March 15, 2024
LATAM Highlights
Brazil
Petrobras embarks on mission to salvage market value, as reported by OilPrice.
Colombia
Enerfin commences commercial operation of 102-MW solar farm in Colombia, according to Renewables Now.
Argentina
Argentina launches record bond swap in bid to clear path for ending currency controls, Financial Times reports.
Peru
Peru set to revive Senate 30 years after Fujimori abolished it, Bloomberg confirms.
Panama
Weather conditions showing improvement for Panama Canal transit but still falling short, MercoPress notes.
Ecuador
IMF confirms Ecuador's request to begin discussing a new program; bonds experience uptick, Reuters states.
Paraguay
Free Trade Agreement negotiations between Japan and Mercosur to kick off next month, Paraguayan FM reveals, MercoPress announces.
Notable Transactions in Our Space
Nextron Energia, a São Paulo, Brazil-based energy-as-a-service platform, raised $5M in Series A funding from Copel Ventures and Vox Capital.
Brazilian alternative asset manager Vinci Partners Investments will acquire Compass Group to create a combined entity managing over $50B.
US natural gas producer EQT agreed to buy back former unit Equitrans Midstream for about $5.5B in stock.
Essential Read
Learn about the latest trends and market insights in Carbon Direct's "The State of the Voluntary Carbon Market" report. Gain valuable insights from analysis of major registries and carbon removal projects.
Podcast Spotlight
Explore the latest Carbon Removal Newsroom podcast episode: "Biotech Trees: The New Frontier". Learn how Living Carbon's innovative trees use biotechnology to enhance carbon absorption through C4 photosynthesis. Discover misconceptions and why tree resilience is crucial for carbon removal.
Stat of the Week
Featured in the Financial Times, the graph below illustrates February's unprecedented global temperature rise of 1.77°C above pre-industrial levels. This marks the ninth consecutive month of record heat, emphasizing the urgent need for climate action.
Our LinkedIn Updates and Posts
Explore North America's nuclear resurgence. Learn about US and Canada's nuclear investments. Read more here.
Explore insights on Canada's decarbonization efforts and nuclear investments. Dive deeper in the full article.
Discover Brazil's clean energy evolution: less hydro, more renewables. Read more.
