Tuesday, February 21, 2012

IDB loans to Latam

Latin America IDB loan for green projects in Latin America

20.02.2012: The Brazilian bank Banco Itaú SA will receive a loan of up to $100 million from the Inter-American Development Bank (IDB) for financing “green projects,” which could include renewable energies projects, in Brazil, Chile, Colombia, Paraguay, Peru and Uruguay. Daniela Carrera-Marquis, chief of the IDB Financial Markets Division at the Structured and Corporate Finance Department (SCF), states that "there is a shortage of financing for green projects in Latin America." IDB has already given several hundred million dollars for financing green projects in the region in the last several years and has also financed PV projects. ... Source: IDB; summary: PHOTON

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

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