
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
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.