September 13, 2024
LATAM Highlights
Brazil
AWS commits $1.8 billion to Brazil by 2034 (Reuters)
Colombia
Colombian government’s 2025 budget proposal rejected by lawmakers (Reuters)
Argentina
Argentina aims for $15 billion in energy investments next year with deregulation (Reuters)
Chile
Chile's SQM issues $850 million bond internationally (América EconomÃa)
Peru
Former Peruvian president Alberto Fujimori dies at 86 (Financial Times)
Panama
David-Panama train project seen as feasible with private investment (América EconomÃa)
Venezuela
Edmundo González, Nicolás Maduro’s rival in Venezuela presidential election, flees to Spain (FT)
Bolivia
Bolivia’s YLB inks deal with Russian Uranium for lithium extraction plant (América EconomÃa)
Notable Transactions
Órigo Energia, Brazil’s largest distributed generation platform, secures $400M investment from I Squared Capital
PE firm Five Point Energy raised ~$1.4B for a fund to invest in infrastructure development
O&G producer APA will sell non-core Permian Basin drilling properties to an undisclosed buyer for ~$950M
Essential Read
AI computing uses far more resources, with each ChatGPT query consuming 10 times more electricity than a Google search. According to the Los Angeles Times, this could match the power usage of a country like Ireland.
Podcast Spotlight
Bloomberg’s Big Take examines the emerging market of autonomous flying taxis, with reporters testing prototypes in China and discussing the future of this billion-dollar industry.
Stat of the Week
The graphic from The Observatory of Economic Complexity illustrates the largest export market for each G20 member, revealing key trade relationships based on the share of goods exported.
Our LinkedIn Updates and Posts
- The US Grains Council's initiative on biofuels and ethanol at the Growing Energy conference in Costa Rica. Read the full article here.
- Discover how a shortage of young nuclear engineers could impact the future of clean energy and industry growth.
Meme of the Week
