devinitorg/iati-policy-markers huggingface dataset:
Fideicomiso Financiero Conaprole In order to support growth ventures in the Uruguayan dairy industry involving investments in infrastructure projects and permanent working capital, the Cooperativa de Ahorro y Crédito Proleco(“Proleco”), with the support of the Cooperativa Nacional de Productores de Leche(“Conaprole”), will create a financing system for Proleco’s partners (the “Sub-Borrowers”) through a financial trust created under Uruguayan law (the “FFIEL”). The FFIEL will be funded through public issues of subordinated debt, public issues of trust participation certificates and through senior debt securities issued under a private bid endorsed by IDB Invest for up to US$40 million, consisting of a US$20 million Committed Tranche I and a US$20 million Uncommitted Tranche II (the “Project”).As the originator, Proleco will detect loan opportunities for Sub-Borrowers, who shall subsequently undergo a credit check by CPA Ferrere –an independent professional entity–, taking into consideration IDB Invest’s eligible criteria (the “Sub-Loans”).The loans approved by CPA Ferrere will then be documented and financed by partner financial institutions, including Proleco.Once a sufficient number of sub-loans had been made these institutions shall execute the transfer and acquisition by the Issuing Trust. In order to support growth ventures in the Uruguayan dairy industry involving investments in infrastructure projects and permanent working capital, the Cooperativa de Ahorro y Crédito Proleco(“Proleco”), with the support of the Cooperativa Nacional de Productores de Leche(“Conaprole”), will create a financing system for Proleco’s partners (the “Sub-Borrowers”) through a financial trust created under Uruguayan law (the “FFIEL”). The FFIEL will be funded through public issues of subordinated debt, public issues of trust participation certificates and through senior debt securities issued under a private bid endorsed by IDB Invest for up to US$40 million, consisting of a US$20 million Committed Tranche I and a US$20 million Uncommitted Tranche II (the “Project”).As the originator, Proleco will detect loan opportunities for Sub-Borrowers, who shall subsequently undergo a credit check by CPA Ferrere –an independent professional entity–, taking into consideration IDB Invest’s eligible criteria (the “Sub-Loans”).The loans approved by CPA Ferrere will then be documented and financed by partner financial institutions, including Proleco.Once a sufficient number of sub-loans had been made these institutions shall execute the transfer and acquisition by the Issuing Trust.
Azvi Supply Chain Finance for Transport Projects The Project consists of a revolving, uncommitted supply chain payment services financing of up to US$20 million or their equivalent in Mexican pesos (the “Financing”) to provide supply chain payment services to Azvi S.A.U (or “ Azvi” ) in Chile and México (the “Borrowers”). The Financing will have an initial term of 12 months, which may be renewed annually at IDB Invest's discretion for up to six additional years. The Financing will provide Azvi suppliers an innovative alternative solution to finance their working capital needs by using the E-Factor Network platform.This solution will allow the Borrowers’ supplier base (which includes small and medium enterprises (SMEs) to secure financing under much more favorable conditions than would be available directly from the local market. SME supply chain financing through companies like Azvi is one of the ways that IDB Invest will serve this segment. The above is in line with the innovative focus proposed by IDB Invest for SMEs. The Project consists of a revolving, uncommitted supply chain payment services financing of up to US$20 million or their equivalent in Mexican pesos (the “Financing”) to provide supply chain payment services to Azvi S.A.U (or “ Azvi” ) in Chile and México (the “Borrowers”). The Financing will have an initial term of 12 months, which may be renewed annually at IDB Invest's discretion for up to six additional years. The Financing will provide Azvi suppliers an innovative alternative solution to finance their working capital needs by using the E-Factor Network platform.This solution will allow the Borrowers’ supplier base (which includes small and medium enterprises (SMEs) to secure financing under much more favorable conditions than would be available directly from the local market. SME supply chain financing through companies like Azvi is one of the ways that IDB Invest will serve this segment. The above is in line with the innovative focus proposed by IDB Invest for SMEs.
