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BlackRock-Backed Puerto Rico Utility Deal to Slash Debt by 75%
Puerto Rico’s bankrupt power utility has reached a deal with BlackRock Financial Management and Nuveen Asset Management to slash its debt by about 75%
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Brazil Could Become a Leader In Cheaper Green Hydrogen Production
The high cost of producing the fuel could begin to drop as technology improves, and Brazil could be among the countries to offer lower production costs, although analysts don’t expect the cost to drop much before 2030
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Colombia’s Renewables Capacity to Get 1GW Boost With Isagen-Atlas Alliance
Isagen has struck up an alliance with US company Atlas Renewable Energy to build projects totaling 1GW of generation capacity in the country
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Mexico’s CFE Incurs Debt to Revamp Hydro Plants, Meet Demand Driven By Nearshoring
The state-owned power utility has obtained a $333 million loan from JP Morgan and HSBC to modernize seven hydroelectric power plants
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How El Niño Could Benefit Ecopetrol and Canacol With Growth In Natural Gas Demand
According to Moody’s, the climatic phenomenon could increase the demand for natural gas as drier weather reduced hydroelectric generation
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Petrobras Faces New Clash With Government Over Cost of Natural Gas
Executives believe that reducing the cost by 40%, as the government advocates, is not viable given that extraction is 300 km off the coast, sources told Bloomberg News
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Siemens Energy Investigates Flaws, Quality Issues at Wind Unit In Brazil
Siemens Energy last month detailed fresh problems in its onshore wind turbines, further hampering efforts to turn around its troubled Spanish subsidiary Gamesa
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Brazil Aims for Green Hydrogen Export Market Amid Clean Energy Boom
Brazil has cheap wind power and a prime location to do business with Europe, but the federal government has not set up a national green hydrogen plan
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Exclusive: Mexico to Meet Clean-Energy Goal With New CFE Solar, Hydro Plants
The energy ministry has rejected that it includes combined-cycle plants within its clean energy matrix, but does not rule out including them