Even though the outbreak of the Covid-19 pandemic early 2020 had severe consequences for Latin America and the Caribbean, the regional team managed to expand PFAN’s network of advisors and partners in the region.
Due to the professional continuous support provided by PFAN’s advisors and despite the negative impact of the pandemic, projects succeeded in raising investments worth USD 11.9m.
Due to the restrictions imposed to fight the Covid-19 pandemic, previously planned in-person events and investment forums in the region had to be conducted virtually. The aim of the events was primarily to increase the visibility of PFAN in Latin America and the Caribbean for both project developers and investors. As a result of the particularly successful virtual Clean Energy Investment Forum on December 2-3, five projects started active negotiations with interested investors.
LAC in 2020
Total investment leveraged (USD millions)
11.9
Projects that reached financial closure
2
Total Advisors
9
Female Advisors
1
Locally-based Advisors (%)
78
Total number of projects supported
5
New partnerships established
2
Total number of projects supported by country
Photos courtesy of Earthspark International
Financial closure spotlight
Location
Panama
Investment Amount
1,000,000 USD
Technology
Climate Adaptation / Waste-to-Energy
Meet our Network in Latin America & the Caribbean
PFAN Advisor - Ernesto Hanhausen
Ernesto has more than 20 years direct experience in originating, developing, analyzing, structuring, implementing and managing investment projects and business opportunities in sustainable sectors such as Energy Efficiency (EE), ESCOs and Renewable Energy (RE) and water in Mexico and Central and South America.
He has been instrumental in structuring and implementing the most successful EE projects in Mexico, including EE in large hotels, large chains of department stores and supermarkets, industries and municipalities, as well as cogeneration projects. He has a proven track record in business development, structuring, implementation and management of private equity investments in the EE, ESCOs, RE and sustainable technologies sectors and has actively collaborated in the formation, structuring and development of successful ESCOs and renewable energy platforms in Mexico.
Ernesto has generated substantial deal flow and structured, developed and managed a number of investments. Ernesto is partner at Becquerel Capital, mainly in charge of an Energy Efficiency and Distributed Generation Platform.
Regional Coordinator - Federico Fische
Federico Fische is an economist with more than 20 years of experience in international development cooperation and private sector development. He specialises in renewable energy solutions, clean tech innovations and energy efficiency, private sector projects and public sector programme funding in the Caribbean, Latin America and Africa.
During the last three years, he has led the implementation of USAID’s US$ 10 million Clean Energy Finance Facility for the Caribbean and Central America. This grant programme has funded over 20 projects and leveraged over $800 million in potential investments. Later, Federico became the Key Expert for Latin America, Caribbean and Pacific region for the EU Technical Assistance Facility for Sustainable Energy for Neighbourhood (East and South), Asia, Latin America, Caribbean and Pacific. In this role, he supports policy analysis, development and implementation for the clean energy sector, with the aim to accelerate and implement countries’ sector reform policies related to access to clean energy, and to foster and facilitate project funding.
New Partners in 2020
Fundación Solar, Guatemala
Industry association
Fundación Solar is a private development organization that supports and develops projects focused on the use of renewable energy and the conservation of the environment.