Cacique Sustainable Tourism <p>Cacique Sustainable Tourism</p> <p>Cacique Sustainable Tourism</p>
Merqueo Mezz Merqueo SAS ("Merqueo" or the "Company"), founded in Colombia in 2017, is a pioneer in the online supermarket segment. Its operations include a technology platform, warehouses and inventory, product development, procurement logistics and final deliveries. Merqueo's platform allows access to a wide variety of products at more competitive prices than a regular supermarket, saving its customers time and money. The financing consists of a US$20 million 7-year Mezzanine debt, of which US$4 million will be placed by IDB Invest, which in turn will mobilize US$16 million from the Blue Like an Orange fund. The use of funds consists of financing its growth plan in Colombia, Mexico and Brazil, in the following areas: (i) technological development; (ii) working capital (iii) capital expenditures and especially (iv) consolidation in the Brazilian market. Merqueo SAS ("Merqueo" or the "Company"), founded in Colombia in 2017, is a pioneer in the online supermarket segment. Its operations include a technology platform, warehouses and inventory, product development, procurement logistics and final deliveries. Merqueo's platform allows access to a wide variety of products at more competitive prices than a regular supermarket, saving its customers time and money. The financing consists of a US$20 million 7-year Mezzanine debt, of which US$4 million will be placed by IDB Invest, which in turn will mobilize US$16 million from the Blue Like an Orange fund. The use of funds consists of financing its growth plan in Colombia, Mexico and Brazil, in the following areas: (i) technological development; (ii) working capital (iii) capital expenditures and especially (iv) consolidation in the Brazilian market.
Profertil II Profertil is an Argentinian company that produces fertilizers; its main product is granulated urea for improving agricultural yields. Profertil has a production capacity of 1.1 million tons of granulated urea per year. It is the only company producing this type of fertilizer in Argentina and much of the region. Profertil markets almost all of its production in the local market, but it also exports to other countries in the region and beyond. The IIC loan will comprise an A loan and a B loan for a total of up to US$70 million. The purpose of the loan is to finance an industrial plant, storage silos, and a jetty on the Paraná River, in the municipality of Puerto General San Martín. The IIC will syndicate part of the loan to attract other banks to provide Profertil with financing on the same terms. The IIC loan will help Profertil improve the efficiency of its logistics in terms of storage, distribution, and transportation to the main agricultural production areas in the country. Profertil is an Argentinian company that produces fertilizers; its main product is granulated urea for improving agricultural yields. Profertil has a production capacity of 1.1 million tons of granulated urea per year. It is the only company producing this type of fertilizer in Argentina and much of the region. Profertil markets almost all of its production in the local market, but it also exports to other countries in the region and beyond. The IIC loan will comprise an A loan and a B loan for a total of up to US$70 million. The purpose of the loan is to finance an industrial plant, storage silos, and a jetty on the Paraná River, in the municipality of Puerto General San Martín. The IIC will syndicate part of the loan to attract other banks to provide Profertil with financing on the same terms. The IIC loan will help Profertil improve the efficiency of its logistics in terms of storage, distribution, and transportation to the main agricultural production areas in the country.
Papelera Nacional The project consists of the purchase, installation, and startup of machinery and equipment to increase plant capacity and improve plant efficiency and product quality as well as the financing of working capital requirements related to the plant expansion. The IIC’s loan will finance the purchase of the main equipment to complete the plant expansion. Papelera Nacional S.A.(Panasa) is the market leader in the production of test liner and medium corrugated kraft papers in Ecuador, with over 40 years of experience. Panasa produces good quality paper with a high content of recycled cardboard boxes and waste. Its production supplies an important raw material for the packaging needs of key agricultural export companies in Ecuador. The project consists of the purchase, installation, and startup of machinery and equipment to increase plant capacity and improve plant efficiency and product quality as well as the financing of working capital requirements related to the plant expansion. The IIC’s loan will finance the purchase of the main equipment to complete the plant expansion. Papelera Nacional S.A.(Panasa) is the market leader in the production of test liner and medium corrugated kraft papers in Ecuador, with over 40 years of experience. Panasa produces good quality paper with a high content of recycled cardboard boxes and waste. Its production supplies an important raw material for the packaging needs of key agricultural export companies in Ecuador.
