devinitorg/iati-policy-markers huggingface dataset:
Peninsula Investment Fund The Project consists of an IDB Invest financing via a series of loans equivalent to US$60 million in the aggregate, but to be provided in four different currencies to Peninsula IV Levered-O L.P., a feeder fund of Peninsula Investments Group IV, L.P., which is an investment fund that invests in middle-income for-sale and/or for-rent residential development projects and mixed-use development projects across Latin America. The project objective is to increase the availability of equity financing to residential and mixed-use real estate projects targeted to middle-income households in the Latin American region. The Fund Manager is Management Peninsula, Ltd., a company composed of a team of qualified professionals who have developed significant experience managing three regional residential development funds of an aggregate amount of above US$255 million.Peninsula seeks to add value at both the investment and developer level by providing equity and debt financing to each of the residential and mixed-use real estate projects, maintaining control on key project decisions, assisting developers in defining the marketing, sales, construction and financing strategy, and training its development partners to implement sophisticated systems into their sales and construction processes. Additionally, Peninsula seeks to optimize financial performance by actively monitoring these processes throughout the life cycle of every project. The Project consists of an IDB Invest financing via a series of loans equivalent to US$60 million in the aggregate, but to be provided in four different currencies to Peninsula IV Levered-O L.P., a feeder fund of Peninsula Investments Group IV, L.P., which is an investment fund that invests in middle-income for-sale and/or for-rent residential development projects and mixed-use development projects across Latin America. The project objective is to increase the availability of equity financing to residential and mixed-use real estate projects targeted to middle-income households in the Latin American region. The Fund Manager is Management Peninsula, Ltd., a company composed of a team of qualified professionals who have developed significant experience managing three regional residential development funds of an aggregate amount of above US$255 million.Peninsula seeks to add value at both the investment and developer level by providing equity and debt financing to each of the residential and mixed-use real estate projects, maintaining control on key project decisions, assisting developers in defining the marketing, sales, construction and financing strategy, and training its development partners to implement sophisticated systems into their sales and construction processes. Additionally, Peninsula seeks to optimize financial performance by actively monitoring these processes throughout the life cycle of every project.
BICE Argentina TFFP Line <p>BICE Argentina TFFP Line</p> <p>BICE Argentina TFFP Line</p>
Trecsa Guatemala Green Transmission Line Empresa Transportadora de Energía de Centroamérica S.A. (“TRECSA”, the “Company” or the “Client”), a sister company of the Colombian Grupo Energía Bogotá (“GEB”), is building the Project PET-01-2009 (the “Project”) in Guatemala.The Project, which is part of the Transportation System Expansion Plan (“PET”, for its acronym in Spanish) of Guatemala, consists in building and maintaining 783 km of 230 kW electric power transmission lines (“TL”) and 11 new transforming stations (“TS”), as well as expanding 12 existing substations. The Project is organized in 6 stretches (the “Stretches”): i) Stretch A (Metro Pacific Ring), located in the departments of Guatemala, Escuintla, Sacatepéquez and Santa Rosa; ii) Stretch B (Hydraulic Ring), situated in the departments of Huehuetenango and Quiché; iii) Stretch C (Atlantic Ring), placed in the departments of Zacapa and Izabal; iv) Stretch D (Atlantic Ring), located in the departments of Izabal, Alta and Baja Verapaz; v) Stretch E (Hydraulic and Atlantic Ring), situated in the departments of Alta Verapaz, Baja Verapaz and El Progreso and vi) Stretch F (Western Ring), placed in the departments of Chimaltenango, Sacatepéquez, Guatemala, Sololá, Suchitepéquez and Retalhuleu. The Project started in May 2012 and, as of December 31, 2020, its overall progress was of 86.62%. Empresa Transportadora de Energía de Centroamérica S.A. (“TRECSA”, the “Company” or the “Client”), a sister company of the Colombian Grupo Energía Bogotá (“GEB”), is building the Project PET-01-2009 (the “Project”) in Guatemala.The Project, which is part of the Transportation System Expansion Plan (“PET”, for its acronym in Spanish) of Guatemala, consists in building and maintaining 783 km of 230 kW electric power transmission lines (“TL”) and 11 new transforming stations (“TS”), as well as expanding 12 existing substations. The Project is organized in 6 stretches (the “Stretches”): i) Stretch A (Metro Pacific Ring), located in the departments of Guatemala, Escuintla, Sacatepéquez and Santa Rosa; ii) Stretch B (Hydraulic Ring), situated in the departments of Huehuetenango and Quiché; iii) Stretch C (Atlantic Ring), placed in the departments of Zacapa and Izabal; iv) Stretch D (Atlantic Ring), located in the departments of Izabal, Alta and Baja Verapaz; v) Stretch E (Hydraulic and Atlantic Ring), situated in the departments of Alta Verapaz, Baja Verapaz and El Progreso and vi) Stretch F (Western Ring), placed in the departments of Chimaltenango, Sacatepéquez, Guatemala, Sololá, Suchitepéquez and Retalhuleu. The Project started in May 2012 and, as of December 31, 2020, its overall progress was of 86.62%.
