Topic: Sustainable investment

IFC makes first investment in lithium sector with Argentine project

Shearman & Sterling LLP in New York and Allende & Brea in Buenos Aires have helped global lithium miner Allkem obtain a US$180 million sustainability-linked and green financing from the International Finance Corporation (IFC) to develop a lithium project in Argentina.

11 August 2023

BlackRock gets US$250 million for Chile’s largest solar portfolio

HD Legal in Santiago has helped a subsidiary of Blackrock – the world’s largest asset management group – to obtain a US$250 million financing for one of Chile’s biggest solar projects.

10 August 2023

Metals recycler issues Panama’s first green commercial papers

Arias, Fábrega & Fábrega has advised financial services group AV Securities on the structuring of Panama’s first green commercial papers programme.

10 August 2023

IFC provides loan to BBVA for green projects in Peru

Hunton Andrews Kurth LLP in Washington, DC and Rodrigo, Elías & Medrano Abogados in Lima have helped the International Finance Corporation (IFC) lend US$150 million to BBVA Perú, which will use the funds for green construction developments and mortgage financings.

09 August 2023

Macquarie and Norsk Hydro get funds for renewables JV in Brazil

Seven White & Case LLP offices and Dias Carneiro Advogados in São Paulo have helped several banks provide non-recourse financing to a Brazilian wind project developed by Australian investor Macquarie and Norwegian miner Norsk Hydro, which is estimated to be worth US$700 million.

08 August 2023

Cuatrecasas steers luxury hotel loan in Mexico

Cuatrecasas (Mexico) has helped CaixaBank provide a US$100 million sustainable financing to a consortium that is developing a hotel in the popular tourist resort of Riviera Maya.

04 August 2023

Panamanian energy group gets US$100 million financing

Mayer Brown LLP in New York and Alemán, Cordero, Galindo & Lee in Panama City have helped Panamanian energy company ENSA Grupo EPM obtain a US$100 million loan from IDB Invest and Scotiabank.

03 August 2023

Familiar firms return for Chile’s US$2.2 billion sustainable offering

The Republic of Chile has enlisted Linklaters in New York and Morales & Besa in Santiago to issue its first peso-denominated sustainability-linked offering, raising 1.75 trillion pesos (US$2.2 billion).

02 August 2023

Trench Rossi and Mattos Filho guide carbon removal investment

Trench Rossi Watanabe has helped an investment vehicle backed by French insurer AXA acquire a minority stake in Brazilian carbon removal company Mombak for 235 million reais (US$49 million).

27 July 2023

Sonnedix buys solar plants from Enel Chile

Morales & Besa has helped multinational renewables company Sonnedix acquire four solar plants from Italian energy company Enel and its Chilean subsidiary for US$550 million.

26 July 2023

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