Caja Municipal Arequipa <p>Caja Municipal Arequipa</p> <p>Caja Municipal Arequipa</p>
Banhcafe biodiversityFinancing Patnership (HO-L1115) <p>Banhcafe biodiversityFinancing Patnership (HO-L1115)</p> <p>Banhcafe biodiversityFinancing Patnership (HO-L1115)</p>
Fingano S.A. and Vengano S.A. The IIC financing will be used to partially fund the installation, commissioning, and operation of a 90 MW wind farm in the Sierra de Carapé mountains; the construction of a 150 kV, 39 km transmission line to connect the wind farm to the national electricity grid; and road work and other civil engineering works.Fingano S.A. and Vengano S.A. are special-purpose entities established to develop two wind farms—jointly, “Parque Eólico Carapé”—with a combined nominal output of 90 MW. The wind farms are located in the Sierra de las Cañas and Sierra de Carapé mountain ranges in Maldonado Department, some 20 km south-southeast of the town of Aiguá. The project includes a two-phase installation of 31 three-megawatt wind turbines. The IIC financing will be used to partially fund the installation, commissioning, and operation of a 90 MW wind farm in the Sierra de Carapé mountains; the construction of a 150 kV, 39 km transmission line to connect the wind farm to the national electricity grid; and road work and other civil engineering works.Fingano S.A. and Vengano S.A. are special-purpose entities established to develop two wind farms—jointly, “Parque Eólico Carapé”—with a combined nominal output of 90 MW. The wind farms are located in the Sierra de las Cañas and Sierra de Carapé mountain ranges in Maldonado Department, some 20 km south-southeast of the town of Aiguá. The project includes a two-phase installation of 31 three-megawatt wind turbines.
Puebla Solar PV The Puebla Solar Photo-Voltaic (PV) Project (“the Project”) consists of the design, construction, commissioning, operation and maintenance of a 250MWAC PV solar power plant in the state of Puebla, México; and all associated transmission and interconnection facilities, which include a transmission line (TL) of up to 6 km. from the lift substation, to the interconnection substation with the Transmission System network. The Project will receive income under bilateral energy purchase and sale contracts and will sell part of the energy generated in the market, seeking a balance between contracted and market prices. The Project will contribute to achieving the objectives of the Government of México to diversify its electricity matrix by delivering clean PV solar energy and supporting the impulse to create a wholesale electricity market while reducing the country's dependence on thermal energy, since the Mexico's objective is that in 2050 clean energy sources provide 50% of the electricity generation combination.The proposed transaction consists of a forty-five-million-dollar loan (US$45,000,000) to be funded by IDB Invest (“IDBI”). In addition, IDBI in its capacity as administrator of the Canadian Climate Fund for the Private Sector in the Americas – Phase II (C2F) will provide a loan of up to seven million dollars (US$7,000,000). The Puebla Solar Photo-Voltaic (PV) Project (“the Project”) consists of the design, construction, commissioning, operation and maintenance of a 250MWAC PV solar power plant in the state of Puebla, México; and all associated transmission and interconnection facilities, which include a transmission line (TL) of up to 6 km. from the lift substation, to the interconnection substation with the Transmission System network. The Project will receive income under bilateral energy purchase and sale contracts and will sell part of the energy generated in the market, seeking a balance between contracted and market prices. The Project will contribute to achieving the objectives of the Government of México to diversify its electricity matrix by delivering clean PV solar energy and supporting the impulse to create a wholesale electricity market while reducing the country's dependence on thermal energy, since the Mexico's objective is that in 2050 clean energy sources provide 50% of the electricity generation combination.The proposed transaction consists of a forty-five-million-dollar loan (US$45,000,000) to be funded by IDB Invest (“IDBI”). In addition, IDBI in its capacity as administrator of the Canadian Climate Fund for the Private Sector in the Americas – Phase II (C2F) will provide a loan of up to seven million dollars (US$7,000,000).
