Why Latin America is perfect for renewable energy

Renewable energy has been slow to get off the ground in Latin America. But that looks like it’s starting to change. James McKeigue explains the best way to invest.

My fiance and I are planning our honeymoon at the moment. After weeks of looking at brochures we're no closer to booking anything, but I have become pretty familiar with how Latin American countries sell themselves to tourists. The pitch generally goes something like this: "[insert country name] is a land of contrasts. A long coastline is set against some of the world's highest mountains, while the interior has vast swathes of jungle/desert/wilderness to explore." It's not that they're lying. Indeed nearly every Latin American country I've ever been to has spectacular landscapes. But for those competing for the tourist dollar, so do all their neighbours, unfortunately.

But this breathtaking, extreme geography isn't just good for tourism. It also creates ideal conditions for renewable energy. Until now, renewable technologies such as wind and solar power have been slow to get off the ground in Latin America, but that looks like it's starting to change. And that should throw up exciting opportunities for investors. And today I'll share with you one great way to get in on this opportunity.

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James McKeigue

James graduated from Keele University with a BA (Hons) in English literature and history, and has a certificate in journalism from the NCTJ. James has worked as a freelance journalist in various Latin American countries.He also had a spell at ITV, as welll as wring for Television Business International and covering the European equity markets for the Forbes.com London bureau. James has travelled extensively in emerging markets, reporting for international energy magazines such as Oil and Gas Investor, and institutional publications such as the Commonwealth Business Environment Report. He is currently the managing editor of LatAm INVESTOR, the UK's only Latin American finance magazine.