devinitorg/iati-policy-markers huggingface dataset:
Bicentenario Wind Project The objective of the Project is the financing of the construction, operation and maintenance a wind farm of approximately 100 MW and its associated facilities. The Project connects to the 132 kV electric power transmission line “Petroquímica-Puerto Deseado” which runs right next to the Project. As part of the interconnection works, the 500 kV Santa Cruz Norte substation will be boosted with a new 150 MVA 500 kV/132 kV transformer. The total project cost is approximately US$ 150-155 million (including VAT & interest during construction) and will be financed on a corporate basis. The financial plan for the project will include an A loan of up to US$ 60 million with a 10 year tenor, and a Co-loan from an ECA for the rest of the financing. The loan will also include a grace period of six (6) months after the commercial operation date of the Project. The project will contribute to the development of renewable energy in Argentina by contributing to the diversification of its energy matrix. The first phase of the project will add at least 100 MW of renewable capacity to the national grid thus decreasing fossil fuel generation reliance; and by displacing approximately 213,733 equivalent tons of carbon dioxide emissions per year. The objective of the Project is the financing of the construction, operation and maintenance a wind farm of approximately 100 MW and its associated facilities. The Project connects to the 132 kV electric power transmission line “Petroquímica-Puerto Deseado” which runs right next to the Project. As part of the interconnection works, the 500 kV Santa Cruz Norte substation will be boosted with a new 150 MVA 500 kV/132 kV transformer. The total project cost is approximately US$ 150-155 million (including VAT & interest during construction) and will be financed on a corporate basis. The financial plan for the project will include an A loan of up to US$ 60 million with a 10 year tenor, and a Co-loan from an ECA for the rest of the financing. The loan will also include a grace period of six (6) months after the commercial operation date of the Project. The project will contribute to the development of renewable energy in Argentina by contributing to the diversification of its energy matrix. The first phase of the project will add at least 100 MW of renewable capacity to the national grid thus decreasing fossil fuel generation reliance; and by displacing approximately 213,733 equivalent tons of carbon dioxide emissions per year.
Banco Macro S.A. - TFFP (AR-L1114) <p>Banco Macro S.A. - TFFP (AR-L1114)</p> <p>Banco Macro S.A. - TFFP (AR-L1114)</p>
MGM Sustainable Energy Efficiency Central America <p>MGM Sustainable Energy Efficiency Central America</p> <p>MGM Sustainable Energy Efficiency Central America</p>
Sicredi - Green Bond The transaction will consist in the purchase by IDB Invest of a subordinated unsecured tier II bond under private placement issued by Banco Cooperativo Sicredi S.A. (“Bank Sicredi”) for an amount up to US$100 million. The use of the proceeds will be to finance eligible projects or companies aligned with certain Green Development Goals as to allow for the classification of the issuance as Green (as per IDB Invest’s criteria), in accordance with the International Capital Market Association’s (“ICMA”) Green Bond Principles. The transaction will consist in the purchase by IDB Invest of a subordinated unsecured tier II bond under private placement issued by Banco Cooperativo Sicredi S.A. (“Bank Sicredi”) for an amount up to US$100 million. The use of the proceeds will be to finance eligible projects or companies aligned with certain Green Development Goals as to allow for the classification of the issuance as Green (as per IDB Invest’s criteria), in accordance with the International Capital Market Association’s (“ICMA”) Green Bond Principles.
Gran Cursos Equity Investsment <p>Gran Cursos Equity Investsment</p> <p>Gran Cursos Equity Investsment</p>
Promotora de Cultura Yaxché S.A. de C.V. PCY is the company that won the bid and was awarded the service agreement for the development of GM4, including the construction of the building and installations, their outfitting, the preparation of the museography, and, from the date that the completion certificate for the activities preliminary to the museum opening is issued, its upkeep, security, and operations. GM4 is a project promoted by the Government of Yucatán State under its State Development Plan 2007-2012.The Project has the following stages: (i) construction of the building and installations; (ii) outfitting of the museum; (iii) preparation of the museography for four permanent and one temporary room; and (iv) the services related to the museum’s upkeep, security, and operations, such as maintenance, equipment and furniture, parking, pest control, supplies, gardening, security and surveillance, and telecommunications and computer systems.		The IIC loan of up to MX$100.0 million will be used for the construction and launch of GM4’s operations. PCY is the company that won the bid and was awarded the service agreement for the development of GM4, including the construction of the building and installations, their outfitting, the preparation of the museography, and, from the date that the completion certificate for the activities preliminary to the museum opening is issued, its upkeep, security, and operations. GM4 is a project promoted by the Government of Yucatán State under its State Development Plan 2007-2012.The Project has the following stages: (i) construction of the building and installations; (ii) outfitting of the museum; (iii) preparation of the museography for four permanent and one temporary room; and (iv) the services related to the museum’s upkeep, security, and operations, such as maintenance, equipment and furniture, parking, pest control, supplies, gardening, security and surveillance, and telecommunications and computer systems.		The IIC loan of up to MX$100.0 million will be used for the construction and launch of GM4’s operations.
Emprendimientos Forestales <p>Emprendimientos Forestales</p> <p>Emprendimientos Forestales</p>
FSRU for Acajutla LNG to Power Project <p>FSRU for Acajutla LNG to Power Project</p> <p>FSRU for Acajutla LNG to Power Project</p>
Banco Promerica Guatemala - Sustainable Bond Banco Promerica S.A. (hereinafter, “BPGT”, the “Bank” or the “Issuer”) is structuring a thematic issuance program. The first issuance within this program will consist in a sustainable, common, senior, unsecured bond to be issued through a public placement in Guatemala. The issuance will amount to up to US$50 million as follows: (i) IDB Invest will subscribe bonds in the amount of up to US$30 million for a term of up to 5 years; and (ii) other investors will subscribe bonds in the amount of up to US$20 million. In addition, IDB Invest will participate in a second issuance under the program, roughly to occur in 2024, in the amount of up to US$15 million (uncommitted) and for a term of up to five years.The resources will be used to expand the Bank’s green portfolio and social portfolio. The use of funds will allow the issuance to be labeled as sustainable under the International Capital Market Association (“ICMA”) thematic bonds principles. Banco Promerica S.A. (hereinafter, “BPGT”, the “Bank” or the “Issuer”) is structuring a thematic issuance program. The first issuance within this program will consist in a sustainable, common, senior, unsecured bond to be issued through a public placement in Guatemala. The issuance will amount to up to US$50 million as follows: (i) IDB Invest will subscribe bonds in the amount of up to US$30 million for a term of up to 5 years; and (ii) other investors will subscribe bonds in the amount of up to US$20 million. In addition, IDB Invest will participate in a second issuance under the program, roughly to occur in 2024, in the amount of up to US$15 million (uncommitted) and for a term of up to five years.The resources will be used to expand the Bank’s green portfolio and social portfolio. The use of funds will allow the issuance to be labeled as sustainable under the International Capital Market Association (“ICMA”) thematic bonds principles.
Banco de Credito Nacional <p>Banco de Credito Nacional</p> <p>Banco de Credito Nacional</p>
Electricity Tariff Stabilization Liquidity Facility I (Chilquinta VI) <p>Electricity Tariff Stabilization Liquidity Facility I (Chilquinta VI)</p> <p>Electricity Tariff Stabilization Liquidity Facility I (Chilquinta VI)</p>
Produbanco The proposed line of credit is for a loan in the amount of US$7million to Banco de la Producción, S.A. - Produbanco. The proceeds will be used to provide financing to small and medium-size Ecuadorian companies, for foreign trade export and import operations, and for working capital related to the export and import activities. The proposed line of credit is for a loan in the amount of US$7million to Banco de la Producción, S.A. - Produbanco. The proceeds will be used to provide financing to small and medium-size Ecuadorian companies, for foreign trade export and import operations, and for working capital related to the export and import activities.
Banco Regional IV The objective of this program is to finance eligible projects via loans to eligible enterprises in Paraguay that meet the IIC’s and Banco Regional’s credit criteria and environmental and labor requirements. These small and medium-size enterprises (SMEs) in Paraguay require medium- or long-term financing in order to carry out their operations. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of SMEs, which currently have limited access to financing with terms of more than one year. The proposed transaction consists of a loan of up to US$6,000,000. The objective of this program is to finance eligible projects via loans to eligible enterprises in Paraguay that meet the IIC’s and Banco Regional’s credit criteria and environmental and labor requirements. These small and medium-size enterprises (SMEs) in Paraguay require medium- or long-term financing in order to carry out their operations. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of SMEs, which currently have limited access to financing with terms of more than one year. The proposed transaction consists of a loan of up to US$6,000,000.
Marie Sharp The proposed financing to Marie Sharp Fine Foods Limited (“Marie Sharp”, the “Borrower” or the “Company”) consists of a 7-year Senior Loan of up to US$5 million (the “Financing” or the “Loan”). The Company will use the Financing to finance capital expenditures to expand and improve their operations in Belize, and for working capital needs (the “Project”). The main development objectives of the Project are to increase the production of processed value-added agricultural products in Belize for exports, and to improve productivity, while strengthening the value chain of SMEs suppliers, especially pepper producers in the country. The proposed financing to Marie Sharp Fine Foods Limited (“Marie Sharp”, the “Borrower” or the “Company”) consists of a 7-year Senior Loan of up to US$5 million (the “Financing” or the “Loan”). The Company will use the Financing to finance capital expenditures to expand and improve their operations in Belize, and for working capital needs (the “Project”). The main development objectives of the Project are to increase the production of processed value-added agricultural products in Belize for exports, and to improve productivity, while strengthening the value chain of SMEs suppliers, especially pepper producers in the country.