Financiera y Arrendadora Cafsa III Through this financing, the IIC intends to support Financiera CAFSA, S.A. and Arrendadora CAFSA, S.A. in their credit and leasing activities geared to financing small and medium-sized Costa Rican enterprises in the country’s different productive sectors. Through this financing, the IIC intends to support Financiera CAFSA, S.A. and Arrendadora CAFSA, S.A. in their credit and leasing activities geared to financing small and medium-sized Costa Rican enterprises in the country’s different productive sectors.
Grano Alimentos - Up to USD 20MM Mezzanine <p>Grano Alimentos - Up to USD 20MM Mezzanine</p> <p>Grano Alimentos - Up to USD 20MM Mezzanine</p>
Cooperativa La Riojana <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>
CMI  Alimentos III El financiamiento propuesto a CMI Alimentos, uno de los principales grupos de alimentos y agronegocios en Centroamérica, consiste en: (i) un préstamo revolvente comprometido a los Prestatarios por hasta US$40 millones, para asegurar su liquidez de corto y mediano plazo, financiando sus necesidades de capital de trabajo (el “Préstamo de CT”); y (ii) una línea de importaciones no comprometida revolvente a los Prestatarios por hasta US$10 millones, para compra de granos considerando el crecimiento de sus operaciones y el alza en precio de los granos (la “Línea de Importaciones” y en conjunto con el Préstamo de CT, el “Financiamiento”). Los objetivos de desarrollo del Financiamiento incluyen: (i) incrementar la producción de alimentos, protegiendo el suministro de alimentos en los mercados domésticos; (ii) fortalecer los vínculos de mercado con la cadena de suministro regional; y (iii) apoyar el empleo, incluyendo en zonas de elevada pobreza. El financiamiento propuesto a CMI Alimentos, uno de los principales grupos de alimentos y agronegocios en Centroamérica, consiste en: (i) un préstamo revolvente comprometido a los Prestatarios por hasta US$40 millones, para asegurar su liquidez de corto y mediano plazo, financiando sus necesidades de capital de trabajo (el “Préstamo de CT”); y (ii) una línea de importaciones no comprometida revolvente a los Prestatarios por hasta US$10 millones, para compra de granos considerando el crecimiento de sus operaciones y el alza en precio de los granos (la “Línea de Importaciones” y en conjunto con el Préstamo de CT, el “Financiamiento”). Los objetivos de desarrollo del Financiamiento incluyen: (i) incrementar la producción de alimentos, protegiendo el suministro de alimentos en los mercados domésticos; (ii) fortalecer los vínculos de mercado con la cadena de suministro regional; y (iii) apoyar el empleo, incluyendo en zonas de elevada pobreza.
Proyecto DCM #12 IDB Invest is considering an investment through the purchase of securities for up to US$25 million (“the Project”) in a manufacturing company in the Dominican Republic (the “Client”). The resources from this operation will be used for capital investments, asset acquisitions that improve the company’s operating efficiency, and to refinance the Client's debt.For as long as IDB Invest is the holder of the securities in question, its commitment to this investment will be subject to the Client complying with IDB Invest's Environmental and Social Sustainability Policy. IDB Invest is considering an investment through the purchase of securities for up to US$25 million (“the Project”) in a manufacturing company in the Dominican Republic (the “Client”). The resources from this operation will be used for capital investments, asset acquisitions that improve the company’s operating efficiency, and to refinance the Client's debt.For as long as IDB Invest is the holder of the securities in question, its commitment to this investment will be subject to the Client complying with IDB Invest's Environmental and Social Sustainability Policy.
