Topic: Sustainable investment

Colombian firms brace for first left-wing government

As the Andean nation inaugurates Gustavo Petro as its first-ever leftist president, Colombian law firms are preparing for radical changes in the energy sector, as well as tax reform and an increased focus on climate change and ESG.

08 August 2022

Brazilian sugar group gets sustainability-linked credit line

Santos Neto Advogados has helped Rabobank grant a US$143 million sustainability-linked loan to the Brazilian subsidiary of French sugar and alcohol producer Tereos.

27 July 2022

Telefônica Brasil issues sustainability-linked debentures

Telefônica Brasil has enlisted Mattos Filho to make a 3.5 billion reais (US$641 million) debenture offering, which is linked to environmental and social goals.

26 July 2022

São Paulo water company gets blue loans from IFC and IDB Invest

Two Clifford Chance LLP offices and Cescon, Barrieu, Flesch & Barreto Advogados in São Paulo have helped Brazilian state-owned water group Companhia de Saneamento Básico do Estado de São Paulo (SABESP) obtain two separate loans from multinational lenders IFC and IDB Invest, worth a total of 1.2 billion reais (US$230 million).

25 July 2022

Shell invests in Brazilian carbon credit trader

Trench Rossi Watanabe has helped the Brazilian subsidiary of energy giant Shell acquire a minority stake in local carbon credits company Carbonext for US$40 million.

21 July 2022

BBVA sustainable offering calls on Galicia

Galicia Abogados has acted as deal counsel in a 10 billion pesos (US$500 million) sustainable bond offering by BBVA México, marking the first time a private Mexican bank uses the financial instrument.

19 July 2022

Gómez-Pinzón structures environmental project donation

A group of organisations, including the World Wildlife Fund (WWF), has relied on Gómez-Pinzón to donate US$245 million for the protection of Colombia’s diverse natural environment.

15 July 2022

ESG in a tropical climate

GCs in Brazil say local companies are adopting and adapting global best practice to fill gaps in ESG regulations at home.

11 July 2022

Aegea issues inaugural sustainable debentures

Tauil & Chequer in association with Mayer Brown has helped Brazil’s largest privately-owned water and sanitation group Aegea issue 600 million reais (US$117 million) worth of sustainable debentures.

05 July 2022

Promerica issues El Salvador’s first sustainable bonds

The New York and Washington, DC offices of Allen & Overy LLP and BLP (El Salvador) have helped IDB Invest purchase US$20 million worth of sustainable bonds issued by Salvadorean bank Promerica.

28 June 2022

Unlock unlimited access to all Latin Lawyer content