socaltech.com
Los Angeles-based
ProducePay, a fintech startup which offers up pricing information, analytics, and a marketplace connecting produce growers and distributors, has raised $43M in its Series C funding. The funding was led by G2VP, with co-lead IFC (International Finance Corp.) and IDB Invest (Inter-American Development Bank Group), and also included Anterra Capital, Coventure and new investors Astanor Ventures, IGNIA, and Finistere. The company says the new round brings its total raised to over $300M, including both equity and debt. ProducePay offers up grower financing, market pricing and analytics information, and a marketplace which connects produce growers, distributors, and suppliers.
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Financing deal reached on El Salvador LNG power project
May 12, 2021 6:26:pm
Summary
by: Daniel Graeber
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Financing deal reached on El Salvador LNG power project
A division of BW Group, an oil and gas producer, said May 12 its partners had closed on a financing deal to support an LNG-to-power project in El Salvador
BW LNG said it closed on a $128.3mn financial deal with sustainable energy developer Invenergy and IDB Invest, part of the Inter-American Development Bank Group, to back a floating storage and regasification unit (FSRU) for the greater Energia del Pacifico (EDP) LNG-to-power project.
“This is the region s first FSRU, which will be permanently moored at the Port of Acajutla, Sonsonate, El Salvador,” the companies said. “Invenergy and BW LNG will jointly commission, operate and maintain the FSRU.”