tracker manufacturer Soltec, has commissioned the company’s first solar project in Brazil.

Chemical company Linde has unveiled plans to build a 35 MW proton exchange membrane electolyzer (PEM) for the production of green hydrogen in Niagara Falls, New York.

Enel Green Power has received the greenlight to commence commercial operations of the Sol de Lila solar park in Chile.

South Korean-owned energy company Qcells USA has closed on a $150 million financing to support the outfit’s buildout of its project pipeline.

A US solar and battery storage developer is preparing to put a $550 million debt package on the market to support its 33 GW pipeline of solar and storage projects in the US.

Onyx Renewable Partners has closed on a revolving credit facility that will support the energy company’s development of solar projects.

Brazilian power generator Eneva is planning to issue R$1.9 billion ($362.7 million) in debentures to refinance three of the company’s projects.

Brazilian energy company Raízen has formed a partnership to produce renewable hydrogen from ethanol.

Colombian power producer ISAGEN has started construction of the Sabanalarga solar project.

Neoenergia has signed a memorandum of understanding (MoU) with the state government of Rio Grande do Sul in Brazil for the development of green hydrogen and offshore wind.

Brazilian solar developer GDSun has secured R$325 million ($62.7 million) in debentures to finance the company’s development pipeline.

Arevon Energy has closed a $400 million green loan fund credit facility to finance its 6 GW solar and storage development project pipeline in the US.

Colbún is seeking environmental approval for a 472.5 MW wind project the independent power producer will develop in Chile.

The Port of Suape, located in the state of Pernambuco, is calling on all interested parties to submit proposals for the development of a green hydrogen plant.

The Ministry of Energy and Mines of Ecuador has identified 10 hydroelectric projects to add to the country’s energy matrix.

A regional subsidiary of Eletrobras has begun construction on a wind farm located in the state of Rio Grande do Sul after receiving approval from Brazil’s power regulator ANEEL.

Uruguay’s Ministry of Industry, Energy and Mining has pre-selected nine projects to benefit from the $10 million Green Hydrogen Sector Fund created earlier this year.

Amp Energy has landed tax equity and debt financing for a 61 MW solar-plus-storage portfolio in New York state and Massachusetts.

Cemig, through its subsidiary Cemig Geração e Transmissão (Cemig GT), is planning to develop two new solar projects in the state of Minas Gerais.

Brazilian developer Orion-E and energy trading company Bolt have agreed to partner on solar projects in Brazil.

Chilean PMGD developer Energy Lancuyen has submitted a small-scale solar project to Chile’s Environmental Evaluation Service.

AES Brasil and Grupo Unipar have completed their joint venture agreement that will see the pair develop a wind project in Brazil.

Celepsa, the power producer subsidiary of Grupo Unacem, has secured a green loan to refinance a hydroelectric power plant the company is operating in Peru.

Fervo Energy has raised $138 million in a new funding round to support the company’s geothermal portfolio and development pipeline.

EDP Renewables is growing its renewable portfolio in Chile with a new 190 MW solar project submitted for environmental review.

A joint venture between Repsol and Ibereólica has secured a project finance debt raise for the construction and operation of a wind project the platform is developing in northern Chile.

Enel Green Power Chile has begun commercial operations for the first hybrid renewable project in Chile.

Cypress Creek Renewables has secured an additional $46.9 million loan to finance the company’s construction of a solar-plus-storage asset in Texas’ ERCOT market.

Trinergy, a Tritec-Intervento company, has submitted a small-scale solar project for environmental review in Chile.

Washington Global Capital Finance and Bas Corporation have started construction of two solar assets in the Dominican Republic.

Pine Gate Renewables has secured tax equity financing for an almost 80 MW project the company is developing in North Carolina.

Engie Energía Perú has secured financing from IDB Invest for a wind farm the French renewable company is developing in Peru.

Chilean energy company Colbún has submitted a 370 MW solar project to Chile’s Environmental Evaluation Service.

Colombian energy distributor Air-e has signed a memorandum of understanding (MoU) with France's EDF Renewables that will see the two companies co-develop wind projects in the country.

Connor, Clark & Lunn Infrastructure (CC&L Infrastructure), together with CarbonFree Technology, has closed a $360 million financing for their PMGD solar portfolio in Chile.

Innergex Renewable Energy has completed a $803.1 million refinancing of the non-recourse debt of its Chilean portfolio, a deal the company says is Latin America's largest private placement in recent history.

New Fortress Energy has entered into an agreement with Plug Power to develop a 120 MW green hydrogen plant in Texas.

Enel Green Power and HIF Energy have submitted a wind project that the duo is developing in Chilean Antarctica for environmental review.

Paraguay’s Administración Nacional de Electricidad (ANDE) has greenlit the construction of the first solar asset in the country.

Neoenergia, Iberdrola’s Brazilian subsidiary, has commenced commercial operation of the Luzia solar complex located in the state of Paraíba.