Sinolam Smart Energy Panama Gas to Power Plant <p>Sinolam Smart Energy Panama Gas to Power Plant</p> <p>Sinolam Smart Energy Panama Gas to Power Plant</p>
GHL CV19 Facility This transaction consists of a seven-year term senior secured loan of up to US$10 million to finance the Company’s working capital needs due to the impact of the COVID-19 pandemic, as well as to support its growth strategy and recovery across Latin American countries such as Argentina, Chile, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, and Peru. GHL is a regional multi-brand hotel operator using the highest standards and operational efficiencies to manage hotels under its own brands and under a variety of international flags via franchise agreements.The proposed financing aims to support the Company's working capital, general institutional needs, and growth strategy.======================ADENDUM:On February 24, 2021 the publication was revised to include Panama in theProject Scope and Objective and IDB Invest Participation. This transaction consists of a seven-year term senior secured loan of up to US$10 million to finance the Company’s working capital needs due to the impact of the COVID-19 pandemic, as well as to support its growth strategy and recovery across Latin American countries such as Argentina, Chile, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, and Peru. GHL is a regional multi-brand hotel operator using the highest standards and operational efficiencies to manage hotels under its own brands and under a variety of international flags via franchise agreements.The proposed financing aims to support the Company's working capital, general institutional needs, and growth strategy.======================ADENDUM:On February 24, 2021 the publication was revised to include Panama in theProject Scope and Objective and IDB Invest Participation.
Sempre AgTech - A/B Loan <p>Sempre AgTech - A/B Loan</p> <p>Sempre AgTech - A/B Loan</p>
Tienda Amiga - Import Finance This transaction consists of a revolving uncommitted credit line for Tienda Amiga ER S.A. (“Tienda Amiga” or the “Company”) in Bolivia for up to USD 5 million which IDB Invest would disburse in a maximum of 360 days; the funds will be used to import durable goods for home use, home appliances and other electronics from foreign suppliers.The Project seeks to offer a working capital solution that is unattended in the Bolivian market, and which will allow Tienda Amiga to finance their imports, while strengthening their supply chain and moving forward with their growth plans. This would be IDB Invest’s first transaction with the Company, and its first intervention in the modern retail sector in Bolivia in the last few years. This transaction consists of a revolving uncommitted credit line for Tienda Amiga ER S.A. (“Tienda Amiga” or the “Company”) in Bolivia for up to USD 5 million which IDB Invest would disburse in a maximum of 360 days; the funds will be used to import durable goods for home use, home appliances and other electronics from foreign suppliers.The Project seeks to offer a working capital solution that is unattended in the Bolivian market, and which will allow Tienda Amiga to finance their imports, while strengthening their supply chain and moving forward with their growth plans. This would be IDB Invest’s first transaction with the Company, and its first intervention in the modern retail sector in Bolivia in the last few years.