Air-e Colombia Providing long-term guaranteed corporate financing to Air-e S.A.S. E.S.P. (the “Company or Aire”). Aire is the third largest energy distribution and commercialization company in Colombia, serving 1.25 million users in the departments of Atlántico, La Guajira and Magdalena. In 2020, the Company was selected by the national government to assume the operation of the regional electrical network, replacing the previous operator with the commitment to improve efficiency in service provision, increase quality indices and reduce distribution system losses. .IDB Invest will provide term financing for an approximate amount of COP 180,000 million. Through this operation, IDB Invest seeks to improve the quality of the electricity service in the Colombian Caribbean area. Providing long-term guaranteed corporate financing to Air-e S.A.S. E.S.P. (the “Company or Aire”). Aire is the third largest energy distribution and commercialization company in Colombia, serving 1.25 million users in the departments of Atlántico, La Guajira and Magdalena. In 2020, the Company was selected by the national government to assume the operation of the regional electrical network, replacing the previous operator with the commitment to improve efficiency in service provision, increase quality indices and reduce distribution system losses. .IDB Invest will provide term financing for an approximate amount of COP 180,000 million. Through this operation, IDB Invest seeks to improve the quality of the electricity service in the Colombian Caribbean area.
Movistar Colombia Handset Financing <p>Movistar Colombia Handset Financing</p> <p>Movistar Colombia Handset Financing</p>
Te Creemos The proposed project consists of a senior loan facility in local currency up to the equivalent in Mexican pesos of US$15 million to Te Creemos, S.A. de C.V., S.F.P. ("Te Creemos", or the "Institution"). The loan term will be up to four years, with semi-annual principal payments and monthly interest payments. The loan proceeds will be used to grow the Institution's micro-finance and micro and small business portfolios, while encouraging financial inclusion. The proposed project consists of a senior loan facility in local currency up to the equivalent in Mexican pesos of US$15 million to Te Creemos, S.A. de C.V., S.F.P. ("Te Creemos", or the "Institution"). The loan term will be up to four years, with semi-annual principal payments and monthly interest payments. The loan proceeds will be used to grow the Institution's micro-finance and micro and small business portfolios, while encouraging financial inclusion.
Guarantee Program with Wells Fargo Bank, N.A. The proposed project involves risk participation where the IIC will provide an unfunded guarantee of up to US$45 million for a program life of up to 3 years to Wells Fargo for trade finance transactions in Ecuador, El Salvador, Guatemala, and Honduras. Under this program, these trade finance transactions will have tenors of up to 1 year, and transactions will benefit SMEs in the target countries through operations with 13 selected banks in the 4 countries.The proposed project is a direct fit with the IIC’s strategic focus to increase access to finance for local financial institutions in the region by risk-sharing in a portfolio of emerging market trade assets with a partner bank active in the region. The proposed project involves risk participation where the IIC will provide an unfunded guarantee of up to US$45 million for a program life of up to 3 years to Wells Fargo for trade finance transactions in Ecuador, El Salvador, Guatemala, and Honduras. Under this program, these trade finance transactions will have tenors of up to 1 year, and transactions will benefit SMEs in the target countries through operations with 13 selected banks in the 4 countries.The proposed project is a direct fit with the IIC’s strategic focus to increase access to finance for local financial institutions in the region by risk-sharing in a portfolio of emerging market trade assets with a partner bank active in the region.
