EIB Global, the international partnerships and development arm of the European Investment Bank (EIB), and Enel Colombia S.A., part of the Italian Enel Group, announced a loan of up to $200 million to finance two new solar projects in the Atlántico region of Colombia at the EU-CELAC (Community of Latin American and Caribbean States) summit today. The Guayepo III and Atlántico projects will help Colombia increase renewable energy supply, reduce emissions and support the country’s climate goals. An initial disbursement of $100 million was completed in July, with the remaining amount expected to be disbursed over the coming months. These projects will strengthen Colombia’s renewable energy capacity, reduce emissions and advance the country’s climate and energy transition goals.