Argentina’s YPF to Build First Solar Park; Chile to Issue $2B in Green Bonds

A roundup of Monday’s news from across Latin America

Bloomberg Línea
February 07, 2022 | 09:55 PM

Bloomberg Línea — Argentina’s state-owned utility YPF Luz announced Monday that it will begin construction of the 300MW El Zonda solar park in the province of San Juan. This will be the company’s first solar park and will involve an investment of more than $90 million.

Chile plans to issue $2 billion in sustainable bonds this month, adding to the $4 billion already raised this year.

On the stock markets, Argentina’s Merval (MERVAL) was the best performing stock market in Latin America on Monday, halting a three-session losing streak, in the midst of uncertainty generated by the beginning of the agreement with the International Monetary Fund, which will have to be endorsed by Congress. Brazil’s Ibovespa (IBOV), the largest stock exchange by market capitalization in Latin America, fell by 0.22%, reflecting the volatile session in the U.S.

Following is a roundup of Monday’s news from Bloomberg Línea and Bloomberg reporters across Latin America.





Costa Rica



This is how the region’s markets closed on Monday, February 7: