Italian power unit caps its needs at $314m for three facilities, in order to comply with the IDB’s leverage ratio criteria
Author Archives: Toni Baini
South Korea commits new resources to LatAm infra fund
Government earmarks $300m to the Korea Infrastructure Development Co-financing Facility for Latin America and the Caribbean
IDB Invest circles more Mexican solar funding
Development bank outlines two stages to securitize and place solar project financing in the local capital markets
BNP Paribas, Rio de Janeiro sign loan terms
French bank wins auction, lends the Brazilian state $880m
Sao Paulo government courts European investors
State government representatives market an infrastructure concession opportunity
Chile auctions renewable power capacity
Andean nation relays 2,200 GW/h per year of electricity through 20-year PPAs, Enel emerges a big winner
Three banks lend to Argentine gas unit
Transportadora de Gas del Norte (TGN) got $220m in three-year syndicated funding from Citi, ICBC and Itau Unibanco, a statement on Argentina’s CNV showed.
Nafin picks up EIB funds
Nafin has signed a $100m loan with the European Investment Bank (EIB), which it intends to on-lend to wind power projects in Mexico, according to a statement from the EIB.
Medanito signs loan
Argentine energy company Medanito has signed off on an $80m syndicated loan, a statement from law firm Tavarone, Rovelli, Salim & Miani showed.
Moody’s downgrades Cemig
Moody’s said it has downgraded Cemig to B2 from B3 due to liquidity concerns, further exacerbated by the recent 60-day postponement of a BRL550m ($152m) payment owed to Banco do Brasil.
