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Scatec and Norfund reach financial close on a $121 million USD solar plant in Cundinamarca, marking a shift in Colombia's energy matrix.

MPC Energy Solutions invested $11 million USD equity to develop and construct the project.

With this agreement, Renovatio enables the entry of two new solar farms to the Colombian electricity generation market, consolidating the entry of two new multinational players listed on major European stock exchanges.

Finance Colombia executive editor Loren Moss was able to sit down with Grupo Renovatio general manager Francisco Sanclemente in Bogotá to understand the renewable energy auction and what it means for the industry, and for all Colombians.

Global renewable energy operator Renovatio Group has had a presence in Colombia since 2013, trading and marketing green energy and related services to environmentally conscious business customers. Now, it is launching the first private renewable energy auction November 4, 10am,...

Fitch Ratings has assigned a ‘BB+’ rating to TermoCandelaria Power Ltd.’s proposed notes reopening of up to $200 million USD under its 7.875% senior unsecured notes due 2029. TermoCandelaria initially issued $410 million in senior unsecured notes in January 2019...

Colombia’s First Renewable Energy Auction has been set for October 22, 2019. The government has published the PPA (Power Purchase Agreement) contract and its terms of reference.  There have been several relevant modifications to the auction’s design intended t...