GEPP Grupo Gepp, S.A.P.I. de C.V. (“GEPP” or the “Company”) has requested financial assistance from IDB Invest to establish an uncommitted revolving credit line (the “Line”) to finance its suppliers through the acquisition of collection rights (the “Project” or the “Operation”). The Operation includes accounts receivable, the payment of which will be deferred due to the exceptional measures adopted by the Company to mitigate the impact of COVID-19 on its suppliers. Grupo Gepp, S.A.P.I. de C.V. (“GEPP” or the “Company”) has requested financial assistance from IDB Invest to establish an uncommitted revolving credit line (the “Line”) to finance its suppliers through the acquisition of collection rights (the “Project” or the “Operation”). The Operation includes accounts receivable, the payment of which will be deferred due to the exceptional measures adopted by the Company to mitigate the impact of COVID-19 on its suppliers.
Solar Rooftop 4All The objective of the Project is to provide a financing mechanism for a pool of small scale photovoltaic (PV) solar projects in Mexico. Multiple Mexican solar developers will originate, sell, operate, maintain, and service the PV solar projects on residential, industrial, and commercial properties in Mexico (the “PV systems” or “sub projects”). This transaction will enable the financing of the purchase of the PV systems.The IIC Project financing will be provided in two steps: (i) an Accumulation Stage, in which the IDB and IIC will provide a senior revolving loan, which is expected to include a revolving B loan, to the Warehousing Trust with the aim of purchasing and accumulating credit rights arising from the purchased PV systems (the “Warehousing Loan”); and (ii) a Mobilization Stage, in which the IIC will provide one or more PCGs to support the securitization of these credit rights in local capital markets. The PCGs are expected to support the issuance of up to three Securitization Cycles: one issuance every 24 months.The Project may receive financial support from the Clean Technology Fund (“CTF”) in the form of a PCG to support the Warehousing Loan during the Accumulation Stage. The objective of the Project is to provide a financing mechanism for a pool of small scale photovoltaic (PV) solar projects in Mexico. Multiple Mexican solar developers will originate, sell, operate, maintain, and service the PV solar projects on residential, industrial, and commercial properties in Mexico (the “PV systems” or “sub projects”). This transaction will enable the financing of the purchase of the PV systems.The IIC Project financing will be provided in two steps: (i) an Accumulation Stage, in which the IDB and IIC will provide a senior revolving loan, which is expected to include a revolving B loan, to the Warehousing Trust with the aim of purchasing and accumulating credit rights arising from the purchased PV systems (the “Warehousing Loan”); and (ii) a Mobilization Stage, in which the IIC will provide one or more PCGs to support the securitization of these credit rights in local capital markets. The PCGs are expected to support the issuance of up to three Securitization Cycles: one issuance every 24 months.The Project may receive financial support from the Clean Technology Fund (“CTF”) in the form of a PCG to support the Warehousing Loan during the Accumulation Stage.
Durlicouros Indústria e Comércio de Couros <p>Durlicouros Indústria e Comércio de Couros</p> <p>Durlicouros Indústria e Comércio de Couros</p>
Electricity Tariff Stabilization Liquidity Facility I (CEC XII) <p>Electricity Tariff Stabilization Liquidity Facility I (CEC XII)</p> <p>Electricity Tariff Stabilization Liquidity Facility I (CEC XII)</p>
Banco Hipotecario Dominicano (BHD) <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
BBVA Paraguay The objective of this program is to finance eligible projects via loans to eligible enterprises in Paraguay that meet IIC and BBVA Paraguay loan eligibility criteria and environmental and labor requirements. These small and medium-size enterprises (SMEs) in Paraguay require medium- or long-term financing in order to carry out their operations. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of SMEs, which have limited access to financing with terms of more than one year. The objective of this program is to finance eligible projects via loans to eligible enterprises in Paraguay that meet IIC and BBVA Paraguay loan eligibility criteria and environmental and labor requirements. These small and medium-size enterprises (SMEs) in Paraguay require medium- or long-term financing in order to carry out their operations. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of SMEs, which have limited access to financing with terms of more than one year.
