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Latin America

18 May 2012

Swiss renewables impact investment fund targets $25m first closep

AlphaMundi, a Swiss investment firm, told NewNet it is targeting $25m for the first close of its latest impact investment fund, which will finance renewable energy projects in Africa and Latin America.

18 May 2012

UN’s Green Climate Fund suffers delays

The first meeting of the Green Climate Fund board has been postponed, pending finalisation of the process for nominations from countries to the membership of the board, the United Nations Framework Convention on Climate Change has said.

17 May 2012

Satcon wins deal for 30MW Puerto Rico solar farm

US renewable component supplier Satcon has been contracted by Western Wind and Lord Electric to supply power conversion equipment for a 30MW solar farm in Puerto Rico.

15 May 2012

Satcon wins 22.5MW inverter order for Caribbean PV plant

US company Satcon, a supplier of power conversion equipment to the renewable sector, has been contracted to supply 22.5MW of inverters to GCL Solar Energy.

11 May 2012

Latin American renewables player to sell off wind, hydropower assetsp

A project developer focused on the Latin American market has begun negotiations to divest a wind and hydropower project.

11 May 2012

Raizon CEO looks to board approval for bioethanol plant

Vasco Dias, chief executive of Raizon, has asked the board of directors to approve the construction of a new bioethanol facility in Brazil.

10 May 2012

Yingli to supply panels for iconic Rio stadium

Rio_Stadium_170SQ Chinese photovoltaic manufacturer Yingli Green Energy has partnered with Light ESCO and EDF, to bring solar power to one of Brazil’s most famous stadiums.

10 May 2012

Elster wins 80,000 smart meter deal in Rio

Elster has been contracted to supply 80,000 smart meters to households in Rio de Janeiro, Brazil, by local utility Light.

9 May 2012

Pegasus backs MBO of Pure Biofuels de Perú

Pegasus Capital Advisors has made its first investment into Peru by backing the management buyout of Pure Biofuels de Perú.

9 May 2012

Strand Hanson sets up venture arm to source pre-IPO energy, cleantech dealsp

UK-based merchant bank Strand Hanson has set up a venture division and CEO Simon Raggett told NewNet that it will look to source the best deals in the cleantech and energy sectors.

8 May 2012

Chile’s largest wind farm secures $225m

A group of international lenders has provided $225m for the El Arrayán wind project, the largest to date in Chile, being developed by Pattern Energy Group.

4 May 2012

AES completes 20MW Chilean energy storage system

The energy storage division of the US’ AES Corporation has completed installation of a 20MW storage device at a traditional power plant in Chile.

2 May 2012

ESA wins EPC solar contract in Jamaica

US cleantech business ESA Renewables has been contracted to provide engineering, procurement and construction services for a 24MW solar project in Jamaica.

1 May 2012

UK government to make £70m from Actis stake after management ‘shakedown’p

Aggressive tactics from the UK government means it is set to make £70m as it sells its remaining stake in emerging markets private equity firm Actis, which has a number of energy interests.

27 April 2012

GE wins Chilean landfill gas-to-energy contract

US electronics giant General Electric has been contracted by KDM Energia to supply gas engines for an 8.4MW expansion of a landfill gas-to-energy project in Chile.

26 April 2012

UK’s Globeleq purchases 44MW Nicaragua wind project

UK-based emerging markets power investor Globeleq Generation has purchased a 44MW wind energy project in Nicaragua.

24 April 2012

Ener-G completes Mexico waste-to-energy plant for Nissan

UK-based Ener-G has completed installation of a £4.4m waste-to-energy plant at the San Nicolas landfill, central Mexico, which will power a Nissan factory nearby.

20 April 2012

Alstom wins Brazilian wind order

French technology giant Alstom has been contracted by Odebrecht Energia to supply wind turbines to four projects in the south of Brazil.

20 April 2012

Cascade buys 255MW Peruvian hydro project

Latin American small hydro developer Cascade, a subsidiary of utility Rurelec, has agreed to acquire the 255MW Santa Rita project in Peru for $10m.

12 April 2012

Acciona wins first contract in Brazil

Acciona Windpower, a subsidiary of the Acciona Group, has won its first contract in the southernmost state in Brazil.

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