The International Energy Agency (IEA) forecasts that the share of renewables in global electricity supply will increase from 26 % in 2018 to 44 % in 2040 and will provide two-thirds of the increase in electricity demand recorded in that period.

According to experts, renewable energies have become one of the top priorities of governments, companies and organizations seeking to reduce carbon dioxide emissions and generate a positive impact on the environment, but one of the biggest challenges is the lack of financing.

In this context, Azimut Energíalaunched a Private Investment Fund (PIF) that seeks to be a financial vehicle for energy transition projects. The fund has a capital of 30 billion pesos in deals already executed, and seeks to raise an additional 150 billion pesos for the development of projects over the next three years.

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