Latest News
Latest Latin America News
Mexico to hold private power auction
Bravos Energia will launch a private power auction in Mexico, connecting power generators and corporations as offtakers
Mexico City to award cable car contract
Mexico City’s mayor, Claudia Sheinbaum, has announced that the government will this week award the contract for the construction of the city’s first cable car line – Cablebús
Brazilian state to award small-scale PV PPAs
The Brazilian state of Piauí has launched a procurement process to award eight power purchase agreements to small-scale solar power projects with a capacity of up to 5MW each
Argentina to award train concessions
Argentina has called for a tender for the improvement, construction, operation and maintenance of the Belgrano Norte and Urquiza metropolitan train lines
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EXCLUSIVE Toesca closes acquisition of Sacyr assets in Chile
Transport Latin AmericaToesca Asset Management’s acquisition of a 49% stake in Concesiones Viales Andinas and a 19% stake in Sociedad Concesionaria Salud Siglo XXI, from Sacyr Concesiones closed on 20 June
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Administrator appointed for Odebrecht bankruptcy
Latin AmericaRestructuring firm Alvarez & Marsal has been named as court administrator for Brazilian firm Odebrecht’s bankruptcy process
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CMB and LarrainVial raise Chilean infra fund
Oil & Gas Latin AmericaFund manager CMB Prime and financial services firm LarrainVial on 19 June announced the final close at $400 million of their CMB LV Infraestructura III
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Peru starts power sector reform
Power Latin AmericaPeru has jump-started a long-awaited reform of the power sector in the country and in two weeks, will create a commission to formulate a new regulatory framework aimed at guaranteeing the sustainability and development of the Peruvian electricity sector
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EXCLUSIVE ISA issues bonds in Chile to finance toll road
Transport Latin AmericaISA Intervial Chile has issued bonds in the local market to finance additional construction at Ruta del Maipo, one of the most important roads in the country
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MoFo launches LatAam desk with lateral hires
Latin AmericaMorrison & Foerster has expanded its focus with the launch of a Latin America desk, hiring four new partners from rival law firm Greenberg Traurig along with a group of five additional lawyers
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Odebrecht’s bankruptcy to hurt state-owned banks
Latin AmericaBrazilian construction company Odebrecht filed for bankruptcy on 17 June with indebtedness totalling $25.41 billion
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EXCLUSIVE Details emerge on TAG’s acquisition financing
Oil & Gas Latin AmericaDetails have emerged on the financing package for the acquisition of a 90% stake in Petrobras' pipeline asset Transportadora Associada de Gás
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Transelect to build Chilean transmission for Mainstream PV
Power Latin AmericaMainstream Renewable Power has signed a contract with Transelec for the design, construction and delivery of a transmission line in Chile
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DIF opens Chile office
Oil & Gas Latin AmericaDIF has opened its first Latin American office in Santiago, Chile
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IDB to invest in Argentine hydro
Power Latin AmericaIDB Invest will finance modernization of the Salto Grande bi-national hydroelectric complex, which serves Argentina and Uruguay
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STOA to buy wind in Brazil from Voltalia
Renewables Latin AmericaVoltalia has entered into an agreement to sell a minority stake in two wind assets in Brazil to STOA, an investment fund specialized in infrastructure projects
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Vestas to supply turbines for Brazilian project
Renewables Latin AmericaVestas will supply all the turbines for Casa dos Ventos’ wind project in the Brazilian state of Rio Grande do Norte
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New BNDES president appointed
Latin AmericaBrazil’s Ministry of Economy has announced that Gustavo Montezano is the new president of the country’s development bank, BNDES following the resignation of Joaquim Levy on 16 June.
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Mexico postpones Maya Train tender
Transport Latin AmericaMexico’s national fund for tourism has postponed the tender for the Maya Train, the government’s flagship project