Banco Financiero II (PE3940A-02) <p>Banco Financiero II (PE3940A-02)</p> <p>Banco Financiero II (PE3940A-02)</p>
Altán Redes S.A.P.I. de C.V. The transaction consists of the IDB Group participation in the long term debt financing for the peak funding needs for the deployment of the Mexican Government-sponsored Red Compartida public private partnership (the “Project” or “Red Compartida”) for an aggregate amount of up to US$150 million. The roll-out of Red Compartida is expected to generate an investment in excess of US$7 billion over the 20-year life of the concession. Altán Redes S.A.P.I. de C.V. (“Altán”) was awarded the international tender process for the design, deployment, operation and maintenance of Red Compartida by the Mexican Ministry of Communications and Transportation in November 2016.Red Compartida will be the first and only Mexican neutral wholesale 4G LTE mobile communications network that will provide mobile broadband coverage to at least 92.2% of the Mexican population. Structured as a public-private partnership, Red Compartida is expected to provide multiple benefits to the population, such as: increase high speed wireless broadband coverage, improve the quality of telecommunication services, contribute to lowering mobile telecommunication prices, allow for more competition in the telecommunication sector, promote productivity and competitiveness of the Mexican economy, foster innovation in digital services, and allow for better and more efficient use of the spectrum. The transaction consists of the IDB Group participation in the long term debt financing for the peak funding needs for the deployment of the Mexican Government-sponsored Red Compartida public private partnership (the “Project” or “Red Compartida”) for an aggregate amount of up to US$150 million. The roll-out of Red Compartida is expected to generate an investment in excess of US$7 billion over the 20-year life of the concession. Altán Redes S.A.P.I. de C.V. (“Altán”) was awarded the international tender process for the design, deployment, operation and maintenance of Red Compartida by the Mexican Ministry of Communications and Transportation in November 2016.Red Compartida will be the first and only Mexican neutral wholesale 4G LTE mobile communications network that will provide mobile broadband coverage to at least 92.2% of the Mexican population. Structured as a public-private partnership, Red Compartida is expected to provide multiple benefits to the population, such as: increase high speed wireless broadband coverage, improve the quality of telecommunication services, contribute to lowering mobile telecommunication prices, allow for more competition in the telecommunication sector, promote productivity and competitiveness of the Mexican economy, foster innovation in digital services, and allow for better and more efficient use of the spectrum.
Vinte IV Vinte is a holding company whose subsidiaries develop, promote, design, build, sell, and—in some cases—equip low-income, middle-income, and middle-class (“Residencial”) housing. The company operates in several Mexican states.The proposed operations with Vinte consists of a partial credit guarantee for up to MX$250 million Mexican Pesos in order to improve the rating of a bond issue in the Mexican Stock Exchange. The tenor of the bond and the PCG will be up to ten years. Vinte is a holding company whose subsidiaries develop, promote, design, build, sell, and—in some cases—equip low-income, middle-income, and middle-class (“Residencial”) housing. The company operates in several Mexican states.The proposed operations with Vinte consists of a partial credit guarantee for up to MX$250 million Mexican Pesos in order to improve the rating of a bond issue in the Mexican Stock Exchange. The tenor of the bond and the PCG will be up to ten years.
Fábrica de Papeles Carrascal S.A. <p>Fábrica de Papeles Carrascal S.A.</p> <p>Fábrica de Papeles Carrascal S.A.</p>
Banco de Bogota The project consists of a credit line to Banco de Bogotá S.A. of up to US$30 million. The purpose of the financing is to support small and medium-sized Colombian enterprises through financial leasing and factoring operations, as well as loans for working capital or fixed asset purchases. The project consists of a credit line to Banco de Bogotá S.A. of up to US$30 million. The purpose of the financing is to support small and medium-sized Colombian enterprises through financial leasing and factoring operations, as well as loans for working capital or fixed asset purchases.
Eleuthera Road Rehabilitation <p>Eleuthera Road Rehabilitation</p> <p>Eleuthera Road Rehabilitation</p>
The Currency Exchange Fund N.V. TCX <p>The Currency Exchange Fund N.V. TCX</p> <p>The Currency Exchange Fund N.V. TCX</p>
Banco Mercantil S.A. The objective of the project is to develop mortgage securities in Bolivia. IIC will provide a ten-year US$10 million line of credit to finance long-term home mortgages. The credit line will expand the pool of loans required as a starting point in the development of mortgage-backed securities. The facility will enable Banco Mercantil to support the development of a housing program, an objective of the IDB in Bolivia. The objective of the project is to develop mortgage securities in Bolivia. IIC will provide a ten-year US$10 million line of credit to finance long-term home mortgages. The credit line will expand the pool of loans required as a starting point in the development of mortgage-backed securities. The facility will enable Banco Mercantil to support the development of a housing program, an objective of the IDB in Bolivia.
Banco Internacional, S.A. - TFFP <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>
Banco Ficohsa Honduras - Gender and Diversity Linked Bond <p>Banco Ficohsa Honduras - Gender and Diversity Linked Bond</p> <p>Banco Ficohsa Honduras - Gender and Diversity Linked Bond</p>