Los Portales S.A. In operation since 1996, Los Portales S.A. is a Peruvian company with the following core business lines: (i) hospitality services, including the operation of five 3- to 5-star hotels catering to corporate and executive travelers (the Country Club Hotel in Lima, and the Los Portales hotels in Tarma, Piura, Chiclayo, and Cusco; (ii) real estate services, focusing on real property sales through urban land development and low-cost housing projects; and (iii) parking facilities services, including the operation, utilization, and management of its own such facilities via franchise or lease.The IIC loan for up to US$3.5 million would be used primarily to expand and remodel facilities of the Los Portales S.A. hotel division. In operation since 1996, Los Portales S.A. is a Peruvian company with the following core business lines: (i) hospitality services, including the operation of five 3- to 5-star hotels catering to corporate and executive travelers (the Country Club Hotel in Lima, and the Los Portales hotels in Tarma, Piura, Chiclayo, and Cusco; (ii) real estate services, focusing on real property sales through urban land development and low-cost housing projects; and (iii) parking facilities services, including the operation, utilization, and management of its own such facilities via franchise or lease.The IIC loan for up to US$3.5 million would be used primarily to expand and remodel facilities of the Los Portales S.A. hotel division.
Davivienda Honduras - TFFP <p>Davivienda Honduras - TFFP</p> <p>Davivienda Honduras - TFFP</p>
ACCION Digital Transformation Fund IDB Invest is considering an equity investment up to US$10 million (including resources from IDB Invest’s administered funds) in the Accion Digital Transformation Fund (“the Fund”), an investment fund providing growth capital to microfinance institutions (“MFIs”) seeking to digitize their transactions and products. The Fund will be managed by Accion International (“Accion” or the “Fund Manager”), a pioneer in the microfinance sector with over 50 years of global experience in this segment.The COVID- 19 pandemic has increased the financial gap for micro, small and medium-sized enterprises ("MSMEs") and has specifically affected women, who represent the majority of MFI borrowers. Access to financial services is key to MSME recovery, and digitizing those services will accelerate financial inclusion. By investing in the Fund, IDB Invest would help bridge the MSME financial gap. The Fund would mark the beginning of a strategic cooperation with Accion, which is committed to financial inclusion focused on technical assistance and co-investments for MFIs in the region. The Fund plans to invest in a total of 8-12 MFIs in Asia, Africa and Latin America. IDB Invest will support investments in Latin America . Investments in MFIs are estimated to be between US$8 million and US$10 million. IDB Invest is considering an equity investment up to US$10 million (including resources from IDB Invest’s administered funds) in the Accion Digital Transformation Fund (“the Fund”), an investment fund providing growth capital to microfinance institutions (“MFIs”) seeking to digitize their transactions and products. The Fund will be managed by Accion International (“Accion” or the “Fund Manager”), a pioneer in the microfinance sector with over 50 years of global experience in this segment.The COVID- 19 pandemic has increased the financial gap for micro, small and medium-sized enterprises ("MSMEs") and has specifically affected women, who represent the majority of MFI borrowers. Access to financial services is key to MSME recovery, and digitizing those services will accelerate financial inclusion. By investing in the Fund, IDB Invest would help bridge the MSME financial gap. The Fund would mark the beginning of a strategic cooperation with Accion, which is committed to financial inclusion focused on technical assistance and co-investments for MFIs in the region. The Fund plans to invest in a total of 8-12 MFIs in Asia, Africa and Latin America. IDB Invest will support investments in Latin America . Investments in MFIs are estimated to be between US$8 million and US$10 million.
Naturasol II The transaction consists of a Senior secured loan for up to Mex $300 million for a term of 8 years (including a grace period of 2 years), to finance the acquisition of land and subsequent construction of a distribution center (“CEDIS”) in Mexico City. The CEDIS is strategically located with respect to the snack, cereal and peanut production facility, as well as the honey plant. The Project will allow the consolidation of the logistics operations of the finished product, achieving operational improvements for the company. In addition, it will allow a higher rate of growth of the installed productive capacity towards spaces that are currently occupied by inventories to be relocated to the new distribution center. The transaction consists of a Senior secured loan for up to Mex $300 million for a term of 8 years (including a grace period of 2 years), to finance the acquisition of land and subsequent construction of a distribution center (“CEDIS”) in Mexico City. The CEDIS is strategically located with respect to the snack, cereal and peanut production facility, as well as the honey plant. The Project will allow the consolidation of the logistics operations of the finished product, achieving operational improvements for the company. In addition, it will allow a higher rate of growth of the installed productive capacity towards spaces that are currently occupied by inventories to be relocated to the new distribution center.
