SolarAfrica Energy’s Post

Foreign direct investment (FDI) in Latin America and the Caribbean remained stable in 2023, totalling $193 billion, according to the latest World Investment Report. Greenfield FDI, where a company sets up new operations abroad, saw increased announcement values in the region – driven by large projects in Brazil and Chile. With global demand growing, commodities and minerals critical for clean energy technologies were the top sector accounting for 23% of the region’s greenfield project value over the past two years. The share is more than twice higher than in other developing regions. Investment in renewable energy was also prominent, with four of the top ten announced projects (by value) relating to the production of green hydrogen or green ammonia. In 2023, Latin American and the Caribbean attracted 19 megaprojects valued at more than $1 billion each, with 17 of them undertaken by investors outside of the region. By FDI stock, the United States, Spain, the Kingdom of the Netherlands, and Luxembourg were the top investors. Full story: https://ow.ly/BRwX50SBKUH

If you're a #PrivateEquity or a #FamilyOffice investor... Imagine this... What if you could invest in a region with abundant resources, political stability, and a strong commitment to clean energy? #Paraguay, this hidden gem in #LATAM is emerging as a regional leader in renewable energy and sustainability. Now is the perfect time for international investors to explore opportunities in LATAM. Recently, Paraguay and Brazil reached a landmark agreement on Itaipu's dam energy tariff. This stable tariff is crucial for long-term planning in energy-intensive and #CleanTech sectors. From expanding infrastructure projects to the growing #Fintech and #AgriTech sectors, the region is ripe for development. Investors can tap into these sectors, leveraging the region’s natural advantages and economic momentum to achieve significant returns.

Baseload Capital closes €53M series B round!   We are thrilled to announce that our parent company, Baseload Capital, has successfully closed a €53M Series B funding round! This major achievement marks a pivotal moment in our journey to revolutionize the geothermal energy sector.   The Series B round was led by an investment from infrastructure fund ENGF. The main investor behind ENGF is Ingka Investments – the investment arm of Ingka Group, the largest IKEA retailer.  We also received participation from Baker Hughes, Nefco - the Nordic Green Bank, Breakthrough Energy Ventures, and Gullspång Invest. This funding will enable us to scale our geothermal projects globally and work towards a half-gigaton reduction in global emissions.   Together, we are driving forward the energy transition and making a lasting impact on global sustainability.   Read the full press release here: https://lnkd.in/dQrHRUNc   #GeothermalEnergy #Investment #Sustainability #EnergyInnovation

Mirova’s Gigaton strategy secures a USD 15 million investment in long-term debt financing with SolarAfrica Energy, a leading renewable energy developer and Independent Power Producer based in Centurion, South Africa. This senior secured facility stands as Gigaton’s first investment in South Africa and is the strategy’s fifth investment to date. SolarAfrica combines its financial and technical expertise to offer energy solutions designed to reduce electricity costs, provide energy security and improve its customers’ carbon footprint. Starting as one of the only companies in South Africa specialising in Power Purchase Agreements (PPAs), SolarAfrica has expanded its energy offering from on-site solar and battery solutions to virtual solutions such as wheeling and electricity trading. Each solution is tailored to empower commercial and industrial (C&I) businesses with clean, reliable energy solutions that ensure long-term sustainability. "This investment is the beginning of a partnership that embodies both companies’ commitment to promoting growth in the local renewable energy market while making long-term sustainability a reality for more businesses. The transaction serves as one of several successful strategic funding initiatives our team has secured to support our vision of becoming the leading renewable energy company in South Africa. "Charl Alheit, Chief Investment Officer at SolarAfrica 'We are very excited to enter the South African market and to support SolarAfrica, a major and well-respected player, in its ongoing development. This investment is perfectly in line with our investment strategy dedicated to energy transition in emerging markets, using blended finance to help increase access to reliable and affordable energy in Africa.' Rim Azirar, Deputy Head of Investments at Mirova Read more: https://lnkd.in/eFvqgcdj #RenewableEnergy #SouthAfrica #Investments Chris Würdemann

Are you interested in investment opportunities that not only yield good returns but also contribute to sustainability and enhanced connectivity? Exploring Mexico's infrastructure might be the answer. From modernizing road and bridge networks to incentivizing renewable energy projects, Mexico presents a lucrative playground for potential investors. With an attractive regulatory framework supporting private investment and a clear commitment to sustainability, it's never been a better time to consider investing in Mexico's infrastructure. To learn more about these exciting prospects, dive into this in-depth analysis. Full Article found here : https://lnkd.in/g3SzBNj2

