Latin America is rapidly moving to the center of the global
renewable energy map. Whilst developers and lenders are still
encountering some challenges in closing projects, the opportunities
presented by many of the upcoming auction processes are justifying
the worldwide interest in the region.
Latin America finds itself at the forefront of global renewable
energy development. Countries across the region have established
some of the world's most ambitious deployment targets, and
although many can already count on vast operating hydropower
capacity, most will need a much larger and more diverse pipeline in
order for the set targets to be met.
However, according to inspiratia's recent webinar on the
topic, in which Orrick Energy & Infrastructure Partner
George Humphrey was a speaker, the path to success
is not easy. Several issues – ranging from the ease and cost
of funding in the debt and equity markets, to regulation and
macroeconomic factors – can throw more than a