Banco de Occidente commits $200B to 250 MWp solar park in Santander, Colombia

Banco de Occidente will finance a 250 MWp solar park in Santander, Colombia, expected to generate over 500 GWh annually and begin operations in 2028. This is a notable investment in Colombia's renewable energy capacity, though details on financing structure and offtake agreements remain unclear. The project aligns with Colombia's energy transition goals but is not yet a market-moving event.