French multinational GreenYellow has secured financing of 172 billion Colombian pesos (approximately $43 million USD) with Banco de Bogotá for its 85MWp portfolio of #solarpower generation projects in #Colombia. The debt operation, structured under the figure of "project finance," facilitated the refinancing of five #solarparks located in Magdalena, Meta, and Córdoba departments, along with two self-consumption projects in Sucre and Boyacá. With this #investment, GreenYellow has now invested a total of 310 billion pesos into its #photovoltaic generation portfolio in #Colombia, furthering its commitment to #sustainableenergy and supporting the installation of over 130,000 #solarpanels across various locations. #GreenYellow #SolarPower #Colombia #RenewableEnergy #ProjectFinance #BancodeBogotá #SustainableDevelopment #SouthAmerica #LatinAmerica #Solarenergy #GreenEnergy Read more: https://lnkd.in/gQpA5vpk

According to the latest report on Global Greenfield Investment Trends by fDi Intelligence from the Financial Times, last year investors announced over 16,400 cross-border projects with an estimated total capital investment of $1.3tn and over 2.8 million jobs that were created. Top source country was the US while the top sector appeared to be the renewable energy sector. Europe in 2023 attracted over 6,200 FDI projects with high levels of capital investment worth approx. $347.6bn. Poland remained the leading destination country in the Emerging Europe by attracting 416 investment projects with an estimated value of $21.4bn 💪 #KSSE #KatowiceSpecialEconomicZone

Mirova Acquires #SolarProject with Storage Potential on Spanish Island French sustainable investment manager Mirova, an affiliate of Natixis Investment Managers, has #acquired a solar project of nearly 60 MWp plus potential additional up to 30 MW/120 MWh of storage in the Balearic Islands, #Spain. #storage #acqusition #capacity #emmission https://lnkd.in/dSsgY2Pz

WATCH | Our team recently concluded participation at the U.S-Africa Business Summit in Dallas, Texas, where the Namibian delegation presented the country’s investment potential. On the sidelines of the summit, our CEO Nangula Nelulu Uaandja spoke to CNBC Africa’s Fifi Peters about Namibia’s value proposition as an investment destination, highlighting opportunities in the renewable energy space and those emerging following the recent oil discoveries. With unparalleled natural resources, #Namibia has set herself the bold ambition of becoming the sustainable energy capital of Africa and this is supported by the government's green industrialisation strategy. #InvestInNamibia #USAfricaBusinessSummit #PartneringForSustainableSuccess #EnergyCapital #IndustrialisationOpportunities

🌏 $𝟖𝟎𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐆𝐫𝐞𝐞𝐧 𝐑𝐞𝐯𝐨𝐥𝐮𝐭𝐢𝐨𝐧 𝐢𝐧 𝐀𝐬𝐢𝐚 𝐏𝐚𝐜𝐢𝐟𝐢𝐜! 🌱💼 #Singapore global asset manager Keppel Ltd., Asian Development Bank (ADB), and Enterprise Singapore have joined forces to explore $800 million worth of energy transition and environmental sustainability projects across Asia and the Pacific. This groundbreaking initiative aims to abate at least 1 million tonnes of #CO2e annually, targeting sectors from renewable energy to waste management. With #EnterpriseSG's extensive network of over 35 overseas centers, #Keppel is poised to navigate regulatory landscapes and identify crucial financing resources. What impact do you foresee this partnership having on Asia Pacific's green energy landscape? Share your insights below! Read the full story on #Petromindo: https://lnkd.in/ekmv4E3B Stay ahead of the curve in #Asia's energy transition. Subscribe to Petromindo's newsletter for exclusive insights and analysis. #GreenEnergy #APACEnergyTransition #SustainableInvestment #ClimateAction #KeppelADBPartnership #GreenInvestmentAPAC #AsiaDecarbonization #PetromindoInsights Elevate your industry knowledge with #Petromindo's comprehensive resources: 📚 𝐁𝐨𝐨𝐤𝐬 | 📰 𝐌𝐚𝐠𝐚𝐳𝐢𝐧𝐞𝐬 | 🗺️ 𝐌𝐚𝐩𝐬 | 📊 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 Visit www.petromindo.com to explore our full range of products and services.