TIA Trade Finance The transaction consists in an uncommitted revolving reverse factoring credit line (the “Transaction) to be granted by IDB Invest to Tiendas Industriales Asociadas TÍA S.A. in Ecuador (“Tiendas TÍA” or the “Company”). At its sole discretion, IDB Invest will be entitled to: purchase and discount the credit rights held by suppliers payable by Tiendas TÍA previously confirmed by the latter through an eligible electronic platform.The Company was organized in Guayaquil, Ecuador, in 1959. Since then it has expanded countrywide and currently owns 242 stores (158 in the Costa, 73 in the Sierra and 11 in the Amazonía regions) with a headcount of over 8,000. The Company’s main activity is the wholesale and retail sale of food, clothing and products in general through its stores under the commercial brand “Tía” focused on serving the customers at the base of the pyramid.Through the Transaction, IDB Invest seeks to enable financing under competitive conditions for Tiendas TÍA’s suppliers, which are mostly MSMEs, in Ecuador by discounting or monetizing their credit rights arising from the sale of goods and/or services to Tiendas TÍA. The transaction consists in an uncommitted revolving reverse factoring credit line (the “Transaction) to be granted by IDB Invest to Tiendas Industriales Asociadas TÍA S.A. in Ecuador (“Tiendas TÍA” or the “Company”). At its sole discretion, IDB Invest will be entitled to: purchase and discount the credit rights held by suppliers payable by Tiendas TÍA previously confirmed by the latter through an eligible electronic platform.The Company was organized in Guayaquil, Ecuador, in 1959. Since then it has expanded countrywide and currently owns 242 stores (158 in the Costa, 73 in the Sierra and 11 in the Amazonía regions) with a headcount of over 8,000. The Company’s main activity is the wholesale and retail sale of food, clothing and products in general through its stores under the commercial brand “Tía” focused on serving the customers at the base of the pyramid.Through the Transaction, IDB Invest seeks to enable financing under competitive conditions for Tiendas TÍA’s suppliers, which are mostly MSMEs, in Ecuador by discounting or monetizing their credit rights arising from the sale of goods and/or services to Tiendas TÍA.
St. Georges Financing Partnership for SMEs The proposed transaction consists of a senior unsecured financing to St. Georges Bank & Company Inc. (the “Bank”) of up to US$25 million which is expected to be comprised as follows: (i) IDB Invest Senior Loan of up to US$5 million to be funded by the IDB Invest with a three-year tenor; (ii) IDB Subordinated A Loan of up to US$20 million to be funded by the IDB Invest with an 8-year tenor. The Project will be complemented by supporting the Bank on developing a Sustainable Finance initiative that will include four layers of advisory services support. First, the development of corporate sustainability policy. Second, the establishment of procedures and capabilities that allow the Bank’s functionaries to identify and manage green investments in SME segment. Third, the analysis and improvement of risk policy on environmental, social and climate risk. Fourth, support the Bank on maximizing benefits from the previous three layers to increase SMEs credit origination in sustainable investments. The proposed transaction consists of a senior unsecured financing to St. Georges Bank & Company Inc. (the “Bank”) of up to US$25 million which is expected to be comprised as follows: (i) IDB Invest Senior Loan of up to US$5 million to be funded by the IDB Invest with a three-year tenor; (ii) IDB Subordinated A Loan of up to US$20 million to be funded by the IDB Invest with an 8-year tenor. The Project will be complemented by supporting the Bank on developing a Sustainable Finance initiative that will include four layers of advisory services support. First, the development of corporate sustainability policy. Second, the establishment of procedures and capabilities that allow the Bank’s functionaries to identify and manage green investments in SME segment. Third, the analysis and improvement of risk policy on environmental, social and climate risk. Fourth, support the Bank on maximizing benefits from the previous three layers to increase SMEs credit origination in sustainable investments.
SEAF Climate Resiliency Financing <p>SEAF Climate Resiliency Financing</p> <p>SEAF Climate Resiliency Financing</p>
Carvajal Pulpa y Papel <p>Carvajal Pulpa y Papel</p> <p>Carvajal Pulpa y Papel</p>
Avista Equity Investment <p>Avista Equity Investment</p> <p>Avista Equity Investment</p>