September 27, 2024
LATAM Highlights
Brazil
Elon Musk's X retreats in Brazil (New York Times)
Argentina
Argentina’s Javier Milei criticizes UN's ‘socialist’ agenda (Financial Times)
Chile
Chile: Enap and France’s EDF target green hydrogen exports from the south (América EconomÃa)
Peru
Peru’s economy expected to expand 3.1% this year, according to central bank (Reuters)
Panama
Mexico investing $7.5 billion in new trade route to challenge Panama Canal (Wall Street Journal)
Venezuela
Spain allegedly helps Venezuela in exiling opposition leader (Financial Times)
Mexico
Mexico’s Congress places National Guard under military control: why it matters (AP News)
Notable Transactions
Brookfield raised $2.4B for an Emerging Markets focused clean energy fund.
Macquarie Asset Management agreed to acquire a minority stake in D. E. Shaw Renewable Investments for $1.73B.
Diamondback Energy and Kinetik acquired a combined 30% stake in Epic Midstream unit Epic Crude.
Essential Read
The Financial Times explores how nuclear power projects struggle with traditional financing methods due to high upfront costs and risks, with recent pledges from major banks offering cautious optimism.
Podcast Spotlight
The Catalyst Podcast explores the potential of AI to revolutionize materials discovery, examining how it’s helping with battery chemistry and carbon capture, but hasn’t yet led to commercially viable materials.
Stat of the Week
The Visual Capitalist graphic highlights the top 15 wind power-producing countries, with China leading global capacity additions in 2023, contributing nearly 66% of the total, according to the Energy Institute’s 2024 report.
Our LinkedIn Updates and Posts
- The Washington Post reports that a Microsoft partnership could revive the Three Mile Island nuclear plant to power AI by 2028. Discover more here.
- As covered by the Financial Times, major banks are backing COP28's goal to triple nuclear capacity by 2050. Find out how.
- Discover more about the potential of nuclear fusion as limitless clean energy in Bloomberg's latest analysis.
Meme of the Week
