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

Cauchos Renovables

Find out more
countries red

Location
Panama

investment red

Investment Amount
1,000,000 USD

technology red

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.

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.

SEAF, USA

Impact fund

SEAF (“Small Enterprise Assistance Funds”) is an independent organization specializing in the sponsorship and management of investment funds targeting growth-oriented, emerging enterprises located in countries underserved by traditional sources of capital.