Project & Infrastructure Finance

EPM, IDB Invest amend loan for Ituango dam

IDB Invest Loans Colombia

Medellín's city-owned utility company is expected to turn on the first turbine at the hydroelectric plant in 2022

Cagece, Equatorial Energia issue local debt

Debenture Debt Capital Markets

Ceará state water company raises $136 mln in a two-part deal as Maranhão-based power company prints $144 mln in 15-year notes

S&P cuts Invepar on expected restructuring

Credit Ratings S&P Global Debenture

Brazilian infrastructure company is in a "fragile financial position" as it faces $400 mln in debt, rating agency says

Metro de Panamá adds to financing for Line 2

Bonds Debt Fixed Income

Apollo Global invests in a $38 mln private placement to fund an extension to the rapid transit system in Panama City

Brazil receives one bid for FIOL railroad concession

Corporate & Sovereign Strategy Economy & Policy Project & Infrastructure Finance

Bahia-based miner Bamin meets the minimum asking price in an auction for the 35-year concession

CCR, Vinci land Brazilian airport concessions

Corporate & Sovereign Strategy M&A Latin America

Brazilian infrastructure company wins two blocs for $513 mln as the French group takes a third for $75 mln

KKR to take stake in IEnova

M&A Funds Equity

US investment firm agrees to buy a non-controlling share in the Mexican pipeline operator as part of a larger deal with Sempra

S&P expects fewer foreign bidders in Brazil's next concession auctions

Credit Ratings S&P Global Economy & Policy

But rating agency still sees "sufficient" investor appetite due to financing conditions and the infrastructure gap

IDB renews partnership with JICA

International Financial Institutions Inter-American Development Bank (IDB) JICA (Japan International Cooperation Agency)

Japanese lender and US-based development bank reaffirm their $3 bln co-financing commitment

Argentina plans to borrow $2 bln from World Bank this year

World Bank International Financial Institutions Loans

Funds will go to climate, infrastructure, social welfare and other projects, economy minister says

Solek finances solar plants in Chile

Loans Debt Project & Infrastructure Finance

Czech solar power developer gets $85 mln from Natixis for a 110 MW portfolio

CPP Investments acquires stake in Iguá

Corporate & Sovereign Strategy Equity M&A

Canadian pension fund agrees to spend $214 mln for 45% of the Brazilian water company

IEnova takes full stake in wind JV

M&A Equity Project & Infrastructure Finance

Sempra's Mexican subsidiary spends $80 mln to buy out Actis' local energy division

FDN funds electric buses in Bogotá

Loans Colombia China

Colombian development bank provides $86 mln for Ashmore-led Electribús to buy 259 vehicles from China's BYD

LatAm infrastructure sector faces post-pandemic challenges, IDB panel

Economy & Policy Latin America Inter-American Development Bank (IDB)

Capital is available, but contract models and investment life cycles come under new scrutiny