Rock Content - Long Term Financing IDB Invest is considering an investment of up to US$15 million in EverWrite Inc. (the “Company”) and its subsidiaries (together with the Company, “Rock Content”). Launched in 2013, Rock Content is a digital contentmarketing solution provider established and based in Brazil and providing services in four continents and operational companies in four countries.Rock Content hires approximately 400 people, approximately 85are located in Latin America.Digital contentmarketingis becoming an important tool for the companies worldwide to grow its operations. Rock Content is a unique player as the majority of its workforce is located in Latin America while Rock Content generates approximately 65% of the revenue from the United States and Canada. The objectives of providing financing to Rock Content is (i) increasing the export of digital services inside Latin America and from Latin America to countries outside the region, (ii) fostering the investment in development of innovative products and services, and (iii) promoting employment in the technology industry. IDB Invest is considering an investment of up to US$15 million in EverWrite Inc. (the “Company”) and its subsidiaries (together with the Company, “Rock Content”). Launched in 2013, Rock Content is a digital contentmarketing solution provider established and based in Brazil and providing services in four continents and operational companies in four countries.Rock Content hires approximately 400 people, approximately 85are located in Latin America.Digital contentmarketingis becoming an important tool for the companies worldwide to grow its operations. Rock Content is a unique player as the majority of its workforce is located in Latin America while Rock Content generates approximately 65% of the revenue from the United States and Canada. The objectives of providing financing to Rock Content is (i) increasing the export of digital services inside Latin America and from Latin America to countries outside the region, (ii) fostering the investment in development of innovative products and services, and (iii) promoting employment in the technology industry.
FOPEPRO: Fund for Small Producers in Latin America <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
Genser Power Inc., Sucursal Ecuador GP is exclusively engaged in developing distributed generation and energy saving projects in emerging markets. Its mission is to provide energy solutions for industrial development. The vast majority of its projects uses natural gas or treated flare well gas for generating electricity. GP is the Group’s Ecuador branch that supplies energy to Petroamazonas Ecuador, S.A. (PAM), Ecuador’s state oil company.The purpose of the project is to finance the procurement and commissioning of four GE Jenbacher 320 motor generators, with a nominal capacity of 4.2 MW, to provide energy to PAM. GP is exclusively engaged in developing distributed generation and energy saving projects in emerging markets. Its mission is to provide energy solutions for industrial development. The vast majority of its projects uses natural gas or treated flare well gas for generating electricity. GP is the Group’s Ecuador branch that supplies energy to Petroamazonas Ecuador, S.A. (PAM), Ecuador’s state oil company.The purpose of the project is to finance the procurement and commissioning of four GE Jenbacher 320 motor generators, with a nominal capacity of 4.2 MW, to provide energy to PAM.
Banco ABC Brasil S.A. The objective of the proposed loan is to support the lending activities of Banco ABC, which provides loans to companies in all productive sectors of Brazil, especially agribusiness, industry, transportation, and other sectors. The proceeds of the IIC Loan will be used by companies to create jobs, build assets, and engage in international trade. The IIC’s A Loan will focus on providing financing to SMEs throughout the country, while the B Loan will be especially focused on financing companies located in the Northeast and state of Goias. The IIC’s loan will also help Banco ABC to diversify its sources of medium and long-term financing. The objective of the proposed loan is to support the lending activities of Banco ABC, which provides loans to companies in all productive sectors of Brazil, especially agribusiness, industry, transportation, and other sectors. The proceeds of the IIC Loan will be used by companies to create jobs, build assets, and engage in international trade. The IIC’s A Loan will focus on providing financing to SMEs throughout the country, while the B Loan will be especially focused on financing companies located in the Northeast and state of Goias. The IIC’s loan will also help Banco ABC to diversify its sources of medium and long-term financing.
Scotiabank Costa Rica Downscaling Finance Line <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p> <p>Effective January 1, 2016, this operation is being managed by the Inter-American Investment Corporation (IIC). For information disclosed by the Inter-American Development Bank (IDB) before that date, please refer to the Projects section on the IDB website.</p>
Project DCM #13 IDB Invest is considering an investment of up to DOP 1,000 million in a private placement of a bond denominated in Dominican Pesos ("DOP") to be issued by a Dominican financial institution. The bond issue will be divided in two tranches with a term of five years and a single payment of capital at maturity (the “Project”). The funds from the issue will be used to finance projects that are aligned with the Sustainable Development Goals (“SDGs”) of the United Nations Development Program (“UNDP”) that seek to achieve gender equality and the empowerment of all women. IDB Invest is considering an investment of up to DOP 1,000 million in a private placement of a bond denominated in Dominican Pesos ("DOP") to be issued by a Dominican financial institution. The bond issue will be divided in two tranches with a term of five years and a single payment of capital at maturity (the “Project”). The funds from the issue will be used to finance projects that are aligned with the Sustainable Development Goals (“SDGs”) of the United Nations Development Program (“UNDP”) that seek to achieve gender equality and the empowerment of all women.
Financiera de Occidente <p>Financiera de Occidente</p> <p>Financiera de Occidente</p>