Apex Clean Energy has closed a $650 million refinancing of corporate debt as the company looks to transition its business model towards becoming an independent power producer.

Chile is retiring three coal-fired power plants with a combined installed capacity exceeding 380 MW as part of its plan to decarbonize the country's power grid.

Chile’s National Energy Commission (CNE) has selected winners in the renewable power auction the government launched in February.

Brazilian developer 2W has secured long-term financing for its Kairós wind complex located in the state of Ceará.

Brazil’s Eneva has landed a R$300 million ($57.7 million) financing to support a massive solar complex the company is developing in the state of Bahia.

A subsidiary of Altius Renewable Royalties and Apollo Global Management has made a $40 million royalty investment in a solar and storage developer to finance its project portfolio.

The Ministry of Mines and Energy has signed a memorandum of understanding with the United Arab Emirates to foster cooperation within the energy sector in both countries.

Norsk Solar has secured financing for part of a 37 MW solar complex the Norwegian developer is building in Brazil.

Enel Colombia has landed a COP 411 billion ($93.4 million) sustainability-linked financing from Bancolombia.

Broad Reach Power has closed a $160 million project financing for a 18-project portfolio of battery storage projects in Texas and California.

The Inter-American Development Bank (IDB) has approved a $1.14 billion credit line to support the decarbonization of Argentina’s energy sector.

Orion Power is planning a new addition to its small-scale solar portfolio in Chile.

Idemitsu Renewables has closed tax equity and project financing for a 73 MW solar project the company is developing in California.

Enel Green Power has started construction of the largest solar project in South America, located in Colombia.

Argentina’s Secretariat of Energy has received more than 480 proposals after calling on interested parties to submit energy infrastructure projects in May.

The Chilean subsidiary of German group Das Grüne Emissionshaus (DGE) is seeking environmental approval for a solar project the company is planning in Chile.

Brazilian petrochemical company Unigel is starting construction of a green hydrogen and ammonia plant, the first in Brazil to reach that step.

A sponsor has submitted a utility-scale solar project it is planning to build in Chile for environmental consideration.

Energy infrastructure company Tallgrass has entered into an agreement with a waste heat to power turnkey developer to develop a series of waste heat to power projects in the US.

Omega Energia, the Brazilian renewable developer, is partnering with São Paulo-based fund manager Apolo Asset on solar generation in the country.

Private investment agency Proinversión, in collaboration with the Ministry of Mines and Energy, is launching a tender for transmission projects in Peru.

Sempra Infrastructure and state-owned utility company Comisión Federal de Electricidad (CFE) have entered agreements to advance their partnership in Mexico.

The Ministry of Mines and Energy has selected ten projects that will see the development of green hydrogen in Colombia.

Aypa Power, a Blackstone portfolio company, has financed a 173 MW standalone battery storage project in Texas.

Australia’s Pacific Hydro has submitted a utility-scale solar project for environmental review in Chile.

Atlas Renewable Energy has submitted a wind project located in the region of Maule to Chile’s Environmental Evaluation Service.

Spain’s Acciona has won two transmission projects in a tender launched last October by Peruvian investment agency ProInversión.

Chinese renewable developer Trina Solar has started commercial operations of a duo of solar projects in Colombia.

Costa Rican utilities cooperative Coopeguanacaste plans to issue ₡31 billion ($44 million) in green bonds to finance a solar park and a waste-to-energy plant.

Grupo Energía Bogotá (GEB) has announced plans to build Colombia’s first hybrid solar-gas plant with support from the government of South Korea.

A regional subsidiary of Brazilian energy company Neoenergia has signed a R$550 million ($105 million) “super green” loan with the IFC.

Global Power Generation (GPG) has reached financial close on a 57 MW portfolio of solar PV assets in central Chile.

Syncarpha Capital, a distributed solar generation platform, has entered into a $100 million financing partnership with a financial solutions firm for projects in New England.

Elawan Energy has closed on a debt financing to support two solar projects that the Spanish firm is developing in Texas.

Recife-based developer Kroma Energy is partnering with Elétron Energy on a solar venture that will see the development of the São Pedro e Paulo complex in Brazil.

Sol Petroleum’s renewable arm, Sol Ecolution, is partnering with Blue Circle Energy to develop a portfolio of community solar projects in Barbados.

Spain's Celeo is planning to develop a solar project in Chile, marking the company's first solar generation asset in the country.

Colombia’s Celsia has secured a revolving credit line from the International Finance Corporation (IFC) to support the company's ESG goals, including carbon emissions reduction.

Cryptocurrency miner TeraWulf has upsized a corporate financing to support its construction of a cryptomining facility the company is co-developing with Talen Energy Corp.

Four companies are preparing offers to acquire the concession rights for the development of a combined cycle gas-fired power plant in Ecuador.

Birch Creek Development has upsized an existing credit facility to $250 million to finance the construction and expansion of the developer’s solar portfolio.