The Inter-American Development Bank (IADB) has approved an unsecured corporate loan of up to $76 million to Impulsora Nacional de Electricidad – a subsidiary of, and guaranteed by, Enel Green Power – for its 74MW Bii Nee Stipa II wind project in Oaxaca, Mexico.

The US Department of Agriculture has awarded Chemtex a $99 million conditional loan guarantee for its Project Alpha cellulosic ethanol project.

Blue Sphere Corporation has signed a vendor finance agreement with Caterpillar for $21 million in loans to fund 70% of the first two of Blue Sphere’s planned $140 million ten-biogas project programme in the US.