Engie Brasil Energia has finalised its acquisition of a 545MWac Brazilian solar PV portfolio from Miami-headquartered renewables developer Atlas Renewable Energy.
Atlas Renewable Energy has signed a power purchase agreement (PPA) with Chilean state-owned mining company Codelco to deliver 375GWh a year from a solar-plus-storage project in Chile.
Renewable energy investment fund manager Copenhagen Infrastructure Partners (CIP) launched its second Growth Markets Fund (GMF) this week (4th December), seeking US$3 billion in financing for renewable energy generation.
Of its three major operational markets – the US, Europe and Latin America – Grenergy particularly highlighted Chile as a fulcrum for leveraging up its solar and storage businesses.
Switzerland-based institutional investment group SUSI Partners has entered a development deal for two large-scale solar-plus-storage hybrid power plants in Chile.
Latin America and the Caribbean need to double financing for clean energy projects to US$150 billion by 2030 to fulfil the Announced Pledges Scenario (APS), according to the International Energy Agency’s Latin America Energy Outlook.