May 3, 2024
Within Our Network
Congratulations to Summit Ridge Capital Partners on closing a Senior Secured Term Loan to Compagnie Maritime Monegasque (CMM). A significant step towards fostering sustainable shipping operations in Brazil.
LATAM Highlights
Brazil
Fueling growth: Petrobras reports 3.7% increase in Q1 production, averaging 2.77 million boe/day. (Valor)
Colombia
Colombians rally for Petro's reforms amidst congressional debate. (Reuters)
Argentina
Argentina senate next stop for Milei reforms after lower house approval. (Bloomberg)
Chile
Chilean economy contracts as expected ahead of rate meeting. (Bloomberg)
Panama
Exploring desalination: Panama Canal Authority's initiative for sustainable operations. (MercoPress)
Ecuador
Ecuador defends embassy raid, citing criminal pursuit in UN court. (AP News)
Venezuela
Venezuelan oil exports decline due to US sanctions and decreased Asian sales. (Reuters)
Notable Transactions
TotalEnergies joins contenders for $1.1B AES Brasil Energia, competing with China Three Gorges and Auren Energia. AES seeks ~$1.4B for Brazilian assets.
Exowatt, A US based clean energy startup, received $20 Million funding from Sam Altman and Andreessen Horowitz for Sustainable AI Data Center Solutions.
Green Energy Park secures $30 Million to establish one of the world's largest renewable hydrogen production plants in Piauí, Brazil.
Essential Read
The G7's commitment to phase out coal use in power generation within a decade shapes global energy dynamic. Learn more here.
Podcast Spotlight
Adapting to AI datacenter demand: Insights from electric utilities. Explore how utilities are meeting the rising demand from AI datacenters here.
Stat of the Week
Lithium's significance in the clean energy transition and EV industry makes it a compelling investment. Discover why lithium is gaining traction as an investment opportunity here.
Our LinkedIn Updates and Posts
Unveiling the allure of small nuclear reactors: explore the reasons driving the interest in small nuclear reactors in this captivating video.
Learn about the resurgence of nuclear power in the U.S. and its implications in this insightful article.
Meme of the Week
