Two international consortia have submitted bids to deliver the maiden line of the Bogota metro public-private partnership as the financing continues to be structured.
The Rutas del Este consortium through special purpose vehicle Rutas 2 and 7 Finance Ltd is looking to issue long-term bonds backing works on its 30-year highway public-private partnership.
Japan’s Modec and Malaysia’s Yinson alongside Japan’s Sumitomo are the two groups expected to land contracts to supply floating production storage and offloading (FPSO) vessels for Petrobras in the Parque des Baleias and Marlim oil fields.
The consortium behind the Lima Metro line 2 project has signed a US$150m, two-year revolver backing construction of the scheme.
Electricity generator and distributor AES Gener has priced a US$450m, 60-year green hybrid 144A/RegS bond issue to buy back debt and for corporate purposes.
Germany’s wpd has mandated leads and is looking for more banks as it structures a project financing backing a portfolio of wind assets.
Sigma Lithium Corporation has completed a positive feasibility study for its Xuxa lithium mine in Minas Gerais, with initial capital costs estimated to be US$98.4m.
Power sector regulator Aneel has approved 401.6MW of projects that won contracts during June 28’s A-4 auction.
Latin American development bank CAF will finance the first public-private partnership in the education sector in Uruguay via a roughly US$59.65m loan package.
Iberdrola through local affiliate Neoenergia is planning to build the largest offshore wind project in Latin America off the coast of the Brazilian states of Piaui and Bahia.
Local IPP Genneia has landed commercial authorisation from power market administrator Cammesa for the second phase of its 222MW Parque Eolico Madryn (PEM) wind complex to start feeding power to the grid.
Local power group CPFL Energia has closed its purchase of China’s State Grid’s stake in its renewables arm CPFL Renovaveis, according to a securities filing.
Argo Energia, controlled by Patria Investimentos, has closed two debt financings backing transmission projects across Brazil.
The team of Spain’s Sacyr and Uruguay’s Grinor has completed the works on the Ruta 24 highway public-private partnership 12 months earlier than expected.
PowerChina and Shanghai Electric Power Construction Co have brought online the first 200MW of the first 300MW phase of the Cauchari solar scheme in Jujuy.
MPC Capital, Neoen, and Rekamniar Frontier Ventures have inaugurated the 51.5MW Paradise Park solar photovoltaic scheme.
Power company AES Gener has signed a power purchase agreement (PPA) with Google to supply 440GWh annually of renewable energy over 14 years for the expansion of its data centre in Quilicura, Santiago.