IDB Invest and South American financial group Bancolombia will provide developer Solarpack with a COP656 billion (US$133 million) loan to support the development of two solar PV projects in Colombia.
Saudi Arabia’s Alfanar Energy has signed a PPA with the Egyptian Electricity Transmission Company (EETC) for the development of a 50MW solar plant in Egypt, according to local reports.
Brazil’s development bank BNDES and the Inter-American Development Bank (IDB) have approved a US$750 million conditional credit facility for the Brazil’s Sustainable Energy Financing Program.
The US-headquartered Inter-American Investment Corporation (IIC), part of the Inter-American Development Bank (IDB), will help to finance 100MW of solar projects in the Northern Argentinian province of Jujuy.
The Inter-American Development Bank (IDB) has approved US$450 million of financing to initiate an Energy Efficiency Green Bond Facility in the Latin America region.
