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Peru grants power concessions for combined 530MW

The solar and wind projects' developers now have 24 months to carry out additional studies.

Business News Americas
06 Sep 2024

Waves expected in Brazil's water sector with more tenders on the way

Tenders are being prepared for contracts in Pará, Pernambuco, and Rondônia states, while another tender is scheduled for one in Piauí state.

Business News Americas
06 Sep 2024

Brazil approves pre-salt open acreage tender draft

On offer are 14 offshore production sharing blocks.

Business News Americas
06 Sep 2024

Peru's ProInversión avoids political instability and pushes ahead with key tenders

This year, the investment promotion agency wants to award 23 projects worth over US$8bn.

Business News Americas
06 Sep 2024

Colombia truckers strike: Government warns of food shortages

The Ministry of Agriculture and Rural Development has made a new appeal to transporters blocking roads as part of the truckers' strike, asking them to allow the urgent creation of food supply corridors.

Business News Americas
06 Sep 2024

Codelco buys Enami's Quebrada Blanca share for US$520mn

While seen beneficial for Codelco, industry players said it will damage Enami.

Business News Americas
06 Sep 2024

Southern Cone roundup: Renewables projects, transmission studies tender

A roundup of electric power sector news from Chile and Argentina.

Business News Americas
06 Sep 2024

Chile launches tender to rebuild flood-damaged hospital

The US$22.8mn contract involves building a new 5,000m2 complex in a different location from the original Licantén hospital.

Business News Americas
06 Sep 2024

Mexican miners see willingness to reconsider proposed ban on open-pit operations

That is according to the president of mining chamber Camimex, which believes such a ban would further compromise the future of the industry.

Business News Americas
06 Sep 2024

Dominican Republic looking to explore for rare earths with US support

Dominican President Luis Abinader spoke at the Conference on Infrastructure Investment in Latin America and the Caribbean hosted by Latin American development bank CAF in New York.

Business News Americas
06 Sep 2024

Suriname to overhaul crude processing infrastructure

The country's national oil company reported record output of 6.27Mb last year.

Business News Americas
06 Sep 2024

Nexa sells Peruvian copper subsidiary

Minera Cerro Colorado holds the concession for the US$655mn Pukaqaqa greenfield copper exploration project.

Business News Americas
06 Sep 2024

Honduras to launch third tender to build offshore prison

The commander of the military police (PMOP), Ramiro Muñoz said that the process will be relaunched in the coming days.

Business News Americas
06 Sep 2024

Rapidly spreading AI driving LatAm demand for Dynatrace's network management services

Rick McConnell, global CEO of the Massachusetts-based software group, shared his views on the topic with Brazilian reporters.

Business News Americas
06 Sep 2024

ICE and BCR sign financing contract for modernization of Tejona Wind Farm

It will increase its installed capacity to 42 megawatts.

Business News Americas
06 Sep 2024

Neutral Networks doubles down on Mexican datacenters with JV

The company associated with its US peer SummitIG, a Virginia-based network solutions and bandwidth infrastructure provider, to form SierraIG.

Business News Americas
06 Sep 2024

Argentina raises distributed generation capacity limit

Argentina established rules for distributed renewable energy systems under law No. 27,424 of 2017, which has since been modified to incorporate the likes of community user-generators.

Business News Americas
06 Sep 2024

Claro pushes AI development with US$200mn fiber optics investment

“With this investment, we are modernizing our network and creating the foundation on which artificial intelligence can be strengthened in Colombia,” said Rodrigo de Gusmao, president of Claro Colombia.

Business News Americas
06 Sep 2024

TIM triples 5G infrastructure for Rock in Rio Brazil 2024

The number of 5G antennas has more than tripled compared to 2022 – from 25 to 86 – and new technologies have been introduced that will significantly increase capacity and efficiency, enhancing the customer experience.

Business News Americas
06 Sep 2024

Minister López leads the start of construction of the new La Florida Airport in La Serena

The new airport concession will have an investment of US$56.7 million and includes the expansion of the passenger terminal from 4,360 to 13,260 m2, thus tripling its surface area.

Business News Americas
06 Sep 2024

First Majestic announces agreement to acquire Gatos Silver

Gatos is a silver dominant producer with a 70% interest in the Los Gatos Joint Venture, which owns the producing Cerro Los Gatos underground silver mine in Chihuahua, Mexico.

Business News Americas
06 Sep 2024

89% of investors believe that the Chilean economy is unlikely to enter a recession

The survey revealed that two out of three investors expect lower inflation over the next 12 months.

Business News Americas
06 Sep 2024

Communications ministry publishes notice for projects to take internet to up to 20,000 schools

Investments amount to up to R$1.2 billion for providers to deliver school units with connectivity through the Fust tax waiver.

Business News Americas
06 Sep 2024

Argentina's BICE Fideicomisos seeks contingency datacenter services

BICE Fideicomisos wants to have redundancy in case equipment is adversely affected.

Business News Americas
05 Sep 2024

Pemex's Bakte field to give Mexican natgas output a shot in the arm

The onshore field in southeastern Mexico will produce up to 600Mf3/d of natural gas.

Business News Americas
05 Sep 2024
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