BEI will provide more than US$ 650 million to Enel for investments in the development of renewable energy projects in Brazil, Peru, and Colombia.

Written by Ruth Rodrigues

Published on 16/06/2026 at 14:46

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Besides Brazil, Peru and Colombia will benefit from the $650 million investment package in renewable energy projects delivered by the EIB to Enel, aiming to expand the energy transition in Latin America

Recently, the energy company Enel announced a partnership with the European Investment Bank (EIB) for the development of new renewable energy projects in some Latin American countries. Thus, as of this Saturday, (04/23), it is known that the EIB has signed a contract for an investment package of $650 million that will be applied in Brazil, Peru, and Colombia in ventures focused on the renewable energy segment.

EIB investment package in partnership with the energy company Enel will benefit Brazil, Peru, and Colombia with new renewable energy projects

The energy company Enel announced its partnership with the EIB, through its development branch EIB Global, and the Italian export credit agency Sace, for the development of new renewable energy projects in Latin America over the coming years, as a way to establish EIB’s actions in the international market regarding the energy transition in other countries, focusing on Brazil, Colombia, and Peru.

Thus, in a partnership format known as sustainability-linked financing that foresees a multi-country, multi-business, and multi-currency scope of up to 600 million euros (equivalent to more than $650 million), Enel will be able to develop a series of renewable energy projects in the three countries. This is the first agreement of this type that the EIB is conducting, and with this, the bank intends to expand its presence within international partnerships in the energy segment and attract more investors to the field.

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Investment plan in renewable energy projects by the energy company in Brazil, Colombia, and Peru will be essential for the company to achieve the carbon emissions reduction target

The executive Ricardo Mourinho Félix, vice-president of the European Investment Bank, commented on the relevance of the investment package that will be applied to renewable energy projects in Latin America through Enel and also stated that “This new agreement with Enel and Sace illustrates how the EIB intends to work through EIB Global, where partnerships are central. It also shows our commitment to promoting sustainable and green investments in Brazil, Colombia, and Peru.”

Enel highlighted that this is an extremely important step for it to achieve its goals regarding the reduction of carbon emissions within Brazil and other countries. The company aims to reach a mark equal to or less than 148 gCO2eq/KWh by 2023, thus contributing to achieving the UN’s Sustainable Development Goal 13, and will further intensify investments in renewable energy in the countries where it operates to achieve this result.

Thus, the partnership established with the EIB is one of the company’s moves to expand its renewable energy production and ensure the reduction of carbon emissions through new generation projects of this resource in the three countries in question.

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BEI will provide more than US$ 650 million to Enel for investments in the development of renewable energy projects in Brazil, Peru, and Colombia.

Besides Brazil, Peru and Colombia will benefit from the $650 million investment package in renewable energy projects delivered by the EIB to Enel, aiming to expand the energy transition in Latin America

EIB investment package in partnership with the energy company Enel will benefit Brazil, Peru, and Colombia with new renewable energy projects

Investment plan in renewable energy projects by the energy company in Brazil, Colombia, and Peru will be essential for the company to achieve the carbon emissions reduction target

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BEI will provide more than US$ 650 million to Enel for investments in the development of renewable energy projects in Brazil, Peru, and Colombia.

Besides Brazil, Peru and Colombia will benefit from the $650 million investment package in renewable energy projects delivered by the EIB to Enel, aiming to expand the energy transition in Latin America

EIB investment package in partnership with the energy company Enel will benefit Brazil, Peru, and Colombia with new renewable energy projects

Investment plan in renewable energy projects by the energy company in Brazil, Colombia, and Peru will be essential for the company to achieve the carbon emissions reduction target

Mother and daughter build a 70 m² house with more than 8,000 discarded glass bottles and impress with their creativity; known as the Casa de Sal, the property is located on Itamaracá Island, in Pernambuco.

Workers were opening a new road connection near the Marginal Tietê when they found, in the underground of the construction site, remnants of locomotives, wagons, and boilers from the 19th century linked to the forgotten history of Lapa.

Instead of burning or burying old tires, an American city is transforming about 2,000 of them into the street itself, paving its first sections with a quieter and more durable rubber asphalt.

He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

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