Lula Urges US Firms to Invest in Brazil’s Rare Earths
Brazilian President Luiz Inácio Lula publicly urged U.S. companies to invest in Brazil’s nascent rare‑earth sector after a recent meeting with former President Donald Trump. Lula highlighted Brazil’s estimated 20 percent share of global rare‑earth reserves and the country’s ambition to become a strategic supplier outside China. He announced a package of tax incentives, streamlined licensing and joint‑venture frameworks to attract U.S. capital. The appeal comes as U.S. firms have recently scaled back interest in Latin America’s largest economy.
Brookfield-Acciona JV Lines up Financing
Brookfield‑Acciona joint venture BASA Saneamento Ambiental secured BRL 3.9 bn ($400 m) to fund its new water‑concession in Pernambuco, Brazil. The package includes BRL 2.05 bn ($210 m) of blue debentures issued at 1.9 % over the DI rate and a fully‑hedged two‑year international credit line with...
Colombia Gathers Policy Makers to Plot Future Free of Fossil Fuels
Colombia brought together senior policymakers, energy officials and industry leaders to map a transition away from fossil fuels, aiming for a carbon‑neutral power mix by 2050. The gathering coincided with a wave of sustainable‑finance activity across Latin America, including green,...
Banamex, Gatún Price Global Notes
Mexican lender Banamex placed a global bond offering as it readies a potential initial public offering slated for next year. Simultaneously, Panama’s power generator Gatún entered the capital markets with its first-ever bond issuance, marking the firm’s market debut. Both...
Vista Mulls Boosting Acreage in Vaca Muerta
Vista Energy, the Argentina‑focused oil producer, is weighing a bid in the upcoming Vaca Muerta licensing round to expand its shale acreage. The company sees the opportunity to add significant reserves and boost production ahead of its 2027 output target....
Minerva Pivots to Local Bond Market
Minerva, the region’s top meat exporter, announced it will issue debentures on the Uruguayan market this Thursday, marking its first cross‑border bond sale in over two years. The move signals a strategic shift from international capital markets toward local investors....
Southern Energy Fields Interest for Pipeline Financing
Southern Energy, leading an Argentine consortium, is courting banks for financing a 500‑kilometre pipeline that will feed a new LNG export facility on the Atlantic coast. The project aims to transport natural gas from the Vaca Muerta shale basin to a...
Vitol Mulls Equity Stake in Argentina LNG Project
Vitol, the world’s largest independent commodities trader, is evaluating an equity investment in a proposed Argentine liquefied natural gas (LNG) export project. The venture, slated to produce roughly 2.5 million tonnes per annum, would tap the Vaca Muerta shale basin and could...
Brazilian Official Nixes Terrabras Creation
Brazil’s industry minister announced that the government will not create Terrabras, a proposed state‑owned rare‑earth mining company. While acknowledging the strategic importance of rare‑earths, he argued that existing regulatory frameworks are sufficient and a new public entity would be redundant....
Central Puerto Plugs Into Local Bond Market
Argentina's leading power generator Central Puerto tapped the domestic bond market this week, issuing a 10‑year, ARS 35 billion ($200 million) tranche at an 8.5% coupon. The proceeds will fund renewable‑energy upgrades, strategic acquisitions, and a diversification push into logistics and agribusiness. The...
Light Reshuffles C-Suite Amid Restructuring
Light, the Rio de Janeiro power holding, announced a C‑suite reshuffle as part of a multi‑year restructuring plan. The board appointed a former Petrobras executive as chief financial officer to spearhead debt reduction and tighter capital allocation. Simultaneously, Light Energia,...
Edenor, Rede D’or Tap Cross-Border Market
Argentina’s largest electricity distributor, Edenor, and Brazil’s leading private hospital operator, Rede D’Or, placed new high‑yield, junk‑rated bonds in the U.S. dollar market. Both offerings were oversubscribed, highlighting strong investor appetite for emerging‑market corporate debt. Edenor’s issue marks its first...
YPF Fields Bidders for Metrogas
Argentina's state‑controlled oil giant YPF has engaged Citi to find buyers for its majority stake in Metrogas, the country’s largest gas distribution company. The transaction, expected to fetch between $1.5 billion and $2 billion, is part of YPF’s broader plan to raise...
Carlyle Sells Peruvian Rail Business
Carlyle Group has sold its controlling stake in Peru's premier rail operator that shuttles tourists to the Machu Picchu region. The private‑equity firm acquired the railway in 2015 and now exits as the business prepares for a new ownership structure. The...
Oceânica to Fund Buyback with New Bonds
Oceânica Engenharia announced a tender offer to repurchase up to $400 million of its $525 million 13 % senior secured notes due 2029. Investors will receive $1,080 per $1,000 face value if they tender by May 1, dropping to $1,040 through May 18. The buyback...